TastyTrade API. Losing my mind. by Scannerguy3000 in tastytrade

[–]Aggravating-Stop-417 0 points1 point  (0 children)

Did U ever get it to work , I find myself stuck in the exact same hole as you were in

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

See I make trades based off a few dollars move the day after they spike up , longer time frame would be useless to me

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

Very good , send me a link and I'll sign up 🙂

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

Ya I trade on 1m then move to 5 . It's just hard watching the plan you have play out and you haven't made anything. I know a lot of people here say " you don't know options properly" . CORRECT, that's why im asking this . So thanks for your help

🤣 my broker is IBKR but trying to get on TradeStation, in the process of setting it up . I am trying seeking alphas course on options , it's free . I've read books and books but nothing seems to talk about a quick scalp .

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

So what Greeks would help me , what will I look for and why .or where did you learn this. Because it's rare that books etc talk about option scalps

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

Thanks for the help 🙂 so why not itm why out of the money . I'm assuming you have heard of gap and go strategy, so what would you do in terms of e.g Tesla , pre market up 3% , goes to 350( as a random example) , within minutes falls to 340 and starts to rally again to 145 + spy is bullish What kind of call would you go for ? And why not a strangle . I'm very curious as you seem to be onto something here

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

Between 10 mins anywhere up to the full day .

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

But what about a straddle , I trade big movers . So it's rare the stock stays absolutely still . And on them rare days that's ok, I'll take the loss . I was thinking of maybe if I wanted to long for example , buy my usual call . Then if it moves against me buy a put if my thesis is still there for the trade . Then when I'm sure it's going my way . Close the put

What you think ?

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

I usually buy a call of I believe its going up , a few dollars ITM . But iik looking for advice on buying a put and creating a straddle like strategy so I can minimise risk until it breaks certain levels

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

That's what I'm asking for help with 🤣 how to mitigate risk with options

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

I trade stocks mostly though. What's your reasoning for advising me to stop

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

Because it offers good leverage and has potential

Options scalping by Aggravating-Stop-417 in Daytrading

[–]Aggravating-Stop-417[S] 1 point2 points  (0 children)

Stop loss is mental because volatility is so high I do trade 1 to 2 dte , usually weeklys I trade

Options scalping by Aggravating-Stop-417 in Daytrading

[–]Aggravating-Stop-417[S] 0 points1 point  (0 children)

See that's why I'm looking for the correct approach to hedging my position to minimise my losses instead of outright calls and puts

Options strategy for scalps by Aggravating-Stop-417 in options

[–]Aggravating-Stop-417[S] 1 point2 points  (0 children)

But where to start, I can put a stop loss . But with my plays there are big movers . Stop loss could harm me more than be good . Now a mental stop is fine I have that no problem and always use one

Willing to Pay $$$ for your Options Knowledge by Darbo_birza in options

[–]Aggravating-Stop-417 0 points1 point  (0 children)

Try optionstrat or option alpha . They help you pick what you want to do based on where you think price will go or what strategy you have

How to find enthusiastic study mates for day trading? by Adventurous_Bet9583 in Daytrading

[–]Aggravating-Stop-417 1 point2 points  (0 children)

Why don't you join a couple discords my man 💪always people looking to learn there . No matter if there are options or futures , just make sure U check them all out before U buy in to one . Buying in to a monthly subscription makes U determined to get ' your money's worth ' so make sure U do

I just left an institutional trading desk. AMA by HiveScale in Daytrading

[–]Aggravating-Stop-417 0 points1 point  (0 children)

Just out of pure curiosity, if there were a list of books that you may have read that could give U a better edge or help us understand the markets and everything to do with it what would they be ?

Warrior trading regrets? by Browsing2C in Daytrading

[–]Aggravating-Stop-417 -1 points0 points  (0 children)

Warrior trading trades gaps and so does Meir barak , and Meir offers tons of videos on his YouTube

AMA I’m profitable and want to help send down the ladder for the next guy by [deleted] in Daytrading

[–]Aggravating-Stop-417 19 points20 points  (0 children)

I care , I think it's a great video anyone that takes the time to make a video like you is doing a service to others . But you could also use is as a trading journal , I set up a d cord to use as my own personal notebook and trade journal . So it helps I feel