There are tons of great trading strategies out there. This is what I use and have found it to be very successful. Please invest in yourself and study hard! If I can figure this stuff out, anyone can. 😊 Wishing the best to all of you!
Here are the individual links.
Charts, candlestick patterns and support/resistance
Learning candlestick bible dl.kohanfx.com/pdf/the-candle…
Learning options basics
Okay, I cheated my way through Econ in college so all you Econ gurus dont @Me but please add helpful tips to the community so we all can grow. 😊
I have been asked many times how I determine my plays for the day. There are 3 things that I look at in the morning before open.
Investing.com for futures and Finviz.com for the economic calendar. For example, if the S&P 500, NASDAQ and DOW are green, I will look at tech and growth stocks for possible calls. NVDA, MSFT, AAPL, AMZN, GOOGL, TSLA, etc. And of course the ETFs
SPY QQQ SPX XLK. Commodities: If crude oil is up I will look at oil plays. OXY DVN CVX XOM FANG MPO and the ETF XLE. When gold and/or the 10 year treasury yield is up, then I will look at growth and tech for a possible downside. When the 10 year treasury yield increases but
short term rates stay, I will look at banks for a possible upside.
Also I look at the economic calendar. FOMC, CPI, GDP, etc can have a huge effect on the stock market and create a ton of volatility up or down.
Premarket: I always have these charts up every day: SPY QQQ SPX VXX NVDA AMD AAPL MSFT AMZN GOOGL and also TSLA ARKK FB. You could literally play these tickers alone and never open another chart. But I do! I have tickers on group charts by sector. So in the A.M. I will scan these
groups for a trend. Here are a few examples: Chips, banks, China stocks, BTC.
Hope this helps! Much success to you all. ♥️
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