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

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

  1. ok I leave , I won't post again
     
    #51     Jan 9, 2025
  2. ironchef

    ironchef

    1. I am confused, is your system buying or writing, or a combination? If combination, which is profitable and which is the dominant profit provider?

    2. On average, how many trades you made a day?

    3. You showed 7 days. 28% in 8 days is not 10% a day.

    We are not trying to shoot you down, we are trying to understand what you are saying and perhaps give you some suggestions.

    There are many many like you appeared on ET over the years but few remained. I am one of the few.
     
    #52     Jan 9, 2025
  3. 28 % is 8th day profit alone on that margin

    From my margin, you know very well that I can't do options writing. All trades were Options buying only. ok

    Goal 10% Profit on Margin, only Options buying for intraday.

    Starting Margin = ₹4739

    16/12/24 (1st day)
    Margin ₹4739 = Profit ₹871(18%)

    17/12/24 (2nd day)
    Margin ₹5610 = ₹538(9.6%)

    18/12/24 (3rd day)
    Margin ₹6148 = ₹712(11.7%)

    19/12/24 (4th day)
    Margin ₹6860 = ₹816(11.9%)

    20/12/24 (5th day)
    Margin ₹7676 = ₹702(9.1%)

    21/12/24 and 22/12/24 weekly holidays.

    23/12/24 (6th day)
    Margin ₹8378 = ₹1154 (14%)

    24/12/24 (7th day)

    Margin ₹9532 = ₹1144 (12%)

    25/12/24 Christmas Holiday

    26/12/24 (8thday)

    Margin ₹10676 + infused extra margin ₹8000 =
    Total opening margin ₹18676 = Profit ₹5212 (28%)

    Total profit (8 days)= ₹11149

    On 9 th day winning streak broked.

    Only options buying in intradays and winning 8 days is a good one. For me its not easy.

    I did 2 trades to 15 trades in this 8 days.
     
    Last edited: Jan 9, 2025
    #53     Jan 9, 2025
    ironchef likes this.
  4. ironchef

    ironchef

    In my book those are outstanding results. :thumbsup:

    If I were you, instead of trying to impress us, keep at it and if results persist, you will do very well financially with or without OPM.

    Take care.
     
    #54     Jan 9, 2025
  5. Ok thanks.

    From the start itself I am all alone in this trading tactics. I need to team up with someone. That's also the reason I posted this, ok Take care.
     
    #55     Jan 9, 2025
  6. VOLdemort

    VOLdemort

    Trade psychology changes when you're trading more than (literal) lunch money. $10-$20 USD wins are essentially sim-trading.
     
    #56     Jan 14, 2025
  7. I know, but I don't have that much money.
     
    #57     Jan 14, 2025
  8. VOLdemort

    VOLdemort

    I get it, but you're going to have to make something of it to attract those with (more).
     
    #58     Jan 14, 2025
    ironchef likes this.
  9. I am really trying to get more margin. Actually i want to play in futures and Options short selling.
     
    #59     Jan 14, 2025
  10. ironchef

    ironchef

    Why, when you are doing so well buying?
     
    #60     Jan 19, 2025