Option Strategies: META& TSLA
Hello everyone! Today i want to share some option strategies with you!
1.
TRADE PLAN for LOTTO Friday 🔥
$S&P 500(.SPX)$ setting up to test ATH at 6128. SPX through 6128 will set up for a run to 6250+ by March.
SPX 6130C can work above 6110 tomorrow
$Meta Platforms, Inc.(META)$ 731 test coming tomorrow if through we can see 744-750
META 735C is best above 731
$Tesla Motors(TSLA)$ all about 363, TSLA 363 is a breakout for a move to 400 in March.
TSLA 360C best as a lotto above 355 tmrw
2.
I've been trading for almost 15 years. The first 3 years were by far the hardest.
If I had to start over this is what I'd do differently 👇
1. Stop trying to find trades every day. Day trading doesn't mean you need to be in a trade every single day.
2. I'd focus on HIGH QUALITY trade setups. After all these years I found the majority of my P/L came from 10-12 weeks of strong momentum in the market.
3. Never ever average down. It can work 80% of the time but when it goes against you, you can give back months worth of gains.
4. Develop the ability to be patience. Patience is your greatest asset when it comes to trading and investing. Learn to use and right and you will become wealthy.
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