In HTMM Tim mentions that he looks for early morning breakouts and buys these breakouts, but later on in the series where he breaks down his entire day he mentions that he doesn't trade at all during the morning sessions unless it is to close open positions from the day before. These seem contradictory to me, can someone explain please?
I rarely buy new positions in the morning because the spikes are too quick to alert, but that doesn't mean you can't trade them
Also as a heads up, by buying trades the day before selling, it allows you to not reach your "Day Trade Threshold" for those of you with balances less than $25000.
@timothysykes thanks for the clarification. Finally getting fully on board here and looking forward to the ride. I will be one of your Millionaire students shortly!
@rezamohamed Here are some morning breakout charts to study http://2alive4925.svbtle.com/day-2-morning-breakout
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