Journal: Small account challenge - $2k to $50k Daytrading options

Discussion in 'Journals' started by Options100, Aug 2, 2020.

Can I do it?

  1. No

    54.2%
  2. Yes

    45.8%
  1. Hmm, ok. What is typical duration of a trade then?
     
    #11     Aug 3, 2020
  2. Day 1 - Small loss

    Small lose of around $30. Today would have actually been a good day if not for a horrendous trade on ADT. Had FOMO from missing KODK and put on way too much size for such a risky trade. Also not too pleased with my trade on CLX. Although the loss is within an acceptable range, I never should have taken the trade.

    Honestly just happy to survive the day without a big loss. The CODX rally literally saved me

    Stocks traded:

    NIO
    GES
    REZI
    CODX
    GNUS(b trade, small position size)
    ADT
    CLX(b trade, small position size)



    Note: AROC is a leftover worthless contract - it was not traded today.

    upload_2020-8-3_14-55-57.png
     
    Last edited: Aug 3, 2020
    #12     Aug 3, 2020
    userque likes this.
  3. Typically, anywhere from 15 to 90 minutes. Sometimes trades stagnant, but don't touch my SL, so I will hold until near EOD(look at CODX today). But, the vast majority are only held for less than 90 minutes.
     
    Last edited: Aug 3, 2020
    #13     Aug 3, 2020
  4. hoaibacfx

    hoaibacfx

    b đang ảo tưởng ư
     
    #14     Aug 3, 2020
  5. Stupid question. The REZI put you bought @ 845am costs you $2.25 (3 x .75) yes/no?
     
    #15     Aug 3, 2020
  6. Correct. .75 per contract
     
    #16     Aug 3, 2020
  7. so how does the math work that you P/L says +$135 for REZI?
     
    #17     Aug 3, 2020
  8. 4 puts

    3 bought in the first order and 1 other purchased in a separate order
     
    Last edited: Aug 3, 2020
    #18     Aug 3, 2020
  9. danielc1

    danielc1

    mọi người kiếm tiền trên trang web này
     
    #19     Aug 5, 2020
  10. easymon1

    easymon1

    How would you break-out your number of trades by type,
    eg. 50% buycalls, 50% buy puts, and so on...

    Do you expect those trade types to change as things grow?

    Thanks. Break A Freakin Leg!
    Love It.
     
    #20     Aug 5, 2020