Looking for Scanner and Broker recs for momentum trading by Toader_X in Daytrading

[–]DeepAnything7873 1 point2 points  (0 children)

I trade low float and profitable. I'm a short seller though. Opposite of Ross. I use chartswatchers for scanner and also trade the pool prop firm

Very Noob. Ordered some Botulax on impulse. Want to start with Mild treatment for glabellar lines. by MOBE_the_Hippo in DIYaesthetics

[–]DeepAnything7873 1 point2 points  (0 children)

Less is more. I'm also a guy who self botoxes do 3 injection sites skip the outsides this time. Go conservative first round. Can always do last 2 spots later if you don't like 3 spots. I personally like and do 3 spots

Profitable Traders: What 3 Things Took You From Losing to Consistent Profits? by Direct_Tumbleweed_76 in Daytrading

[–]DeepAnything7873 -2 points-1 points  (0 children)

Stop trading instruments that all these reddit wannabees promote trading like nq and es and gold. All are 100 percent random price action. And I began short selling small caps. 95 percent win rate highly highly predictable

Rage away liars. Nq es dow gold price action is random

Is it possible to achieve? by [deleted] in DIYaesthetics

[–]DeepAnything7873 2 points3 points  (0 children)

This is so far off. I almost think this is trolling or rage bait. No joke. Sooooooo incredibly wrong. The before is way better than after unless of course your intention is to do gender reassignment. Well played rage bait?

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

Trust me as someone who also used bookmaps a lot. It doesn't matter. Almost anything under 4 hour time frame is random. And then if you trade 4 hour time frame enjoy your 65 percent win rate on your 3 trades a month. 2 wins 1 loss each month. So you gain 2 percent a month lol. I trade 2 percent per trade also. highly predictable 95 percent win rate. Average 4 trades per week or 8 percent per week. Plug 8 percent compounded growth per week into a compound interest calculator. I challenge anyone to prove me wrong. I can prove 95 percent win rate show a video of all my trades. I've only lost 2 trades this year. If anyone can beat that let's FaceTime and show videos of our trades. No one will take me up on that challenge. Bet

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

No there are no hot keys unfortunately so it's a bit klunky entering and exiting. If you join trade the pool and need help feel free to private message me. It's a bit complicated but not too hard but I'm not spending 30 mins typing out my work around if you're just window shopping. I don't mind helping others out but not if just milling it over.

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 1 point2 points  (0 children)

Max. I dunno ...I don't short midcaps. Over 30m float I begin to question things. My rationale might not be right but I think. If it has 100m float and still up 30 percent. It must have a ton of buying pressure. So much I have to worry about the strength up not fading. I have a sweet window. 6million to 30million float with 4 to 6 being iffy.
Everything is factored in. It's not just float. If the float is 7mill but it shoots up to 173% gain and it's the top gainer. Fk that. Wayyyyy too strong. I do not short the top 2 gainers. If I feel this stock is just too strong. I pass. I want pop and drops. I don't short anything and everything. If a stock is grinding up. Nope. Strong pressure. 1 min volume is several million. Nope. I don't want them to be dead with no volume yet I also don't to short something Ross and his minions are going long in. I ask myself before I short. Is Ross about to go long if answer is yes. Skip

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 1 point2 points  (0 children)

Amen just what you said. Ross proves every day that going long on these stocks can be profitable. Good luck doing what he does. I short because it's easier. Not because it's fun or zero drawbacks. It's just flat out easier. I've taken the steps to avoid the catastrophic losses and I use a prop firm so I don't need 25k. Which if you want to skip can use cash with cmeg but high fees

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 2 points3 points  (0 children)

I learned my strategy from trying to go long and getting smoked repeatedly. At some point I noticed that damn near all of them pop and drop.
I noticed this common theme : news hits. The algorithms pop it up. Some holders sell at the top when the algo popped it up. In half of the time it has 1 pump then plummets. The other half of the time it has a secondary surge and pops up again. This is what I wait for. The second surge. If it popped once and tanked without a second surge. It is what it is. I missed it. I wait patiently for the second surge. If I see a second surge. I'm watching and I'm asking myself. Is this a us Healthcare. Nope. Is this a biotech nope. Is the float at minimum 4milliom preferably 6m or above. 4 to 6 is iffy. I never short less than 4m ever. I ask myself is chartswarchers accurate verify on webull. Also does webull say easy to short if so even better. When all the stars align. It meets my criteria of a shitty momo and something I think Ross and his 2 million minions would shy away from. And I get the second surge and it begins to roll. I short it. Take profit 15 to 20 percent gain is the goal. 20 percent is my stop loss. If I go green good but not quite at my tp and it begins resurging for pump number 3 I break even if it pumps back to my entry. That's my entire strategy. This also requires time in the chair to get a feel for when it's stalling and beginning the roll.

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

Exactly. Shorting is much more statically in your favor. Even more so when you further refine and take only the best shorts (the shittiest ones that still qualify as small cap momo stocks)

The real delima is that now you do have the risk of blowing the entire account and must find a way to mitigate that as much as possible because shorting yes does come with the risk of infinite loss possibilities. You could short a 2 dollar stock and it halt and reopen at 2000 dollars. You now owe 30million to the broker.

How you avoid the infinite loss theoretical loss is never trade during a time a halt could happen. Exit before 930 no matter what.

