Skip to content

Low Cheat

References

Overview

  • Low Cheat entry is simply low risk entry just before stock is about to breakout of ATH
  • This is more preffered because it gave very low risk entry for stock
  • It's not traditional setup so trade is not crowded
  • Stock mostly likey give ATH breakout within few days so you don't have to spend lot of time consolidating
  • Positive point if stock is close to AVWAP line or close to ATH line within 10-15%
  • If Range also have some volatility contraction like Example 1, then it's even more powerfull

When to Enter

  • When stock is consolidating in specific range just before ATH breakout, and stock breakout of that range

When to Exit

  • This depend on individual stock price action
  • For Stoploss you can just take sl at day's low or low of past few days
  • For Selling in profit, just use general selling rules

Chart Samples

Example 1

  • So as you can see in above chart you can take entry on range breakout

  • or you can take early entry when market is good to improve your risk reward

  • 1