Boiler Room: The Official Stock Market Discussion

FabTrey

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What are you using to learn ? and how far out are you doing these contracts?

1-3 months out mostly.

i pretty much watch youtube everyday. i'm so cheap, so i like free educations :russ:

1. chart patterns


If you master chart patterns, you could focus solely on trading SPY and QQQ 0DTE all day. But mastery is key. Right now, I’m only trading lotto-sized 0DTEs.


2. options day trading - break out and retest mastery.


this is his partner


3. long term option trading


4. small cap GOAT


but his style doesn't fit me. you must execute the plan like MJ in finals. you have to master the craft or you become a major bag holder. you must be able to get out of the trades with a click of button or hotkeys in 1sec. he doesn't do hard S/L because most of the time he only trades in premarket. you must have robust connection and a great broker, so it doesn't lag.


One lesson I’ve learned: trade rends. Look for earnings beats and high-interest stocks. Buy earnings lottos, and get solid info so you know which ones have potential to pop.

for tomorrow watch APP. if it breaks out the premarket high and retests then buy calls 2-3 months out. scale after 20-30% gain. leave few runners.
 
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Mirin4rmfar

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So glad I didnt take profit, have upped my stop loss throughout the day yesterday, seems like today is gonna be just like that :mjlit:

:shaq: hope this bish goes to 700...lol why not? Companies like Service Now, Hubspot etc are making businesses run more efficiently so why not palantir
 
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