PREMARKET SUMMARY
9/20/2021
TOP STOCKS TO WATCH
AT THE MARKET OPEN
$SPY PUTS
STRIKE: $433
EXR: SEP-20-21
TARGET: $428
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$433 SUPPORT LEVEL
STOP LOSS max 30%
IF IT CAN'T STAY
BELOW SUPPORT
$spy CALLS
ONLY IF IT BREAKS PREMARKET
RESISTANCE $436
$UVXY CALLS
STRIKE: $28
EXR: SEP-24-21
TARGEt: $29
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$27.5 RESISTANCE
STOP LOSS MAX 30%
IF IT CAN'T HOLD ABOVE
THE RESISTANCE
HOW I TRADE
I TRADE WEEKLY OPTIONS everyday
FOR OVER 6 YEARS NOW
IN THE PREMARKET i CREATE
A PLAN BASED ON MY EXPERIENCE
OF THOUSANDS OF TRADES
WHEN THE MARKET OPENS
i watch my selection TO BREAK
A SIGNIFICANT LEVEL WHICH
INCREASES THE PROBABILITY
OF further CONTINUATION
to the next resistance
(target)
IF IAM in THE TRADE AND THE
STOCK IS MOVING AGAINST ME OR
NOT MOVING AT ALL I STOP OUT
AND MOVE ON QUICKLY
i USE THE 2 MIN TIMEFRAME
AT THE MARKET OPEN
i USE MOSTLY MARKET ORDER
WHEN PLACING THE TRADES
i ONLY USE LIMIT ORDER IF THE BID
AND ASK PRICE IS TOO WIDE
I USE THE POWER ETRADE PLATFORM
MOST profits i MADE IN
THE FIRST 30 MINUTES
MOST MONEY I LOST AFTER TRADING
LONGER THAN 30 MINUTES
