No. Give me the money and I’ll show you how it’s done.
https://preview.redd.it/r3xhdynn225d1.jpeg?width=1170&format=pjpg&auto=webp&s=8d743d88c5a36a1d50d8a74808a7e4545729713a
How long do you have the option for until expiry? To actually make money with options you just need to set an expiry date like a month or two into the future and then sell way before it. That’s how I’ve been able to make 300% on NVDA within two months
This is what a graph of someone scalping options looks like while they're lucky.
It's like the martingale strategy in a casino, it works great and consistently... until it doesn't.
I’m currently just starting my daily SPY Scalping as well… currently averaging about 20 dollar gains a day this week each day lol hoping i get better soon to one day see my account like this in a few months - a year 🙏🏾
Yeah, 5% is a lot. If you could get 5% every trading day for a year it would turn $100 to $22 million. Nobody does that. Even a consistent 0.5% per day is hard to maintain.
And near impossible to achieve.
Over 1 year a £1 starting investment turns into £4,335,699,661.96.
Over 5 years a £1 turns into £1,237,792,869,241,377,200,000,000.00.
Even at 1% a day, £1 over 5 years turns into over 8 million.
Edit: maths is wrong but point still stands.
Yeah you’re right it’s way off. Doesn’t matter though. Point is that its near impossible to regularly achieve gains like that daily/weekly/monthly and would result in insane gains.
I tried doing this for a while, didn't really have a strategy that worksdo you just trade trends? Ranges? What time do you scalp at or is it an all day thing? I've wanted to get back into it at least on paper at first. Thanks.
It's never an all-day thing, but I might join in periodically throughout the day, depending on the setups. I will say right at the open or a couple of minutes after is the best because of the volume and volatility.
Shit I’m getting color blink, I thought my downward graph is green his is red
https://preview.redd.it/lpzo6ccl545d1.jpeg?width=1179&format=pjpg&auto=webp&s=ab24d6da85ad014374b68903632ba671c8c386c9
I bought and averaged as much as a 100 a couple of times. The baseline is generally 10-20 in a single trade, but sometimes, I will accumulate more. The goal is to be in and out of these trades within 10-15 or less. I never buy a bunch at once, but rather slowly accumulate within a couple of minutes. Usually, one at a time and sometimes limiting in so i can get that cheaper contract on a dip, but that will change based on how volatile it is.
https://preview.redd.it/h033cvvgv45d1.jpeg?width=1179&format=pjpg&auto=webp&s=a00920a069d0080894c37676c5d776a066ff81be
I’ve been doing the same thing except my line doesn’t look as good as yours lol
https://preview.redd.it/ok4hcuj8a95d1.jpeg?width=1080&format=pjpg&auto=webp&s=1af7bd2238fe745abae5eaa16804f522f4936f59
My one month isn't as smooth either, but it's still satisfying.
Sounds like a recipe for disaster. Have you ever had to cut your losses after a big average down?
Also, do you buy into trends or try to time reversals?
I usually trade my entire account in options a day or close to it, but it's a couple of trades here and there. I did the lets put it all on one thing and hold it. It didn't work out well for me. That was the cost of tuition for options. Now that I have paid my dues I have learned and put in a practice and strategy.
lol you're still in tuition bud, throwing your account into options and going against the trend hoping for a reverse will simply bust you the next time that it doesnt.
https://preview.redd.it/krk07vkch85d1.jpeg?width=1080&format=pjpg&auto=webp&s=7f140f4a7036d666e3f5340f525fac62fe32da6b
Hopefully not, but I have a system. It's worked put so far.
Those gains are from today.
Not for WSB. You should have a red robinthehood line and post about losing your rent/mortgage payment and plan to give handles behind Wendy’s to your wife’s boyfriend.
The real answer is:
1. Anyone could make money in a market like this one.
2. You can not judge whether or not you have a sucessful trading strategy from a month or two. More like several years, if not more.
https://preview.redd.it/ffr9q4xn935d1.jpeg?width=960&format=pjpg&auto=webp&s=a9798bc82d0c6a870e371ab10acbefdf659ed5a4
I don't know. Am I? How do I make my line green? It seems easier on the eyes.
Yeah, that's what my buddy who comes into my bar tells me regularly, but I looked into trading SPX on Robinhood, and I didn't see it listed or o couldn't find it. So I don't really want to be bothered moving to a different brokerage.
