@RonFriedmanSF .@RonFriedmanSF provided an update on his $AMD LEAPS position this AM.
When a position is paid for, decisions become much clearer.
We'll see how the technicals develop...
.@RonFriedmanSF talked about managing a long-term $AMD position on the webinar this AM.
Members of TTP have been able to roll their position multiple times this year.
Now they can choose how they want to manage the position.
Right off the open @RonFriedmanSF wrote against his $AMZN LEAPS position.
This is how you continue to reduce your capital outlay and eventually get into a free, long-term trade ๐
.@RonFriedmanSF has a starter position on $AMZN 117.5c LEAPS.
As $AMZN came back into an important technical level this AM, he went through his strategy ๐
.@RonFriedmanSF got long $NFLX calls shortly off the open and was able to stay in the trade up to the 50 EMA.
Managing stop-profits is a good place to be ๐
When you scalp with appropriate size and use levels, you keep a clear mind.
@RonFriedmanSF isn't always perfect... He demonstrated how to manage risk in an $ENPH trade this AM before looking for other trades.
.@RonFriedmanSF is swinging $TSLA long for a gap fill.
He broke down his plan again this AM to make sure theta doesn't get him...
Listen to an experienced options trade break it down ๐
.@RonFriedmanSF had some great scalps during the FOMC Presser today...
Taking a trade in the right spot puts you in the position to manage your stop win rather than your stop loss...
Not all scalps are going to work..
But when you limit your losses and stay patient, opportunities will continue to come..
@RonFriedmanSF took a few scalps on $MSFT this AM and kept losses small before finding his trade for the day on $AMZN
Members of Trading the Post have been able to roll up $AMD LEAPS multiple times.
@RonFriedmanSF demonstrated how to manage the trade using a shorter timeframe.
Being able to play both sides is a great thing.
Take a look ๐
Members of Trading the Post know not to blindly follow sweeper activity.
@RonFriedmanSF sees sweeps as part of the bigger picture.
There are many components to reading tape, as @sanglucci teaches.
Combine tape with levels and see how your trading improves...
Members of TTP join @RonFriedmanSF's streams in the AM to look at different types of trades.
Today Ron walked through an $NVDA scalp showing the levels to monitor.
Check out this piece of his analysis ๐