Garrett = A+ teammate. I have been using this simple entry technique with a lot of (modest) success. I'm an 82 yo Expat hobby trader and enjoy all of SMB's presentations. You folks are super, authentic and amazing instructors. Thank you, and all the best from Bangkok! 🙂
I took an SPY call options trade today based on these MACD settings, which gave me a perfect entry. Thanks for sharing this! I'm going keep using it in my trading career.
Great presentation here! Thank for sharing these strategies! Lately nvda has been moving with big swings in both directions and I am certain the pros are making a killing. The MACD alone is not enough to know where the market is headed but definitely a core indicator.
I love all SMB videos. My disaster of a couple weeks ago was similar but resulted completely different than the second example. It made the hair on the back of my neck stand when I saw how close the puts being sold were ever so slightly below the stock price. I had sold the puts on 0DTE spx even more below with only 14 minutes left to trade. Price hit my short puts which went parabolic and I ran out time selling instead the itm put for way cheap. Thankfully with short puts at insane levels I put a small limit order that got filled resulting in an almost 2k loss. Realized I was basically gambling and will not soon forget my spanking. Had it worked profit was about only 1100. Had I not put my limit order that miraculously was taken, it would have been a 7k loss
Well done! I've been wondering about MACD. I've been using BB and RSI for my entry setups. My question is, @15:16 the MACD gives you your entry signal, but later on it goes on to cross over itself again and head to the zero line, how did you know to stay in the trade? If I was watching the MACD in this example, I might have thought the price would follow it down and exit the trade, but you held and made profit, do you ignore the MACD after you enter your trade? Also, with a Zero DTE PCS, are you setting a profit target in a GTC order when you enter the trade, or are you manually exiting?
On momentum trades if you intend to manually exit you will like need to exit with a market order otherwise project a profit target and submit and submit an exit order. During high volume trading often limit orders do not get filled. It's best to paper trade this execution find to find what works best for you. Take a look at the various order types: stop, OCO, multi OCO, etc.
I also just thought you could potentially get secondary confirmation with a stochastic RSI when it goes back to 0 if the Stochastic RSI is above 80 or 20 and flips, and I haven’t back tested it but I’m almost willing to bet money it may show it with the right settings since the price action at that point will move based on momentum and the momentum will build, and a huge move usually has a lot of momentum (RSI flip) in one direction or another. In my head I can almost already see what the Stoch RSI might look like for this setup.
Love this video!! Thank you for sharing your knowledge without holding anything back. Watching this again. I knew you couldn’t look at put volume and assume because it’s so high that the whales are betting on it going down because they could be bullish
Thanks SMB team for this tutorial. Could you explain, what is the profit taking criteria of the trade and how do you manage the trade if it turns against you ?
I realized that the secret to making a million is saving for better investment. I always tell myself you don't that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.
Thanks for the continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
YES!!! That's exactly her name (Daniela Montori) so many people have recommended highly about her and am just starting with her from Brisbane Australia 🇭🇲
This sort of makes sense when you think about it. When you have volume you have lots of momentum. You need momentum to break support and resistance levels anyway, right? So if you have enough momentum to break the support level or crash back through it (rejection) then there is the potential for the price to go back to that level again and beyond. Sort of like the tide going in or the tide going out. The more momentum now, the more momentum that can happen later once the dam breaks because the people who want the opportunity on a high volume day won’t be denied and FOMO will also kick in too. If anything the setup just mimics psychology.
I'm confused as to why any options chains I look at don't show Delta the same way as yours. Nothing I've looked at shows -20 or -30. The ones I have access to go between -0.000# and -0.99##.
I have a question about the 1st A plus strategy. Why would you use the 0 DTE option instead of just shorting NVDA? Is it because option will allow a larger leverage than just shorting the stock?
Using long options allows better returns if you're right on the direction and you can risk less if you're wrong compared to long or short the underline.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Ronal’💯
Great video! Thank you! But I don't understand, what was the reason for buying the $857.5 puts? You have sold $867.5 puts and you have made money ($2750), but what was the reason to buy puts and make it expire worthless? Thanks again!
A couple if reasons. If you're trading on margin the buying power to sell those puts in NVDA would be huge, to offset this and reduce the amount of BP, buying these puts will do that. 2. In the event a sudden market decline, these puts bought help you hedge against it
Why do these have to be 0DTE? It would seem you could follow the strategy on any day and simply close the Long PUT at the end of the day for a profit or let the Bull Put Credit spread run for a few days, let theta do its job, and then take some profit.
