Forwarded from Global Smart VIP 📊
Forwarded from Global Smart VIP 📊
Why Your Stop Gets Hunted
Your stop doesn't get hunted because market is against YOU.
It gets hit because you put it where 100,000 other traders put it.
Example: Everyone sees support at $67,000 on $BTC. Everyone puts stop at $66,900. That's a liquidity pool. Big players need that liquidity to fill a $50M long order.
So price wicks to $66,850, grabs all stops, then pumps to $69k. You were right on direction, wrong on stop placement.
Desk rule: Stop goes where IDEA is wrong. If your long idea is based on Higher Low at $66,500, your stop goes BELOW $66,500, not below random support. If that Higher Low breaks, idea is invalid. That's a logical stop.
Your stop doesn't get hunted because market is against YOU.
It gets hit because you put it where 100,000 other traders put it.
Example: Everyone sees support at $67,000 on $BTC. Everyone puts stop at $66,900. That's a liquidity pool. Big players need that liquidity to fill a $50M long order.
So price wicks to $66,850, grabs all stops, then pumps to $69k. You were right on direction, wrong on stop placement.
Desk rule: Stop goes where IDEA is wrong. If your long idea is based on Higher Low at $66,500, your stop goes BELOW $66,500, not below random support. If that Higher Low breaks, idea is invalid. That's a logical stop.
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Forwarded from Global Smart VIP [Stock]
What to do when a stock has its worst day ever?
Today: $RBLX Roblox down -30.22% to $33.96. Worst day in its history.
What happened?
When a stock drops -30% in one day, it means something very bad came out - usually earnings miss or guidance cut. Big money sells fast.
3 lessons for beginners:
1. Don't try to buy because it's "cheap" now. $33 looks cheap after $48, but it can still go to $28. We call this "catching a falling knife". Desk rule: Never buy on worst day.
2. Look at the chart: Before crash, $RBLX was slowly dropping from $41 to $37 all morning. That slow drop is warning. Big sellers were already selling before the big crash at 11am.
3. What desk does: We put $RBLX on NO TRADE list for 2 days. Let price settle. We only look again when it builds a flat base for few days and volume calms down. Protect money first.
Yesterday $SNDK and $MU bounced +25% - example of bounce.
Today $RBLX -30% - example of crash. Both happen in same week. That's why we have Buy Zone and Sell If Wrong for every idea
Today: $RBLX Roblox down -30.22% to $33.96. Worst day in its history.
What happened?
When a stock drops -30% in one day, it means something very bad came out - usually earnings miss or guidance cut. Big money sells fast.
3 lessons for beginners:
1. Don't try to buy because it's "cheap" now. $33 looks cheap after $48, but it can still go to $28. We call this "catching a falling knife". Desk rule: Never buy on worst day.
2. Look at the chart: Before crash, $RBLX was slowly dropping from $41 to $37 all morning. That slow drop is warning. Big sellers were already selling before the big crash at 11am.
3. What desk does: We put $RBLX on NO TRADE list for 2 days. Let price settle. We only look again when it builds a flat base for few days and volume calms down. Protect money first.
Yesterday $SNDK and $MU bounced +25% - example of bounce.
Today $RBLX -30% - example of crash. Both happen in same week. That's why we have Buy Zone and Sell If Wrong for every idea
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