Avoid These Costly Risk Management Mistakes 🚫:How To Manage Low Float Risk

[@SteveJonesOwnsDSP]

Yup, totally agree with your assessment. Another thing I try to avoid is shorting stocks that get strong in mid-day, especially low float. These guys can keep squeezing, and I've found that you should wait until power hour to watch for it to break down, potentially. When float is so low, the dollar volume doesn't really matter anymore, and it's more about time of day for the breakdown. And I also noticed those Biotechs that stay up in the air, elevated. Those china stocks are tempting as well, because sometimes the locates are cheap, and that gambling mindset comes in when it's up so high. But even with small share size, this can put you underwater fast, with no guarantee of breakdown. Hopefully 2025 will have more opportunities -- if you are short biased, you gotta do things that other shorts are not willing to do, in order remain profitable, and that is patience.

[@AbdulAli-ku9he]

Thanks Steve.

[@zionglobal7358]

What monitor did u use , model ??

[@vivianwalter5257]

Thanks for the thoughtful insights Steven. Curious if you have a vid on the 2023 recap- and if you made the most that year or this year was your highest?

[@stevendux]

2020 - 2021 were my best years, not 2023. Remember I have been trading for almost a decade and have been verifying my trades in the public longer than most. To learn more about how I trade you can join the Freedom Challenge here. 😎 Join Freedom Challenge: courses.stevenduxi.com/fc/

[@DutchChris1976]

Only 3 or 4 plays a month will be a real challenge for my patience tbh..

[@ZephyrPhotography]

can you post how you traded DRUG? many people got blown out.

[@stevendux]

This will be explained in the next video. I did not do great on it.

[@ZephyrPhotography]

@@stevendux thanks steve, you are the man! i watched your entire videos 2 times.

[@notbeingfooled-j6n]

How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards

[@stevendux]

By trading.