I started learning trading during the beginning of the pandemic back in 2020. I tried so many things initially, but then I sort of found my niche in options scalp trading.
I mostly scalp 1-4 DTE options (and lately 8 DTE options on Fridays) on individual mid-cap and large-cap stocks and occasionally monthly options on penny stocks.
My average trade time is under 10 minutes, and I almost never hold my options positions overnight.
My usual times to trade are from the market open till around 11 am and then for a brief period after 2 pm.
I try to take advantage of the short bounces / pullbacks that follow overreactions in the 1-minute chart and keep track of the price actions.
The only indicator I use now is the VWAP.
https://i.redd.it/kngaqpo2031d1.jpeg
Posted by QuirkyAverageJoe
7 Comments
Congrats 👏🎉 Hard work and discipline paid off !👏💪
Well done. I like the part where it didn’t go negative.
Cum, lol.
Had me at CUM Pnl
nice job bro just stick to ur system and increase position size and youll make more money
Congrats & fuck you.
Long term level headed gain post is much better than 0dte options degenerates. Next 50k will be much faster.
Curious, in the beginning you had couple of spikes. What happened? Seems you changed strategy after that?