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RE: Don't chase a moving train, or try and catch a falling knife
I bought LTC at 154 and sold at 184 which was a good trade but it shot up to 235 because of the LTC Cash news. Sure enough it fell to 189 over the weekend so patience is key for entry.
Patience is very important, discipline as well. Just because the price kept going up doesn't mean you made a mistake. As long as you leave wit a profit be happy.