I recently discussed a distinction between the stalking mentality and the trapping mentality. Stalkers often lack a plan and tend to make up tactics on the fly. This approach is all about relying on one’s gut reactions.
If your gut is ‘smart’, then no problem. But if your gut is fascinated by “bright shiny objects” (i.e. momentum), for example, then you risk chasing. This leads to buying too high or selling too low. Your position then becomes a target for professional traders.
Trappers, however, don’t chase anything. Instead, they figure out low-risk entries in advance and usually lighten up on positions into momentum runs.
Which would work best for you?