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Exit and Enter Quickly

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The doji is a great time for you to consider getting out of an existing trade. This strategy is as follows:

  1. Watch for how a stock you own is starting to form a doji.
  2. Exit the stock when the doji starts to form.
  3. Get back into the stock when the doji appears to have formed and you have an idea of where the stock is moving.

This is a good idea to review regardless of how long you have held onto a stock. Allow for some time in between when you exit a stock and when you get back in. You need to know for certain what is happening with your stock as you move into a good position.