It’s becoming pretty clear that these pumps are often short lived
Looking at all the trades I’ve shared $COTI $HOLO $DOS $LAB $ACE $ALICE and $PROM almost all of them gave an initial pump of around 5–30%. However only $DOS and $COTI eventually reached the TP while the others started dumping before reaching their targets.
So maybe we need to approach these trades more like scalps. Instead of waiting for the maximum possible profit, perhaps we should secure profits when the trade gives us a decent move, because that profit may disappear quickly.
Looking at all the trades I’ve shared $COTI $HOLO $DOS $LAB $ACE $ALICE and $PROM almost all of them gave an initial pump of around 5–30%. However only $DOS and $COTI eventually reached the TP while the others started dumping before reaching their targets.
So maybe we need to approach these trades more like scalps. Instead of waiting for the maximum possible profit, perhaps we should secure profits when the trade gives us a decent move, because that profit may disappear quickly.