PREMARKET SUMMARY
1/24/2022
TOP STOCKS TO WATCH
AT THE MARKET OPEN
WHEN THE MARKET OPENS I WAIT AND WATCH
WHICH STOCK CAN BREAK A SIGNIFICANT LEVEL
FOR POTENTIAL CONTINUATION
$SPY PUTS
STRIKE: $436
EXR: JAN-24-22
TARGET: $429
MY POTENTIAL ENTRY:
AFTER A BOUNCE TO TEST
THE $439 RESISTANCE
STOP LOSS max 30%
if it can't STAY BELOW
the RESISTANCE
$SPY STRANGLE
ALTERNATIVE STRATEGY
$2 out of the money strikes
on each side
SPY CALLS
SPY PUTS
exr: jan-24-22
MY POTENTIAL ENTRY:
AT THE MARKET OPEN
SELL WHEN PROFIT
STOP LOSS max 30%
IF NO BIG MOVE HAPPENS
WITHIN 60 MINutes
$SPY CALLS
SWING TRADE
TILL FRIDAY
STRIKE: $430
EXR: JAN-28-22
TARGET: $450
MY POTENTIAL ENTRY:
PULLBACK TO 430 425 AREA
EXTRA PATIENCE
STOP LOSS max 30%
if it can't STAY ABOVE
the SUPPORT LEVELS
$UVXY calls
STRIKE: $19
EXR: JAN-28-22
TARGET: $22
MY POTENTIAL ENTRY:
AFTER A PULLBACK TO TEST
THE $18.2 SUPPORT
STOP LOSS max 30%
if it can't STAY above
the SUPPORT
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
THIS IS MY PREMARKET THAT I CREATE
EVERYDAY FOR MYSELF TO PREPARE
FOR THE MARKET OPEN
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