Day trading 0DTE Condors

That would be nice!

 

Backtest adjusted to 20/10 delta. Hitrate much lower..

 

Gamma to high with bigger deltas, stoplosses hit 9 out of 10 times..

Also bigger chance of hitting double stoploss..

 

Did you read the strategy?

Then, seriously... What kind of question is that about the 9 to 5 salary?
It's a strategy, you might like it or not.
If you think risk reward is bad, don't trade it. But try to understand it first.

 

Please read the original strategy, it uses automatic stoploss orders...

 

Statistics (without tx costs) with 8/3 delta. Slippage 10 cent on the stoplosses. Note that back then you could not trade 0DTE every day..
On average 40 dollar a day net with one IC. If you do 10 a day you could stop working cesfx

 

Yeah you still have to manually do the trades and set the stop losses.

 

or write some software to do this for you

 

I told you guys...I didn't even need a backtest. You either raise the deltas for more premium and get rekd or you lower the deltas and collect crap...or find a happy medium and basically waste your time but you get to tell everyone you are a day trader

 

I'm happy to waste 1 hour a day for an on average 400 dollar result