Theory as to Why Traders “Forget” About the Leaders Seeing a lot of elite swing traders sitting in laggards when they’ve been tracking RS the entire time and already had a good pulse on the hottest themes and names that would likely lead out of the market pullback. I used to assume traders would give up on the leaders only to get chopped up in laggards because they believed the move was over once they missed their A+ buy point….now I believe it’s the opposite. Logically, they know continuation and secondary buy points are probable, but stalking it is painful. It requires mental toughness to stalk a leader running hard and fast from where they would have ideally purchased it. It becomes a daily reminder of the P&L they missed out on that they’d rather forget. Therefore, they remove the pain and the momentum leaders from their process (consciously or subconsciously) only to replace it with hope as they sit sideways and get chopped up on the laggards that haven’t left them behind yet Concentration > Diversification FOCUS first on tickers that have a reason to go up! If you’re going to take a loss anyways, take it on a 5 star ticker with a 3 star setup instead of the alternative If you already know the broken slot machines (hot themes/leaders), you stay at the table until the casino manager kicks you out $SNDK $MU $RKLB $ASTS $SATS $ONDS $KTOS $AVAV $RCAT $JOBY