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Damn, Kyle Williams' "高潮空策略" has been revealed, and he's already jumped to the fourth place among live traders. There's definitely something to it.
Currently, the live trading account shows over $7 million.
He believes that when a stock's price surges abnormally in a short period and retail investors fall into extreme euphoria, the subsequent decline can be very frightening in both speed and magnitude—the more abnormal, the scarier.
The strict rule is that the stock must close with a positive candle for at least two to three consecutive days, and the entire trend's increase must be at least over 80%, even reaching 100%. The gains should ideally get bigger each day, with no bearish candles in between, and on the last day, there should be an acceleration, with the single-day fluctuation amplitude being extremely large at the peak.
At the same time, trading volume must increase and show a day of massive volume at the top, indicating that bullish funds have already crowded at the high point.
Portal: