"It works like this. Pro pumpers start the move. Amateur shorts get squeezed. Amateur pumpers chase it higher. Pro shorts profit." - LX21

 

I'm taking a step back and using a longer timeframe to figure out the stage in which a stock is in. 

I only want to put size on when I can identify the best setups, and I want to trade setups that allow me to catch the meat of a potential move. Everything in between can probably be avoided.