Friday 1 January 2016

Why did I start Short or Squeeze?

There is so much misinformation out there in the internet from free chatrooms, twitter and stocktwits to name a few. Shorting pump and dumps is a safe play but how do you know something is being pumped and when it is being dumped.

A "PUMP" attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. The perpetrators of this scheme, who already have an established position in the company's stock, "DUMP" their positions into the hype that has led to a higher share price.

While I predominantly I am short bias I will alert to equities that are fitting a solid pump & dump scenarios and set ups as the draw warning signs and red flags.

This blog will hopefully answer most of the inboxes I get across the different social media forums. If it helps you to profit, save money or even just teach you a new thing you didn't know there are 2 rules you need to follow.

1) Cut loses quickly don't add to losing trades if the trend is broken don't fight it.
2) Take profit along the way it will help keep you profitable.
3) The trend is your friend don't fight it, price action confirms it.

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