Does it make a difference between using candles on MACD? Doesn't the MACD candles also uses volume within the candles? I never saw anyone uses line before.
I can see how the MACD helped you pinpoint your entry but how did you know that NVDA was going to crash that day??? I remember that day, I bought a Call😞
Why didn't you demo a couple of the Index tickers such as SPX and RUT, which could be traded in the same way every day of the week? Why stick only to NVDA, which cannot be traded using this style on any day of the week other than Friday?? Common SMB, you can do better than that!
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states
WTH are you guys talking about there is no 0dte on NVDA unless its a friday. What happened to SMB? You guys use to be a legit firm now your using click bait and indicators?. I am sorry but your pathetic desperation is showing.
Garrett = A+ teammate. I have been using this simple entry technique with a lot of (modest) success. I'm an 82 yo Expat hobby trader and enjoy all of SMB's presentations. You folks are super, authentic and amazing instructors. Thank you, and all the best from Bangkok! 🙂
I took an SPY call options trade today based on these MACD settings, which gave me a perfect entry. Thanks for sharing this! I'm going keep using it in my trading career.
Great presentation here! Thank for sharing these strategies! Lately nvda has been moving with big swings in both directions and I am certain the pros are making a killing. The MACD alone is not enough to know where the market is headed but definitely a core indicator.
I love all SMB videos. My disaster of a couple weeks ago was similar but resulted completely different than the second example. It made the hair on the back of my neck stand when I saw how close the puts being sold were ever so slightly below the stock price. I had sold the puts on 0DTE spx even more below with only 14 minutes left to trade. Price hit my short puts which went parabolic and I ran out time selling instead the itm put for way cheap. Thankfully with short puts at insane levels I put a small limit order that got filled resulting in an almost 2k loss. Realized I was basically gambling and will not soon forget my spanking. Had it worked profit was about only 1100. Had I not put my limit order that miraculously was taken, it would have been a 7k loss
Well done! I've been wondering about MACD. I've been using BB and RSI for my entry setups. My question is, @15:16 the MACD gives you your entry signal, but later on it goes on to cross over itself again and head to the zero line, how did you know to stay in the trade? If I was watching the MACD in this example, I might have thought the price would follow it down and exit the trade, but you held and made profit, do you ignore the MACD after you enter your trade? Also, with a Zero DTE PCS, are you setting a profit target in a GTC order when you enter the trade, or are you manually exiting?
On momentum trades if you intend to manually exit you will like need to exit with a market order otherwise project a profit target and submit and submit an exit order. During high volume trading often limit orders do not get filled. It's best to paper trade this execution find to find what works best for you. Take a look at the various order types: stop, OCO, multi OCO, etc.
@@matthewkramer8613 Thanks for the suggestion, I use ToS, it has a paper trading feature, I'll check it out to run some tests.
Really amazing and insightful ... JUst one thing what will be Stop-loss or which tool we can use for same?
What a fantastic video. I've just started watching your channel. Going to dig in a bit more now
This has been my apprehension. TY
I also just thought you could potentially get secondary confirmation with a stochastic RSI when it goes back to 0 if the Stochastic RSI is above 80 or 20 and flips, and I haven’t back tested it but I’m almost willing to bet money it may show it with the right settings since the price action at that point will move based on momentum and the momentum will build, and a huge move usually has a lot of momentum (RSI flip) in one direction or another. In my head I can almost already see what the Stoch RSI might look like for this setup.
Love this video!! Thank you for sharing your knowledge without holding anything back.
Watching this again. I knew you couldn’t look at put volume and assume because it’s so high that the whales are betting on it going down because they could be bullish
Thank you for the great content. A must for a trader at all levels.
Cool Trade setup!
What is your win percentage
Approx. on the delta 30
OTM trades?
Thanks SMB team for this tutorial. Could you explain, what is the profit taking criteria of the trade and how do you manage the trade if it turns against you ?
Gr8 vid! What are the settings of the moving averages though? Is the MA simple or exponential?
Thank you Thankyou A Thousand Thankyou to this Video it very help me to understand to use Macd to profitable Trade❤❤❤❤❤
I realized that the secret to making a million is saving for better investment. I always tell myself you don't that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.
Thanks for the continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
I'm favoured financially, Thank you Jesus
$32,000
weekly profit regardless of how bad it gets on the economy.
Get yourself a discretionary fund manager like Daniela Montori, I learnt my lesson
She's a licensed broker here in the states.
