Welcome to the Fortress. Grow your wealth and guard your gains. Experienced options trader sharing trade ideas & plays.
Not financial advice. ๐ Turn on notis
Welcome to the Fortress!
We collect premiums not prisoners!
I share daily options plays & TA.
I share exactly what I buy/sell. This is NOT financial advice.
0DTE Options = High risk and High Reward. If price has already moved significantly after my alert โ DO NOT chase. You might get smoked. If, the price is stagnant these positions will lose money very quickly. Preserve capital for the next trade.
Swings trades can take days to work out. Be patient
Rules:
1) Max 1โ2% account risk per trade.
2) Never full port
3) Use a proper stop loss OR only risk limited money which you are okay to lose
4) Always pair with YOUR research & trade plan
5) Do not expect all trades to be successful. No one has a 100% success rate. Losses are part of the trading game
6) Options can go to $0 very quickly. Only risk money you can lose
7) Always be flexible and be ready to adapt
Turn on notifications. Letโs trade smart. ๐ฐ๐
I am back after a 3 week recovery following my surgery. Getting back into the grove of things. Watching the market and will share trades when I enter. Hope you guys made a bunch of money while I was away.
Mentioned this on Friday. Buy puts on $NBIS if we see 259-260 area. Nice rejection of that area. There is some more downside on this before we go up. 200 to 225 should be a zone to look for longs.
Last day of trading for me. I have a surgery coming up and will be away for 3 weeks may be less depending on recovery. Good luck to you guys and keep winning. Happy 4th of July in advance ๐บ๐ฒ
@younes00845690 Dang. Not good. It needs to clear 100 for a run to 105. I always set stop loss at breakeven when contracts are up over 10%. Can always re enter but it will save you from holding it for days.
Mentioned this on Friday. Buy puts on $NBIS if we see 259-260 area. Nice rejection of that area. There is some more downside on this before we go up. 200 to 225 should be a zone to look for longs.
It took a while but these $MRK calls are finally moving almost +20%. Set stop loss in profit. 125 is a big resistance level. If we reject then I will sell these and buy longer dated calls.
$SPX 7250P already up. Also got the $NBIS 200P for 07/02. These are hedge positions I mentioned yesterday. Market going down was expected. I hope you guys got some puts to offset losses of long positions.
It took a while but these $MRK calls are finally moving almost +20%. Set stop loss in profit. 125 is a big resistance level. If we reject then I will sell these and buy longer dated calls.
$NDX 29240P 0DTE is looking good for a scalp or you can get $QQQ 708P. It moved fast so your entry might be different. Can set a tight stop loss as we may go to 715 on QQQ and chop. Dont let theta God's win.
$SPX 7250P already up. Also got the $NBIS 200P for 07/02. These are hedge positions I mentioned yesterday. Market going down was expected. I hope you guys got some puts to offset losses of long positions.
$MU earnings better not disappoint. The way things stand $NBIS can see 210-205 and $SPX to 7250 is possible. Grab some put hedges if you are in too many long positions.