FORD MTR CO DEL - short
Updated
FOne of my subscribers ask me: why you are putting out ideas on cheap papers, because it is very easy for a market maker to draw on cheap papers.
In general, without going into reasoning, I can say that the market maker, if he really needs it, can draw on any paper what is required.
To do this, just put a huge order in the market, and then remove it.
I take cheap papers for two reasons:
1. Not everyone can afford to trade expensive papers such as Tesla or Amazon. And why I need to put out ideas if they are not for everyone?
2. The cheaper the paper, the less risk. And I really like to trade with minimal risk, and they can have as much percentage change in price as expensive stocks.
For today's trading, Ford also on short.
I'm waiting for the price to stabilize down 3.95 and I'm going to enter the short.
Note
the paper opened up with a gap because of the SPY. It's completely unclear what makes this wild joy in the market. Obviously, it will not be possible to enter the shorts today, does not allow ATR, but the idea still remains. I'll see what happens.
Order cancelled
the model is broken. There was no entry point.
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