Had a big come back, I was down approximately 45k at one point. Loss after loss after loss.

    Shifted my strategy to options that are “safer,” also I stopped attempting to earn large returns, I sold after 10% returns on average.

    My main strategy was SPY calls, I would wait for a quick sell off, and buy in. If it went against me, I would buy more. Cut loses at 25%.

    I would buy calls depending on how i perceived sentiment. I strongly believe what makes a trader successful, is if he or she can effectively gauge sentiment. Not lines on a chart and dumb shit like “bollinger bands.”

    I do not consider myself a successful trading overall, but I can say that sentiment is everything.

    My strategy will work until it doesn’t.

    https://www.reddit.com/gallery/1g0r0fb

    Posted by ilovegambling0dte

    29 Comments

    1. Bro I have 18k and lost 45k peep my post today that’s hilarious. Thanks for giving a regard some much needed hope.

    2. Crash_OverRide805 on

      It looks like you have a SPY refresh timer that tells you updated percentage changes on the top of your screen.

    3. MagneticDustin on

      What length of expiry options were you buying? And how far out was your strike, percentage wise, normally?

    4. ilovegambling0dte on

      Also if you’re under 25k, switch to a cash account. This will allow you to trade more than 3 times in a 5 day period

    5. Far-Requirement9180 on

      Nailed it: avoid technical chart reading AKA “dumb shit” lol ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)

    6. You are up 104%. In Italy, “Law 104” is the law about regarded’s rights. It cannot be a coincidence. Congratulation!

    7. Yup. Sentiment is important. People forget the entire market is based around supply and demand.

    8. How does one do this as beginner with around $500 dollars? I’m a student-athlete in college and I’m trying to make money fast while still learning some important stock market concepts.

    9. You know how they say the market crashes when you buy calls and runs as soon as you buy puts? I’m convinced that as soon as you make a post like this one you’ll never make another winning trade again.

    10. Emergency_Seaweed_69 on

      Take a huge profit. Let it sit in cash, sit on your hands and breath for a bit man. Leave a bit in to let it roll and enjoy the comeback

    11. I would take a few months off and pick up a new hobby. Come back with a clearer mind.

      One day I will come back and will heed this advice. Congratulations

    12. At least you realize that. . should work through nov /Dec. after that. You’re on your own signed RANDY RANDO FROM REDDIT

    13. How many total option trades did you make first question, second ,how many losses did you take along the way?

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