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

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

  1. Sekiyo

    Sekiyo

    10 days mean nothing.
    Come back after 1,000 days.
    Unless you’re not in the business to make money.
     
    #11     Jan 5, 2025
  2. why should I come back? so you can't do, speaking is easy for you.
     
    #12     Jan 5, 2025
    Sekiyo likes this.
  3. Sekiyo

    Sekiyo

    Post your 10 days streak if that’s what makes you happy.
     
    #13     Jan 5, 2025
  4. Ok I will post, what makes you happy?
     
    #14     Jan 5, 2025
    Sekiyo likes this.
  5. VOLdemort

    VOLdemort


    So you made 90 USD?
     
    #15     Jan 5, 2025
  6. I have minimum margin only, from it i did good.
     
    #16     Jan 5, 2025
  7. VOLdemort

    VOLdemort

    Are you going to buy an island?
     
    #17     Jan 5, 2025
  8. why, are you going to gift it to me?
     
    #18     Jan 5, 2025
  9. ironchef

    ironchef

    Welcome to ET.

    First, I am one of the few amateur retail option traders on ET and really don't know that much about options. Most option traders on ET are professionals, maybe they can comment on the odds of winning 8 out of 8.

    Second, since the world is probabilistic, not deterministic my guess is either you are very good or very lucky. I hope it is the former.

    Third, no, I don't have that type of probability and statistics to show you. Like you I long options, mostly single legs, win rate is a lot worse, ~30%, averaged over the last decade. :(

    Hope you can hang around. Best to you.
     
    Last edited: Jan 5, 2025
    #19     Jan 5, 2025
  10. Ok i understand. My journey on Options are very tough and inam still learning. I lost much too. But now I can do winning streaks with confidence. Because trading and achieving only in - options buying+intraday+every consecutive trading day - is a very challenging task, it means I can achieve in any kind of trading in any share market. I am looking for a chance.
     
    #20     Jan 5, 2025