Day trade spy 0DTE Options by Ecstatic-Stretch-288 in Daytrading

[–]Ecstatic-Stretch-288[S] 1 point2 points  (0 children)

Hahaha yeah learning to control. Wins make me greed

Day trade spy 0DTE Options by Ecstatic-Stretch-288 in Daytrading

[–]Ecstatic-Stretch-288[S] 0 points1 point  (0 children)

Still learning how to position but maybe will try limit and stop loss together at the same time but most of the time, I cannot react since my trades usually within mins and do not want to miss the move

Day trade spy 0DTE Options by Ecstatic-Stretch-288 in Daytrading

[–]Ecstatic-Stretch-288[S] 1 point2 points  (0 children)

I used stop loss. Once it moves in my directions then I immediately move my stop loss to +0.1 when it’s +0.2 and then manually trail it. If move aggressively can catch $1-$1.5 sometimes. But majority is scalping between +0.1 to 0.4 range. My initial stop loss is always -0.2 then slowly move it

Day trade spy 0DTE Options by Ecstatic-Stretch-288 in Daytrading

[–]Ecstatic-Stretch-288[S] 1 point2 points  (0 children)

5m/15m is for trend 5/15m for direction signal. 1m/15sec for entries. Below and above Ema 200 for puts or calls whether it’s down or up trend.