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CrowofShortClan
1
CrowofShortClan Jul 12, 20 8:22 PM

Legs are formed when a stock has a push in price. Typically only used on stocks that are running. For example, If a stock makes a leg up then experiences x number of days of pullback then looks like it is setting up to go higher then it looks like its setting up to form another leg.

golfr7k
golfr7k Jul 13, 20 4:39 PM

@CrowofShortClan Thank you, and sorry if I'm being slow, but what do you mean by a "push in price"?

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Financestudent
Financestudent Jun 21, 20 9:57 AM

Yes i Will not short. I know that IF you short you can lose money then you put in.

Financestudent
Financestudent Jun 21, 20 9:58 AM

@CrowofShortClan but what doed it take to be spproved for margin account? I am from sweden and herr you have to have good Credit score to be able to short stocks.

Financestudent
Financestudent Jun 21, 20 9:59 AM

Sorry my Phone acts very strange whrn i type.

CrowofShortClan
CrowofShortClan Jun 21, 20 10:02 AM

I'm from the states all of the brokerages that I know of don't care about your credit score. I don't have a credit score, and I can short. The brokerage policies may differ in Sweden. I would recommend contacting the brokerage you wish to short with and see what there policy is.

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Raylbc27
1
Raylbc27 Apr 19, 20 6:09 AM

Inverse Head and Shoulders is what i learnt first.

CrowofShortClan
1
CrowofShortClan Apr 19, 20 6:22 AM

First red day is an extremely beautiful I have a whole watch list of over-extended stocks I've shorted. First green day breakout is another nice one these are the two patterns I play. I like to swing both ends to maximize profits and conserve day trades, but the beauty of it is you don't have to stick around that long if you choose not to. $CEMI, CHWY, KALA are recent examples of first green day. I don't have any recent example I could show you for first red day.

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Mark9565
Mark9565 Apr 10, 20 12:09 PM

If price keeps running up you capture those gains. This worked very well for me with $DECN trade was able to get 64% on it. I sold it right after it peaked not support level.Tried again wil $BIOL

Mark9565
Mark9565 Apr 10, 20 12:11 PM

For $BIOL got 10% then it dropped to previous support. I executed sell order and got 8.5% gain. Subsequntly price ran up another $0.20

Mark9565
Mark9565 Apr 10, 20 12:12 PM

You have to think in terms of consistent profits growing the account.

buythebuy
buythebuy Apr 11, 20 8:01 AM

I use TD and the Think or Swim platform. I am not a fan of their scanner though because it is not real time in pre-market. That is the time of day when I find most of my trades and look for biggest gainers. If I can catch then at the top premarket, sometimes I go short. Otherwise, I try to catch a sell off after open on stocks with low floats and news. Currently, I am loving stockstotrade.com software. It was quite a blessing to me last month when I started to use it.

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isemann1300
isemann1300 Apr 08, 20 9:32 PM

i think you csn expect it to fall tomorrow. The stock market has made gains for 3 days in a row. First time in months, so we should see a loss tomorrow in certain sectors. I would wait a day or 2 to buy

CrowofShortClan
CrowofShortClan Apr 08, 20 10:50 PM

Just off a quick chart analysis if it can't hold in the $32s then next is $31 if it can't bounce there $30 is the next support. Finished weak today, but still did hold $32. I would have to see the next candle on the daily to give a confident prediction for where its headed.

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Tunde1306
Tunde1306 Feb 15, 20 10:43 AM

It seems ok after looking it up just now. I would be careful picking it up here because it hit a 1 year high Friday and checking the 5 year chart it's around that key resistance in 15-17 area. I wouldn't call it a pump and dump but you don't want to be investing here, maybe look for a day trade to scalp it.

slim6
slim6 Feb 15, 20 12:35 PM

thanks for the responds. ill wait later and try to short sell it. ill scalp it until it drops I'm afraid to go long on this one.

CrowofShortClan
CrowofShortClan Feb 16, 20 5:51 PM

Wouldn't consider it a pump. I would recommend to avoid stocks that don't communicate a clear opportunity to monopolize off of.

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flight
flight May 02, 18 3:48 PM

how will you know when up side is confirm ? right now on level 2 it showing pretty close to ema line

kobayashimaru
kobayashimaru May 03, 18 1:51 AM

@flight I currently use vwap and a 19 ema on a 5 min chart. I look for the ema to cross vwap. Price was weak all day and rode my 1.08 rail. The ema crossed A.H.

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JeepTrader
JeepTrader Apr 15, 18 7:11 PM

Thanks @AuthenticCrow It's going to be a fun one!

kobayashimaru
1
kobayashimaru Apr 16, 18 12:42 AM

The Journey Of Trading Is Like A Thousand Knives, The Trick Is To Heal After Each Cut And To Continue The Pursuit Of Your Prey

kobayashimaru
1
kobayashimaru Apr 16, 18 12:46 AM

The Student Learns From His Master And Then One Day The Student Becomes The Master And Joins The Others Whom Have Ascended To The Next Level Of Trading

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CrowofShortClan
CrowofShortClan Mar 30, 18 4:34 PM

For me, I look for stocks under $5 and have it set for stocks up at least 5% on the day and look for stocks that keep re-occuring

GreTa
GreTa Mar 30, 18 4:58 PM

@AuthenticCrow thx

scottniu
scottniu Mar 30, 18 10:08 PM

Stocks that are up a large amount over the course of many days can indicate a pump but you need to do your own research.

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