SPX 0DTE Debit Spread

Entry Logic

• Entry Trigger: Buy a debit spread on SPX.
• Confirmation: Directional bias.
• Timeframe: 5-minute chart.
• Location: N/A.
• Market Condition: Trending market.

Exit Logic

• Profit Target: 50% of the max profit.
• Scaling Out: N/A.
• Trailing Stop: N/A.
• Signal Failure: N/A.
• Opposite Signal: N/A.
• Time Expiration: Close by end of day.
• Momentum Loss: N/A.

Stop Loss Structure

• Hard Stop: 50% of the debit paid.
• Soft Stop: N/A.
• Max Dollar Loss: $250 per trade.
• Max Percent Loss: 50% of the debit paid.
• Structural Stop: N/A.

Risk Management Framework

• Risk Per Trade: 1% of account balance.
• Daily Limit: 2 losing trades.
• Weekly Limit: 4% drawdown.
• Max Drawdown: 10% of account balance.
• R:R Requirement: Minimum 1:1.

Position Sizing Model

• Sizing Approach: Fixed dollar amount per trade.
• Volatility Adjustment: N/A.
• Conviction Sizing: N/A.
• Scaling In: N/A.
• Scaling Out: N/A.

Trade Filtering

• Market Conditions: Trending market.
• Setups: N/A.
• Instruments: SPX.
• Time Restrictions: Any.
• Chop/News Avoidance: N/A.

Context Framework

• Trend Direction: Aligned with the trade direction.
• VWAP Relationship: N/A.
• MA Relationship: N/A.
• Range Location: N/A.
• Higher TF Alignment: N/A.

Trade Management Rules

• Breakeven: N/A.
• Scale Out: N/A.
• Add Size: N/A.
• Fast vs Slow Moves: N/A.

Time Rules

• Optimal Window: Any.
• Times to Avoid: N/A.
• Session Notes: N/A.

Setup Classification

• A+ Criteria: Strong trend with technical confirmation.
• A Criteria: Trend.
• B Criteria: Weak trend.
• C Criteria: Avoid.

Market Selection Criteria

• Instruments: SPX.
• Volume: High.
• Volatility: Any.

Statistical Edge Metrics

• Win Rate: 50%.
• Avg Win: 50%.
• Avg Loss: 50%.
• Profit Factor: 1.0.
• Expectancy: Neutral.

Failure Conditions

• Strategy Fails: In a range-bound market.
• Specific Scenarios: A sudden reversal.

Psychological Rules

• Mental Discipline: Be directional.

Advanced Components

• Regime Detection: N/A.
• Filters: N/A.
• Correlation: N/A.
• MTF Alignment: N/A.

Location

• Strongest: In a trending market.
• Weakest: In a range-bound market.