[pcabc]

Yep, it is a day late on the breakout, but it could always pullback tomorrow, or you can position size to manage your risk with a smaller position, or choose a tighter stop loss like below this weeks low or some other stop loss method.

I think I'll happily sit this one out. I have too many stocks in my portfolio that have been bought a little too late and are in pullbacks and have been for a while. They have not dropped far enough to be considered failures and they look like they are starting to pull up or at least are level. Being a fair proportion in cash right now I can't see any harm in just watching them and only taking action if they drop, they are not tying up cash.

I've sold a number of funds in the last week and also have recently bought BRK-B, SMF.TO and PCLN. Given the stage 3 in the markets and the fact that I've had no 'balls fire' recently and some losses then I need to calm down and wait a little.

I think I have two things to brush up on:
1. Selling if volume does not confirm or breakout fails - perhaps I hold to readily.
2. Pacing myself.

I note the difference between Weinsten and Minervii, the former has volume rules whereas the latter recommend getting out if it simply does not look like it is doing what you want.