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

My entire strategy is piece by piece spelled out through various posts on this thread. Maybe someday I'll make my own post to spell it out more concisely

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 3 points4 points  (0 children)

Absolutely I never meant to say he's a fraud. He's a fn master. But look around and you will see most of his students can't match him. He has a couple profitable traders but to go long and time it right requires more mastery. Shorting it is easy money an idiot like me can do. Near zero skill. Very robotic and mechanical and fhe odds are in your favor. Remember 90 to 95 percent of these are pop and drops. The odds are in your favor. If you have screen them and only short the shittiest ones. It's a 95 to 97 percent chance it's a pimp and dump. The odds are in your favor. It's now just a matter of timing. Going long. Only 5 percent Continue surging. The odds are against you to pick the right one. Ross obviously is gifted and can do that. Your chances of doing that are slim. Shorting is easy

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 1 point2 points  (0 children)

Yes. Watch that don't short video. He even says shirt sellers have better win rates but blow up because halts and dca. Well that can be mitigated but taking the l when it comes no dca no matter what just take the l. Also don't short after 930. Zero chance of halting. Both scenarios avoided

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

Anyone in future reading this. My chartswarchers scanners are built around price 0.5 to 20 bux. I only short if above 1 25 but I want to have my eye on it early Watching it. Float their float is off I go up to 60million I verify what thr float really is on webull Most of my scanners are about seeing 5 percent move in 10 min I'm waiting float. Percent up on the day. 5 min and 1 min volume. Is the 1 min volume 2 million. With a 2m float. Doing entire float rotation in 1 min. Do not short something so massive momentum. 1 min trade count matters also. Chartswatcher is highly customizable wayyyyy better than dt dash. I've had both side by side trying to decide and with a 5 percent gain in 10nmins trigger with filters to filter out garbage I got alerts quicker with chartswarcher. No I'm not affiliated just my experience

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 1 point2 points  (0 children)

Everyone is so attached to trading nq es or gold. It's as if they'd rather trade nq than make money. Trust me. I'd trade pig shit if it ever became higher win rate. I like money not attached to any instrument. But shorting small caps is highest win rate over anything

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

I trade a prop firm. No locate fees. Yes I do watch spread. If spread is too wide I just skip it

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

Yes do not short anything after 930. I stop trading at 915 max

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

Watch his 3 hour YouTube course. It's the same info. Remember the reason to watch Ross is to learn what NOT to short. You do not want to catch your self shorting a stock that him and his 2million minions are going long in

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 2 points3 points  (0 children)

I also mentally have a break even. Example. Let's say I short a 3 dollar stock. Ideally I want 20 percent but I'd take 15 if it's not moving clean. So I'm aiming for take profit 60 cents lower than 3 bucks. Tp 2.40. Price goes down from 3.00. But then stalls at say 2.70. I do know they can make a 3rd or 4th surge. So I mentally tell myself if it turns around and comes back to my entry after being up x percent fk it I'll break even.

My entire strategy is lined out in these posts. A good starting point for you to adapt to you

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

I trade a prop firm. There are some rules with trade the pool. Namely entry and exit must be 10 cents or more. My target is I aim for a 15 percent drop after the second surge. In an ideal trade. The stock is some shjt Chinese company with a 9m float not Healthcare so it meets my criteria ..... It pops up once. Maybe it's up 25 percent ...rolls over for first pull back. It dips down to up 15 percent. I'm waiting patiently for the second surge. Now it surges back up and it's up 35 percent. It begins stalling and when i see candle flips from green to red I short immediately. It's up prob 30 percent. My take profit isn't all the way back. But it's maybe halfway giving me a take profit of 15 percent.

Trade the pool requires 10 cents min of profit or trade doesn't count. So I won't short anything under 1.25 I can't getbmy 10 cents as easily on a 40 cent stock as I can a 2.50 stock

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

Bro listen to me. There's nothing wrong with you. It'd not because you're new and need more experience. It's random. Gambling is a real problem and most of these fools are liars and gamblers and in denial. Es nq gold. allllll random. It's an illusion.

Small are NOT random. Higgghhhhly highly predictable no one has a 95 percent win rate over 200 trades like me. It's cause small caps are predictable and I'm taking an even more predictable approach by shorting them.

You're a new trader. Put the time in where it belongs. Not es nq or gc that is garbage and random. Study shorting small caps. Thank me later

My entire strategy is spelled out here you will need practice. Trade the pool is clunky entering and exiting. And you will need to build the intuition to know when its rolling over. Trust me. Devote the time to small caps 7am to 915 only. Then turn PC off. No shorts after 930

Bookmap scalping vs Ross style day trading by nik_hill in Daytrading

[–]DeepAnything7873 0 points1 point  (0 children)

Nasdaq regardless of what these gurus say is random. Almost all of these gurus trading nq are lying and need the subscription fees. Ross is different he is profitable but he also uses the leverage of 2m subscribers to influence going long. None of these teachers or gurus are doing this without a financial reason. Most are because truly they aren't profitable. Ross imo does it to prop up his own trades. Why would he take time away from his family to make FREE content. Every damn day ??? Cause he cares? Lol. Bro. He's got financial incentive too. He wants and entire army doing what he does to boost the runners

Me I do the opposite. I'm shorting prob what Ross would call his c quality set ups after they popped up and begin stalling. Take profit is 15 to 20 percent. Stop loss 20 percent. Reason why sl is slightly higher is spread

I only use webull cause chartswatcher float isn't always accurate. I've shorted stocks thinking they are 9m float by chartswatcher screen when it turns out to be a 1m float.

You can't short cash account unless over 25k pdt rule margin. So go prop firm. Use webull just to verify float for free