checkin 2
well, made a few bad options trades last friday with SPY and TSLA. my investment strategy was to go big or go home. and boy did i go big….in terms of losses. in total i started out with $100k and then ended with $30k. lets see what this next week will bring. hopefully more luck than this past week.
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Positive Mind : good luck for next week mate
TSLA M : i was like you 8 years ago. then i start from paper trading account. achieve 80% win rate every 100 trades for 3 times (tradingview app). my own opinion is that in trading profits isnt important. its the number of wins that counts and trading psychology is very important. im using smart money concept and standard deviation strategy. if u want to go big or go home. go to casino its faster. what u want is consistent win . strategise with proper 3 to 1 RVR.. when your account size gets bigger u can then focus on only high conviction 4 to 1 RvR. every order u place set up your exit plan (ie stop loss order) . only trade stock with strong financials. u can also use leverage etf stocks (ie Spxl tqqq Nvdl Amdl Tsll) if ya account allows. also understand gamma exposure negative and sell side sweep.. if believe that's what happen to u last week affecting ya big loss. good luck
2345566 TSLA M : then now are you doing in orginal money and making profit? because same story now i am win win in oaper trading but stipp confused to start with orignal or not
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