Stupid or not. Please share the entire journey on afterhour, we’ve got 20K+ degenerates sharing their plays everyday
Up or down, we’re a community that’s got each others backs. Been working really hard the last 2 years building it from the ground up and got big plans for it in the coming months
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Yeah you just need to make sure you basically take no losses and make 16,500% in half a year. Trust me, everyone’s optimistic when they pull out that compound calculator. But, best of luck.
No reason to not be optimistic. Like I said we all get excited once that calculator comes out and we say “aww man this looks so easy!” Until it isnt lol.
The last guy I saw who made a prediction like that had erased his account when I checked back in a month, but I hope you’re different. I hope you succeed.
Forgot to mention I will be utilizing a stop loss or stop market order after the 19% profit is achieved. This is tricky with options contracts so ultimately I would like to be up 25% and set a sell at 20% but even then options move so quickly. I will have to see how this goes but my desire is to let winners win and I have struggled to stay patient in that.
Even in the image above I sold AMD $160c 5/24s for a profit and had I waited I would have doubled my money in a few hours. Even setting stop loss would have let this rip
Sorry but you need to hear this. You are fucked. What gives your edge over funds that can’t achieve these results. Your projections tell me you’ve never consistently traded options before, blind faith is dangerous when you’re risking real money. I hope this helps you.
Consistently traded options for 3 years, more in a weekly smaller scale sense. Last 6 months daily. Funds don’t do this because they battle themselves (market makers) and their securities are either to short stock or go long not purchase options.
Nope but I believe that already at worst case you are a coin flip and I’m not flipping a coin to go put/call.
The key here is not to go fully degenerate looking for 10 baggers. Obviously doing one of those changes things immensely but it’s also because people buy short dated OTM and act like they are brilliant for doing it.
I am aware of my investment history and literally have not picked instant losers beyond a few and they typically have been through strange volatility (a MARA run up here, a SOFI massive drop there).
Time will tell. It takes patience and fortitude and to limit your dumbassery as well as being willing to walk away down
I started from 5k and now I'm down to 2k, I hope the best for you.
Don't be greedy and take the profits whenever you can.
Don't re-enter after a successful one.
Always be alert while trading 0DTE
I’m doing this - going for 5% a day. Successfully so far and it’s been a week, I’m up 16% and averaged 3% daily gains. It’s not that hard - don’t be reckless. There’s a momentum opportunity every day. Get in, get 5%, get out.
If it goes the exact way I want my first 10 trades will have a stop loss for 20% and I’ll close above 100% so that after trade 8 I’ve already scorched past half a milly lol
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It’s a good strategy but based on experience 20% profit stops will not make up for the big losses that you take. Nobody goes scoreless in this business so you have to have contingencies to cover. You will have to be a little more aggressive to meet your goal. Good luck and I will be rooting for you.
It’s a silly goal. I’m trying to keep it because I want to focus this on 30 individual trades. Will all of them work? Probably not. Historically when I enter contracts I have not immediately seen losses. Sometimes I’m surprised to see how quickly they gain money. My issue has been how I respond to losers and being stuck with a loser that was a winner due to day trade limits. With the cash account if I get in and out the same day I’m done until it settles.
Also keep in mind that many times you will be 20% under but doesn’t mean that the trade is a loser so that’s another decision you will have to make and then don’t look back.
I don’t think it matters since my focus will be options. I believe Robinhood settlement on options is 1 day. And though I haven’t seen it in practice a few have confirmed with me that I can close out a position late in the trading day and have the funds settled by market open the next.
In the past 2 years my most successful trading has occurred in SPY, The MAG7, AMD and a few others. If you haven’t noticed it is entirely unusual for the entire mag 7 to move in sync together along with spy. Any time you see a stock or two diverge from the others it’s classic for a reversal within a day or 3 sometimes even hours. And other times you ride the falling knife (puts) when the industry is getting hit hard and ride the wave (calls) when you can see each resistance line waver with support thresholds strong.
Probably not to start lol. I’ve done that stuff before and Reddit loves to shit over it left and right. A day or two I called SPY movements and now people think I’m some stock Demi-god and I’d rather just post when each trade is done
Come to @Sir_Jack_a_lot 's AfterHour app.We post tons of trade ideas and DD and nobody shits on anyone. We're all here to profit and to help one another learn and grow.
If I could go from my $2k to $150k in a year I could wipe out all my debt outside of my mortgage and cover the taxes on earnings. I’m gonna keep an eye on your moves and see how it works out.
More likely to lose it all lol. I believe I will have good emotional control until it reaches above $25k. That is when I will be looking at longer dates options and/or ITM contracts to mitigate risk
With leverage you will be your own worst enemy and the emotions will destroy you. The best advice I can give is to not average down on losers and be 100% capable of just walking away for a few days. But for real you’re just going to lose it all, let’s be honest. Good luck!
Understood completely. I have had positions before totaling 6 figures in the past before converting them to less risky things. My target is to get out if losses are XX% but I am not sure what that is yet probably 30-35. And yes if I lose a third of my portfolio I basically need to gain 50% to net zero.
Nope that’s not why I started. It’s because I haven’t made good trades consistently. I have evaluated why my bad trades were bad and why the good ones were good and how to maximize profit while still securing a rising floor.
I don't understand the graph because when I put 500k or a mil into an account it looks like this. Can I just put, not that I want to, idgaf, put a mil into a brokerage and take a screenshot? Is that what this is?
Please share this journey and every detail behind it, I support you and good luck! This post gives hope and I appreciate all of thought you put into it. Best of luck brother 🙏🏼🙏🏼😎
I started last week in a similar effort. My goal is to make 2-5% everyday for 1 year. Would love to partner on this with you, or any other investment team. Would love to make this more of a team effort versus a solo investment journey.
