@CariKaya I am by no means as proficient with charting as patterns, but I agree with the fact that you need to trade like an institutional trader. Think about it, if insto buying is not occurring in a stock who will hold up the price? You are looking for positions where there is market demand and larger players in the market will drive this. This is one reason why it is really important to read study and learn the cycles of accumulation, markup and distribution. Seriously get obsessed and try to think like an insto. Tell yourself in each trade based on the data if I had $$$$$$$$$$ would I be risking it here?
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- Day Trader’s Aftermarket Lounge 17 Nov 2020
Day Trader’s Aftermarket Lounge 17 Nov 2020, page-101
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