I've taken $500→ $1,415 in 7 days for my small account challenge🚀

Here’s how I found the stocks to trade✅

(a mini-thread)🧵
👇👇👇

For the small account challenge, I focus on scalping options for a quick 10-30% gain. I always have $SPX on my watchlist, as it is my focus for this challenge. Then every morning I go through a list of specific stocks to see if any of them are moving/gapping.
I'll take a look at… $AAPL, $AMZN, $BA, $FB, $ROKU, $SHOP, $NFLX, $MSFT, $TSLA, $NVDA, and $AMD. These are all just stocks that have solid options volume and I have played them a lot in the past.
I am always looking for where the momentum is. If none of those stocks are gapping up/down strongly then I don’t look at them. I want to see which stocks are moving fast and have good options volume. Here’s what I’ll do next👇
I will go to https://t.co/C2Ol1qiopJ and look for the gap ups and gap downs list. Then, I will look for stocks that are higher priced (above $100 is best but not too important) and gapping in a certain direction.
If I find a stock I like, I’ll add it to my watchlist.
But what stocks do I like?
I’ll tell ya👇
I look for stocks that are gapping up to ATH or stocks gapping down to a quality demand zone (see pinned tweet for supply/demand zones)📌
I generally just want to find where the “momentum” is and then draw my institutional levels on the chart. (Knowing how to draw institutional levels may be put out in a future thread)👀
From there, I wait for the market to open and trade based on my levels and supply/demand.

The process doesn’t need to be that complicated. Sometimes I’ll even find stocks on twitter that people are looking at.
It really comes down to finding stocks that have momentum, or are approaching a quality supply/demand zone. I typically just trade $SPX or $TSLA because that’s my specialty and I like how those names move.
If you’d like to follow me along on my small account challenge (SAC) journey...

Feel free to give me a follow and DM me to join my discord where I give out alerts.

Leave a like + RT if this helped. If y’all show me enough love, I’ll do another thread going over my story.

More from FT Trading┃Stock Trader

I made 68 threads in 2022...

exposing everything I've learned in my 5 years of being a trader

Here's all of them:🧵

Before I dive in, it would mean the world to like + RT the tweet above to spread the knowledge with others👆

I take personal time out of my day to make these for you for FREE

When others are charging $5,000 courses for the same info...

Ok, LETS DIVE IN 👇

1/68

https://t.co/3W1wqqqyCx


2/68
https://t.co/1Uu2G7YxFF


3/68
https://t.co/sSzDTHrAKp

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