My bread and butter set-up. Text book play from @SmallCapRoom 10am trend break short with a tight stop. Ride this puppy down to 1min JL’s. Bring your risk down ITM. Let the tp’s come to you.
#smallcaproom
you will see this from time and time, over and over.
I rather take the easy layup than take multiple cuts.
Trend break/Jlines crack retest short with a small risk. My bread and butter. What a you will learn in the
@SmallCapRoom with @jtraderco mentor and friend
@jtraderco -1. Sorry had to modify your list @jtraderco / mentor
Get into the best education room with real traders and the best trading strategy and learn how to be an amazing responsible trader.
@SmallCapRoom
@jtraderco@EdgeToTrade thats going to be next level. I learnt with J, how to back test and set a % on G&C, G&E, and how many times we hit TP1 Jl's, the 200 and 1000.. It was all worth the time and effort BTW. Gives a sense of knowledge and value in trading. Made me a better trader.
$WISA $BENF Same MM, on this ticker. You need rules to stay safe. Dont think this will go zero, there are levels to respect. Can you spot the final tp, can you spot the time of day and where the price bounced? Was tough by best @jtraderco in the @SmallCapRoom
You need a system.
Premarket Scanner
$MDVL 13M float, no history of gaps, no high POC
$SBFM microfloat, day 4, levels to watch $11-12.50
$MNTS day 2, no history of gaps, no high POC, levels to watch $4.10-4.50-5
$BFRI 10M float, some pipe W and IPO W left, levels to watch 5.83-6.60
#smallcaps
@PunksDogsNFT@jtraderco hello TPD, this works perfect only on gapping stocks. Preferable over PM price. W could also see this after 1pm on a grinding stock