jeff holden

This is true. And something we work to correctly develop our A+ trades. Even more importantly, when looking at almost any trade idea, we are talking about….. “what would make this an A+ trade?” It’s just a way to get an extra rep and be ready for those big A+ trades when they do show up.

Q: what do you think about rebids as a main entry trigger? A: I think of any key concept we teach. A rebid, a stuff, a held offer, an unusual bidder, a passive buyer, shown size, dropped bid, all as the same thing. They are powerful and obvious pieces of information that lead directly to trading edge.  The rebid is one of a couple ways for us to essentially see the same thing, which is ultimately what we are getting towards together:  You pick a good stock with a high quality set up. Then you watch it at key moments, and you have 4-5 different things to look for that tell us something very obvious about who is participating in the stock at that time and even more, what they are likely to do because that tends to be the way they execute.  When we see one of those things, we make a great scalp, and we move on so we can always remain in flow with the way others are participating in the market.