SPCE sure looks like a big ole cup & handle

19 Jan 2021

SPCE sure looks like a big ole cup & handle. I just picked up 1/22 expiry $31-32 strangle. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
tradingview.com/u/growerik/

19 Jan 2021

Dagangan aktif

1/22 expiry $31-32 strangle

20 Jan 2021

Dagangan ditutup secara manual

I liquidated everything at open the first 5 minutes

26 Jan 2021

Dagangan aktif

Cup & Handle confirmed. Hahaha
$40 call
$44 put

26 Jan 2021

Dagangan aktif

Added a $43 put & $45 call to lock in profit and give more opportunity for more profit when at $44. So basically I just strangled my strangle. Lol

27 Jan 2021

Nota

Pre market 4:21am
Hit a high $47.99

27 Jan 2021

Dagangan ditutup: sasaran tercapai