Instruments

• TSLA — primary signal. All setups originate here.
• TSLL — 2X leveraged Tesla ETF. Only used to amplify confirmed TSLA setups.
• Fractional shares required for $500 sizing.
• TSLL is intraday only — hard exit by 12:00 PM ET (theta + IV decay risk).

Setup Criteria

• Opening range defined in first 15 minutes (9:30–9:45 AM ET).
• VWAP as institutional anchor — bias above vs below.
• 9 / 20 EMA stack for trend confirmation.
• Long only when: Price > VWAP AND 9 EMA > 20 EMA
• Short only when: Price < VWAP AND 9 EMA < 20 EMA
• Skip when EMAs are flat — choppy = no edge.

Entry Pattern

• Pullback to VWAP / 9 EMA after opening range break — primary entry.
• Fake breakout reversal — rejection candle at pre-market high/low with volume divergence.
• VWAP reclaim on gap-down recovery — requires 2 consecutive 1m closes above VWAP before entering.
• Require 2 candle confirmations on any breakout. No entries on first breakout candle.

Exit Rules

• Profit target: 3–6% per trade (front-half), 2–3% (late-half).
• Hard stop: -2% per trade. No exceptions.
• Move stops to breakeven at 11:25 AM ET on any open position.
• TSLL hard exit by 12:00 PM ET regardless of P&L.
• Stop trading at 11:30 AM ET (Friday: 11:25 AM hard).

Trading Windows

Position Sizing ($500 account)

• Max risk per trade: ~$5 (1% of capital, well under 2% loss cap).
• TSLA @ ~$380 with $2 stop → ~2.5 fractional shares.
• TSLA @ ~$380 with $4 stop → ~1.25 shares.
• TSLL sizing: ~50% of TSLA share count for equivalent dollar risk.
• Always pre-calculate share counts before market open.

Macro / News Filters

• FOMC days: no trades 1 hour before / after announcement.
• CPI / PPI / NFP: skip 9:58–10:03 AM ISM window; no new entries for 5 min post-print.
• TSLA earnings week: reduce size 50%; no overnight TSLL.
• VIX > 25: tighten stops, half size.

Risk Guardrails

• Hard daily loss limit: 2% of equity ($10 at $500 account).
• Max trades per day: 4.
• No adding to losing positions. Ever.
• If 2 consecutive losses in first window → stop for the day.
• PDT rule ELIMINATED 2026-06-04 (FINRA 26-10): no $25k minimum, no daytrade-count cap. These strategies hold multi-day/overnight regardless.