yesterday there was a reversal on a bullish stock I was holding (SRPT), it started to go down, with quite a few long lower wicks when the stock was at its peak. Quite the opposite of the video (in the video it says it should be long upper wicks before the stock goes down in an uptrend) - now I'm confused; was this stock an exception to the general rule?
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This content is absolutely amazing! The explanations are perfectly paced for beginners, making it incredibly easy for new traders to grasp the concepts. Thank you for making learning so enjoyable.
Quick question about the PDT Rule: say I have a portfolio with Fidelity with my Roth, and 2 brokerage accounts. None of them individually have over 25k but all together the portfolio is greater than 25k. Can I now place more than 3 trades per 5 days or do I need one of the individual brokerage accounts to total over 25k? Hope all of that made sense
I have been searching for so long for a video to see if any one else was doing this strategy I have been trading over two years.I discovered this two bar pattern on my own.I only trade long unused the top gainers of the day list stocks over 70% and if the following candle is an inside bar I like to trade the break out of that bar exactly as you have show....But as easy as it sounds I keep making the same mistakes over and over and over I'll draw my extended line to inti ilate the break and instead of waiting to break my trigger entry I'll enter at the bottom being impatient and it never comes up and I'm loss and don't stop Or I will see there is no set ups in the market and I'll force trades instead of saying no for the day Please brain storm with me more I absolutely can testify this works as 85% of the time when I'm following my rules this works. But as mention you have to be like Drew Brees when the ball is holes you can wait for the long pass or if prce doesn't keep going take your dump off pass.i usually trade the 15 & 5 minute candles the 15 minutes bring in bigger promising set ups As you mention you have to be ready to take profits if it wicks up and comes down keeping a stop of no more than 10 cents is key . I found that if price comes back down below my entry after 10 to 15 seconds it's a good idea to sell When this works it works rite away..The good thing is you really can find top gainers gaping up in pre market and getting a $1 to $2 move out of these set ups .even if you have small losing days or break even days you will have 2 to 3 days a month of a rally over $1-$2
Can someone tell me where to find the "unusual volume' filter in the current ThinkorSwim verision? If anyone has a shareable link for penny stock with unusual volume for your filter can share with me? Thanks
Genuine question. While I have a stop loss placed, is it possible to sell your profits while your stop loss is there? For example I buy 100 shares for xyz stock - bought in at .50, set stop loss at .45. The stock rises to .60. Can I sell the .10 profit even though I have a stop loss placed at .45? or do I need to remove the stop loss first before selling? Thanks!
Wonderful; just exactly what I was looking for. One change I made: I wanted the indicators to show up on the volume graph (which I have showing below the chart), so I edited the <declare lower;> line to: <declare on_volume;>. Works perfectly. You are my hero today <3
Worth 30 seconds…Hey just want to say they shorted 30 million of the 53 million float on $BNED in the past 2 days and it’s still at .30. If it rallies they are dooped the gamma squeeze will be insane! Over 85% of free float is shorted. Nobody is covering it bcs most free sites don’t update short data daily only once a week or twice a month. The average short isn’t even in the money now. It’s at .29 and massive shorts added when it started at .20-.25 then .50. If it breaks back up to .50 gamma pressure will kick in and this will go viral because Barnes and Noble literally FOUNDED GameStop!! Hope you’re the first to cover it and I hope your channel takes off big time!
Best explanation I have cross regarding beginners short selling, I understand it alot better and have realized I was going about it a little wrong, Luckly I carry risk managment and decided to look into it further so thank you. This vid has helped my trade.
when I short parabolic high fliers, I always wait until after 2 pm EST to make sure they are steadily dropping(at this time of day, no chance of halting, news already out in the pre-market and the morning) before taking short position.
Nice if that works for you👍 Despite this loss, I have the best results by scaling into the parabolic move personally. $BENF was an outlier move so it got ugly but I’ve made much more than I’ve lost doing this.
are there any spots left bc im 14 and i have a stocks account but i just wanna learn more and get good at it so lmk if there are any spots left bc im really interested in trading
Does the inner bar have to be green and from a place towards the top of the bar in front of it up in the case of going long, and the inner bar should be red towards the lower part of the previous bar in case we want to go short? Or does it matter whether it is green or red bars, and it does not matter in which direction the inner bar is located?
Sadly huge Asset Management corporations like Black Rock and Vanguard do these pump and dumps everyday probably hundreds if not thousands of them. And they're doing exactly like what he's saying in the video they drive the price up and then once it gets to a certain level they sell off and then they shorted on the way down and because they have so much buying power they are able to do this without any help from anybody else and they also have computers with AI technology that are able to do this without having to sit there and watch what's going on and they are able to buy and sell shares on the way up and down so fast that it doesn't even register on The graft especially the one minute graph where the price of something can be $10 at the height and they're able to sell everything at once to drive the price down to say a $1.50 and they shorted on the way down then they buy shares back to drive the price back up to $10 and they can do this hundreds of times in a Split Second. They're able to get away with this because they own the fuckers in the FCC
I tried for a specific indicator under specific conditions and ChatGPT said "you'll first need to ensure you have the correct mathematical representation for both lines of the indicator." Where the heck do I find that?? TIA
