You’re right as usual, it’s essentially a gut feel, finger in the air “this feels good enough” type of thing.
Not sure what you mean by gambling? You mean shorting? Talking of gambling, SQQQ made nearly 30% in essentially 3 days. Sometimes I hate being a chickenshit…I wanted to sell back in Feb but I didn’t, and it’d have been almost selling the top (proof), but again I thought that having a plan and sticking to it it probably the best idea.