Strategy 14: Booty Reversal Strategy
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Overview
Strategy 14: Booty Reversal Strategy
Level: Intermediate
Experienced Instructor
About This Lesson
The Booty Reversal is a reversal strategy that takes advantage of higher time frame consolidation after a wedge formation. It occurs when a stock trends in one direction, then forms a tight consolidation or wedge on a higher time frame like the 15-minute chart before breaking out in the opposite direction.
Presented by
Brian Pezim
Aiman, now a doctor, first became interested in the crypto market before realizing it wasn’t for him and turning to the stock market. After reading Andrew’s book, How to Day Trade for a Living, he joined BBT in May 2018, spent 8 months practicing on the simulator, and began live trading in January 2019.
Downloads
- Extreme Booty Reversal
- TradeBook: Extreme Booty Reversal
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You can download a copy of the presentation in PDF format here.