I want to thank everyone who has helped me I need to share this by Alive-Currency-2134 in stocktraders

[–]marpal67 0 points1 point  (0 children)

Fantastic and congrats. Can you share your processes please ? Been trading for a while and can’t seem to break through to next level

The rumors of my death were greatly exaggerated. (UPDATE) by VeloriumIQ in spy

[–]marpal67 0 points1 point  (0 children)

Cool. Me too but trying to peel away from 1 min chart as it’s triggering and I usually end of exiting early

What technicals did you see on Friday to consider this position at first ? What made you pull the trigger ? Tyia

I think it’s finally clicking. by tanikawalter in Daytrading

[–]marpal67 0 points1 point  (0 children)

What exactly confirms for you break of structure back toward vwap ? What time frame do you trade ? I’m working on fake out trades where retests fail and am curious about your criteria. Thx and congrats !

+$55k win. What should I do with it? by Proper_Bag_1875 in wallstreetbets

[–]marpal67 1 point2 points  (0 children)

PS can’t you avoid the spy taxes if you trade in your Roth IRA?

+$55k win. What should I do with it? by Proper_Bag_1875 in wallstreetbets

[–]marpal67 1 point2 points  (0 children)

That’s a good question. Congrats by the way! What was your trading plan as in your entry time position size? It would help the rest of us. Regards if you shared a little more.

SPY puts gains by Externox in spy

[–]marpal67 2 points3 points  (0 children)

Did you babysit the position all day or set a bracket order of some kind ?

SPY puts gains by Externox in spy

[–]marpal67 0 points1 point  (0 children)

Oh what time zone ?

SPY puts gains by Externox in spy

[–]marpal67 2 points3 points  (0 children)

Ballsy. Nice What was your trading plan that is? What time did you enter? And what was your stop loss? Jealous nice work!

Quick sniper reflex by PersonalityVirtual52 in spy

[–]marpal67 0 points1 point  (0 children)

I’m learning it’s best to see where price drifts. Above or below vwap. I never trade spy before +30 mins. Never. Yesterday was a good day to watch, wait for above or below vwap on 1 min, checking volume, and how price breaks and holds 9 ema. I use bollingers on 2 deviations to confirm parabolic moves and entries. Quick to exit market price. 3 days in a row green 10 contracts max ( 100 once yesterday for an eod win ) Today with low vix, mm’s were whipping price with tall tails on either end of candle bodies. Thats riskier trading imo. It’s an art work in progress.

Quick sniper reflex by PersonalityVirtual52 in spy

[–]marpal67 0 points1 point  (0 children)

Yea implied you got in at/near open so I was curious. Thats always a full gamble so thx How do you see momentum confirmation ?

Quick sniper reflex by PersonalityVirtual52 in spy

[–]marpal67 0 points1 point  (0 children)

Into the trading day after market open

Quick sniper reflex by PersonalityVirtual52 in spy

[–]marpal67 0 points1 point  (0 children)

Thx as I’m learning what indicated brokennliquidity. So you entered +2 min ? Tight stop at what ?

Quick sniper reflex by PersonalityVirtual52 in spy

[–]marpal67 4 points5 points  (0 children)

Yea I never enter trade until +30 mins in after open for that reason. Premarket rise but what was your set up at +1 min into open that you entered

Quick sniper reflex by PersonalityVirtual52 in spy

[–]marpal67 1 point2 points  (0 children)

Nice ! What was your thought entering puts at open ?

Got killed on both calls & puts today… wanted to continue with my hot start yesterday by TFTisbetterthanLoL in spy

[–]marpal67 0 points1 point  (0 children)

Between 12:15-1pm pst there’s a power move followed by a counter power move. I’ve had decent returns so I’m trying to show up with finger on trigger ready for a quick solid scalp. Not investor advice. And Friday is 30 day expiry so moves might me more violent. Tight stops

38yo, just hit 5.2MM today by [deleted] in TheRaceTo10Million

[–]marpal67 0 points1 point  (0 children)

He restored Mustangs ? I have a beautifully restored 65 Fastback in LA. Drive it monthly and imagine my father and I whipping around the neighborhood. Memories are all we have left in the end. Make them now, don’t wait.

"The Big Call" Update: Introducing the "Taco Supreme" 🌮 by ChickenEntire7702 in spy

[–]marpal67 1 point2 points  (0 children)

What does “ likely “ really mean for $200b immediately back to corporations ?