I always look for win/win scenarios. so i want setups or price areas that:
A) make me💵when they work (area rejects)
B) lead to even better setups when they fail (area is breached, leading to bigger squeeze, which allows me to either flip long or wait for a bigger short)
A) make me💵when they work (area rejects)
B) lead to even better setups when they fail (area is breached, leading to bigger squeeze, which allows me to either flip long or wait for a bigger short)
https://twitter.com/rafaeleospina/status/1406575162456162305
That's why I only care about A+ setups. They either work right away & pay BIG, or are guaranteed to create even bigger moves when they fail. In lowfloats that's day 1 gappers or #vwapBoulevard, b/c they either work right away or squeeze just to fade later (bloodbath 1-3pm setup)
in stuff like $AMC , i short OTM calls at price areas where call sellers DONT want the stock to close above (where dumb money is LOADED long). If im right, i bank. if im wrong, it creates a gamma squeeze, which creates a WEALTH of opportunities. win/win scenario
#BearTipOfTheDay
#BearTipOfTheDay
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