Strategy & Edge
My niche is definitely short bias. I've tried to force a long bias since I started SIM trading, and have never felt comfortable. It's strange how comfortable I am playing the short side even when I'm wrong.
I need to hone my edge with defined playbook strategies. Right now I'm too loose on rules especially on sizing and defined entry/exits. I know I'm going off tape reading almost exclusively, with minimal technicals.
I almost instinctively know certain parameters that will present potential opportunities (High gap %, float <200M, High RVOL, Resistance/Support by longer time frame with volume with enough volatility to move minimum $1-2, short bias on slower months)
I often predict the correct moves, but enter too early and average down (up on short). But when squeezed it can be devastating, which often leads into emotional/revenge trading. I need to hone in on the slowing of momentum and have defined entries from there.