Trade Entry Checklist

Generally, the more data points supporting a trade idea, the higher the probability of success.

Although our tools can be used for any trading strategy, we'll highlight a simple strategy we've used repeatedly with success.

Like institutions and hedge funds, we only trade ETFs as hedges against the market.

When looking for trade ideas on individual tickers, we look for bullish trades with the most support behind them.

This is the "checklist" we typically like to follow before entering a position:

Repeated calls and close to 0% put flow

• Close to 0% put flow means that Wall Street agrees that the price will rise

Recent dark pool activity‍

• Green highlights or gold boxes are ideal‍

Strong technicals‍

• 4-point confirmation on the 1-hour chart and ideally also the 4-hour chart

Positive news sentiment

• Mostly positive sentiment and no major red flags in recent headlines

Bullish sector activity

• Bullish sector sentiment helps you avoid trading “against the current”

High Heat Scores

• Trades were made with high conviction

For strong technicals, we typically like to see bullish signals on both the 1-hour chart and 4-hour chart. A bullish signal on the daily chart is a great bonus.

If we don't see bullish signals on both, we typically create an alert on the chart that hasn't turned bullish yet and enter when it does.