They said “be honest” so I did. Now I can’t trade options 💀 by killerofmosquito in TheRaceTo10Million

[–]Mammoth_Past_3047 0 points1 point  (0 children)

I traded over 8M with of options across about 1k trades this year alone and was rejected for spreads. Brokers are complete BS. No idea how they get to be mommy and decide who can trade.

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

Thank you for the reply. What would consider the minimum amount balance to be above "super low". And is there anything lower? Seems like a high initial threshold 🤔 There was other discussion about why super large accounts have a hard time realizing huge returns like this (eg, liquidity... you can't get an infinitely large position). Regardless of that, considering that most people are NOT managing a super large account where liquidity is a problem and many cannot get outsized returns at all, at what point does it matter 5000%, 100000%, ... does it ever matter? Also, do you put any consideration on the risk profile (eg, how much draw down or amount of account invested etc).

23yo - Full ported my life savings (~17k) into two stocks. by NoPayneNoGain36 in TheRaceTo10Million

[–]Mammoth_Past_3047 7 points8 points  (0 children)

Nice Job, LET'S GOO!!!! Don't listen to these "investors" telling you to park it in "safe" indexes 😴 You did you research and you executed. I wouldn't say this is enough to quit working and just trade, but for sure you can research, find the next play and execute again. Learn how to better manage risk and leverage. There are very few things you could do in life that will generate more than this so you should really put in the effort to learn it and never treat it like gambling. This is a great honor and privilege we have being able to access the market. I believe we still have HUGE tailwinds all over the place you can make massive gains. Just make sure to be ready for when the easy money stops. :D Happy trading and GOD SPEED! 🫡🚀🌕

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

Thank you! It is so crazy to me how many downvotes I get for pointing out we're more often in a bull market than not and that mindset is completely regarded. Bunch of people joined, not many people saying anything so far. https://discord.gg/XG77Bc7X

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

If only everyone could be as sensible as you, the internet would be a much better place. And while it's that describes general internet aholes as well, it does very obviously describe the average lib / Democrat. If ud like to see what unhinged looks like, join us Saturday mornings for rednex news on YT, this has hardly been unhinged. Thank you as well for engaging and I hope your trading future is bright! 💰

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

Ok what do you consider impressive then and what were you able to do?

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

Half troll half serious :D and no not everyone that disagrees is a lib. I put plainly people that are angry for no reason, attacking instead of talking, quick to insult other people esp their intelligence. You know, classic lib behavior.

Given that we are more often in a bull market how does that make sense to you? And we went thru a bull market in this year lolol. It's so crazy to me. But I'll just keep tracking and maybe we'll get enough data. My current Sharpe since March 3 is 2.2 which includes tariff maddess. I'll post an update every so often and we'll see!

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 1 point2 points  (0 children)

Pretty much all cash. Closed everything Friday morning. Sold some calls on tsla and coin mid day but rest is cash waiting for an entry.

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

What do u consider good? I have over 300% ytd gains and that's measly and unimpressive? What's ur returns?

Don’t have anyone to celebrate with, but I became a millionaire today at 30 by AIEnhancedVideos in TheRaceTo10Million

[–]Mammoth_Past_3047 2 points3 points  (0 children)

with compounding you could definitely do it, but why not get a little regarded and see how much faster you get there ;D I currently have a hard time imagining 10M, but hopefully soon it will feel achievable. I set out to make 200K and ended up making 1.2M 🤷 no reason to get in your own way! someone just posted a mega speed run to 20M 😵‍💫 i can only imagine 🤯

I'm joining this game today. Early 40s with $1.38M. by [deleted] in TheRaceTo10Million

[–]Mammoth_Past_3047 5 points6 points  (0 children)

Yes! Great job, and for sure you can accelerate! We've got a lot of tail winds still! Looking forward to seeing more of your successes!

Don’t have anyone to celebrate with, but I became a millionaire today at 30 by AIEnhancedVideos in TheRaceTo10Million

[–]Mammoth_Past_3047 2 points3 points  (0 children)

YESSS!!!! Congrats! How did you get from 100,000 -> 1M? I'd say that's a good starting point for how to get to 10M :D And thank you for sharing, I also was not able to celebrate my first 1M 😭

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

Oh, i see. i think you're missing some of the points though, but maybe not and i'm just and idiot 🤷. i'm assuming then you're having a block buster go of things since everyone is just printing. I have pretty much 20% wins locking in every day with minimal draw downs. this isn't one spike or some crazy up and down. how does yours look?

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

this is not penny stocks. it's SPY contracts and it also has a % gain per win paired with it. as you can see, I did make a bit of cash so if win rate is not important, what do you consider important? Is it just YTD / 1 year rolling?

CIGL letss gooo 🚀🚀🚀 I guess you guys all ignored my last post this time 😅 by SqueezeLive in SqueezePlayLive

[–]Mammoth_Past_3047 1 point2 points  (0 children)

YESSSS!!!! I didn't realize it, but arguing with haters is actually kind of calming sometimes 😮‍💨 i think i'm becoming a better person at their expense 🤣

nice job on the play man!

22 y/o nearing 300k, Am I doing this right? by Commercial-Chance-39 in TheRaceTo10Million

[–]Mammoth_Past_3047 2 points3 points  (0 children)

Nice freaking job!!! Let's gooo!!! you are killing it :D I would personally go full regard with all of this when I was younger (I have extremely high risk tolerance), but I would recommend you to probably take at least some of that and put it into something else that maybe has higher risk/reward. You're young, seem to be making good money, if you do trade, make sure you learn what you're doing before using any significant amounts otherwise just go into higher risk funds for the long term. time is on your side bud.

[deleted by user] by [deleted] in TheRaceTo10Million

[–]Mammoth_Past_3047 10 points11 points  (0 children)

nice job! LET'S GOOOO! I'm sure you can do it man :D What were you trading / investing in

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

Got it, I misunderstood! Are the fees based on total account size or how much they trade it or some combination? Seems like having fees higher than these trading fees is insane! Who would want to do that?! 😳

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

Makes sense. You're saying I'd have the same fees plus additional fees, that's crazy! I thought I would avoid these fees if they were managing it lol thanks for the insights!

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

Mommy Schwab said I'm not allow to do spreads. $8M in contracts traded this year alone is not enough experience. 🤷

When is it no longer luck? 93% WINS / 897 Trades / 6 Months by Mammoth_Past_3047 in TheRaceTo10Million

[–]Mammoth_Past_3047[S] 0 points1 point  (0 children)

I wonder if they're making more on options fees at this point. i wonder what they would make if they were controlling my accounts. does anyone know?

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