My Blog
How to read tape from a live example $NVLN: Part 1
Open NVLN, stacked in bid 1.60, just below that neckline, rejecting now... Was watching 1.60 with to short with adds on the fail of that level 1.60 comes off, now we have sellers on tape, heavy tape, add this point I say it’s only an add for me, tape red Push again...
When not to short: Rules
When... IO > 40% 1st day without any dilution (s-3, atm), warrants) Price at open is at 200ema 1mins chart(that is not a gap down) , wait for a push There is midday reclaim of vwap with high volume (500k + on 5mins chart) Stock is above its 50% range after 10.30...
Why prop firms: Trader Equity
Trader Equity is the Prop Firm I’m lately using for buying/ shorting stocks (small and big caps). Let ‘ s review the main pro and cons of this Prop Firm. Pros: First of all, I would say the Ultra Low Commissions. One of the biggest barriers for traders is the...