INPX-$1ish stock, stacking bids and asks, ssr...putting all pieces together= no trade. edge is gone
AVGR-eazy fader.
in this market you must be content with $500. even if yo lose a few small grand that's considered "ok" too. the key is not to get overly exposed and ready to attack when the market heats up again.
this is truly inferior setup and choppy stock. nasty trap+lvl2 big bids and asks manipulation. I thought it could go much higher due to lots of shorts underwater but nope. this one loves rip wash, rip wash so if you are breakout buyer you get fucked. the ONLY way to trade it is avoid the short side and waiting for higher low higher low above VWAP action to get long. preferrably after massive washout/cleanup action.
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