Once again, the emphasis was on finding actual trades in real time come hell or high water. In practice, this often implies trading with the trend in some pricey stocks where just a little slippage can play havoc with the edge we seek. Entries will usually be via buy-stops that make fills unpredictable and riskier than we should prefer. Regardles, the reasons we found to trade are applicable to all stocks in all time frames, and therein lies the value of this lesson.
