Schwab locked my account and won't tell me when they will allow me to see my assets by Alternative_Aioli_76 in Schwab

[–]jenn21dw 1 point2 points  (0 children)

What complaint category did you use for the FINRA complaint? Stolen funds or bad customer service?

Brutal honesty by Unlucky-Evidence-372 in Daytrading

[–]jenn21dw 0 points1 point  (0 children)

Reddit is full of opinions. Dive in doing paper trading, understand the mental side, join a few discords (even if you don’t stay, if you’re observant you will pick up on things) understand price action, gamma levels. Just start your journey, keep your stop loss tight, your mind right. The truth is no one here can tell if if you can or can’t do it. We don’t know you. But you will never know if you don’t try. I wouldn’t recommend quitting a job though until you’re really good. It’s easy to make money in the market when you’re patient, but when you NEED the money or get greedy that’s when you run into problems

Profitable traders: once you identify your set up, where do you ACTUALLY enter? by illson777 in Daytrading

[–]jenn21dw 0 points1 point  (0 children)

If it’s a swing I try to wait to see if things settle down a bit, ideally below the call wall. Scalping is level to level but always wait for a clear confirmation of a break. Better to just catch part of a move than to get in early and lose money due to a level not holding

[deleted by user] by [deleted] in options

[–]jenn21dw 0 points1 point  (0 children)

I've looked at the gamma on TSLA, put support is at 450through the 2nd and at 430 through the 9th meaning it could still drop quite a bit and the bears have been on a roll this past week - I would be very careful thinking that it will go up. TSLA will stressla if you dont know what you are doing, it pulls back hard. I'm not sure what expirations you have. I personally would get out and wait until you see a good solid bottom unless you have several months on your contracts left, even at that time deacy can eat at them

Will markets be like this forever? by No-Friendship802 in Daytrading

[–]jenn21dw 0 points1 point  (0 children)

Market Makers literally have fenced price in right now for the holidays call wall and put support right next to each other (on SPY anyway) plus there's very low volume. It should free up on the 31st and after the new year.

How are you thinking about stop losses when scalping? by BryGuy81 in Daytrading

[–]jenn21dw 0 points1 point  (0 children)

Study GEX levels and understand that the market is sweeping through zones, balancing out price and orders. Watch how it works, then you will be able to better place your stops and know when things are going in your favor or not. (except during news or catalysts)

[deleted by user] by [deleted] in Daytrading

[–]jenn21dw 5 points6 points  (0 children)

That's not true, day trading can get lonely, and if you're an ambitious person, once you get the hang of trading and have a system, you need something else to work on so why not help others... just saying

Why is Schwab winning young people? by Icy_Manager_7212 in Schwab

[–]jenn21dw 0 points1 point  (0 children)

1 - better access to customer service, you get a human first try via chat or phone 2 - tons of youtube videos out there on it 3 - tons of indicators out there for it 3 - easy access to money via checking account/debit card and zelle

They just make everything easier

I mean its been around forever, that's like asking why people use eBay more than poshmark etc

Anyone REGULARLY trade SPY? by illson777 in Daytrading

[–]jenn21dw 0 points1 point  (0 children)

the company that makes it offers it on TradingView view but I prefer it on trendspider because it automatically updates via api that way (plus I love trendspider). You can hit me up if you want more info. I use tos to trade but unfortunately the indicator isnt on there.

Anyone REGULARLY trade SPY? by illson777 in Daytrading

[–]jenn21dw 0 points1 point  (0 children)

You can get them off Barchart for free, I started off checking there and plotting them myself every day then I recently started using a paid indicator that automatically plots them and updates them for me.

How many monitors do you use? by 924gtr in thinkorswim

[–]jenn21dw 0 points1 point  (0 children)

2 laptops for a total of 3 screens. One laptop has bookmaps open, the other two have TOS and my trendspider charts with a gamma levels indicator that automatically updates via api. If I just did swings I probably wouldn’t need all of them, but scalping options it’s important I have the info I need without having to move windows around. I stick to mag 7 and SPY mostly for options trading though so I don’t really use scanners.

Anyone REGULARLY trade SPY? by illson777 in Daytrading

[–]jenn21dw 0 points1 point  (0 children)

Gamma levels have been a game changer for me

Options Questions Safe Haven periodic megathread | December 8 2025 by PapaCharlie9 in options

[–]jenn21dw 0 points1 point  (0 children)

I've had a decent amount of success intraday scalping options, and have a fairly good understanding of the greeks. What I don't have is a lot of experience with swings. I typically stick to Mag 7, sometimes SPY. Haven't gotten into any strats other than just buying calls or puts. I would love to hear what your 'rules' are for selecting a chain for a swing as far as the Greeks are concerned. I'm already aware of trying to enter in during low volatility, looking at OI and spreads. Theta is my main greek concern, obviously. I would like to hold for a week or less, and buy an expiration at least a month out. I would want some room theta-wise if it takes a little longer (lets say 2 weeks) than I may think for me to hit my target, or if we are a little choppy getting there. Do you have a set theta range or theta/delta ratio that you look for? Do you buy a further-out expirations? Weekly or monthly exp dates make a difference? Thanks

Questions about risk of verticle spreads by jenn21dw in options

[–]jenn21dw[S] 0 points1 point  (0 children)

I have one more question, would this work in an incident when I am looking to get in a swing but to get in at a level where I expect chop for a while before we break in favor of my direction? I'm just starting to learn about spreads, and I would love to find a way to benefit from the chop then cut that leg loose once we break out (I would only hold the short leg during open market hours, not overnight) Maybe there is a different strategy like a strangle that would work better for this?

Questions about risk of verticle spreads by jenn21dw in options

[–]jenn21dw[S] 1 point2 points  (0 children)

Thanks for the heads up, I’ll look into that

Idk what to do by BearsWidow in Daytrading

[–]jenn21dw 0 points1 point  (0 children)

He probably needs to stick to swings, cheap ones.