ET Reddit Mentions | ChartExchange

Day 3, Week 15. Green. It is not a challenge, doing normal trades as all of you 🙂
50% profit in 9min for the day. If I listened to people saying I was dreaming to get 5-10% per month and not achievable day trading, I would never have started.
Today, I was tempted to trade SPY later in the day. I am bored, so I traded IWM. With the levels between 300 and 305, it is oscillating between this. It is so easy to get burnt, badly if you do not take your profit.
I prefer to trade IWM in the morning as SPY is after market open and later in the day.
I could have stayed a few more minutes and got 100% profit. No, not a greedy day today for me. Being greedy will cause my downfall, maybe not the 1-3 days but it will happen.
No need to work for years at the mercy of an employer like the job market is doing now. All the high paying IT and corporate job people who were pessimistic about the job market and AI last year about less job opportunity and reduced salary are changing their tune now 😅 Glad I am starting to secure myself before redundency hits.
As I write this at 10.11 ET, I am done for today.
If you hesitate to get in, use money you can afford to lose to practice. That's it.
I never use Risk Reward (RR) ratio in any of my calculations, it works for some people, but this maths does not work for small accounts and if you want to be really be profitable.
No fancy options strategy like iron condor, selling etc. Using simple EMAs, VWAP etc to see the trends and levels.
One and done: 20 contracts = $300 total profit.
Total options cost = $ 600
50 % profit
Time in Trade : 9 min. A little morning glory trade 🤤
Life is short. You do not need many trading days to grow an account. It is the same if you do options or futures, start small. If you shit in your pants after the first trade and lose in second trade on same day, stop being silly and only do one trade or take a break of 15min before trying second trade.
Started with $300, just 3 contracts, 15 weeks ago, and growing it to $60,000 with 1 trade a day in 6 months target. If you were also trading, even $10 per contract per day, you will have progressed a lot.
My trading plan and strategy is trading one trade a day, 2-5 times a week depending on availability.
It is not a shame to trade with 1 contract. Shame or pride does not give you profits.
If you are learning by yourself, give it 2-3 months to see how you are progressing.
If you believe I am lucky every day with the trades and posts 🤷🏻‍♂️ so be it. I believe I have no choice, to put in the effort and keep doing, any loss is my loss as it is me executing my own trades and money.
I only day trade options on ETFs like SPY, QQQ, IWM etc. Timestamp on the broker is UK time. So, entry time of 2.54 is 9.54 ET.
I trade on my phone, screenshot is from TastyTrade.

.dark-mode .rqqCbp{ color: white; background-color: #333333; border: 2px solid white; }.light-mode .rqqCbp{ color: #333333; background-color: white; border: 2px solid #333333; }ETEnergy Transfer LP Common Units representing limited partner interestsstock NYSE

ET
Energy Transfer LP Common Units representing limited partner interests
stock NYSE