Achieved 8-Day Winning Streak in Options Trading – Sharing My Journey and Insights

Discussion in 'Options' started by SukandhanAK, Dec 26, 2024.

  1. Hi Traders,

    I wanted to share an exciting milestone in my trading journey: I’ve achieved an 8-day winning streak in options trading through options buying! It’s been a challenging yet rewarding experience, and I believe reflecting on this journey can help others as much as it helps me improve further.

    Key Highlights of My Streak

    Consistency: Profitable every trading day from December 16th to December 26th (with breaks on holidays).

    Challenges Overcome: On my 8th day, I faced a 60% drawdown of my margin due to initial losses. With additional funds and disciplined recovery trades, I managed to close the day in profit.

    Growth: Averaged a 10% profit on my margin daily during this streak, proving the potential of disciplined options trading.


    My Approach

    Strategies: Focused primarily on directional trades with strict entry and exit rules.

    Risk Management: Controlled exposure by capping loss limits and adjusting positions dynamically.

    Mindset: Maintained composure, especially on challenging days, by sticking to my trading plan.


    Why I’m Posting This

    I believe trading is as much about community as it is about individual performance. I’d love to hear your thoughts, feedback, or similar experiences. My goal is to keep this momentum going and learn from experienced traders here on Elite Trader.

    What’s Next

    I’m aiming to reach a 10-day streak while refining my strategies and minimizing risks. Once achieved, I plan to explore trading with a larger margin.

    If you’ve achieved similar streaks or faced challenges maintaining consistency, I’d love to hear how you approached them!

    Looking forward to connecting and learning from this incredible community.

    Cheers,
    Kadhir
     
  2. If you need verification below link is the proof

     
  3. Sekiyo

    Sekiyo

    8 days winning streak happens every time.
    Good luck for the forthcoming drawdowns.
     
  4. My trades are unique because i have trading only in options buying, all trades are intradays and traded in every consecutive trading days. Today is my 9th day. I will update it.
     
  5. Sekiyo

    Sekiyo

    You're uniquely very awesome.
    Keep up the good work.
     
  6. Ok, Thank You, I will update
     
  7. ph1l

    ph1l

    upload_2024-12-26_20-13-44.png
    Unless you become a sponsor, this thread probably belongs somewhere else, like Journals
     
    Picaso likes this.
  8. winning streak broken today.

    more than 50% margin lost.

    recovered most of the loss but ended in red.
     
  9. ironchef

    ironchef

    @Sekiyo knew this would come.
     
    Sekiyo likes this.
  10. Yes, what do you say if I win 10 days continuously in options buying in consecutive trading days? I am challenging you, can you do that ( should be traded in options buying, all should be intradays and it should be consecutive trading days)
     
    #10     Jan 5, 2025