TI3 is first 30 minutes trading strategy which looks for quick gains on stocks that dominate first 5 to 10 minutes of trading. It allow you to profit from the morning momentum. Only suitable for active traders. And you need Trade Ideas software to find these kind of trades. Once perfected it is highly profitable setup.
What is TI30
It is a strategy to profit from stocks with extra ordinary momentum in first 30 minutes.
It looks for a stock that makes 40 new high in few minutes. That is sign of very aggressive buying .
Then I look for quick entry and then trail using depending on price 40 cents to 5 dollars profit.
Often these stocks (especially the higher priced ones ) can make 3 to 15 dollars move in first 30 minutes after showing up in scan.
Requires excellent execution skills and reflexes.
If done right it is free money.
6 comments:
Thank you for sharing Pradeep. Other stocks like FB, SCHW also appeared on the scan. Why did you select ROKU over other stocks?
Do you wait for first 5 minutes before buying?
Thank you.
I look at how many times the stock shows up in scan. Many other show up just once or 5 times while ROKU dominated. Besides that ROKU is also part of my Top 25 stock setup strategy so it was on my watchlist already. I have traded it on and off in last 2 weeks multiple times.
Thank you Predeep. Do you wait for first 5 minutes to see how many time the stock appears on scan before buying?
Sometime a stock dominates from get go so no hard and fast 5 minutes rule.
How do I get this program?
TRADE ideas us the name of program
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