Saw your message in chat about swinging FGD bounces. I look for a runup of 300% or more from the previous day's close of the start of the move to the highest point it reaches (multiday is preffered but single day runup works too), there has to be the retracement red day(s), the last red day before the anticiapated bounce day that I swing into has to have a dollar vol of $7 mil or more, the retracement has to be 50% off the high of the runup, and it has to hit one of the lowest support levels cre

created by the runup*

I don't always like swinging these unless it perfectly meets the criteria, and the lower the support level, the better. Nothing worse than expecting it to bounce and it gaps down to an even lower support level and bounces from there. Can't be too anticipatory with these unless it looks near perfect.

@JoshyWoshyPookyWookyPoo sounds like a plan 😂 I’m still pretty noob-ish too but let me know if you want to bounce ideas off someone!

Most definitely. I'm just getting in the groove of putting watchlists together and taking trades. Which is a bitch cause im in california so im up way in the AM getting prepped. How frequently do you get in on the action? You watchin the plays every morning?

@JoshyWoshyPookyWookyPoo Yea I feel that pain, I’m on mountain time so not quite as bad as west coast but still early. I try to take Tim’s “retired” mindset seriously, been doing a couple trades per week. Some guys are in and out of 10 trades every day which is crazy to me. And yea my 9-5 makes it so I can only really trade the first hour of the trading day (for now)

If you're down I think we could probably keep eachother accountable.