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Some day traders may say trying to “catch the top” of a move when going short is a dumb strategy. While I don’t fully agree with that position, I can totally understand where that trader is coming from given how it can be a risky strategy to gain an entry. I don’t mind trying to catch a top from time to time as I believe it gives a solid risk vs. reward situation. At the end of the day, you’ll need to be the final judge on if you think this is a strategy that may fit your needs. Let me show you what one of these trades looks like using some of my personal trading results I captured, live, on video.
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