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James Muninn
@Muninn
I share deep dives on traders and strategies
加入 October 2022
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Not chasing the opening print is generally very good advice 83% of Qullamaggie's breakout buys from 9:30 to 9:34 got stopped out. But.. the biggest winner of all was bought at 9:32. Trading is hard af. Glad we have traders like @RealSimpleAriel laying out the law and giving earnest advice
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If you want to play a possible bounce tomorrow. - You wait for the morning profit taking - Let the market set an intraday low from the gap up - Play the reclaim of VWAP - Size properly - Set stop at LOD DEFINITELY do not chase the opening print. Even if that works tomorrow; it has NOT been working for a few weeks. and buying into supply below the 200sma is almost always fools gold. Just look at todays action.
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