@InvestorsLive Monthly chart of the SPY. Not saying that it can't pull in some here and there but damn talk about the hardest game in town over all time history. This ain't it here, but how about dip longs over time instead to stay with the massive upside eternal skew?
@SteveDJacobs yeah, exactly what I do. Just baseline is different and end of the day method is the same. But just on that TV indicator I dont get the math. ATR extension should be simply actual ATR divided by distance to 50sma.
@SteveDJacobs@jfsrev@RealSimpleAriel I follow you. But check it the other simple way. Add an ATR to your chart is its 3.5. And from there its simple to divide by distance to SMA 50. The completed % involved calc starts massively skewing longer distances and ends up much more than the actual ATRs in distance from 50
@KrisVerma88 Get out of this small cap s*** hole and just start trading real companies. Swing, ride the moves on quality tickers. Always ends the same with small caps a couple nasty ones comes along everyone gets wrecked and erases months years or a career.
@jfsrev Hey Jeff, just curious the math it seems tradingview calculating ATR extension differently. I have MXL ATR at 1.97 as of the close. 50 SMA at 19.5. ATR extension from 50 SMA would be 7.48 at close.
@Jin67171 APVO and LGHL I'm assuming you consider basically nano float? In your experience like a 1mil float what's like max size you're willing to take on it in case you have to hammer out?
@modern_rock@MyInvestingClub Nice, how do you not get hit with ARCA take fees pre-market since on the tight spreads bid/offer often crosses and then even if order was providing liquidity gets hit with take. Happen to have any solution for that?