PREMARKET SUMMARY
5/25/2021
$TIGR calls
STRIKE: $17.5
EXR: JUN-18-21
TARGET: $19
MY POTENTIAL ENTRY:
BREAK OF PREMARKET HIGHS
AND CAN HOLD ABOVE IT
STOP LOSS 30%
$COIN CALLS
STRIKE: $230
EXR: MAY-28-21
TARGET: $235
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$229 RESISTANCE ZONE
STOP LOSS 30%
$NVDA CALLS
STRIKE: $635
EXR: MAY-28-21
TARGET: $645
MY POTENTIAL ENTRY:
AFTER THE BREAK OF THE
$635 RESISTANCE AND CAN
HOLD ABOVE IT
STOP LOSS 30%
YOU DON'T NEED A HIGH WIN RATE
OR BIG ACCOUNT TO BE PROFITABLE
SMALL POSITION
+
STOP LOSS IS KEY
CUT LOSSES QUICKLY
LET WINNERS RUN
THAT'S THE POWER OF OPTIONS
EXAMPLE Q1 PROFITS
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.