Vaccine had made SATS no more a SADS stock.
SATS is a very good example of a failed and success rally. Stop-loss is required as not every power up will be a success. Technical trading never a sure thing, however, you still need to execute the theory and cut stop-loss when required.
Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.
Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.
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