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When do you scratch a trade that doesn’t make progress?

Original question: When you buy a stock but it doesn’t rally in 1-2 days although the setup is still somewhat valid, how long do you wait until you scratch the trade?

When I enter a quiet & tight setup I wait until the stock launched either higher or price and volume action renders the setup invalid. There is no time limit. However in most cases the stock makes up it’s mind within 1 to 4 days. The longest I ever had to wait was in a #FFF setup. Here I had to digest a one day shakeout but the stock turned tight again the next day and made me reenter.


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