How did I know? EVERYTHING moves off fibb levels. If you don’t understand what I’m talking, LEARN about fibonacci levels. Once I learned how to trade using fibb levels, I become profitable
$Tesla (TSLA.US)$ keep in mind… Like I mentioned in the previous topic I do think it can easily start rallying higher. If it breaks this level, it’s going all the way into the 252 range. Just trying to spread some knowledge when trading short dated options. I don’t normally buy weekly expiration options however a move like this TSLA rally is where they can be very useful as long as you enter and EXIT in the correct spots. This is specifically what I’m trying to share.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
103775419 : how did u learn this?
RIPPER OP 103775419 : Research and many many hours teaching myself how to use the tools
RIPPER OP 103775419 : These are the tools you want to start playing around with… Of course, you will never be a professional using them until you have experimented using them for many hours. I cannot tell you how many years it took me of up and down to really start making money. Once you have put enough hours in, it finally all starts to click.
It’s important to mention I have almost put my 10,000 hours in when it comes to trading.
103775419 RIPPER OP : oh wow thats super cool! does fib levels depend on market conditions? or how does it work specifically? cause ive been realising how the market doesnt even go as expected, just like when good news happen, then the stocks will fall and all
RIPPER OP : I’m liking what I see right now……..
RIPPER OP 103775419 : If I could give you a quick answer, I would properly reply however… This is something that would take time to teach