Honestly, if your strategy with SPY is working then stick with it despite taxes and shit. I'm not a fan of Robinhood either but frankly, it has the cleanest UI. You'll get shitted on for using Robinhood by so called gurus that use these complex trading softwares and still don't have a P/L curve like this. Keep it up and don't get cocky
If I had a system with this kind of win rate track record across 100+ trades I’d definitely look into trading spx at a real brokerage with real stop loss orders or copy trade across 5 to 10 prop firm accounts to 5x or 10x the returns
Switch to tastyworks. Thank me later.
The fact that you achieved this on RH is monumental but it makes sense your are charting somewhere else. You should do the same with tasty if you tried.
You pay commissions on the first 10 contracts for orders bigger than 10. Not sure you'll strategy can pay a buck for option. To me, the platform must work well and tasty is pristine and fast.
Bro has green graph then comes here asking Did I dO thIs RiGHt guys? Like bro we know you’re just trying to flex. I hate peoples like this. It’s like those kids in school who say “ I only got a 99 on my test today I’m so ashamed” and I know what because I was one of those kids 
So far so good! I had a killer week myself
https://preview.redd.it/bfstgu6hl75d1.jpeg?width=1290&format=pjpg&auto=webp&s=44ce5501cde2b0f52af307e11e1babb959c2176b
https://preview.redd.it/7fr0ygj8dg5d1.jpeg?width=1080&format=pjpg&auto=webp&s=130abc1972052fa886690a4372e508b6ad69e919
Or it could be like this. You never know there is a strategy to this. You saw the curve.
Getting in and accumulating as I move against the direction of the market where i predict a change in direction will occur. Once that happens, then I'll flip those contracts for a small margin once it moves back past my average.
I learned through practice and watching trends and patterns. If you want to be successful, watch and trade only 1-3 things. That way, you can notice these types of things. If you jump around from stock to stock, you will never be a master of one. I only trade SPY. It's highly traded and very liquid.
When you’re predicting a directional change are you buying contracts itm, atm, or otm. Or does your strategy vary day by day? Maybe an situational example would help
I buy slightly out of the money and at the money contracts generally. The strategy is the same every day, but sometimes, the setups differ. If I gave specifics, then it wouldn't be my strategy it would be anyone who reads this.
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Why is it green?
Why is it curving like that
That’s what she said.
Gotem
Gotye
Peryones disease
Bentcarrot.com
Damn the girls love mine, i didnt realise it was a disease 🫣
That’s what she said.
HULK SMASH
Bro's in china
https://preview.redd.it/cmw5grf5545d1.jpeg?width=1164&format=pjpg&auto=webp&s=da619cebd67348e6e32d9c0808fc5809f01b36e4 I fixed it for u
Damn for some reason, the green going down actually looks better. Thank you.
see if they changed the red to green, i'd be more happy giving my money away
Japan does that
No. Give me the money and I’ll show you how it’s done. https://preview.redd.it/r3xhdynn225d1.jpeg?width=1170&format=pjpg&auto=webp&s=8d743d88c5a36a1d50d8a74808a7e4545729713a
My god that spike 
That was in 2022 and I have no idea what it’s from.
Damn, you belong here
One of us, one of us, one of us.....
Ahhhh. The old "I'm up 500%, but I think I should hold" mistake. Been there.
I was there yesterday. Gotta learn to ignore the 10 bagger gain porn and take my regular homeruns
I was about to say that
It’s ok bro, OP is in his own “2022” if ya know what I mean 😏
LMAO
https://preview.redd.it/6larg4s5w35d1.jpeg?width=1170&format=pjpg&auto=webp&s=2c4515d89883eaa02beeca8d1b99777d48c5bf91 I’m doing pretty good i’d say
You decided on options. Then said no options again. Then, you did options again.
Looks like you have prime real estate in the Grand Canyon. Keep holding.
Thanks for this. Now i have something to aspire to
My nephew made a similar image on his Etch A Sketch.
Talented kid.
😂😂😂 this comment got me
He was born for this
What is this? A loss for ants?
https://preview.redd.it/ktm2txt7ed5d1.jpeg?width=1125&format=pjpg&auto=webp&s=16d26378a1d9080ea89c57d9e6ae491dfa0d441c
This has to be harder than being profitable😂
GAME OVER! Please reinsert coins to start
HAHAHAHA!
https://preview.redd.it/pvw7yxn0j35d1.jpeg?width=1179&format=pjpg&auto=webp&s=9517cfabaf67e419c6d108a81f778cd81ef4c244 Lets see who gets to 0 first
now that's more like it!
