Find Winning Stocks with Professional Trader Pat Walker
The TraderLion Podcast
00:00
How Do You Handle Gap Ups?
It's gapping up in pre-market right at that pivot. Do you wait for some type of intraday consolidation or will you just manage risk and buy it anyway? Great question. It's a clean and civil base. How can I control risk? What can I do? You could buy it, but buy less shares,. Buy less shares, control risk, and then watch it on the 10 minute chart. If it really starts to drop below the lows of that first bar, be very careful. The best ones just push away.
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