Received 20 Karmas
Sarnaud1205
Sarnaud1205 Jul 06, 23 1:06 PM

Focus on multi day runners for first red day risking HOD, Dux will short second red day after a multi day runs. Focus on 1 to 2 setups and don’t skip on material, no shortcuts to success. Long idea: low float multi week/month breakouts. Focus on improving and not the money. Stick to a time of day to trade and trade during your time of day. Thanks for the education Dux!!!

Sarnaud1205
Sarnaud1205 Aug 29, 23 10:06 PM

Short larger market caps with higher floats are much better for shorting into morning spikes (though shorting morning spikes shouldn't be first short strategy for a newer trader) as larger share structure companies come down much faster and harder. Think risk management first and short lower high using HOD as risk.

Sarnaud1205
Sarnaud1205 Aug 29, 23 10:10 PM

Shorts into parabolic moves are risky and should be quick trades, if stock is consolidating at or near highs for most of the day exit your short as move has become unpredictable and more favorable for long b/o always want to be the first short to cover to get best price. Don't short low floats, they're not worth it. Never add to a loser, and violate your risk. consistency can only come if you last long enough to reach consistency.

Sarnaud1205
Sarnaud1205 Aug 29, 23 10:10 PM

Respect and accept your loss and cut the trade when your risk is hit. Thanks for your time and education Dux!!!

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