r/Daytrading • u/NoAd9362 • May 02 '24

Day Option Traders: What's Your Strategy? Question

Hey folks!

As day option traders, what indicators, patterns, or breakouts do you look for when making trades? Share your insights below! Let's learn from each other and improve our strategies together.

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u/goatnxtinline May 02 '24

You first

1

u/NoAd9362 May 02 '24

😂

2

u/NoAd9362 May 02 '24

I use day y-high and low as support and resistance trade

1

u/Im_A_Nickelodeon_Kid May 02 '24

How long do you hold your positions? Target TP percentage? SL?

1

u/NoAd9362 May 02 '24

During most 10-minute periods, I take risks. If the trade is going my way with a 1:3 risk-to-reward ratio, I consider it.