XJO 0.49% 8,158.4 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-16781

  1. 2,412 Posts.
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    Wasn't trying to talk you out of any trades just pointing out some levels.

    If you're buying or accumulating then it's fine as long as your entry triggers and rules say so.

    As far as quick bucks go, that's my main strategy - I scalp but ES and NQ predominantly.

    If I was hitting stocks today I'd look for a sector that had a decent jump overnight and a company that had a relatively high short interest (that I've traded regularly and understand its moves and liquidity)

    Would then mark out my levels and if the pop off open was within range and had room to run more then I'd be looking for a very quick trade on the short burn.

    Can be risky if the gap is too big, liquidity is too thin or you haven't marked all your levels but as far as quick bucks go it's decent strategy.

    Probably best to try some small trades on this one first as it can be fast and furious.

    All the best mate.
 
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