‼️more education on stuff i look for‼️

✍️📚📖✍️

day like yesterday, market was super red and turned super green

before any of this i will say, WAIT FOR CONFIRMATION, don’t try to catch exact top or bottom

days like this i watch for, strength against the market

for example
if market is ripping and super green, look for put setups on tickers that are weak or red

when market turns back other way, those weaker stocks should die much faster

additionally, finding bearish setups while market is bull ripping can provide nice entries
if market is dying, search for some overall bullish setups on stocks that are still green/strong

again, when market turns, they should rip

a red day in a bullish overall trend can be a nice dip buy!!

again WAIT FOR CONFIRMATION don’t try to guess top or bottom of reversal!
when i say “setups” i am referring to the daily chart^

sometimes if a stock was ripping, a super red day will make it look ugly short term

however if u look at daily and zoom out it is right on trend

that is a perfect dip buy opportunity

#StockMarket #options #stocks

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More from @HappyGTrades

10 Jul
📚💥EDUCATIONAL THREAD💥📚

topic recommended by @MullinsMomentum :

how do you know which options contract to take? (+greeks explanation)

i’ll be going over what i do to choose the correct contract whether it’s a scalp, longer day trade or swing trade

i’ll keep it SIMPLE!
the greeks: important to know how contracts move and what different factors go into them. i will define them as simply as possible

DELTA:
-the amount your contract increases in value for a $1 move of the stock

-the further in the money you are, the higher delta will be
GAMMA:
-the rate of change for delta for a $1 move in the stock

-as the stock moves, the delta value moves..how much will the delta move based on a $1 stock movement though? gamma tells you this

-gamma is highest at the money and decreases as you go further out or in the money
Read 22 tweets
14 Jun
🔥📚EDUCATIONAL THREAD📚🔥

how do i make my watchlists?

what aspects of charting take prominence over the others?

let me first mention...no i do not have a scanner, no i don’t scan for setups

i have a big list of tickers i go thru every night. that’s what works for me
summary:

1) gap fills + awesome risk/reward
2) overall chart patterns/trend breaks
3) sector similarity
4) “inside days”/mini consolidation
5) levels and price targets
6) go back thru, which will most likely occur based on momo+sector
1) Risk/Reward Ratio

the first thing i look for are tickers with a NOTICEABLY good risk/reward ratio

when identifying this i pretty much immediately notice it if the ticker has a major gap to fill

gap fill setups imo are the best risk/reward

pics attached
Read 14 tweets
29 May
📚EDUCATION THREAD📚

what do i do if it rips past my trigger point on open?

MANYYY people have asked this question, as this is a common occurrence

i answered as detailed as possible, enjoy and learn!😁
there are a few ways i personally play this...

1) immediately buy on trigger break

this is one technique i have done a lot. no matter what, my trigger point will usually be a major daily resistance
if it rips thru the trigger that indeed means that it just ripped thru a major resistance level

just realize you will probably have slap ask it to get in quick enough

this SHOULD NOT be more than a scalp
Read 13 tweets
5 May
🔥INFORMATIONAL THREAD🔥

CRITICAL to my style + always useful!
‼️📝‼️

lots of my plays deal with resistance/support breaks

-what happens after that is what is most critical for my style, this is how i choose my triggers

-when a stock breaks a resistance it’ll basically either
1) just moon and form a big green candle followed by another

2) it’ll form a red candle right after...seeing if the previous resistance now holds as a support

in #2, if the previous res. successfully holds as a new support, the stock should take a leg up
if it doesn’t hold as a new support, then it is a fakeout

in #1, and a successful support hold of #2, both are safe to hold long

if it fails to hold in #2, gotta cut

the same is true for the opposite way when going short...also true for most time frames
Read 5 tweets

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