How to daytrade Options:
-Pick a weekly strike 1-3 OTM
-Contracts $2 or less
-Only 1-2 trades per day
-No trades first 30 minutes
-1:2 Risk:reward ratio
Be patient for your setup to appear and do not hesitate.
$SPY
Want to learn how to be a daytrader?
These are the only indicators you need:
-VWAP
-9EMA
-20EMA
Bullish when EMAs are above VWAP
Bearish when EMAs are below
Less is more.
$SPY
$SPY #DirectionalAnalysis
LONGS: Aiming to defend the PML 608.58 in order to push above the PDH 609.75. Over this they target 610.16-> whole dollar psychs above ATH: 611->612->613
SHORTS: Aiming to defend the PDH 609.75 in order to push below the PML 608.58. Below this they target 608.12->607.3->606.9->606.3->PDL 605.52->604.59->603
How to make money in the stock market:
-10m chart for daytrades
-4hr chart for swings
-Daily chart for investing.
For trading, the 20EMA is a buy signal. Be patient for price to pullback.
Use the 50SMA as signal for investing.
Take profit and raise stops.
$SPY
$SPY #DirectionalAnalysis
LONGS: Aiming to defend the PML 604.66 in order to push above the PMH 606.39. Over this they target 606.57->607.09->PDH 607.83->608.44->ATH 609.07
SHORTS: Aiming to defend the PMH 606.39 in order to push below the PDL 605.36. Below this they target PML 604.66->604.11->602.97->601.67
🚨I am LIVE DAYTRADING right now on https://t.co/rrK7P3tAHr
I will walk through all of my entries and exits, wins and losses! Lets have a great day today.
$SPY $QQQ $TSLA $AAPL
JOIN STREAM HERE:
$SPY #DirectionalAnalysis
LONGS: Aiming to defend the PML 604.7 in order to push above the PMH 606.18. Over this they target 607.19->607.81->608.46->ATH 609.07->610
SHORTS: Aiming to defend the PMH 606.18 in order to push below the PML 604.7. Below this they target 604->PDH 603->PD ORB H 601.47->PDL 598.65
🚨I am LIVE DAYTRADING right now on https://t.co/rrK7P3tAHr
I will walk through all of my entries and exits, wins and losses! Lets have a great day today.
$SPY $QQQ $TSLA $AAPL
JOIN STREAM HERE:
$SPY #DirectionalAnalysis
LONGS: Aiming to defend the PML 598.27 in order to push above the PMH 601. Over this they target 602.18->603.48->604.28->605.84.
SHORTS: Aiming to defend the PMH 601 in order to push below the PDH 599.36. Below this they target PML 598.27->PD ORB H 597.31->PDL 595.61