Dead Top  OR

- Guessing the dead top on any short is an amazing feat. especially if you calculated your Risk vs reward, but what about as you are shorting these runners and they consolidate from where they are and start to grind near hod and and Breakouts to new highs and  you don' want to take the loss because it COULD COMEBACK. You could end up down big on your position  not to mention you used leverage and now you've erased multiple weeks or even a month, or more from your account by being to early and stubborn in not cutting the loss. This can happen if you don't want to take that loss. Especially when your under the PDT rule and don't want to wait another week for a day trade. yourself the stock is not ready for a big correction yet and you cover for small gains for losses. TAKE THE LOSS  if you don't take the loss it is a great way to lose months of gains and hardwork. 

Guessing Dead TOP

- Put yourself in unnecessary stress as stock grinds up especially under PDT

-Small losses that shouldn't have to be apart of your profit IF you end up eventually getting the top of the chart.

*It can have some small losses begin to add up and confidence can slip by seeing so many losses.

 

DEAD RIGHT

-Waiting for support to crack makes it much easier as the trend is on your side & so are the majority of trades as they sell to cut losses.

-  has shown 99% chance of the stock actually being ready for a correction.(stats my differ from trader)s

- Better Greater chance of a Humongous reward and puny risk compared to that potential reward.

- less to no stress as everything is calculated and the backside is in so all the over head selling pressure will be helping you as it will help push stock lower. 

* Allows you take take easier wins.  Uncontested wins are the best gains as they build confidence and equally important your bank account which will allow you to live how you want to as a free person . DEBT FREE Credit clean Vacations everywhere , even meet your wife in a different country. There is so much to do with the freedom that the gains of shorting these overextended charts at the right level.  They add up quickly as the confidence comes you short better scale bigger into EASIER WINS if you understand the patterns. 

*Taking away these small losers that eat at your profits are going to allow you to trade with conviction as  you see the charts being so heavily in your favor. 

 

 

of course you still have to make the trade, but for someone like myself who has prepared by studying and preparing watchlist, studying charts, and creating charts, it is like taking candy from a baby as I see the charts I'm familiar with and love. Can't wait to keep BEING SUCCESSFUL as I am for a limited time now still under pdt for only a few weeks as I KNOW Within 2 weeks  and three days I will be over PDT as I will not switch up the strategy that has not failed as even if i'm wrong I can get out with small risk and WITH A HUMONGOUS REWARD POTIENTIAL .