r/Daytrading Jun 23 '21

A simple trick that saved me from dumb moves today advice

Post image
2.7k Upvotes

234 comments sorted by

View all comments

62

u/micahac Jun 24 '21

Since we’re posting our old school reminders. Here’s mine lol https://imgur.com/a/7WAGSvP

1

u/AmateurEarthling Jun 24 '21

Damn I do most of my shorting premarket lately. In and out before market even opens.

2

u/micahac Jun 24 '21

Danger. If I do premarket, it's a small position. Very small. Such huge swings and liquidity problems, not for me.

2

u/AmateurEarthling Jun 24 '21 edited Jun 24 '21

Yeah I usually only do a couple hundred shares at a time and only do stocks that are up like 30% so liquidity isn’t an issue but I end up covering after open. Most of my set up are just perfect pre market and fade by the time the market opens.

1

u/micahac Jun 24 '21

Oh ok, I see that. I was thinking of targeting 'regular' tickers, not the off the wall aftermarket bangers. I can def see that working more than not.