MarketMatt Channel commented on a stock · Oct 20, 2022 18:36

8:30 strategy session on YT

Strategy:

1. I will be discussing my strategy for today at 8:30 AM on the live stream

2. Planning process, you must have a planning process for the option or stock you were looking to trade or swing for a profit

Determine what entry makes the most sense to start, and then always under bid what you were looking to pay (I called that the nibble)

3. Make sure your option gives you enough time for your strategy to be correct, 0 DTE, Can severely hurt your account

4. Be a winner, Make sure you secure profit, multiple bass hits, or returns of 25 to 50% per trade are much better than waiting on home runs

5. Lastly make sure you have time, for example today, I will be taking my girls to school, I have a doctors appointment in the morning, I have errands to run in the early afternoon, if I do not have time to follow the market and make sure my strategy will play out, I will not trade, you must make sure you have time to focus, or else you might put your account in jeopardy