Short idea for listed stocks: higher odds shorting on backside of chart confirming daily frame trend change, #6, looking for intraday pops to short into strength using, HOD, or R/G, or previous day high as risk (in that order, depending on what you're most comfortable with). Keep in mind a company does not have to exercise/offer and listed price they can always do so at higher prices, so don't marry fundamentals and technicals always first.
It is a good idea to risk using pre market highs on a OEGU that has faded from premarket highs, IF, price has faded throughout pre market with good liquidity. Psychology: disconnect trading funds from real world value, don't ever say to yourself " Oh man I am risking 2 months worth of rent" - stay focused on your trading and above all your process and risk management. Thanks for your time and education Grittani!!!
Short idea for listed stocks: higher odds shorting on backside of chart confirming daily frame trend change, #6, looking for intraday pops to short into strength using, HOD, or R/G, or previous day high as risk (in that order, depending on what you're most comfortable with). Keep in mind a company does not have to exercise/offer and listed price they can always do so at higher prices, so don't marry fundamentals and technicals always first.
It is a good idea to risk using pre market highs on a OEGU that has faded from premarket highs, IF, price has faded throughout pre market with good liquidity. Psychology: disconnect trading funds from real world value, don't ever say to yourself " Oh man I am risking 2 months worth of rent" - stay focused on your trading and above all your process and risk management. Thanks for your time and education Grittani!!!
Thanks T G for the great lesson on this webinar.
Number 57 of past Grittani webbys done, thanks Tim.
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