DislikedI apologyze for not responding to this post earlier. Just saw this post.
It is simple, If I expect a V would start buying until it forms the other arm. I always buy in many small lots, 10 to 20. Similarly if I am expecting ^ would start selling the left leg and then the right leg.
In case of V, if other arm does not start forming, would either quit or carry my position for a V on next lower level. By that time I would have opened only half (or sometimes less than half) of my positions and therefore my risk is limited to half position. If I...Ignored
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