Trade Ideas for Fri Feb 13
Solid trading yesterday morning. Choppy grind recovery. What will today bring?
What a flush again!
I wasn’t planning for a big short, and attempted a couple of logs after the dip. That said, was able to target credt sells with both bear calls and bull puts that went to 0 by end of day!
Once 693 broke then 690, it was clear 686 was coming. The “shocker” was the 686 break for the flush almost into 680. That said it was super choppy in afternoon letting us take advantage of decay~
Here is a FREE Lesson on why I went back short after getting stopped on my runners earlier this week.
Process = Profits
Lately I’ve been doing the following:
Premarket establish where we likely wont reach. Sell premium for 0.8-0.60 on open.
After 11: second positioning of credit sells.
After 3:30: start hawking/planning for a Spectre Special
What’s a Spectre Special? A yolo trade that goes 300-1000% in under 30 min.
FREE LESSON on catching eod exhaustion
If you are tired of overtrading, not knowing how to plan trades, and want to make more in less time, come join us.
What is Two Hour Trading?
Two Hour Trading is my system for finding and executing trades while spending less than two hours a day trading. My goal is to earn 100-300% on the capital I risk while waiting for 1000%+ gain trades to set up. Key benefits include:
High-quality trades with excellent reward vs. risk
Avoiding overtrading and losses from it
Trading to win vs. trading not to lose
Stacking the deck in your favor
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SPY Traps: Survive 682 Breakout Fakes
Premarket bounce to 682 eyes failed reversal amid pivot pressure
Market Context
SPY premarket closed at 682.02 after ranging 678.57-683.00, sitting below pivot 685.29 and resistances. Last 5 days show choppy action with multiple failed breaks above 690 and below 675, multi-day high 697.14, low 676.96. Bias neutral to bearish below pivot, watch for rejection at 683 premarket high.
