$4 Profit
QQQLong Option
marketmakers

5min & 1min charts. Qs came down at open making l.o.d. Bounced nicely up to make new h.o.d. Pulled back from h.o.d. to the breakout/retest level, bounced up & once it broke structural high, entered. Switched to 1min chart to get a better view of when to exit. Went up nicely. Had profit target & stop criteria. Didn't hit profit target but when current candle broke below the low of the previous candle, exited for small profit. Great exit/plan because Qs dumped back down to l.o.d.

000

Newsletters:TimChallenge
Broker:Schwab
DatePrice
Entry3/6/20240.88
Exit3/6/20240.92
  • Total Views19
  • Position Size1
  • Percentage4.55%
  • Option TypeCALL
  • Strike444.0
  • Expiration3/7/2024
Proof
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