By misinterpreting relative time frames, i.e. mixing minor and major trends, initial success evaporates as a larger correction triggers momentum against the trader's position. Fortunately, even poor entries often provide several opportunities for a safe exit. But at those extended prices, odds shift so dramatically in the trader's favor that few poor entries exist. In other words, the time it takes for a trending stock to reach the bottom of a correction greatly affects its ability to generate a profitable bounce within the time frame of the individual trader. Time absorbs volatility Loss of volatility is the enemy of the active trader.
Flat markets steal profits as readily as losing positions.
Measure the impact of time on Dip Trip profitability by counting the number of bars within the last rally thrust. Compare that number to the bar count since the dip began.