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How to get started trading signals on Robinhood for stock options (11-7-22 - 11-11-22) Part 1
Starter video for trading inspiration on my stock options signals. Mini text tutorial below:
NO INVESTMENT ADVICE
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our Discord channel constitutes a solicitation, recommendation, endorsement, or offer by GPortalNFT or any third-party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this site is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the channel constitutes professional and/or financial advice, nor does any information on the channel constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. GPortalNFT is not a fiduciary by virtue of any person’s use of or access to the channel or content. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content on the channel before making any decisions based on such information or other content. In exchange for using the channel, you agree not to hold GPortalNFT, its affiliates, or any third-party service provider liable for any possible claim for damages arising from any decision you make based on information or other content made available to you through the channel.
INVESTMENT RISKS
There are risks associated with investing in securities. Investing in stocks, bonds, exchange-traded funds, mutual funds, and money market funds involves the risk of loss. Loss of principal is possible. Some high-risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including greater volatility, political, economic, and currency risks, as well as differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.
Video Chapters
0:00 Interpreting Trading Signals
3:19 Buying from the Signals
5:15 Adding to Watchlist
7:07 Stop Limit Orders
9:12 Pending Orders
10:09 Trading Stats
11:09 Proper Trading Practices
12:36 Robinhood Trading Fees
13:16 - Day Trade Settings
16:23 Robinhood Trading Fees (Cont.)
17:20 Expirations, Bids, and Ask
18:38 Trading Monday (11-7-22)
19:10 Wash Sale Rule
21:50 Trading Tuesday (11-8-22)
28:01 Selling without the Sell Signal
36:22 End of Trading Day (11-8-22)
38:22 Trading Wednesday (11-9-22)
48:51 Trading Thursday (11-10-22)
51:20 Missed a play?
55:24 The Ultimate Goal
57:42 Disclaimer
57:54 Final Trade of the week
Try the following playlist for further explanations and visuals explaining options basics like with the Greeks: https://www.youtube.com/playlist?list=PLAQmAy43kdp4VbUhSztSIF9mzrW1BA66l
Feeling good about options? If you've made it this far, next we have signals!
Entries will be represented through alerts in the following format:
"(Chop - 1hr)" - Chop indicator at the 1hr timeframe
"Long Entry triggered" / "Short Entry triggered" - Indicator Entry found to go long (make a call) or go short (make a put).
"For NVDA @ 123.78" - set a buy limit or market order for stock NVIDIA with a ticker of NVDA as the trigger occurred at $123.78.
"Rare Signal from 03-19-22 - 09-23-22" - Occurs 10-30 between the timeframe mentioned.
Frequency of trades (testing period - 6 months to a year)
Super Rare (1-10)
Rare (10-30)
Less Rare (30-50)
Fairly Frequent (50-100)
Frequent (100+)
"Winrate going long:" / "Winrate going short:" - Winrate for long and short indicators.
"Average gain going long:" / "Average gain going short:" - Average gain in points and percentage going long or short.
"Average time held going long:" / "Average time held going short:" - Average time an option is held before it is sold into profit
You are the sole dictator of how much risk you are willing to take. These signals can be used to make incredible gains each and every day but I would like to exercise caution when working with a 'principal' amount of investment.
When you receive a sell signal you may interpret it in much the same way as a buy signal but it's time to sell now! You will see the price the sell was triggered at and you want to exit as soon as you can.
"ST Long Exit" - Indicator ST found a price for us to sell out of our long position. "sell on NVDA @ 124.29" - sell the call option for ticker NVDA now at $124.29"
The remainder of text in the signal will remain consistent with the entry signal and of no consequence to the sale. That's it!
Congratulations! You've completed the mini tutorial of getting started with trading options! For a more thorough guide follow me on twitter @theignroante.
Main Channel: https://www.youtube.com/@theignorantentrepreneur
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