Trading Strategies: .SPX, TSLA& NFLX

EliteOptionsTrader
03-26

Hello everyone! Today i want to share some trading strategies with you!

1.

Example:

$Tesla Motors(TSLA)$ above 251- Resistance from past 2 weeks gapped above- Bullish

$S&P 500(.SPX)$ Friday was bottoming above 5600- printed a higher low on the weekly chart

More positive news flow in $Tesla Motors(TSLA)$ the past few days

Lining up the Index with the individual stocks in terms of technical levels can set up for a solid trade. TSLA ended up running from 251 to 288 in a few days

2.

Recognizing that you feel FOMO is the first step to stopping yourself from acting upon it. So if you can recognize your emotions in real time and be self aware it can help you control yourself and make the right decision

3.

1. Practice more patience. When i first started i was very anxious to be in a trade once that bell range.

2. Self control- The feelings of FOMO, revenge trading were strong in the beginning.

3. Gratitude.- Respecting my profits. $500 in an hour is a lot of money so appreciate it!

4.

TRADE PLAN for Wednesday 📈

$S&P 500(.SPX)$ consolidation day after a 100 pt move yesterday. SPX through 5800 we can see 5880-5900 next.

SPX 5820C best above 5800

$Tesla Motors(TSLA)$ setting up for a move to 300 by Friday. TSLA defended 276 on the dip today, We have Q1 delivery numbers coming up on April 2nd as well.

TSLA 295C best above 285 tmrw

$Netflix(NFLX)$ if it breaks above 1000 we can see another push towards 1020-1030

NFLX 1015C best above 1000

Follow me to learn more about analysis!!

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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