$PROM Buying after a strong rise can be costly even if you’re “right”.
If an asset goes up 30% and you enter exactly at the top, a 15% pullback can already leave you quite uncomfortable. Waiting for a better entry zone can make more difference than getting the direction right
If an asset goes up 30% and you enter exactly at the top, a 15% pullback can already leave you quite uncomfortable. Waiting for a better entry zone can make more difference than getting the direction right