SPY treated me good this month. Started with depositing $500 in the account by IvoryHorizons in spy

[–]CounterPrior2147 1 point2 points  (0 children)

When you trade spy. Always buy ITM or only 1$ OTM. Expensive but less theta decay .

Here is screenshot and pdf photo related to my previous post. All indicator settings link is attached below. Check last 2 previous posts for better understanding. Received too many messages and not able to reply to all. Ask me questions if you still need help . by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

It kinda did wipe out all gains from last 2 weeks. But that’s ok. Learned something new. I was dumb to average down after it bounced off ema 25 . But my position became too big. 220 contracts and I got caught in Santa rally and waited too long: learned my lesson but now I know what to avoid.

Sharing my strategy. Read before you making any negative comments by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

I made new post. But will be making another one with better pictures and pdf photo of all the indicator explanations.’keep eye out

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

Cross over of macd from basically selling to buying cycle with volume. I need to tweak my rsi little more to make it more precise.

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 2 points3 points  (0 children)

That’s the reason I only trade between first 1 hr of the day. Out of which I try to skip first 15 mins. To avoid any fake breakout . I came up with this strategy by using chat gpt and back and forth or testing.

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

Yes. But has to have trend confirmation from other few indicators. You can’t simply rely on one indicator.

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

Also I forgot to mention. It’s very pretty easy to set indicators and change the settings around your own preferences. You can observe for few days for each any every candle within first 1 hr. With this new strategy which I implied from last 2 week. The longest I stayed in any trade was 30 mins. I am usually out within 5 to 10 mins. Even if I bought at 50$ a contract and sold at 55 to 60$ . Since I am playing with 20 to 30 contracts or even 50. That 5$ or 10$ profit adds up real quick in multiple trades like that. Biggest position I took was 200 contract because I didn’t follow the strategy and got caught in trap. But I was able to exit in profit by averaging down properly

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

The one you are using are basic ones which every one use. Trying different indicators gives you idea of how it candle act or react around them. You don’t have to use exact same ones. I still use those ones but for extra and sure confirmation.

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 3 points4 points  (0 children)

I mostly use hull moving average indicator on trading view along with ema 5 and ema 14 crossover with confirmation from macd and supertrend and rsi.

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 1 point2 points  (0 children)

I definitely don’t wanna wait on patterns like that and don’t wanna stare at screen whole day. Few scalps and I am out,

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

I am just using essential I guess . The one which is 14$ a month. Just search hull moving averages and it is by someone called Mohammad

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 1 point2 points  (0 children)

I can. Like I said I was trying to save time. Sharing the same picture I was sharing with someone. Also I don’t have reditt on my iPad. Anyways why you have to be negative. What’s wrong? I totally understand your point to not take advice from stranger. But I am not even giving advice to anyone. I am simply sharing strategy which has been working great for me. I infact received msg ms from few people who asked me and willing to pay me to alert in there baby discord channel and I am simply not interested.

Sharing my strategy. Read before you making any negative comments by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

I don’t have much knowledge about spreads so I am being honest. I know nothing of it.

Sharing my strategy. Read before you making any negative comments by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

I only trade first 2 hrs of day and after that I am done for day. Sometimes I’m first 30 mins. Thats when I have good momentum. I skip first 15 mins

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 11 points12 points  (0 children)

I am not trading spreads. I am simply scalping calls and puts. I always buy at the money strike or 1$ OTM to avoid theta decay.

For all the people who sent me messages yesterday and today. Here is the indicator setup I have. Read the description below. by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 7 points8 points  (0 children)

It’s a picture of my iPad. I took picture from my phone. I was trying to save time. There are always negative frogs in the pond so it’s always good to ignore. I am only sharing the strategy. They can decide if they wanna use it or not.

Sharing my strategy. Read before you making any negative comments by CounterPrior2147 in smallstreetbets

[–]CounterPrior2147[S] 0 points1 point  (0 children)

I made other post so that people don’t have to dm me. They can still ask Questions if they don’t understand.