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#5611
Jan 4 2024 04:39am
Quote (Pharaohmon @ Jan 4 2024 02:35am)
Lol 🎰


i left lightspeed after seeing 3k in commissions and transaction fees in just over 3 months. i tried to limit down to just a few option trades a day too, but i never realized how quickly they add up. just insane. could have bought fg LOL

i swear their software is so good and the fast exec times are bcz they want to buy/sell more solely to get fee %s lol. shit was addicting and super fun but holy hell it raked my wallet. the trade times were so damn fast it's almost impossible not to make $ if doing limit/market orders by a few cents, but even if you do make $, the fees annihilate you anyway

This post was edited by ChocolateCoveredGummyBears on Jan 4 2024 04:43am
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#5612
Jan 4 2024 04:41am
Quote (ChocolateCoveredGummyBears @ Jan 4 2024 02:39am)
i left lightspeed after seeing 3k in commissions and transaction fees in just over 3 months. i tried to limit down to just a few option trades a day too, but i never realized how quickly they add up. just insane. could have bought fg LOL



Yea if youre messing with margin trades... Its best to do short swings... quick money grab and gtfo
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#5613
Jan 4 2024 04:54am
Quote (Pharaohmon @ Jan 4 2024 02:41am)
Yea if youre messing with margin trades... Its best to do short swings... quick money grab and gtfo


i was crafting up a little fun TSLA day trading project since i'm super bored. it would be with a commission free broker and a non-pdt account. 21 shares per trade ($5k), and just do several .40.-60 cent scalps (roughly $10 @ 21 shares)

profit target would be really low, like $40-50 a day, and stop. if on lightspeed, this wouldn't be possible because of minimum share fees. keep risk low, and profit target low (as they are tied hand in hand)

it seems silly, but the true power of this would come from staying disciplined and doing it every single day for a few months and no other perfect time to start than the new year. might start next week and cook up a google sheet to track profit/losses

edit: it would really scratch my trading itch too. also make me stay the fck away from options :rofl:

This post was edited by ChocolateCoveredGummyBears on Jan 4 2024 04:56am
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#5614
Jan 4 2024 05:00am
Quote (ChocolateCoveredGummyBears @ Jan 4 2024 02:54am)
i was crafting up a little fun TSLA day trading project since i'm super bored. it would be with a commission free broker and a non-pdt account. 21 shares per trade ($5k), and just do several .40.-60 cent scalps (roughly $10 @ 21 shares)

profit target would be really low, like $40-50 a day, and stop. if on lightspeed, this wouldn't be possible because of minimum share fees. keep risk low, and profit target low (as they are tied hand in hand)

it seems silly, but the true power of this would come from staying disciplined and doing it every single day for a few months and no other perfect time to start than the new year. might start next week and cook up a google sheet to track profit/losses

edit: it would really scratch my trading itch too. also make me stay the fck away from options :rofl:



Try it out bro ... only real way to learn is to experience

im also trying out a new strat as i mentioned in earlier post

This is election year.... should be exciting times for the market

GLHF

also i love swing trading TSLA
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#5615
Jan 4 2024 05:07am
Quote (Pharaohmon @ Jan 4 2024 03:00am)
Try it out bro ... only real way to learn is to experience

im also trying out a new strat as i mentioned in earlier post

This is election year.... should be exciting times for the market

GLHF

also i love swing trading TSLA


hell yeah man. indeed it is, let's hope for a gg and fun year. keep me updated on your swing trades!

This post was edited by ChocolateCoveredGummyBears on Jan 4 2024 05:07am
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#5616
Jan 4 2024 05:14am
Quote (ChocolateCoveredGummyBears @ Jan 4 2024 03:07am)
hell yeah man. indeed it is, let's hope for a gg and fun year. keep me updated on your swing trades!



I post on this thread sometimes when i enter/exit swings. Currently swing SQQQ right now 🐻 mode

GL to us both this year brother

This post was edited by Pharaohmon on Jan 4 2024 05:16am
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#5617
Jan 4 2024 07:04am
i diamond handed a $395.78 qqq put from a couple weeks ago, if it gets saved before friday = :drool:



This post was edited by ChocolateCoveredGummyBears on Jan 4 2024 07:05am
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#5618
Jan 4 2024 07:42am
Quote (ChocolateCoveredGummyBears @ Jan 4 2024 05:04am)
i diamond handed a $395.78 qqq put from a couple weeks ago, if it gets saved before friday = :drool:



Seems very possible
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#5619
Jan 4 2024 08:06am
Quote (Pharaohmon @ Jan 4 2024 05:42am)
Seems very possible


damn. every time qqq touches the 5m 200MA it just drops like a rock lmao
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#5620
Jan 4 2024 08:09am
Quote (ChocolateCoveredGummyBears @ Jan 4 2024 06:06am)
damn. every time qqq touches the 5m 200MA it just drops like a rock lmao



Market is outta juice man ... that nov + dec rally was crazy lol

Pullback imminent


This post was edited by Pharaohmon on Jan 4 2024 08:10am
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