There is a core point in this market cycle - you must trade in line with the trend; going against the trend often comes at a cost. Don't underestimate the strength of the market; it is really possible to see a doubling or even a k-fold increase in just a few days.

The profit potential for going long is usually much wider than for going short. There are a few iron rules to remember in trading: using a position-by-position approach is essential, do not stubbornly hold onto a position, and if you are wrong, decisively admit defeat and change your strategy. The next opportunity is often more rewarding than clinging to current losses.

Speaking of ambush points, where are the truly valuable targets? Pay attention to the trends of the two projects PIPPIN and ACT. The timing of the whales' accumulation often can inspire you — their buying points are usually your buying points.