Trading Strategies: .SPX, NVDA, TSLA& SMCI
Hello everyone! Today i want to share some trading stratgies with you! Hope it can help you!
1.
Premarket plan
$S&P 500(.SPX)$ can test 5000 at the open, if it closes above 5k we can see a pop to 5038 by Wednesday. Calls can work above 5000
$NVIDIA Corp(NVDA)$ oversold in the short term, above 770 can test 800 this week. Calls can work above 770
$SUPER MICRO COMPUTER INC(SMCI)$ if this can defend 700 over the next 2 days it can pop up 70 pts this week. Calls can work above 700
$NVIDIA Corp(NVDA)$ held 770 now at 785+.. possible we see 800 by tomorrow. Calls working so far above 770 if you bought
$S&P 500(.SPX)$ higher low from last Friday, possible we see 5000 by tomorrow, above can run another 40 pts
$Tesla Motors(TSLA)$ let it drop to 128, price action still very weak. earnings coming up tmrw
2.
How to Bounce Back from a losing Streak with Trading If you've been in the red for the past two weeks, you must follow these steps if you want to get back on track to winning consistently
1. Journal and analyze your losing trades. Identify any patterns and make necessary adjustments to your strategy
2. Be patient and wait for the best setups to form. Momentum is when the market is in your favor
3. Avoid doubling down and oversizing to make up for previous losses
4. Reduce your position size to rebuild confidence in your trading
5. Don't blindly follow anyone. That's a recipe for failure 6. Create a trade plan and stick to it Everyone loses. Everyone faces setbacks.
How you handle losing is a testament to your character and your how successful you can become in the future. In the face of defeat, you have to learn and get better. This is the way.
Follow me to learn more about analysis!!
https://twitter.com/EliteOptions2
Follow me to learn more about analysis!!
https://twitter.com/EliteOptions2
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Premarket plan
$S&P 500(.SPX)$ setting up for 5038 test again today.. If it gets through we can see 5100 by Friday. Calls can work as long as 5k holds this week
$NVIDIA Corp(NVDA)$ up 11 premarket.. setting up for $829+ by Friday if the market can hold up here. Calls can work above $800
$SUPER MICRO COMPUTER INC(SMCI)$ setting up for $800+ by Friday if it holds a higher low above $715 today. Calls can work above $715