Day trading the DEAD CAT BOUNCE pattern!
The dead cat bounce pattern can be used to find repeatable day trades if you know what to look for. Let's talk about what this pattern looks like and see it in action. ►Watch me trade live every weekday: https://twitch.tv/thestockguy TheStockGuy: ►Discord: https://discord.gg/thestockguy ►Twitter: https://twitter.com/TheStockGuyTV ►Reddit: https://reddit.com/r/TheStockGuy ►Instagram: https://instagram.com/therealstockguy Date streamed: April 18/19, 2022 Chapters: 0:00 - Why dead cat bounce (DCB)? 0:40 - What's the DCB pattern? 1:05 - 15 percent or more drop 1:32 - Why did the stock drop? 1:55 - Pattern 1: fast buy up, then sell off 2:06 - Pattern 2: slow buy up, then sell off 2:14 - The play: buy at open with trailing stop loss 2:45 - You want to get in and out before it sells off 3:14 - DIDI explanation 4:05 - Doesn't work every time, that's why you use stop loss 4:40 - How do you set your trailing stop loss? 5:32 - DIDI trade 6:50 - DIDI exit 7:28 - SAVA trade: short it on the way back down? Investing and trading are two different beasts. Please do your own research and due diligence before buying or selling stocks, options, forex or equities. These are opinions only, please make financial decisions on your own. Personal Finance is important! #stockmarket #livetrading #deadcatbounce
The dead cat bounce pattern can be used to find repeatable day trades if you know what to look for. Let's talk about what this pattern looks like and see it in action. ►Watch me trade live every weekday: https://twitch.tv/thestockguy TheStockGuy: ►Discord: https://discord.gg/thestockguy ►Twitter: https://twitter.com/TheStockGuyTV ►Reddit: https://reddit.com/r/TheStockGuy ►Instagram: https://instagram.com/therealstockguy Date streamed: April 18/19, 2022 Chapters: 0:00 - Why dead cat bounce (DCB)? 0:40 - What's the DCB pattern? 1:05 - 15 percent or more drop 1:32 - Why did the stock drop? 1:55 - Pattern 1: fast buy up, then sell off 2:06 - Pattern 2: slow buy up, then sell off 2:14 - The play: buy at open with trailing stop loss 2:45 - You want to get in and out before it sells off 3:14 - DIDI explanation 4:05 - Doesn't work every time, that's why you use stop loss 4:40 - How do you set your trailing stop loss? 5:32 - DIDI trade 6:50 - DIDI exit 7:28 - SAVA trade: short it on the way back down? Investing and trading are two different beasts. Please do your own research and due diligence before buying or selling stocks, options, forex or equities. These are opinions only, please make financial decisions on your own. Personal Finance is important! #stockmarket #livetrading #deadcatbounce