1. Rather than hiding size, you can send multiple small orders.
2. You shouldn't feel that bad if you miss a trade, you should feel worse if you pressure yourself to get into a trade.
3. If you can convince yourself or at least make pretty good points for both a bull and a bear case on a stock, then you probably shouldn't be trading it either way.
4. The more time frames the stock is breaking out on - the better.
5. When you see a market maker that is selling a lot - switch over to the bid; that could be a useful sign.
6. Trades below the best bid are a sign of panic.
7. Each additional piece of news is less meaningful (less effective at moving stocks).
8. Don't think about just how much money you will make on a trade. Think about war your risk is, how much money you could lose before you cut your losses and compare that to how much money you make if it goes your way. Be conservative.
9. Ignore everything from when the volume was very low.
10. Don't short stock that is already down from its highs.
11. On OTCs you can only hide your size through ARCA, not with market makers.
12. On OTCs if you wait to sell until a stock starts to show signs of weakness, you're gonna have a very hard time selling.
Thanks for your notes!
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