Dana zeros in on shorting small caps with noticeable pre-market or intraday price gaps. He targets double tops, confirmed by a Doji candle.
He uses TradingView’s replay feature for backtesting, timing his entries with technical patterns like Dojis and VWAP.
If momentum shifts against him, he quickly exits with tight stops (e.g., $0.03-$0.04), always prioritizing high-probability setups over chasing extended moves.
After failing a few evaluations and blowing up funded accounts, he was able to regroup, refine his strategy through journaling, and achieved his first payout worth $5,300.
Tip 1
When he shorts
When there’s a Doji, two long wicks and a very small body, that’s something I look at. When the candle closes, I enter right away. And then I target the same line as the resistance where the doji was formed.
Tip 2
When is it finally the top?
Maybe it will go to $12, I wouldn't know. That's the risk I'm taking. I've seen it a lot on backtest, if it keeps going higher, then I'm out, like $0.03, $0.04, I'm out.
