To The Moon

Hello everyone! Today I want to share some trading strategies with u! Hope it can help you!

1.

$NVIDIA Corp(NVDA)$ strong bounce here after dipping to 853.. 20 pt bounce.. We should see 900 by Wednesday.. Calls can work as long as 867 holds

$S&P 500(.SPX)$ held above 5100 on the dip earlier.. setting up for 5147 next as long as 5100 holds

$Tesla Motors(TSLA)$ to 200 in play, best to close above 190 by tomorrow.

2.

Creating a 𝗧𝗥𝗔𝗗𝗘 𝗣𝗟𝗔𝗡 for every trade I take is what helped me become a multi-millionaire day trader. Let me explain below A Trade Plan has 3 components:

1 - Trigger: Reasoning for entering a trade- There must be a good reason such as a technical breakout/ dip buy at a key support level. I only enter trades I am confident in.

2 - Target: Where you’re going to take profits- This can be a personal money target or a technical level based on a stock price

3 - Stop loss: How much are you willing to lose per trade without affecting your emotional state? The answer is different for every trader

Why are they so important?

1 - Risk Management: A trade plan helps you manage risk by defining a maximum potential loss before entering a trade. This prevents emotional decision making and limits your losses

2 - Profit Targets: Setting clear profit targets and a taking strategy helps lock in gains and reduces the chance of winning trades turning into losers

3- Consistency: Following a well defined plan consistently increases the probability of long-term success by removing randomness and allows for a systematic approach to each trade

Trade Plan Example 

Trigger: Buy $NVIDIA Corp(NVDA)$ $900 calls if price breaks above $867. Allocate 3% of trading account to this trade because I am confident.

Target/Profit taking: Scale out of the position at 40%, 70%, and 100% profit levels. Sell remaining contracts before $900 psychological resistance. If NVDA closes above $900, consider rolling 20-50% of profits into $930 calls expiring next week

Stop loss: Cut the trade if NVDA rejects at $867 and closes under on a daily candle Post trade: Journal what happened and reflect.

Analyze what worked, what didn't, and whether you followed your plan. Take screenshots and note entries and exits. Refine your strategy based on your notes Without a trade plan, traders are more likely to make emotional/impulsive decisions, hold positions for too long, or take profits too early causing inconsistent results and struggle.

Every successful trader trades with well defined plans and structure for consistent results. If you want to have long-term success trading options make sure you create plans AND follow them.

Remember: Those who fail to plan, plan to fail.

3.

Trade plan for Tuesday

$S&P 500(.SPX)$ consolidation day after gapping up to 5114. SPX back tested 5100 a few times and held. SPX if it holds 5100 after FOMC It can run to 5179-5200 5140C can work above 5120

$NVIDIA Corp(NVDA)$ can run to 900 leading into FOMC. Possible we see 919-935 by Fri 910C can work above 885

$Tesla Motors(TSLA)$ if it closes near 200 this week it can run to 216+ in May 200C can work above 195

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