Who needs crypto when 0 DTE options exist?

Discussion in 'Options' started by Pekelo, Feb 5, 2025.

  1. HappyDays

    HappyDays

     
    #21     Feb 6, 2025
  2. Pekelo

    Pekelo

    I don't think so. But even if he just has the right strategy for the right time, good for him.

    In the last 10 trading days if you blindly bought out of money calls for the same amount at the open and held it until it doubled, you would be up 400%. No thinking involved, just the right strategy for the right times.

    Where is V-shape reversal when we need him? :)
     
    #22     Feb 6, 2025
    SimpleMeLike likes this.
  3. MarkBrown

    MarkBrown

    if it is a option and you have dollar signs in your eyes for buying them to be rich, ask yourself who would be selling these if they are so valuable?
     
    #23     Feb 6, 2025
    SimpleMeLike likes this.
  4. Zwaen

    Zwaen

    It's possible yes, just not plausible. But it is fun to see :thumbsup:
     
    #24     Feb 6, 2025
    Global OptionsTrades likes this.
  5. Pekelo

    Pekelo

    Quotes from him, you can figure out the questions:

    "Emotionless. Dead inside, in a way. The moment you get emotional is the moment you lose it all and the MMs win."

    "Case by case, only strong conviction plays. I don’t have to play if I don’t have it."

    "This one, was at once, there was enough volume. But it doesn’t have to be at once."

    "MACD, RSI, Volume, supply/demand, and so on."

    "I only buy, and sell, during market hours: 0DTE plays. I don't hold overnight."

    "Depends on volume, but it takes a long time to place the order properly, so risk management needs to be adjusted to reflect this."

    "All money I can afford to lose, I am just out here having fun."

    "I am here to make money not to solve world hunger. I can't care less about the long term macro implications, I had conviction there would be a bounce and I took it."

    "Years. Only strong conviction plays. Let runners run, cut losses quick. Never - ever - over trade, or revenge trade. Never look back at “potential profits” after exiting a winning position, great way to condition yourself to lose it all next time."
     
    #25     Feb 6, 2025
    SimpleMeLike likes this.
  6. Good Morning Pekelo,

    Thank you so much. I am now trading this like this guy here at Reddit and will do options trading with My ES futures as well. I am doing SPX 0DTE risk my entire account balance like this guy.

    So far I like this 0DTE trading cause I am an strong Gambler Trader everyday. I do not care about fancy trading talk, I care about making money EVERYDAY.

    Please show more traders getting rich. Thank you
     
    #26     Feb 6, 2025
  7. S2007S

    S2007S

    Can't wait to see today's update
     
    #27     Feb 6, 2025
    SimpleMeLike and Sekiyo like this.
  8. Jack1960

    Jack1960

    Hey elite traders, what is all the fuss about? Do you not make this kind of money every day? It is so easy with ma, mcad, rsi etc.
     
    #28     Feb 6, 2025
  9. Sekiyo

    Sekiyo

    No need 0DTE


     
    #29     Feb 6, 2025
  10. MarkBrown

    MarkBrown


    lol love it - this is some funny shit right here.
     
    #30     Feb 6, 2025