8-12 March 2021 Trading week Strategy
It is important to know best trade set up is when daily, weekly, Monthly outlook aligned in the same DIRECTION.
I believe since 3 weeks ago we do not have such a set up! So we have to continue practicing sitting out and watching the market!
New trading set up
1- if there is a good buy opportunity we will get involved but we close the position in 48-72 hours (1-3 days plays jump in and out fast, remember 2wks ago)
2- All stop losses will be 2 cent below the lowest price on March 5th, 2021.(no matter what chart or ticker we trade..!
3- for those who are in big loss there may be good opportunities in the come week to exit in higher prices!
4- stay tuned for charts
5- option traders wait for bounce back and then short (buy puts, naked)
6- we don’t buy these deep..!( actually never allowed in my system)