My boy rb7 is lurking in the dark just spotting when I say something weird. He is having fun with that. It is not my fault that he got burned too many times. Maybe he should read again the posts where I lectured him. There is a great opportunity there to learn.
100% to 300% in options is very doable - I've done it many times and posted screens. The opportunities aren't that many though, and 10 consecutive wins is a big ask.
I have to admit, your ability to show your anger is out of this world. I kind of feel sorry for you. Having fun of unsocially anonymous posters on the Net is not my cup of tea, nor arguing with them. My time is more valuable than that.
He posted this today saying "I made $100,000 today ....." BUT earlier today he posted "I just made $50,000" then later said "Casually making $80,000". These were all the same trade which he didn't close so not really accurate to say "I made ..." since the trade isn't closed. Will he post the final profit? QQQ has turned down recently so ... did he close? I'll check later for final profit, if he shows it. Not questioning his previous profits BUT he's being a bit misleading by posting profits before a trade is closed.
Funny I did this too once, starting 8k then in 2 or 3 months to 300k. Last 2 weeks were the “weirdest”, 100k per week. Got fantasies about buying that 2008 lambo in front of the house. Then came week 3 and wooosh…it was all gone Live by the sword(leverage), die by the sword(leverage)
Hello BKR88, I have traded how this trader trades many of many of times. I have built algos to trade how this trader trades as well. The method is easy 1. Risk your entire account per trade 2. Aim for small profit targets. 3. Adding to losing trades. It was always fun, until I blow my entire account on 1 trade.
He regularly takes multiple trades per day and doesn't risk the account on one trade. The options he buys can go to zero but there his losses stop. His profits are large. 100-300% is common but they're options so easier to achieve large % gains. Risk .40-.60 to make 1.0-3.0 He lost BIG yesterday by adding to his loss but not sure that's his normal style. I daytrade without a SL and keep adding but ONLY with ETFs/stocks I'm willing to hold longer term. Keep position size small to allow for many adds.
Hello BKR88, ohhh sorry sir, he is trading options. Sorry, thought he was trading futures or stocks. Yes, with Options no need for stop loss, just use long expiration dates. For like 2 years, I tried many strategies to add to losing trades including martingale trading strategies. I just gave up on it, I could never get it to work consistently, without blowing up my account.