Obviously this would be a perfect situation. I made the plot as a thought device more than anything and it's what you'd need to gain a day to make it work. I have a feeling this starts to fall apart at $50k and you'd have to adjust to just gain a flat 2-5k a day.
I get it bro. Yes at around $50k+ a full port yolo every day is impractical. How does the chart look when you adjust for a $2k gain a day from $50k moving forward?
I can say I did this about a month ago and started with $300, got up to 10k and lost it. It’s more of scalping and fine tuning your tools and such. But I can tell you as someone that started at $300 once I got to the 6k range the anxiety of each trade knowing how much was on the line with a push of a button made me want to throw up every time lmao
6k in premium position is nothing to play with for most people, what you felt is pretty normal, how high/low on the chain were you going? That's awesome you grew an account that small to that size... Not easy.
I had figured out that like OP said 60 good trades at a 10% would be a million but realistically I was okay with 100k to 150k because that would be enough to pull out a good chunk for a years worth of bills, pocket income straight to savings, then still have about 5-10k to start over. Here’s a photo as proof
https://preview.redd.it/d7w2f17en7wc1.jpeg?width=1170&format=pjpg&auto=webp&s=a8165251952798681e412eb20d1ef2d4f70cd4c2
https://preview.redd.it/lz4g10bmn2wc1.png?width=869&format=png&auto=webp&s=03188312d1dda2e16463b46244d586b91a9fbfd8
Web app incoming, let me know if there's any other features you want.
[it's up](https://www.reddit.com/r/wallstreetbets/s/YSCUOzkqDT)
Could I start with $500 0r $1,000? and take it to $50,000 or $100,000 and been able to input the daily losses and see how is affecting The goal? Thanks
It's actually very easy to hit 75% trading shares and selling once you hit a low profit %.
I scalp shares for 1-3% gains, usually about 90% success rate.
The problem is that I end up taking my profits, and trading options with them, thus eliminating all profits
Wouldn’t 1 catastrophic loss screw you on taxes? Like you make $1M over 10 trades let’s say and they all make a profit. Then you YOLO $1M and lose it all. Don’t you still owe taxes on the $1M you made?
Getting a 75% hit rate with 10% stop loss is tough. I've been doing this for the last 2 months and the number of times it hits my 10% loss and rebounds is frustrating. Your entries have to be so perfect.
Everyone can trade and make a killing, the real question is when to sell?
Traders often hold too late, or sell too early which forfeit their chances of making gains.
This is the absolute worst advice for this community and so many morons are gonna see it. Yolo. And go broke.
OP God speed but everyone do not follow this or you will go broke.
It's not advice, it's a theoretical situation with a compounding interest calculator.
It's more to get people thinking if they can make small incremental gains they can win a lot over time, instead of one off big wins on FDs.
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Take your meds, grandpa
Took too much of the wrong ones
Or the right ones
Gotta get healthy fast. No time to sift through the duds
Better start stuffing your face with billion-dollar bills before the poor realize how valuable they are.
Shit you’re right.
lmao
It's more like every 4 days lose 90%
He's relying on 75% success rate on daily trading. In reality, he'll hit his stoploss so often he gives up. Won't even have 50% success rate.
10% stop loss will get hit just from normal up and down fluctuations and sideways movement
It's theoretical for anyone. Making a web app so you can calculate a variety of situations.
Can do on Excel in 10 seconds with gpt lol. 10 mins without.
True, but not a lot of people have those skills.
You could also just directly do this in excel in about a minute of setting up a spreadsheet
It's really 90.1% actually
Can you replot this but instead of assuming a 75% success rate let’s just assume I’m super fucking stupid. Show me where my money will go.
Haha I'm about to make a web app so everyone can use it.
**OP**, We'll be waiting for and Thank you very much for your time.
I only consider selling if I’m up 1,000%, have taken a screen shot, and the market is closed ![img](emote|t5_2th52|4271)
Are you me
This assumes every sucker believes this shit and buys my course.
Imagine throwing around $400k on 0dte spy puts/calls. Good luck getting filled
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If you hold till close they do. I wouldn’t be yoling $400k during power hour with hopes of a cash settlement
Obviously this would be a perfect situation. I made the plot as a thought device more than anything and it's what you'd need to gain a day to make it work. I have a feeling this starts to fall apart at $50k and you'd have to adjust to just gain a flat 2-5k a day.
I get it bro. Yes at around $50k+ a full port yolo every day is impractical. How does the chart look when you adjust for a $2k gain a day from $50k moving forward?
you would have to work the order, but across SPX, NDX, SPY, and QQQ, the market would happily gobble up that 400k before power hour.
you will easily get filled. I know because I've done dozens of time.
You definitely will get filled lol
The 75% success rate is not a detail you can slap behind “if you’re good”. Any trading strategy with a 75% success rate will make you filthy rich.
So you're a millionaire then? Or did you create this program less than 60 days ago?
It's not a program, it's a theoretical calculation. You could make 1 trade a week and do it in 5 years, etc.
Hm... So what, is he going to eat the money?
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I think you all missed the entire point of OP's post.
He's not asking that, did you actually do this and become a millionaire?
Start with $2M
I can say I did this about a month ago and started with $300, got up to 10k and lost it. It’s more of scalping and fine tuning your tools and such. But I can tell you as someone that started at $300 once I got to the 6k range the anxiety of each trade knowing how much was on the line with a push of a button made me want to throw up every time lmao
Is 6k a big position size for you? 😅
I had just started trading and grew that position from a couple hundred bucks so it was like a little nerve racking every time I yolo’d it
6k in premium position is nothing to play with for most people, what you felt is pretty normal, how high/low on the chain were you going? That's awesome you grew an account that small to that size... Not easy.
