Think about it: It just went up 3% today, should I sell now because there's probably a correction tomorrow? Then it goes down 2% the next day; should I sell before it goes down further? But the short/medium/long-term trend is still going up, should I sell later? But if the trend is trading in range, should I wait until the break-out? What if it doesn't brake-out and instead breaks down?
This dilemma is caused by one of two reasons:
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