• Daily Trade Ideas

Important points to take note of before the market begins for day/scalp traders.

$SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$

Source: TradingView

Buy Calls/Sell Puts when the price is above 448.80. Take profits when the price reaches 450.40-452.50 or anytime when you’re in profits. [Great]

Buy Puts/Sell Calls when the price is below 446.25. Take profits when the price reaches 442.20-444.50 or anytime when you’re in profits. [Great]

$Invesco QQQ Trust-ETF(QQQ)$ $NASDAQ(.IXIC)$

Source: TradingView

Buy Calls/Sell Puts when the price is above 374.10. Take profits when the price reaches 375.60-376.70 or anytime when you’re in profits. [Great]

Buy Puts/Sell Calls when the price is below 371.40. Take profits when the price reaches 367.50-369.75 or anytime when you’re in profits. [Great]

$Alibaba(BABA)$ $Alibaba(09988)$

Source: TradingView

Buy Calls/Sell Puts when the price is above 98.10. Take profits when the price reaches 99-99.60 or anytime when you’re in profits. [Great]

Buy Puts/Sell Calls when the price is below 96.50. Take profits when the price reaches 95.60-96 or anytime when you’re in profits. [Great]

Set stop-loss according to your risk appetite if you like my ideas and choose to take the triggers. Take profits early if low volume or the price action does not look good. [Victory]

Disclaimer: The levels given are my own opinions and not investment advice. If you choose to follow the trade, do note that you are responsible for your own money. Prioritise your own risk management, expel emotions & focus on your trading plan. [Observation]

Intraday trade strategy/guide:

1. Introduction to J.O.I.T (1)

2. Three Major Types of J.O.I.T(2)

Have an idea to share? Feel free to comment below.