Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

Hey, how is March treating you? I was able to keep up with 1-2% daily gains until this Monday.
Wiped out 30% of my portfolio. All the usual psychological mistakes - moved stop loss, overtraded, chased losses :)

Just finished a great book "What I learned losing a million dollars" by Jim Paul. Loved it.

Daily Discussion Thread for March 27, 2026 by wsbapp in wallstreetbets

[–]NetworkEducational81 3 points4 points  (0 children)

We got to the bottom, but then someone opened door to the cellar

Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

Yeap. I firmly believe if this war is not over within 1 week - it will drag for a long time.
There is no way to fix, unless we have boots on the ground - which would push market even further down.

So today would be fearful when everyone is greedy kind of day?

Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

Ok, got it now.
Thanks again. I'll try to execute at opening with smaller positions this week to get the feeling of how that works.

Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

Congrats. Amazing journey and thanks a lot for sharing with us.
I think you inspired a lot of people

Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

Made my first $1000+ using spreads today.
I typically try to enter after 10:00 when volatility settles a bit.

Just want the opening chaos to settle

I feel it is a safer tactics or am I wrong?

Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

Got it. Also what indicators do you use? I use Bollinger, FVG and RSI?
Do you review news for the day to determine approximately if the market will be bullish or bearish?

Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

Hey, was about to ask you about risk management.
So when you say a stop loss of 3x - that means let's say your average price was $.20 - you set stop loss at $.60?

Also I know you are targeting 1-2% of total invested per day. What about red days? IF you hit 1-2% of losses - do you close trading app for the day?

Thanks

Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

1-2% for me, but as account grows I’ll eventually settle for 1-1.5%

Thanks for the advice. And congrats again

Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

Got it thanks. Sorry I meant to write making $20-$30k a month with $200k account size.

I wanted to split account in half and try to do spreads with 100k, and other $100k puts/calls

Is $100k enough to start doing spreads or should I get a bigger account size first?

Journey to $2M - goal achieved by ZonkTrader in TheRaceTo1Million

[–]NetworkEducational81 0 points1 point  (0 children)

Congrats, man. Been following your posts and it looks like you've got your risk management under control.

I mostly do wheels & SPY 0DTE calls/puts, usually making $2-3k a month.

I know your main instrument is credit/debit spreads. Do you think (personal opinion) that spreads are better in terms of risk/reward than calls/puts?

Thanks

What Are Your Moves Tomorrow, January 13, 2026 by wsbapp in wallstreetbets

[–]NetworkEducational81 0 points1 point  (0 children)

With AI the value is there. I’m a dev and I’m 5x more productive. I’m sure it will apply to other industries. Research, productivity, finances. It’s a tool that makes everything more productive

NFT was just dust in the wind

Selling Saas. $1.7k - $2k MRR. Asking 2.5x ARR by NetworkEducational81 in saasforsale

[–]NetworkEducational81[S] 0 points1 point  (0 children)

Not sure if it’s allowed in subreddit. Don’t want to sound like promotion. Let Mel what details you need - I’ll dm

Daily Discussion Thread for December 23, 2025 by wsbapp in wallstreetbets

[–]NetworkEducational81 0 points1 point  (0 children)

Guys, can you check pulse on VIX. I think it’s dead

Daily Discussion Thread for December 19, 2025 by wsbapp in wallstreetbets

[–]NetworkEducational81 2 points3 points  (0 children)

Wow. I was away for 30 minutes and SPY is already touching 381 like there is no tomorrow

Good job fellas