@GaaOptions It’d have to reclaim tomorrow for this setup to hit this week, or you mean swing to next week too if it does hit 757 let’s say Friday and holds?
@Ashton_1nvests Man that sucks, time to full time trade while you look for another job, think of it as the best opputunity to learn more about the markets while you have the time. You can make some money selling covered calls on your positions.
@Glitch_Trades@StevenCCrowder It’s due to lack of capital. A lot of people are full porting with their $5-6k accounts hoping for a $20k payout fast. Then it goes down they sell out of fear of losing their port.
@MyBankIsFat Let’s feed us with a 300% tomorrow! I think price action will be good as many people will use their 3 day trades before PDT rule is gone Thursday which will bring in mad volume.
@RobinhoodApp This is the greatest thing to happen to traders who know what they are doing. More volume, more volatility, funds instantly available after selling…the list goes on.
@Glitch_Trades I think we get closer to $600 this week, gonna wait on the perfect entry and buy calls for aug21, cons just so expensive I can only buy 3.
@MyBankIsFat Not a good day for spy, got in some calls and cut out for a loss, stuck to NVDA made my money, hopefully tomorrow we get a directional trend for some 100% gains.
@Youngkookieman I’d honestly get out, if we chop more tomorrow those puts will be cooked, you can always get back in at much better setups, no reason to hold the calls and swing them when they are gonna be losing value overnight. Also PDT rule gone this Thursday on Robinhood!