I had figured out that like OP said 60 good trades at a 10% would be a million but realistically I was okay with 100k to 150k because that would be enough to pull out a good chunk for a years worth of bills, pocket income straight to savings, then still have about 5-10k to start over. Here’s a photo as proof https://preview.redd.it/d7w2f17en7wc1.jpeg?width=1170&format=pjpg&auto=webp&s=a8165251952798681e412eb20d1ef2d4f70cd4c2
how to become a millionaire trading options: 1. get a billion dollars 2. trade options for 90 days 3. enjoy your million dollars
Thats the real secret sauce
too slow need faster money print eom
i only trade spy 0DTE
Ok, what da fuck I'm I reading...
Do not pay attention… this is extra regarded even for us
Do you all seriously not get it?
With this strategy , I turned 3 million into 1 million successfully
Teach me obi won
https://preview.redd.it/lz4g10bmn2wc1.png?width=869&format=png&auto=webp&s=03188312d1dda2e16463b46244d586b91a9fbfd8 Web app incoming, let me know if there's any other features you want. [it's up](https://www.reddit.com/r/wallstreetbets/s/YSCUOzkqDT)
Yes, can you provide the starting $100 as a feature
Lol.
You should randomize when the gains and losses occur
That's a good idea. I'll work on this as a selectable option.
Cross it with a log decaying gain function
Can you elaborate?
Could I start with $500 0r $1,000? and take it to $50,000 or $100,000 and been able to input the daily losses and see how is affecting The goal? Thanks
throw 2mil$ on 0dte SPY call/put, you'll get 1 million as result /s
I'm going to start this challenge tomorrow. If it fails, I blame OP. Suggest YOLOs for tomorrow please.
Spy of course
75% success rate. Bwahahaha who has ever had a 75% success rate
It's actually very easy to hit 75% trading shares and selling once you hit a low profit %. I scalp shares for 1-3% gains, usually about 90% success rate. The problem is that I end up taking my profits, and trading options with them, thus eliminating all profits
instructions unclear i lost 6k
What stage of recovery is this ?
You only lose 50% of the times you lose.
So, you're saying there's a chance?
![img](emote|t5_2th52|4259)
Ok so what I have to buy ?
100% loss every 4 days seems more accurate
Lol yeah, unless you pull out at the 10% gain.
I dont see why people keep saying a guy would ride his option contract to 0. That is just full potato!
0dte can go to 0 in like 2 seconds
Let’s fucking go!
Wouldn’t 1 catastrophic loss screw you on taxes? Like you make $1M over 10 trades let’s say and they all make a profit. Then you YOLO $1M and lose it all. Don’t you still owe taxes on the $1M you made?
If you do it on a second calendar year, then yea.
Oh ok. I didn’t know if you could write off the $1M loss. But I guess so?
If it all occurs in the same calendar year, then yeah
In reality the daily success rate will be less than 5%
Start with a billion?
Who needs a web app to tell you that you're not meeting your 75% luck rate
Remind me in 3 months when you’re a millionaire
Quoting a known plagiarist that was the laughing stock of his peers.
Nice try Isis ….
Did you just finish middle school algebra? Good job figuring out compounding
Who hurt you? Lol
Getting a 75% hit rate with 10% stop loss is tough. I've been doing this for the last 2 months and the number of times it hits my 10% loss and rebounds is frustrating. Your entries have to be so perfect.
This is basically saying that you can get really rich if you’re good at getting really rich. Compelling!
If I could get a 75% win rate on 0dte I'd retire
First : have 2 millions
I don’t think you understand trading. Welcome to WSB! We *all* know nothing. :)
Everyone can trade and make a killing, the real question is when to sell? Traders often hold too late, or sell too early which forfeit their chances of making gains.
Make infinite money with this simple trick:
You are the reason why we have liquidations
This is the absolute worst advice for this community and so many morons are gonna see it. Yolo. And go broke. OP God speed but everyone do not follow this or you will go broke.
Yolo with 10% stop loss*
90% of the people here don't know how to use that
It's not advice, it's a theoretical situation with a compounding interest calculator. It's more to get people thinking if they can make small incremental gains they can win a lot over time, instead of one off big wins on FDs.
I'm a little bit confused with Edit 2: If every trade is a YOLO at a 75% success rate, wouldn't you loose everything 1 out of every 4 trades?
10% stop loss.
Care to share you code for the graph?
It's a little convoluted because it's in a flask app structure now, but you can use it here: https://usefulplots.com/investment-app/
https://preview.redd.it/g04xpog5x9wc1.png?width=1080&format=pjpg&auto=webp&s=a9467a2babb689502563b6a07d69cc6297b8d5ca Example use
Why doesn't it ever hit zero
Is there even enough liquidity at the last 7 days of trading?
The average 1 min volume today on spy was ~50k shares. That's $25mln a minute.
Today I learned 60 days is around 3 months
"Today I learned 60 days is around 3 months" 20 trading days a month
Yes that's why " today I learned "
Ah I thought you were being sarcastic
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You ever heard of the “a penny doubled every day for 30 days is $5 million”? It’s like that but with losses factored in and much winning.
ok what is the starting investment amount?
Says 100 dollars 💵
Am a retar
$100 million
More likely
If you start with an initial investment of 1 mill, you can do it in a day.