Trust The Levels - Trade Options In ThinkOrSwim

[METAL]

What a day. I missed the big move as I was at physical therapy.
I did end the day green with a total of $1,239.00 Profit.

Sm & LG Acct. PLTR:

BABA:

SPX

 

[Free1971]

@METAL Do you have a spreadsheet of your daily performance for your small challenge account that you would be willing to share? I would love to see your progress as I try to mirror what you have done. I am assuming you started with $1000?

 

[METAL]

@METAL Do you have a spreadsheet of your daily performance for your small challenge account that you would be willing to share? I would love to see your progress as I try to mirror what you have done. I am assuming you started with $1000?

I started with $600.00. As of today I am at $3,400.00 ish. I do not have a spreadsheet? I have posted some of them on this forum. I will try to post everyday in here. I have no issues helping people. So if you have questions just ask.
I missed posting yesterday but here is what I did.
Sm Acct:

Lg Acct:

 

[Free1971]

I started with $600.00. As of today I am at $3,400.00 ish. I do not have a spreadsheet? I have posted some of them on this forum. I will try to post everyday in here. I have no issues helping people. So if you have questions just ask.
I missed posting yesterday but here is what I did.
Sm Acct:
View attachment 24540
Lg Acct:
View attachment 24541

@METAL Thank you! You are a big help to me and the community.

 

[mnunez021]

@METAL I noticed that the LRC will only show on the 2 min chart, not the 5 min. Is that by design? I am accustomed to using the 5 min

 

[greekstrader]

@METAL This is a great strategy! One thing I’m trying to better understand is how you're drawing the support and resistance lines. I know you’re doing it manually, but do you have a rule of thumb or specific guidelines you follow—especially in the context of this LRC strategy? I'd really appreciate it if you could elaborate a bit on your approach.

Also, I read that you do manual watchlist, can you elaborate you approach on that (what does it include and what is your criteria)?

 

[METAL]

@METAL This is a great strategy! One thing I’m trying to better understand is how you're drawing the support and resistance lines. I know you’re doing it manually, but do you have a rule of thumb or specific guidelines you follow—especially in the context of this LRC strategy? I'd really appreciate it if you could elaborate a bit on your approach.

Also, I read that you do manual watchlist, can you elaborate you approach on that (what does it include and what is your criteria)?

I will create a video showing how I provide my S?R levels, L-LRC Levels, Etc.
My watchlists are simply place holders. I have Call/PUT watchlists that I add the options contracts every morning before and after market starts.

 

[METAL]

@METAL I noticed that the LRC will only show on the 2 min chart, not the 5 min. Is that by design? I am accustomed to using the 5 min

It works on all time frames. Make sure you are using V5.

 

[METAL]

A banger of a day. I missed posting the last couple of days. Been real busy. I did well on the Lg acct but had a Loss on Monday and Wednesday. Small 30.00 profit on Tuesday.
I hope everyone has an amazing weekend and Happy Easter!
Todays Trades-
SM Acct:

LG Acct:

NVDA:

AMZN:

SPX using QQQ

PLTR:

 

[METAL]

Todays Trades- $4,577.00
LG Acct:

SM Acct:

NVDA: Loss -$140.00

PLTR:

TSLA:

AAPL:

SPY- SM Acct:

 

[greekstrader]

I will create a video showing how I provide my S?R levels, L-LRC Levels, Etc.
My watchlists are simply place holders. I have Call/PUT watchlists that I add the options contracts every morning before and after market starts.

Hi @METAL just wanted to see if you had time to put this together?

Even if there is no video, a brief description on your rule of thumb or specific guidelines you follow—especially in the context of this LRC strategy for the S/R lines that you manually draw would be greatly helpful. Thanks!

 

[METAL]

Hi @METAL just wanted to see if you had time to put this together?

Even if there is no video, a brief description on your rule of thumb or specific guidelines you follow—especially in the context of this LRC strategy for the S/R lines that you manually draw would be greatly helpful. Thanks!

I have an outline on page 1.

 

[METAL]

Todays Trades - $4,775.00 Profit!
Lg Acct:

SM Acct:

PLTR:

TSLA -$250.00 Loss

AAPL:

SPX- LG Acct: $3,000.00
SPY-SM Acct: $180.00

 

[greekstrader]

I have an outline on page 1.

Thanks @METAL I see you have about these major levels, but can you elaborate on how you draw them or how you determine it as a major level? Basically the pink and green lines that you have manually drawn. Thanks!

 

[Tillearn]

@METAL It looks like you are mainly following the EMA and Support/Resistances bounces, and not the regression levels although that could be an additional confirmation. From the screenshots and following the charts and entries/exits on that day, that's what I feel. please correct me if I'm mistaken. Great work though, that is awesome. and much thanks for posting your updates.

 

[METAL]

@METAL It looks like you are mainly following the EMA and Support/Resistances bounces, and not the regression levels although that could be an additional confirmation. From the screenshots and following the charts and entries/exits on that day, that's what I feel. please correct me if I'm mistaken. Great work though, that is awesome. and much thanks for posting your updates.

I do use the 20 EMA / 200EMA as directional confirmation as well as my S/R levels. The S?R levels do take precedence as I do not want to trade into them. The LRC is used for entries as well as for target levels. I also use the market as as confluence. The 20EMA is used for exiting and or adding to position on pullbacks. I also use the manually drawn L-LRC's as well. They are a huge part of my trading.

 

[Free1971]

@METAL How is your small account going? I am making small gains. $300 Yesterday, $130 today. Do you target cheaper options on your small account? If so, do you have a good method for finding them? I find I can only make 2 to 3 trades a day due to the settlement of funds in my account.

 

[METAL]

Mondays:
LG Acct: $350.00 Profit

SM ACCT:

Tuesdays Trades:
LGH Acct: $6,000.00 Profit!

Sm Acct: Lost $59.00

 

[METAL]

Todays Trades: Hope everyone had a GREAT Day!
LG Acct: $2,501.00 Profit

SM Acct: $131.00 Profit

AMZN:

META:

MSTR: Loss

PLTR

TSLA:

 

[fire580]

I can't find METAL'S GRID - I downloaded it previously but can't find it again, can anyone help me find it's location for download?