i like figuring out the difference between SYK and SNDK. SYK you short big volume and SNDK you buy big volume. The difference, from what I can tell is, SYK was running up vertically into the big volume bar where as SNDK had pulled back on light volume and then went for its run. Do you have to consciously think about all these factors, or you just see it, recognize the pattern, and go for it?
J- from the outside it does look confusing but in the moment it was clear what the smart play was.how a stock moves, the "power" it shows as it moves to new highs, where it came from and many more factors tell me what the probability is. now whether it does what probability suggests is totally unknown. i've said it before- I don't know what a stock will do. how can I? I don't have control of anything the market does. so that leaves me to only play the probabilities and let my experience guide me to doing what is most likely to happen. after a while a trader who puts the time in, lets the market come to them and is poised to grab the opportunities as they appear and rigidly follow their proven system will be wildly successful. I learned how, you can too.
Timed SYK short pretty good.
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i like figuring out the difference between SYK and SNDK. SYK you short big volume and SNDK you buy big volume. The difference, from what I can tell is, SYK was running up vertically into the big volume bar where as SNDK had pulled back on light volume and then went for its run. Do you have to consciously think about all these factors, or you just see it, recognize the pattern, and go for it?
J- from the outside it does look confusing but in the moment it was clear what the smart play was.how a stock moves, the "power" it shows as it moves to new highs, where it came from and many more factors tell me what the probability is. now whether it does what probability suggests is totally unknown. i've said it before- I don't know what a stock will do. how can I? I don't have control of anything the market does. so that leaves me to only play the probabilities and let my experience guide me to doing what is most likely to happen.
after a while a trader who puts the time in, lets the market come to them and is poised to grab the opportunities as they appear and rigidly follow their proven system will be wildly successful.
I learned how, you can too.
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