IWM
iShares Russell 2000 ETF
stock NYSE ETF

Options on ETFs like SPY, QQQ, IWM. Long calls/puts. Last 18 weeks been trading mainly IWM and occasionally SPY as it first my currently schedule. I used to trade maily SPY later in the day like you see in my 2 youtube vids, only 2 vids from last year in my channel, will add more soon. When I started, I saw that to make money, less time watching chart as I work full time alsok, is to trade the NY exchanges, NY seesions, any time of day you can make money consistently - like at least 2 times a week. Other l don't bother and also I could access from UK brokers which offer these ETFs options when I started.

Who knew that IWM likes higher rates. Amazing.

IWM falling off so hard I'm selling calls with 14DTE
an eternity in WSB time

IWM hasnt priced in a hike yet i wonder if they really expect a hold 🤔

Another day, another nonsensical all day stall and fake pump from IWM when rate hikes are guaranteed and it has done nothing but cope pump for a full year and a half in anticipation of 4 more rate cuts that never happened and now most definitely will not happen.

IWM making no sense as usual

methinks i’ll buy some 0dte puts on IWM at open

IWM puts anyone?

IWM will do that till the official decision, people dont trust warsh just yet

IWM not even down 1%. Typical seasonal rotation

# DOW GREEN
# IWM GOING GREEN
# SPY AND QQQ NEXT
# WE ARENT GOING DOWN GET OVER IT

I’ve been building and backtesting several rule-based intraday strategies for SPY/QQQ/IWM and recently moved them into automated paper forward testing.
The setup is **TradingView alerts paper**, trading 1 ATM 0DTE option contract per signal. Each strategy has its own virtual **$1,000 account**, max 2 trades/day, and I’m keeping the strategies frozen instead of modifying them after every loss.
Strategies currently running:
* **SPY ORB + Volume:** 15-min opening range breakout with volume confirmation and OR-low structural stop.
* **QQQ/IWM ORB 2-Bar:** breakout confirmation with underlying SL/3R target.
* **S2 SPY Trendline:** my custom resistance-trendline breakout + volume strategy with a ratcheting higher-low structural stop and 60-min max hold.
* **EMA20 Pullback:** trend + pullback into EMA20 + reversal candle.
* **VWAP Rejection:** rejection/reclaim of session VWAP with reversal candle.
My historical testing was encouraging for some strategies. For example, S2 had **351 underlying signals, 58% favorable at 60 min**, and its real historical 0DTE options test produced roughly **PF 1.23** with the structural exit. Other strategies were deliberately kept even when their historical results weren't great because I want forward data rather than continuously optimizing the backtest.
# Forward results so far
After the first several trading days:
**ORB SPY:** 3 trades, 0W/3L, **−$162**
**QQQ ORB:** 5 trades, 1W/4L, **−$85**
**IWM ORB:** 1 trade, 0W/1L, **−$7**
**S2 SPY:** 2 trades, 0W/2L, **−$31**
**VWAP Long:** 1 trade, 0W/1L, **−$18**
**EMA20:** no executed trades yet
So clearly the early forward results are **much uglier than the backtests**.
But the sample is also tiny, so I don't want to start changing rules after 2–5 trades and end up curve-fitting the forward test too.
One thing I'm already noticing is how different **0DTE option performance can be from the underlying signal**. I've had cases where the underlying never touched the strategy stop, but the option still lost 20%+ because the move didn't happen quickly enough.
For experienced systematic/options traders: **would you keep running this unchanged and collect 30–50+ trades per strategy, or do these early results already suggest problems with my methodology?**
I'm particularly interested in what you would examine to determine whether the difference is **normal variance, backtest overfitting, 0DTE decay/spreads, paper-vs-historical execution assumptions, or simply strategies with no real edge**.
I'm looking for criticism/guidance more than validation.