The market will “almost” never take the straight path.
Know this and exploit it to your advantage.
I’m intending this post to be ongoing. I’ll update it with charts as I come across good examples of the “SCREW YOU” trade.
The “SCREW YOU” trade is at the top of my trading arsenal.
As you go though this site or my X posts, you might notice two things about my trading. I’m a breakout trader and a failed breakout trader.
In trading you have to choose what kind of trader you want to be…I’m not talking about the style like “breakout” etc.
See, there are only two kinds of ways to trade – essentially.
Your trades can either be a:
- Predictor – or –
- Reactor
Predicting – “the market is falling, but it’s hitting support, I’ll buy it here” – vice versa for selling.
Reacting – “hey the market fell hard, then reversed, I think it’s gonna go up for a while…I’ll jump on board” vice versa for selling.
Most of my trades are reacting.
From a “TRADING” mindset, I want to react.
Investing mindset is different. I’m predicting. But for the purposes of trading, we’ll focus on reactionary trades.
When in reactionary trading mode, we’re evaluating the market to see WHAT HAS HAPPENED, and more importantly WHAT HASN’T HAPPENED.
Look at the NASDAQ 15 minute Heikin Ashi chart from today.
Evaluate this chart. Everywhere you see an arrow is a major SCREW YOU inflection point.
It’s easy to see that the market loves to trap and frustrate and SCREW.
The market will test support over and over, slice through it, then just when everyone has either stopped out of their longs or went short – OR BOTH! – that’s when it says “SCREW YOU…I’m going back up!”.
Or…
The market will test resistance over and over, eventually bulldozing through it, then when everyone has either stopped out of their shorts, went long – OR BOTH! – that’s when it says “SCREW YOU…I’m going back down…thanks for the liquidity!”.
The market is complex. Sometimes they don’t reverse and it continues down or up with vengeance.
BUT…and this is huge…nearly ALL huge moves were PRECEDED by a SCREW YOU move.
They happen on all time frames.
How about a weekly chart?
Weekly chart of APP Breakdown. Thanks for the liquidity.
The stock went on to go up over 400% from the point of SCREW YOU.
How about a monthly chart?
$TSLA up almost 3,000% from the point of SCREW YOU.
Thanks for the liquidity folks.
How about a scalping time frame?
NASDAQ E-Mini Futures. Scalping a 15 second chart. Yep.
Works on every product and on every time frame.
Here’s a post I made from a volatile evening session as another example.
If you’re not incorporating the “SCREW YOU” trade into your trading arsenal…give it a shot and let me know how it’s working out for you.
Start being the one SCREWING instead of getting SCREWED.
Drop me an email anytime [email protected] or comment below.
I’ll come back regularly to update this post with more SCREW YOU charts.