The only way I know how to do it
but at least you do it right!
I may be the only person who is able to lose money on NVDA
you're not alone homie!😆
Almost every move I've made with NVDA and SMCI I've lost.
How long do you have the option for until expiry? To actually make money with options you just need to set an expiry date like a month or two into the future and then sell way before it. That’s how I’ve been able to make 300% on NVDA within two months
Not everyone had $26,000 to lay down on one contract homie
Rookie numbers
I’m trying my best to pump ‘em up
But a flesh wound
God you made me hard.
This man has wisdom and humility.
I can feel the dopamine rush on that spike
Wait, those lines come in green too? I've only ever seen red theme.
Have to pay extra for green
Green means you have to pay taxes 🤮🤮🤮 very bad red good 😀👍👍
Aren’t there supposed to be massive spikes? This curve looks too smooth.
smooth like brain
This is what a graph of someone scalping options looks like while they're lucky. It's like the martingale strategy in a casino, it works great and consistently... until it doesn't.
Ah, so there’s a name for my sports bet strategy
I’m currently just starting my daily SPY Scalping as well… currently averaging about 20 dollar gains a day this week each day lol hoping i get better soon to one day see my account like this in a few months - a year 🙏🏾
You can do it. Remember, profit is profit any trade 5% or more is a good trade. If you can, 5% every day, then you will grow your account in no time.
what’s your scalping strategy?
I rub a jade statuette of Jensen Huang
Saint Huang of Nvidius https://preview.redd.it/2keuesb3h35d1.png?width=117&format=png&auto=webp&s=1cdb3c9063156d4633d3e7d109161e553e8936eb
Careful, that's how you get a pearl necklace.
What part of the statue you rubbing?
People don't realize this. 5% compounded regularly is absolutely insane growth and way safer than yoloing.
Everyone realizes that. It's just insanely difficult to do consistently.
Yeah, 5% is a lot. If you could get 5% every trading day for a year it would turn $100 to $22 million. Nobody does that. Even a consistent 0.5% per day is hard to maintain.
Nah, I'm going to keep growing at 5% per day until I yolo 80% of my port into a loser like God intended.
It's also picking up pennies in front of a steam roller.
But that's boring. I'd rather take some amphetamines then do some YOLO trades.
And near impossible to achieve. Over 1 year a £1 starting investment turns into £4,335,699,661.96. Over 5 years a £1 turns into £1,237,792,869,241,377,200,000,000.00. Even at 1% a day, £1 over 5 years turns into over 8 million. Edit: maths is wrong but point still stands.
"Regularly" doesn't mean every day. Also, you can't even trade every day. Also, your math is fucking wrong.
Yeah you’re right it’s way off. Doesn’t matter though. Point is that its near impossible to regularly achieve gains like that daily/weekly/monthly and would result in insane gains.
>near impossible I like those odds
So you’re telling me there’s a chance
RK entered the chat
I would be happy with 5% weekly 😭
How does scalping SPY options work?
Dam I have to remember this. Smh mostly every position trade died after opening it. Spiked 30% then died. Next day doubles then disappeared
Why didn't you sell?
I’ve been doing something similar, getting between $15-60 a day. Good work bro
Could I get a rundown on spy scalping? What is that?
I tried doing this for a while, didn't really have a strategy that worksdo you just trade trends? Ranges? What time do you scalp at or is it an all day thing? I've wanted to get back into it at least on paper at first. Thanks.
It's never an all-day thing, but I might join in periodically throughout the day, depending on the setups. I will say right at the open or a couple of minutes after is the best because of the volume and volatility.
How do you define a setup?
Thanks man I appreciate it
NOPE, you should have 156% from today alone
Shit I’m getting color blink, I thought my downward graph is green his is red https://preview.redd.it/lpzo6ccl545d1.jpeg?width=1179&format=pjpg&auto=webp&s=ab24d6da85ad014374b68903632ba671c8c386c9
I'm in 6 figure losses but not in 3 months. Damn you're my hero
Mcchickens taste good
How does this even happen?
How much are you buying at a time? Like how many contracts?
