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Michael & Esther Profile picture
@SuperLuckeee
Sep 21 • 15 tweets • 5 min read Twitter logo Read on Twitter
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8 high probability set-ups for SPY every trader should know.

These are easy to learn and common so lets review them 🧵

(included my latest swing idea)
#1 reason why trader's lose money is they don't cut their losses quick and end up blowing up their account.

Follow my trading partner @itsmichaelluu to help you fix this bad habit:
What you need to succeed:

1. use 2min-5min time frames for scalping
2. if you risk $0.50 then try at least $1-$2 for your price targets.
3. start with 2-4 contracts only.
4. practice execution and consistency > profits.
5. control your impulses & stay focused
✅Double bottom: Image
✅VWAP breakout: Image
✅LOW OF DAY breakdown: Image
✅Ascending triangle pattern breakout (for morning open within 1st hour) Image
✅Trendline breakout play
Image
Image
✅Opening Range Breakdown play Image
✅Retest (for if you missed the first initial move) Image
✅HIGH OF DAY breakout or breakdown
Image
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This is a perfect example of our strategies working and the guidance and lessons we provide our community:
Disclaimer: Trading is extremely difficult. You most likely will lose all your money before you make money.

Trading results are all performance based and depends on many variables. The chances of you duplicating this trades actual results are unlikely. Image
My latest swing idea which I think is now in undervalued territory is ENPH @enphase

Swing idea
• Jan 17 2025 calls for $180 for $20.25 stop $10 aiming for $70+ to $120+

Small account option:
• Oct 20 2023 calls for $132 for $3.95 stop $3 aim for $8+
@Enphase Follow me @SuperLuckeee for education, market analysis and trade-ideas.

- Retweet this to share with your audience!
- Make sure you ❤️the post below and BOOKMARK this so you can go back and study it later.

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More from @SuperLuckeee

Michael & Esther Profile picture
Sep 16
The best SPY set-ups requires the least amount of trades.

Here's my cheat-sheet for my favorite SPY SPX set-up 🧵: Image
In this 🧵 you'll learn 4 things about my favorite SET-UP:

✅ Technical Analysis
✅ Fundamentals Analysis
✅ Risk Management (2 parts)
✅ Trading Psychology
I made over $32,000+ on Friday using this SPY set-up.

This trade was planned in pre-market (time-stamped). This trade works 70-80% of the time so be sure to use a stop loss.

(Set-up was also explained and alerted in our community LIVE) Image
Read 13 tweets
Michael & Esther Profile picture
Sep 11
How do you know when a trade you enter isn't working?

In this thread 🧵 I'll teach you the 3 skills you need to master in 6min:

✅ Setting stop loss and building discipline to cut losses
✅ Being comfortable with uncertainty and not knowing
✅ Having confidence to stop out
I've grown multiple small accounts this year so I know what to do and how to think
Here's what you need to do first because without this experience and this information you will NOT BE ABLE TO DO THIS.

(99% of trader's skip these 3 steps so they do not have the foundation to fall back on). ⬇️
Read 14 tweets
Michael & Esther Profile picture
Sep 9
After I turned $350 into almost $1,000,000 three years ago,

I learned 4 things that are exactly the same in 2023 🧵 Image
✅1. The strategy to use in this bull market is swing trading LEAPS on the strongest companies (especially if you work full-time).

NVDA
TSLA
MSFT
GOOG
AAPL
AMZN
META

• Choose expiries 1 year from now expiring in 2024-2026.
• Pick strikes as low as possible you can afford Image
I've been bullish on the SPY since the beginning of 2023. We'll end the year in the range $470-$480+ is my estimate.

You can follow my Youtube for all my weekly analysis and FREE options lessons:

youtube.com/@superluckeeet…
Read 10 tweets
Michael & Esther Profile picture
Sep 5
Most traders want to make $500-$1000 trading SPY TSLA options.

But, they have no idea where to start.

Here's how to start with less than $1000 🧵 Image
You need to open an options trading (cash) account with @WebullGlobal @thinkorswim @IBKR and fund the account with $500-$1000.

For our current small account challenge we're using @IBKR.

They allow SPX options trading at 4am EST and allow us to do "SPREADS" to hedge positions.
I'd spend 2 weeks learning about options trading.

I'm going to leave 2 classes I taught our community here for you:

1.
Scalping Options 101 - ABCs

2.
Swing Trading Options 101vimeo.com/851943170/79c1…
vimeo.com/855993138/54d5…
Read 9 tweets
Michael & Esther Profile picture
Aug 31
If you are still struggling to find consistency in trading, study this 🧵

10 years of trading secrets I've taught myself:

• where to buy & when to sell
• what to do when in a trade
• what to think and how to think

(Bookmark so you can study later)
If you are brand new trading and not sure where to start this is step-by-step guide:
Here's the 8 most common SPY set-ups for you to learn and know:
Read 14 tweets
Michael & Esther Profile picture
Aug 23
I turned $5,000 into $25,000+ in 1 day trading $SPY $SPX.

This 🧵 is everything you need to do this exact trade again this month.

(I'm including the next BIG play too) Image
Disclaimer:

• 95% of traders will eventually lose all their money.
• Duplicating this exact result is possible but is highly unlikely and improbable.
• It will require mastery of execution, taking losses, dealing with uncertainty and building a reliable process.
In this lesson you'll learn 🔑

• My thought process & how I can take this trade
• The SPY strategy I use so you can learn it
• What to look for and when to sell
• My risk management process to protect my capital

If you'd like me to start small account again comment "small"
Read 15 tweets

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