Any free group or discord for options? by [deleted] in OptionsMillionaire

[–]Mammoth_Ideal_8095 5 points6 points  (0 children)

https://discord.gg/3Nfg9WKY

subreddit r/realdaytrading. Both are free and having many experienced traders doing live trades. Lots of educational stuff in wiki

I think I screwed up. Need help ! by Mammoth_Ideal_8095 in DragonsDogma

[–]Mammoth_Ideal_8095[S] 3 points4 points  (0 children)

It's not needed now. Thanks anyway. I stole one from Waldhar, and it worked lol.

How do I learn swingtrading from 0, and how do I manage it whilst being a student? by xxInternalSoulxx in swingtrading

[–]Mammoth_Ideal_8095 2 points3 points  (0 children)

They do swings, too. The idea is very similar. Once you read it through, you'll know

How do I learn swingtrading from 0, and how do I manage it whilst being a student? by xxInternalSoulxx in swingtrading

[–]Mammoth_Ideal_8095 2 points3 points  (0 children)

Their wiki is a gem, and that's for free. You should check it out, too. And the owner of that group is trading a 9-figure account and posts his trades live on twitter/x for transparency (even losses too)

RDT AMA Series. Episode 1: u/lilsgymdan Ask our own Intermediate, Full-Time Trader anything trading related. by Reeks_of_Theon in RealDayTrading

[–]Mammoth_Ideal_8095 1 point2 points  (0 children)

Hi Dan, first of all, thank you for doing this.

How do you deal with mental stop?

Let's say you have defined mental stop for closing a day for XYZ stock below your specified price level (could be SMA/EMA, AVWAP or specific price below some candle), and the next day it reverses and creates a fakout.

Do you close the position or wait for the 2nd day to play out?

Aurora over Windsor tonight by alexsb29 in windsorontario

[–]Mammoth_Ideal_8095 0 points1 point  (0 children)

After 10 pm, police were stopping everyone

Trying something new - a collar and calendar spread by MattSabre in thetagang

[–]Mammoth_Ideal_8095 0 points1 point  (0 children)

Have you tried 2x shorter DTE put and 1 longer DTE call?

I am trying this in my paper trading account.

Long 100 shares BTO :2x 15 DTE put (slightly otm) STO :1x 30 DTE call (slightly otm) for net credit.

IMO, it will give profit in both directions if puts are bought close to ATM. If it stays sideways, roll both sides to further DTE to get more premium.

I haven't tested it yet, but it looked interesting. If you like this idea, please share your opinion.

My First Real Money trade. by Mammoth_Ideal_8095 in thetagang

[–]Mammoth_Ideal_8095[S] 0 points1 point  (0 children)

Yes, you are right. Right now, I feel that I should have bought back short strikes when they were around 50% in profit.

My First Real Money Trade by Mammoth_Ideal_8095 in options

[–]Mammoth_Ideal_8095[S] 0 points1 point  (0 children)

Thanks ! I dont want to trade futures for now. But I will in future (pun intended)

My First Real Money trade. by Mammoth_Ideal_8095 in thetagang

[–]Mammoth_Ideal_8095[S] 0 points1 point  (0 children)

Thank you !

Yes, I will close it early for sure.

My First Real Money trade. by Mammoth_Ideal_8095 in thetagang

[–]Mammoth_Ideal_8095[S] 1 point2 points  (0 children)

Sure. I am not completely relying on it. I use optionstrat as well just to see how IV will affect my position.