Writing this post as a reminder to myself not to do these boneheaded things that usually leads to losses.
- DON’T long stocks that are below (and can’t get back above) premarket highs.
- DON’T short stocks that are above (and can’t get back below) premarket highs.
- DON’T be long-biased on a stock that is below (and can’t get back above) VWAP.
- DON’T be short-biased on a stock that is above (and can’t get back below) VWAP.
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Tired of getting late alerts and getting dumped on by your guru?Madaz recommends Trade-Ideas as the preferred stock scanner.
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Affiliate Disclosure: I know what you're thinking. Madaz, ya sneaky bastard, trying to sneak in some affiliate links. Any compensation I may receive from this will pay for big macs on days where the market isn't feeling so charitable. For a more complete version of this mumbo jumbo, please click here.