1. You don't want to invest into a company that has no cash.
2. Look for opportunity other don't see.
3. Successful traders are always working on themselves and improving their processes, like generation ideas, managing positions, risk/reward and managing themselves.
4. Trading should not be the only part of your life, because then you have nothing to balance yourself during inevitable draw downs.
5. You don't want to go aggressive shorting on the first green day.
6. It's dangerous to try to guess the bottom when you have a chart that has broken trend.
7. Be careful shorting low floats that accumulate a lot of shorts. They may spike huge.
8. Low floats can run a lot even in bear markets.
9. When a stock fails to go green, especially after being down quite a bit after squeeze , it's usually a top and a good time to short.
10. Midday spikes after panics are usually a good short opportunity.
11. With low floaters you don't try to pick double-tops unless you're on the wave 3, 4 or 5.
12. Don't short sideways action. Wait for signs of cracking.
If I could remember and apply all these tips from the pros, I would be a 80% winning trader.
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