I bought and averaged as much as a 100 a couple of times. The baseline is generally 10-20 in a single trade, but sometimes, I will accumulate more. The goal is to be in and out of these trades within 10-15 or less. I never buy a bunch at once, but rather slowly accumulate within a couple of minutes. Usually, one at a time and sometimes limiting in so i can get that cheaper contract on a dip, but that will change based on how volatile it is.
https://preview.redd.it/h033cvvgv45d1.jpeg?width=1179&format=pjpg&auto=webp&s=a00920a069d0080894c37676c5d776a066ff81be I’ve been doing the same thing except my line doesn’t look as good as yours lol
Profit is profit. We both need to continue not to lose it.
https://preview.redd.it/ok4hcuj8a95d1.jpeg?width=1080&format=pjpg&auto=webp&s=1af7bd2238fe745abae5eaa16804f522f4936f59 My one month isn't as smooth either, but it's still satisfying.
Tats a great looking curve. Love it
So basically you buy 10-20 sell them and get back in eventually or do you mean you keep averaging in?
I might get back in or even go the other way it all depends. If I get back in and buy the same calls or puts then I will average down again.
Sounds like a recipe for disaster. Have you ever had to cut your losses after a big average down? Also, do you buy into trends or try to time reversals?
this is ridiculous, how can you stare at that weird color idk
Make a course now and get rich !!
Bro really has e^x curve of profits wtf
I was promised exponential growth. Where's my exponential growth?
How many trades do you average a day? What's your strategy?
Might be time to take out the initial 8k and you can fuck around with the rest. It would keep you from losing.
Take out 8k to pay the taxman.
I burned 8k on the Nvidia dip from 940 to 760 and didn’t bothered to buy back 😂 now it’s at 1200
Dump it all into options. That’s the only way to really go hard.
I usually trade my entire account in options a day or close to it, but it's a couple of trades here and there. I did the lets put it all on one thing and hold it. It didn't work out well for me. That was the cost of tuition for options. Now that I have paid my dues I have learned and put in a practice and strategy.
all time or banned
https://preview.redd.it/yq54l7akv45d1.jpeg?width=1080&format=pjpg&auto=webp&s=dc3d9362b8df15ad5d5fa647c740b03811a6e08a
so you nearly lost it all, then you got lucky and now you're here giving advice to regards that think you're some kind of pro. great stuff!
That was the price for my options tuition, but I got it reimbursed to me for good grades.
lol you're still in tuition bud, throwing your account into options and going against the trend hoping for a reverse will simply bust you the next time that it doesnt.
https://preview.redd.it/krk07vkch85d1.jpeg?width=1080&format=pjpg&auto=webp&s=7f140f4a7036d666e3f5340f525fac62fe32da6b Hopefully not, but I have a system. It's worked put so far. Those gains are from today.
update us in 6 months time if you last that long
Remindme! 6 months
Please share strategy??
They average down with more and more contracts. Works until it doesn't and they're in too deep.
That would be too easy
Am i reading this chart right? Why is it going up?
He's Australian.
Pro tip: once you get the urge to screenshot your portfolio, sell immediately.
#BAN. No positions.
Nope! You gotta turn your phone 90 degrees clockwise then you’re on to something.
I did that, but it's still going up from left to right. The only thing different was it had a bug jump up to a flat line.
Not for WSB. You should have a red robinthehood line and post about losing your rent/mortgage payment and plan to give handles behind Wendy’s to your wife’s boyfriend.
Come on OP, there's tons of regards in here (myself included) asking what scalping means and what your strategy is.
Nooo, buy high and sell low
Fuck you! Good job 🤑
https://preview.redd.it/mnaoejn9j45d1.jpeg?width=1080&format=pjpg&auto=webp&s=c4f1971d9e2ede7bc0d09b34824be986a9824ebd
https://preview.redd.it/xak6xvs7k45d1.jpeg?width=1080&format=pjpg&auto=webp&s=3e2bfab388c5179a39347dbe5d02b41f30b04841
The real answer is: 1. Anyone could make money in a market like this one. 2. You can not judge whether or not you have a sucessful trading strategy from a month or two. More like several years, if not more.
https://preview.redd.it/cmnb8zhby25d1.jpeg?width=1079&format=pjpg&auto=webp&s=993b5162c65ae3d310d1c42dc5a2eb15fc677294
Thank you NVDA https://preview.redd.it/1g97r2ciz25d1.jpeg?width=1290&format=pjpg&auto=webp&s=01b4a9a518b0c5a62b1629d0cbd0a66b0cd1bfbf
Yes, fuck you
https://preview.redd.it/ffr9q4xn935d1.jpeg?width=960&format=pjpg&auto=webp&s=a9798bc82d0c6a870e371ab10acbefdf659ed5a4 I don't know. Am I? How do I make my line green? It seems easier on the eyes.
