223: Best of Day Trading, Pt. 1
Chat With Traders
00:00
How to Short a Parabolic Moving Average?
The velocity which the the tapes printing is important. And a how they're theire being absorbed by the level two is also important. So if all of a sudden the stock has gone parabolic and its extremely extended, let's say one eight ty ar away from v two, 80 ards away from v very extended from short term movint averages. That tells us that the smart money, the large players, are selling there. But you got to be able to act quick in respond to that.
Transcript
Play full episode
