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If Limit Order Bears are selling the prior high, more higher, and then price goes down , how is that not making money ?
I am not arguing it's a good idea to short here, but it looks like they are making money.
They are making money but like the slide says - it is difficult = profits are very small and for bulls the bull TL is holding, MA is holding, cc HLs, some of the BOs above even have FT bars, converging triangle so distance from TCL to TL keeps getting smaller and smaller.
Early in the day (screenshot below) it was easier for the limit bears to make money because the swings were wide. But during a tight bull channel they sweat more than they earn.
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BPA Telegram Chat traders limit sell tight bull channels instead of going to the gym.
How can I have these slides?