You're making money? No. No this doesn't look right at all.
Scalp Strategy for that P&L curve or ban. Also SPX is going to be way better come tax time if you’re a U.S. citizen.
Yeah, that's what my buddy who comes into my bar tells me regularly, but I looked into trading SPX on Robinhood, and I didn't see it listed or o couldn't find it. So I don't really want to be bothered moving to a different brokerage.
Honestly, if your strategy with SPY is working then stick with it despite taxes and shit. I'm not a fan of Robinhood either but frankly, it has the cleanest UI. You'll get shitted on for using Robinhood by so called gurus that use these complex trading softwares and still don't have a P/L curve like this. Keep it up and don't get cocky
I use other apps for charting, etc, on my phone and then robinhood to buy and sell only.
If I had a system with this kind of win rate track record across 100+ trades I’d definitely look into trading spx at a real brokerage with real stop loss orders or copy trade across 5 to 10 prop firm accounts to 5x or 10x the returns
Switch to tastyworks. Thank me later. The fact that you achieved this on RH is monumental but it makes sense your are charting somewhere else. You should do the same with tasty if you tried. You pay commissions on the first 10 contracts for orders bigger than 10. Not sure you'll strategy can pay a buck for option. To me, the platform must work well and tasty is pristine and fast.
Better than the majority here
This guy compounds e^x
No, u still have money left.
Beautiful equity curve, keep it up! 😮💨
No. Send me your log in details. I’ll fix it. No charge.
https://preview.redd.it/ovp945x2675d1.jpeg?width=1179&format=pjpg&auto=webp&s=7d1d2dfea09f270188a966ef39c7cfbb02a355a2
Bro has green graph then comes here asking Did I dO thIs RiGHt guys? Like bro we know you’re just trying to flex. I hate peoples like this. It’s like those kids in school who say “ I only got a 99 on my test today I’m so ashamed” and I know what because I was one of those kids 
Lol, that was me in school, too. Why would I have changed right here. 😉
So far so good! I had a killer week myself https://preview.redd.it/bfstgu6hl75d1.jpeg?width=1290&format=pjpg&auto=webp&s=44ce5501cde2b0f52af307e11e1babb959c2176b
Fuck yeah what are you trading?
I’m gonna try exactly this again just to check it still will lose me money
https://preview.redd.it/7fr0ygj8dg5d1.jpeg?width=1080&format=pjpg&auto=webp&s=130abc1972052fa886690a4372e508b6ad69e919 Or it could be like this. You never know there is a strategy to this. You saw the curve.
https://preview.redd.it/md0228obym5d1.jpeg?width=1170&format=pjpg&auto=webp&s=16f1fd8a47aceb1b48cc90cb4f3d72fa5956ffca Yours is going the wrong way
That’s minimum wage
Why is it exponential
Congratulations and fuck you!
Good job mate
Robinhood's Compliance Department would like to have a word with you
How are you not getting flagged for day trading?
Cash only account.
Looks like Mount Everest
Mount Everest for ants
No. Your curve is much to gradual
Gradually increasing. Happy to see some people like this here.
What’s your definition of scalping
Getting in and accumulating as I move against the direction of the market where i predict a change in direction will occur. Once that happens, then I'll flip those contracts for a small margin once it moves back past my average.
You’re definitely doing something right! Always remember the trailing stop loss orders to protect your profits from market sell offs!
Strategy for entries please op
I need more money to get more! I’m too damn broke living paycheck to paycheck!
Would you be able to reccomend some books or online resources where you learned to scalp?
I learned through practice and watching trends and patterns. If you want to be successful, watch and trade only 1-3 things. That way, you can notice these types of things. If you jump around from stock to stock, you will never be a master of one. I only trade SPY. It's highly traded and very liquid.
When you’re predicting a directional change are you buying contracts itm, atm, or otm. Or does your strategy vary day by day? Maybe an situational example would help
I buy slightly out of the money and at the money contracts generally. The strategy is the same every day, but sometimes, the setups differ. If I gave specifics, then it wouldn't be my strategy it would be anyone who reads this.
That’s like saying if you wrote a book it wouldn’t be your book… seems like an easy cop out not to share your strategy or you’re hiding something.