A letter of intent (LOI) is a document that states a party's tentative intention to doing business with another. The main elements of a potential agreement are described in the letter. LOIs are frequently used in significant commercial transactions and have a structure akin to term sheets. However, one significant distinction between the two is that while term sheets take the form of a listicle, LOIs are delivered in letter styles. A shareholder may also write a letter of intent to say that they intend to make investments in a particular amount of money at a particular period. Frequently, the shareholder would be entitled to lower sales costs in exchange for signing a letter of intent. A letter of intent cannot be enforced because it is not a contract.
As we all know, 2022 has been a painful year, and it continues to be so. What works during a bearish market are a few strategies: shorts, inverse ETFs, holding cash positions and day trading. Today we take a look at ATXI and see how we day traded it. Watch this video to get the technicals. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is