30. Stocks In Play (SIP)
[1. Setup Mastery] - [1.3 Bullish Setup] - [1.3.4 Stocks In Play (SIP)]
Stocks in play don't have criteria of an EP. But it has a sufficient catalyst to move for the day. Because there is sufficient catalyst to make a move in a day and money to be made. And if you know before the market opens that specific stock can make a move for 1 or 2 days then that is called as stock in play.
When you're looking for a diamond but you don't find it, Instead find pearls then that is SIP.
For both SIP and EP, OPG orders are used. EP you will find 2 to 5 stocks in a year but SIP you will find many like 100 200 stocks.
This is a very different way of thinking and trading out of the technical analysis jungle. That is hunting for a catalyst and that catalyst makes this stock move.
Setting a price target is a soft skill and floats prefer less than 1B, Which is difficult to find.
So this is a difficult skill trade and which doesn't happen so often, But how can you change your life? Don't lose hope as we have a setup that is 100 times better than EP and happens 300 times a year than EP, Which is simpler than doing EP and changing your life called EP 9M.