Trading Strategies: .SPX, META& NVDA

EliteOptionsTrader
05-06

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

1.

Anyone that tells you that turning a $500 into $100K is simple are lying. Trading is a way to generate income and wealth but it takes years to develop into a consistently profitable trader.

The first thing you need to figure out is what kind of trading style suits your risk profile first then identify setups that align with that strategy. I've made millions from trading but I've never told anyone trading is easy. It's a grind..

But guess what? Everything is a grind. You just have to choose which path you want to take and commit to it.

2.

$NVIDIA Corp(NVDA)$ Trade Idea: May 10 910C 💡

Trigger: Above 885 📈

Target: 919 🎯

Stop: 877 🛑 NVDA through 900 can test 919, 935 next.

Calls can work above 885 or through 900 for this week

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3.

$Meta Platforms, Inc.(META)$ Trade Idea: May 10 460C 💡

Trigger: Above 452 📈

Target: 469 🎯

Stop: 447 🛑

META above 452 can run to 474. Calls can work above 452 this week.

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4.

$S&P 500(.SPX)$ is setting up for 5300+ this summer if it can defend the 5100 support level this month. Tech stocks can start to bottom this month as well.

If $NVIDIA Corp(NVDA)$ can break above 900 we can see 1000+.

$S&P 500(.SPX)$ I'd stay bullish above 5100 over the next week. Calls can work above 5100 or 5147

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Comments

  • jazzyxx
    05-06
    jazzyxx
    Hey, great trading strategies you shared!
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