My friend use to post six figure and seven figure months like Dest, he left us in 2015 tired of the hate. You don’t have to prove shit to haters like the Blaze guy. You’re a hell of a great trader!
I post here occasionally just to show that it can be done, create good trading discussion, and possibly learn something from the comments.
That week was also everything related to GME, like SKT FOSL etc. Gotta love when hedge funds get into trouble.
For your starter positions I add liquidity and collect the rebates, when I add aggressively I'm taking liquidity using lightspeeds smart route which doesn't charge any fees other than commission.
This is a really excellent question. I remember seeing a thread years ago on a forex forum where a guy basically said "I go long and short and close the position that isn't winning." Someone else pointed out that this is the same as taking no position, and just buying or selling whichever way the market goes, except this way costs less. Does options somehow change this? Isn't this essentially just a straddle you are adding to one side and closing the other side? How do you know price isn't going to change directions once you start adding?
Everyone's style is different, but for me mentally, I'm able to add more aggressively when I've already started showing a profit on the starter position. Then I can move up my stop, and take off some of that starter position to cover the cost of the trade...then I'm riding on house money. Of course you never know the direction of a stock, but you can put the odds in your favor with basic TA and some experience.