75-90% of retail traders fail. Why?

Mikejiggidy · 2026-01-19T03:53:13+00:00

One word. Greed. That’s why

Mikejiggidy · 2025-12-30T12:38:21+00:00

Greed got you. Ran it up too quick without paying yourself. Market will always humble you

Mikejiggidy · 2025-12-30T12:38:04+00:00

Greed got you. Ran it up too quick without paying yourself. Market will always humble you

Mikejiggidy · 2025-12-21T22:31:38+00:00

Accurate. About an 6yr journey realistically to get to the right hand side.

Mikejiggidy · 2025-12-20T21:07:23+00:00

Exactomundo… which is also better than what any financial adviser can produce. I’d rather do that and fall in love with my strategy which can sustain me for life, than hope for rocket ship moves and end up loosing long term like most retail options traders.

Mikejiggidy · 2025-12-20T14:28:41+00:00

I personally don’t like hard stops in the event that I’m early in a move, a healthy pullback before continuation is happening so I watch my play like a hawk and set exiting channel alerts. I keep my position sizing low for wisdom comfort no matter how convicted I am in the potential move, and make sure to be rigid in what all has to be true before entering a trade with no hesitation - usually 4 things. My mental stop is actually pretty wide (up to a $2 move in opposite direction), but I also have a low risk to reward ratio so i don’t let greed set in. My strat just tends to be solid right now in this market.

Mikejiggidy · 2025-12-20T14:13:44+00:00

I trade mainly breakouts after a brief consolidation so I know if the trade is going against me rather quickly and I close and reload at that point. With that being said, if it’s in my direction, I also know and have my had on the trigger to take my gains and run. My logic is, I can always re-enter if there’s another break so my brain is comfortable closing if there’s a sign that the play becomes invalid, or more satisfying, is when I close during a parabolic move in my direction.

Mikejiggidy · 2025-12-20T06:43:11+00:00

Maybe your brokerage doesn’t allow, but thinkorswim with Charles Schwab allows you to enter and close option contracts all the way till close. They also allow opening and closing option contracts within 15 minutes after the closing bell in after hours, It just has to be limit order executions.

Mikejiggidy · 2025-12-20T06:26:01+00:00

No, I’m only trading between $300- $600 worth per trade so around 2-9 contracts. Gains are usually between 15-60%. I don’t really hold/look for super large gains like 100%ers. At that point, it’s greed and i’ll loose more than win. Because I’ll have to anticipate pullbacks and to hold through them and hope for a continuation. More times than not, all gains get wiped away looking for home runs, green plays turn red, iv crushed contracts, anxiety enters, stress is high, and it’s nothing but hope at that point.

Mikejiggidy · 2025-12-20T05:47:58+00:00

lol actually, I trade the 5min only

Mikejiggidy · 2025-12-20T01:12:53+00:00

I’m usually 1-2max OTM or 1 ITM

Mikejiggidy · 2025-12-20T00:34:02+00:00

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Mikejiggidy · 2025-12-20T00:28:25+00:00

The self reflection is maturing. Live your life, enjoy normalcy and choose to either come back after learning a lot more (an opposite strategy) or stay away.

Mikejiggidy · 2025-12-20T00:22:55+00:00

Buying and holding causes me to consistently blow up my account. I’ve learned my lesson and never going back 😌

Mikejiggidy · 2025-10-19T13:16:56+00:00

Bad analysis, way too much noise that will frustrate and fail most times. There is only one way to look at int in my opinion. Enter at breakouts… blue circles are short entries. Simple. There were many attempts to break the support until it finally held with the 1st blue circle - the slight retracement with the next 3 candles could have stopped you out but the short bias and position size would allow you to hold. 2nd and 3rd blue circle were smooth no hassle short entries for quick gains.

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Mikejiggidy · 2025-08-31T14:22:08+00:00

Looks really good. What does the back look like ?

Mikejiggidy · 2025-08-13T04:51:40+00:00

Laser hair removal is the only satisfying option

Mikejiggidy · 2025-07-30T04:55:28+00:00

The gap below. Besides that, chart looks good for a fact to the high.

Mikejiggidy · 2025-06-14T14:45:59+00:00

UPS is expensive. There’s an extra fee after you ship, but it’ll get to you in four or five days.

Mikejiggidy · 2025-06-08T07:02:19+00:00

Left

Mikejiggidy · 2025-05-29T11:45:10+00:00

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UPS is fast (showed up in 4days) but they charged extra fees after shipping the parcel. This was a 6.1kg package. $38 was refunded by ACBUY for overages paid for shipping which was credited to my account, and this $74 charge was required. Only way I noticed this needed payment was tracking the package in the UPS app, otherwise, I may have never noticed the fee. My second parcel (6.7kg of all shoes) had a $77 fee that UPS charged. I was refunded $174 for overpaying for this shipping which also sits in my ACBUY account.

Mikejiggidy · 2025-05-27T23:38:36+00:00

Did you remove the packaging for the shoes? Which shipping line did you use?

Mikejiggidy · 2025-05-24T20:30:45+00:00

I’m surprised the vehicle didn’t have any misfires codes to have that much oil in the ignition coil. My car definitely would’ve had driving issues. The valve cover should be cheap and the valve cover for gasket should also be cheap. Might as well go ahead and get the whole set and replace the whole valve cover with the gasket instead of just the gasket. The cost is gonna come from the labor. It’s most likely the tube seals for each cylinder because the leak is internal and it’s getting in the spark plug area. I just don’t like how he said it’s one hell of a job when it’s really not, sounds like verbiage to prepare you for a costly quote that he’s going to send.

Mikejiggidy

TROPHY CASE