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Trading with BigShort: Joe from Cup of Joe Trading Explains his Premarket Strategy
Trading with BigShort: Joe from Cup of Joe Trading Explains his Premarket Strategy

BigShort user Joe from Cup of Joe Trading shares his pre-market trading strategy, showcasing A+, A, and trap setups.

Matt Peters avatar
Written by Matt Peters
Updated over 2 months ago

This video introduces a highly effective day trading setup using BigShort's leading indicators. The strategy focuses on identifying pre-market signals, waiting for market open confirmation, and executing trades with precision.

Key Takeaways

  1. Focus on Large and Mega-Cap Stocks

    • Trade stocks with high liquidity and significant institutional participation.

    • Avoid low-float or short-squeeze stocks, as they can move unpredictably.

  2. Pre-Market Setup

    • Look for tight pre-market price action (a narrow range).

    • Identify a visually significant manipulation candle (a large yellow candle):

      • If the candle points down → bearish bias.

      • If the candle points up → bullish bias.

  3. Market Open Confirmation

    • Wait for confirmation at the market open before entering:

      • For a bearish trade: Price breaks above the pre-market high, then reverses (bull trap).

      • For a bullish trade: Price breaks below the pre-market low, then reverses (bear trap).

    • Use Net Option Flow (KNOF) for additional confirmation:

      • Bearish signal: Calls sold, puts bought.

      • Bullish signal: Calls bought, puts sold.

    • Check Smart Flow (smart money) and Momentum Flow: Both should align in the trade direction.

  4. Execution and Profit-Taking

    • Be fully prepared before the market opens: Identify target stocks and potential options in advance.

    • Enter the trade only after confirmation signals align.

    • Take profits gradually during the move:

      • Exit on a break of the previous candle’s high/low.

      • Watch for large reversal candles near the bottom or top of the move.

  5. Trade Selection and Risk Management

    • Avoid trades that don’t meet all criteria, even if they appear promising.

    • Practice disciplined risk management and avoid emotional decision-making (FOMO).

    • Focus on consistency rather than home-run trades.

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