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.
Tired of never having shares to short? Does your broker just plain suck?Madaz recommends Centerpoint Securities as the preferred broker.
Tired of getting late alerts and getting dumped on by your guru?Madaz recommends Trade-Ideas as the preferred stock scanner.
Are you often missing big moves because it takes you forever to find out the catalyst?Madaz recommends Benzinga Pro as the preferred Live News Feed service.
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.