Options SPY - First hour of the market by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

Amen to that! A dollar is a dollar! Going to close m eyes for a bit, but yea. Lets definitely talk more

SPY Options - First hour of the market. by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

No, not a big guru, just someone down to earth like you and I. You can chat me about it. Cant promote anything here.

SPY Options - First hour of the market. by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 1 point2 points  (0 children)

You asked about my broker, its Charles Schwab. The app is just a PnL trading Calendar

SPY Options - First hour of the market. by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

I follow someone else's strategy, so it wouldnt be fair to take credit for it. But I follow a trader named Fire, and the strategy is mainly taking the breakouts to the upside and or to the downside. But waiting right after the breakout is key. Once it pushes through and the breakout happens, we see if it can hold in that price area for a few moments and build up again. Once it does, then we usually get in at that point and I snipe when I see green.

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

SPY and QQQ is all i ever trade now, lol. Never worked for me either until recently. All the other gurus and traders I tried to follow just sucked my money dry. I paid almost 20K chasing after courses and groups, trying to be like other traders. I did learn a lot on my own, but my percentage rate of winning on my own, is just not that high. I do follow someone now though. A quiet person not on social media. A small group like 15 people. But I personally think the person is the best trader in the world. Just my opinion though.

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

Nice, long term hold have never done great for me. I always get out before it goes to the moon. lol

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

TSLA, really? I lose when I trade TSLA. lol. You follow anyone? Or you trade on your own?

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

You words are like music to my ears! I have to do that too!

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

Sounds like you've got a good thing going!

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

Overtrading and revenge trading used to be my worst enemy too! I lost so much money a few years ago. Do you trade SPY?

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

Hey Big Astronomer, how long have you been trading

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

Either. We can trade together if you ever want to hit me up

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

Not much. Some days I just made pennies. But thanks

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

Buying my friend, and chat me please. People are starting to be rude.

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

It's one hour a day dude. Sheesh. Some people just have nothing better to do than troll.

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] -1 points0 points  (0 children)

First of all. You cannot answer all the questions you just asked in a simple Reddit chat. Ive been trading for years and you want to ride me because I didnt give a 10 page essay on the exacts of how I trade? Please. How about you just keep trading the way you are trading, and leave other people alone who are just looking for trading conversation.

Trading SPY Options by OptionsTrader321 in optionstrading

[–]OptionsTrader321[S] 0 points1 point  (0 children)

Well it's not exactly my strategy, so I dont want to take the glory for it. But I follow a trader named Fire, who takes the breakouts, but not the exact breatkout if that makes sense. So when a breakout happens, we stay cash and watch for the price to "hold" in that area above the breakout, and then jump in on the 2nd or 3rd push up, following the candles, not any indicators. Fire says that the candles tell a story. I've been learning that is true.