YES!!! That's exactly her name (Daniela Montori) so many people have recommended highly about her and am just starting with her from Brisbane Australia 🇭🇲
Wow,great video,ill backtest this tomorow
This sort of makes sense when you think about it. When you have volume you have lots of momentum. You need momentum to break support and resistance levels anyway, right? So if you have enough momentum to break the support level or crash back through it (rejection) then there is the potential for the price to go back to that level again and beyond. Sort of like the tide going in or the tide going out. The more momentum now, the more momentum that can happen later once the dam breaks because the people who want the opportunity on a high volume day won’t be denied and FOMO will also kick in too. If anything the setup just mimics psychology.
I’m assuming these options are sold before market close? Or can you close/sell a position if it expires ITM for the $ equivalent of the options?
Amazing education, thank you!!!
Sir, what are the MACD settings, that we can use on Expert option on 1 Minute time frame...?
7:14 excellent . I will try this now
Would like to better understand the exit strategy on this one. i.e. just let it ride to expiry vs. some exit signal missing in the video? Thanks!
I’m confused. At the end of the day, ODTE puts would suffer Theta decay? When does that kick in?
What's the settings for the ema's?
What chart platform is that?
Can this strategy be applied in trading forex
Big thanks, I'll reach out to her ASAP.
I'm confused as to why any options chains I look at don't show Delta the same way as yours. Nothing I've looked at shows -20 or -30. The ones I have access to go between -0.000# and -0.99##.
By 10 am cst ?
I have a question about the 1st A plus strategy. Why would you use the 0 DTE option instead of just shorting NVDA? Is it because option will allow a larger leverage than just shorting the stock?
Using long options allows better returns if you're right on the direction and you can risk less if you're wrong compared to long or short the underline.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Ronal’💯
he’s mostly on Telegrams, using the user.
@R o n a l f x 2.
Thank you Ronal’ for your TA 💯. I’m excited how my trading is going so far. I’m on $1m challenge right now. Already earning $35k weekly
Sir Ronal's trading strategy is the best 💯. Making 7lakh biweekly is incredible! | Enjoyed a fun-filled retirement with amazing vacations!
Sir Ronal’ has offered profits to investors who wish to recover losses including myself and it’s a great honor to be part of them 🥳
Great video! Thank you! But I don't understand, what was the reason for buying the $857.5 puts? You have sold $867.5 puts and you have made money ($2750), but what was the reason to buy puts and make it expire worthless? Thanks again!
A couple if reasons.
If you're trading on margin the buying power to sell those puts in NVDA would be huge, to offset this and reduce the amount of BP, buying these puts will do that.
2. In the event a sudden market decline, these puts bought help you hedge against it
Did you collect historical backtesting on this?
Very good video, thanks!
Elevated IV/Premiums over the last couple weeks have favored selling options
Massive value! thank you. :)
Why do these have to be 0DTE? It would seem you could follow the strategy on any day and simply close the Long PUT at the end of the day for a profit or let the Bull Put Credit spread run for a few days, let theta do its job, and then take some profit.
Does it make a difference between using candles on MACD? Doesn't the MACD candles also uses volume within the candles? I never saw anyone uses line before.
Standard Macd doesn't use volume.
Excellent!
I can see how the MACD helped you pinpoint your entry but how did you know that NVDA was going to crash that day??? I remember that day, I bought a Call😞
Breaking major support
Why does SMB still make videos?
Garrett is a nerd and it is a good thing. Nerds make money, way more than jocks.
So I sleep at times cause of a night shift schedule
You all have a video on swing trading options
Good one!
This is our competition. I doubt they’re telling us what we need to hear to defeat them.
They are legit
Macd 3,9,5
Why didn't you demo a couple of the Index tickers such as SPX and RUT, which could be traded in the same way every day of the week? Why stick only to NVDA, which cannot be traded using this style on any day of the week other than Friday?? Common SMB, you can do better than that!
Anytime i see that old guy, it always something super complex.
‘Trust me bro’ 😂
More like: take the trade and the institutions move the stock against you, then stop out.
This is all monday morning quarterbacking. All of it. Why dont you show us live?
The title of the video ' Super Accurate MACD Strategy for 0DTE Options Trading. But the entire video is about NVIDA?
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
WTH are you guys talking about there is no 0dte on NVDA unless its a friday. What happened to SMB? You guys use to be a legit firm now your using click bait and indicators?. I am sorry but your pathetic desperation is showing.
no 0dte on nvda...unless they mean friday on the weekly
Pattern trader rules have killed 0dte as a market.
Moore Michelle White Paul Johnson Kenneth
He doesn't use the macD
He hid the macd histogram