Study the Mid-Candle! ๐ฏ๏ธ
I always look for a pullback near the Golden Zone (50-61.8% fib) for prime entries that are not based off of FOMO!
Donโt you like buying things half off?
$SPY $QQQ $TSLA $AAPL
A message to those who are struggling out there:
Everyone starts off as a terrible trader! Donโt let it discourage you, this is the vetting process. Focus on RISK MANAGEMENT and SCREEN TIME! These two are the best teachers.
NEVER GIVE UP!!! โค๏ธ
$SPY $QQQ $TSLA $AAPL
$SPY +390% Trade Review โ
I alerted $SPY 407p around 50 cents risking the Pre-Market High area.
TRADE THESIS:
-PMH Supply risk
-5min Inverted Hammer
-Tweezer Top
-410 Psych
HOW I HELD:
-1min EMA guidance
-LH/LL
-VWAP &PML BNB
-405 Target
Leave a LIKE for more charts! โค๏ธ
@FJTRADES @AlexDemosthenes @jordanfogel This has worked pretty well for me, I trade in 1/4, so my minimum contract size is 4, usually risking 10%, I scale 1/4 at 10% which cuts your risk in half, scale again at 20% which guarantees a profit even if SL is hit.
Practice doesnโt make perfect, it makes permanent.
What you practice is what you learn and what you take away from that you start to drill it into your mind & eyes. Which becomes permanent.
Keep back testing, taking notes study it like itโs a degree.Your not under any pressure