Love this!
New Trader Daily Journal & Trade Log: 8.5"x11"Desk Size Trading Journal for New Traders, Stocks, Options, Crypto, Journal Stock Trading https://t.co/VJGJqaaRbP
I’ve been trading options for almost 13 years and after back testing dozens of different strategies I developed a system that has generated me millions of dollars in net profit. It all started with understanding how to observe the market and leveraging the skill of patience.💡
Was it a trap? lets see, tks for checking todays #stickynote 👀📉
$TSLA still on watch, more selling needed by @elonmusk ? lets see, $240 SS
$OXY Oil making moves, so is this name, $67 L🛢️
$AMD always on radar, SS rips to $68.25, possible SS hit $66.50💥
$AMZN $118 support😎
Trade plan for Wednesday ✅
$SPX possible we see a move to 3838-3850 tmrw if it breaks out above 3800. Calls can work above 3800. Puts can work under 3721
$MSFT if it breaks above 250 it should move to 255. Calls can work above 250
$QQQ best to hold 280 to set up for 285-289
The 10 Largest Dividend Companies in the World💰
$V Visa
$LLY Eli Lilly
$AAPL Apple
$NVDA NVIDIA
$MSFT Microsoft
$XOM Exxon Mobil
$JPM JPMorgan Chase
$JNJ Johnson & Johnson
$UNH UnitedHealth Group
$TSM Taiwan Semiconductor
Are you holding any of these?
Quick breakdown of 4 of my $SPY/$SPX trades today. If you take a step back and keep it simple, these moves can be fairly easy to spot. As I noted in here I made some mistakes and didn't capitalize like I should have. Just gotta recognize why and learn from it!
$SPY $SPX
Solid reaction from our zone so far
The way price action will shape this move in the next hours will determine if V has started or not
Since we were really close to crossing W-4 bears want this to be it.
Excellent bounce from $SPX, but it is expected to be short lived 📉
Price should produce a sharp pullback for wave (b) targeting the 50-61.8% retracements at 3687-3663 🎯
Another leg higher to 3865 should follow to complete wave (c) & this full wave sequence 📈
$ES_F $QQQ $SPY
Haven't seen anyone post this chart & every chart I have seen in bullish.
So I will share another perspective.
$SPY Rising wedge right into trendline resistance ( respected since 8/16 )
If break to downside watch for $375.25/$373.80/$370.75
Only time we broke trend = fakeout
-Log your trades
-Have an exit plan
-Always take profits and cut losses early
#Trader#trade#OptionsTrading
New Trader Daily Journal & Trade Log: 8.5"x11"Desk Size Trading Journal for New Traders, Stocks, Options, Crypto, Journal Stock Trading https://t.co/dVjZwhh8xU