- Never underestimate the power of human stupidity. The same stupidity that makes the people buy a stock and send it 200% the first day, will make them buy the same stock the next day and send it 200% more.
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Understand a situation that other people don't understand.
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When several chatrooms are pumping a stock, it'n not a good reason to buy. You can short it. When those chatrooms sell, it will be a good reason for downtrend.
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Do nothing when you have conflicting indicators.
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Reaction to news is all that matters, not the news itself.
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Short are scared of positive rumors, they don't know how the stock is gonna end.
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Don't short real companies over the long weekend.
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Learn to recognize gimmie setups.
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Have no expectations.
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During holidays there's less volume and less professionals working, so that increases volatility and opportunities. Especially on Thanksgiving, New Year and Christmas, you see a lot of penny stocks that are great for trading.
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Do not try to short stocks with analyst upgrades.
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If you are holding a stock short overnight, there's always a risk of news.
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