The green arrows are where I entered the trade. I'm looking for narrow 15 or 30 minute candles that are confirmed by a "flag" consolidation on the 5 minute chart.
This summer was the first time I've shorted a stock in 5 years of trading. I'll have to admit that I was a bit concerned by the SEC's finagling of market rules. We'll see if this "recovery" changes any attitudes.
Stocks to Watch 2022
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“Successful speculation implies taking risks when the odds are in your
favor.” – Victor Sperandeo This year’s list contains 20 growth names to
watch in 202...
4 comments:
What do you see at the green arrows that makes you want to short the stock?
It looks like you go short most of the time. I hope the SEC doesn't end your trading for a while.
The green arrows are where I entered the trade. I'm looking for narrow 15 or 30 minute candles that are confirmed by a "flag" consolidation on the 5 minute chart.
This summer was the first time I've shorted a stock in 5 years of trading. I'll have to admit that I was a bit concerned by the SEC's finagling of market rules. We'll see if this "recovery" changes any attitudes.
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