๐จ ๐จ FAQ Master List for IB๐จ ๐จ
THREAD OF THREADS ๐
Iโve been getting a lot of DMโs about my trading strategy so I went ahead and created a list of questions and answers for you guys to read through! Reply if I missed a question and Iโll add it to this thread ๐๐ฐ
INSANE week & itโs only Tuesday! ๐
๐จMembers profiting +$106,000 / +$42,000 in one day ๐จ
๐จOthers up $18,000 in one day ๐จ
Trading my 70pt $ES / 7pt $SPY long alert this week
Real people โ> real results trading my proven system
____
Join us ๐
https://t.co/1BO41oZ6Mv
5/8 Trading FOMC Today โ
Decent day. Over traded a bit after take two Ls to start off the day ๐ฏ
Today was not as volatile as I expected. Kept trying the bounces off $ES $4000 psych but $SPX cons were too far OTM to do anything ๐๐
Keep an eye on the daily 200EMA ๐
2/3 To End the Week Off โ
Barley traded this week ๐ฏ
Choppy trend before 12:00. Took calls off ORB high and 4000C lottos off the 5m 9EMA๐๐
Flipped to the puts after seeing the 5m 9+20EMA cross to the downside. I went on to target the 5m 200EMA on $SPX ๐ฏ
FOMC Coming Up๐
0/0 Yesterday โ๏ธ
1/1 Today โ
Missed the initial pump. I was pissed but didn't chase. Kept my composure and let $SPX IV+Premiums drop in consolidation ๐ฏ
Took the calls risking the 5m 9EMA into powerhour๐ฏ
40 points in 30mins๐
Alert:
$SPX 4050C | 1.10->13.00 (1082%)๐ฅ
HOW TO ENTER A TRADE WITH CONFIDENCE:
Before you take any trade, make sure you have a plan!
TRADE PLAN CHECKLIST:
โขEntry
โขStop loss (10-20% risk)
โขPT= Profit Targets
If you donโt have these three plotted out, you DONโT have a trade! FOMO โ Confirmation
$SPY $QQQ $TSLA
4/6 To Start Off The Week โ
Haven't traded much the past week. Great to be back on a trend day ๐
Risked off $SPX 5m 9EMA all day. Ended up selling the 3980P early, and went over the 3975P+3960P for powerhour๐ธ
Let's get ready to catch another trend tomorrow ๐ค
โญ๏ธ3 TIPS TO IMPROVE YOUR TRADINGโญ๏ธ
โขREMOVE 1min chart!
โขUse VWAP and Supply & Demand to trade WITH Buyers and Sellers.
โขNO trades the first 30 minutes! Allow your 30min ORB levels to develop. ORB will tell you if itโs a range day or trend.
$SPY $QQQ $TSLA $AAPL
4/10 To End Off The Week โ
Didn't Trade most of this Choppy Week ๐๐
Got caught in the morning chop. Kept taking starters and getting cut. I had to make a comeback going into power hour ๐ช
Took the 3965C ITM off $ES 5m 200EMA+VWAP ๐ธ
Lets see a trend on Monday ๐๐
2/2 To End Off The Week โ
Didn't Trade the past two days because I was sick ๐ฏ
Took the 4000C risking off $ES 200EMA going into the HOD rally. Ended up selling a bit early cons went ITM into close ๐
Shitty close for $SPX today chopped at the $4000 psych all power hour ๐
3/5 Today โ
Wild Range day today intraday swings moving over 50 points ๐๐
Got hit on the calls going into 12 but made it back grabbing the 3790P and 3800P on the free fall to $SPX 200EMA ๐ฏ
Market makers crushed calls and puts on $SPX fighting for the daily 50EMA ๐ฏ
STOP chasing breakouts and understand risk!
The most important aspect of trading is knowing when to execute vs being patient! Sometimes the best trade is no trade.
$SPY $QQQ $TSLA $AAPL
0/0 Yesterday โ๏ธ
4/5 To End Off The Week โ
Made up for FOMC today๐ธ
Took the 3750C ITM going into the close off the 5m 9+20EMA cross ๐
@desitiger Banking! Doing the unbelievable teleporting over 55% on his account just today ๐ฐ
Alert:
$SPX 3750C | 1.85->12.00 (550%)๐ฅ
3/3 Today โ
Ended up selling way too early today. Didn't expect my cons to go ITM๐
Bought the 3780P $115 OTM off Monday's HOD rejection ($3893.73) ๐ฏ
Sucks to see. Caught the top of the downside just to sell early. You live and you learn๐ฏ
2/4 Today โ
Slow day for $SPX cons after the huge morning drop. MM ended up crushing cons all the way to the bell ๐๐
Went light on the 3855P going into the close after getting back to green ๐ฏ
Let's get ready for FOMC tomorrow cons will be cheap ATM when news drops ๐ช
1/2 To Start Off The Week โ
Choppy Monday to start this week. Didn't trade the morning chop at all๐๐
Waited for cons to get crushed until I could play ATM cons in the close ๐ฏ
Took a hit on the 3900C starters but made it back taking the 3875P ITM into close ๐ธ
1/2 To End Off The Week โ๏ธ
Barley green after being late to the huge rally on $SPX ๐
Took the 3905C which I sold too early then gave profits back on 3910C lottos into close ๐
Time to make up for it on Monday ๐ฏ
1/1 Today โ
โผ๏ธ Don't sleep on the 50EMA โผ๏ธ
Had to come back with some heat after the red day yesterday๐ฅ
Traded the last 30mins on $SPX and took the 3815P ITM off the 5m 50EMA rejection ๐
Alert:
$SPX 3815P | 2.30->10.00 (335%)๐ฅ