Can this indicator help you spot short squeezes? ✔️ Why days to cover has become overhyped in the meme stock age... ✔️ How adjusting your expectations is the first step to building your knowledge base AND developing a solid trading approach... ✔️ How to incorporate days to cover into your trading strategy... Sponsored Content >> This proprietary secret has been responsible for helping me identify:
Some might even call this an "unfair advantage" that I use even when markets are volatile.
Hey, Tim here.
When did you first hear about days to cover?
Was it when the GameStop (NYSE: GME) short squeeze first erupted? A lot of people were talking about it then…
GME went up hundreds of dollars in minutes. And days to cover was used to show how bad the short position really was.
At the start of the squeeze, the days-to-cover ratio stood at 2.5.
That means it would have taken 2.5 days for all shorts in the stock to cover their trades at normal volume.
We all saw what happened. Many committed shorts were trapped when GME went parabolic…
Then some used GME's days-to-cover number to show how stubborn shorts actually were.
I'm not here to rag on shorts, though.
Sponsored Content If you want to find out if you have what it takes to make it trading stocks…
Many traders look for that magic indicator — the skeleton key that will unlock consistent trade wins.
You won't find it because it doesn't exist.
If there were an indicator that could predict the future, don't you think everyone would use it?
Self-sufficient traders use many indicators in combination. They see what works for them. They continue learning and refining their strategy.
That's what I want you to learn about days to cover — what it is and how to use it.
It can be part of your trading strategy but only after you find out how it works for YOU.
Stay hungry,
— Tim P.S. I want to show YOU the "unfair advantage" that's helped me make millions in the stock market. It's a proprietary tool that I'm revealing for the very first time… and you'll want to see what it is. Click here to see it now >>
Your Tuesday Reads Using Stimulus-Funded Volatility in Your Trading Game {VIDEO} A new round of stimulus checks might pave the way for epic volume ... and more short squeezes. In this video, I talk about how stimulus checks have contributed to volatility in the past year — and what that means for traders. How Tim Sykes Has Made His Millions Using This Tool This proprietary tool that's made Tim Sykes millions in trading profits is finally being revealed… Find out more about it here. How to Take Small Losses and Still Catch the Bigger Move {VIDEO} Refusing to take losses keeps stubborn shorts in losing plays. In this live trading session, I give a window into the way my top students and I trade. We adapt, cut losses quickly, and continue to watch the market for the next play.
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Tuesday, September 14, 2021
Can this indicator help you spot short squeezes?
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