PREMARKET SUMMARY
7/23/2021
$snap CALLS
STRIKE: $76
EXR: JUL-23-21
TARGET: $80
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$75 RESISTANCe and
can hold above it
STOP LOSS 30%
$fb CALLS
STRIKE: $362.5
EXR: JUL-23-21
TARGET: $367.5
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$362.5 RESISTANCE AND
CAN HOLD ABOVE IT
STOP LOSS 30%
$SPY PUTS
STRIKE: $439
EXR: jul-26-21
holding till monday
MY POTENTIAL ENTRY:
only if spy goes to the
$440 resistance area
STOP LOSS 30%
SMALL POSITION
+
STOP LOSS IS KEY
CUT LOSSES QUICKLY
LET WINNERS RUN
LEARN FROM MY EXPERIENCE
after thousands of trades
MOST MONEY I MADE WITHIN
THE FIRST 30 MINUTES
90% of my losses happened
after trading longer
than 30 minutes
STAY GREEN
SECURE PROFITS
STOP TRADING
STOP LOSS: MY MAX LOSS
TOLERANCE OF ANY TRADE IS 30%
THE ESTIMATED TARGET DOESN'T
MEAN THAT THE STOCK OR ETF
WILL GO TO THE TARGET.
ONLY THE PRICE ACTION AT THE
MARKET OPEN MATTERS
TRADE ON YOUR OWN
BEGINNER GUIDE:
NO EXPERIENCE AND OR CAN'T
TOLERATE ANY LOSSES:
ONLY PAPER TRADING
SOME EXPERIENCE AND CAN
TOLERATE SMALL LOSSES:
ONLY 1 CONTRACT
(MAX $300)
STOCKS CAN SUDDENLY CRASH DOWN
OR BURST TO THE UPSIDE.