Strategy Description: Want to really pay attention to the premarket action. If it's weak and looking somewhat dead it is probably setting up for a complete fail and it can go red on the day.
Unfortunately these kinds of trade are somewhat counter-intuitive because the risk-reward doesn't somewhat make sense. So you want to start in, in the premarket or on the open with really really wide risk, and this will allow you to lock some profit in to put a bit more size on it later.
Ultimately the best trade will come on once it's dead, has been given the low volume kiss of death, and is consolidating near the lows that's where you want to put the size on.
Note that you need to be aware and on the watch for stuffs, so don't want to have stop-loss right above the resistance.
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