Sold 5 contracts - letting most ride now
Nice $1k day so I’m up to giving out 1k sats to #nostr
You know the drill — comment what you are grateful for 🙏🏾
Discussion
People who make the world a little better every day
What's the thesis on Walmart?
Won't theta eat away at your gains if it doesn't pump?
I mean, trade is working 👏 but I don't understand how you did it lol.
One of my favorite setups is when it's basing. Institutions like to accumulate a position in the sideways price movement. This is stage 1 accumulation. Since it held $84.80 i was comfortable holding my position even when it dropped earlier this morning. I made sure to scale out some contracts because this level where it closed was a spot where profit taking occurred and/or limit orders being filled.
Theta is indeed working but since it has two weeks it won't eat much of my contracts until the week of, unless, however it dumps massively.
I typically like to buy red candles than breakouts.
Thankful for my family and health!
Health no doubt, and working on it to get better. Most important thing we overlook when in the fiat mines.
Amen 🙌🏽
👀 amazing trader.
I’m grateful for having a productive day.