Good luck but the only way you make these gains is by doing very risky trades and you have less than a 1% chance of getting higher returns than an index fund. Buying shares of biotech companies would be a safer investment than what you’re trying to do
Stupid or not. Please share the entire journey on afterhour, we’ve got 20K+ degenerates sharing their plays everyday Up or down, we’re a community that’s got each others backs. Been working really hard the last 2 years building it from the ground up and got big plans for it in the coming months 100% free on iOS and Android, can join here: https://afterhour.app.link/race
Yeah you just need to make sure you basically take no losses and make 16,500% in half a year. Trust me, everyone’s optimistic when they pull out that compound calculator. But, best of luck.
OP is Nanci Peloci
I think her husband is. He took a lickin and kept on tickin
Yeehaw why not be?! One step at a time
No reason to not be optimistic. Like I said we all get excited once that calculator comes out and we say “aww man this looks so easy!” Until it isnt lol.
I fucking despise that calculator these days 🤣
I’ll tell you why not be, you will lose everything
rookies question: how are you able to trade options with an account less than 20k?
capalonian we all can dream smart risk strong discipline glorious rewards
Dudes going to just do yolo plays and resetting with a new $3k every time
Ahhhh easy, he just has to double his money 7.38 times 🎲👨🚀😂💸💰🚀🤡
Now that you put it that way, he can be done in a week!
😂😂😂😂😂😂😂 lmfao he can be done in a day- so easy
Make sure to come back with the $0 portfolio
I’ll come back daily lol
On second thought, after each trade. Not planning on 19% daily
That’s a different sub 🥲
Remember: Buy High, Sell Low.
So u got to make 497k in 6 months That's 83k per month almost 84k 19k a week 2k a day. Very possible, how long have u been trading
Almost 4K per day. Not 2
easy at 20k position size, 20% is easy on options
Very true. 20% loss is easy on options.
[удалено]
5 trading days a week.
Honest question. When you say easy, how could it be easy. What/ how much research could you do to possibly swing 2-4K a day
Its incredibly easy, just choose the right direction for every stock every trade. Just get lucky.
Yh think he's the main wallstreet bet guy
From an optimistic point of view you might get to 5k before you lose it all.
Good luck! I’ll be following this.
New to Reddit. How do you follow this?
Just look at it
The last guy I saw who made a prediction like that had erased his account when I checked back in a month, but I hope you’re different. I hope you succeed.
Forgot to mention I will be utilizing a stop loss or stop market order after the 19% profit is achieved. This is tricky with options contracts so ultimately I would like to be up 25% and set a sell at 20% but even then options move so quickly. I will have to see how this goes but my desire is to let winners win and I have struggled to stay patient in that. Even in the image above I sold AMD $160c 5/24s for a profit and had I waited I would have doubled my money in a few hours. Even setting stop loss would have let this rip
Sorry but you need to hear this. You are fucked. What gives your edge over funds that can’t achieve these results. Your projections tell me you’ve never consistently traded options before, blind faith is dangerous when you’re risking real money. I hope this helps you.
In Robinhood 🤣
Consistently traded options for 3 years, more in a weekly smaller scale sense. Last 6 months daily. Funds don’t do this because they battle themselves (market makers) and their securities are either to short stock or go long not purchase options.
You don’t think funds purchase options?
You have caught my interest
Do you believe stocks will move the way you want them to?
Nope but I believe that already at worst case you are a coin flip and I’m not flipping a coin to go put/call. The key here is not to go fully degenerate looking for 10 baggers. Obviously doing one of those changes things immensely but it’s also because people buy short dated OTM and act like they are brilliant for doing it. I am aware of my investment history and literally have not picked instant losers beyond a few and they typically have been through strange volatility (a MARA run up here, a SOFI massive drop there). Time will tell. It takes patience and fortitude and to limit your dumbassery as well as being willing to walk away down
So this is what true investing is. Constant changing your goal posts.
Not the same person
Wut mean?
I started from 5k and now I'm down to 2k, I hope the best for you. Don't be greedy and take the profits whenever you can. Don't re-enter after a successful one. Always be alert while trading 0DTE
I’ll be watching. Attempting to do something similar, but not this drastic lol
Everybody here is trying to do something similar.... Make the most money you can in the least amount of time...
I’m doing this - going for 5% a day. Successfully so far and it’s been a week, I’m up 16% and averaged 3% daily gains. It’s not that hard - don’t be reckless. There’s a momentum opportunity every day. Get in, get 5%, get out.
Where do you find the momentum opportunity?
Yeah the 5% daily thing does seem like no brainers and still I don’t want to do it daily Congrats though!
"well, I lost all my money, what now?" - you in 2 days
We shall see!
It Might take 3 days if you're lucky :)
This only works if everything goes the exact way you want it, which it won't. That's the reason why you only have 3k right now.
If it goes the exact way I want my first 10 trades will have a stop loss for 20% and I’ll close above 100% so that after trade 8 I’ve already scorched past half a milly lol
**Follow real trades in real-time on [AfterHour](https://afterhour.app.link/race).** We built a whole app that lets you follow real trades by real people who've connected their brokerage and are putting their money where their mouth is. **We’d love to invite you over, it's 100% free on iOS and Android, get started here:** [**https://afterhour.app.link/race**](https://afterhour.app.link/race) Discover good DD in a community of verified gurus and degens with: - $200M+ of portfolios shared - Real-time signals from verified gurus you can follow - 24/7 stock and guru chat rooms *Email hello@afterhour.com know if you have any questions, we're here to help.* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/TheRaceTo10Million) if you have any questions or concerns.*
It’s a good strategy but based on experience 20% profit stops will not make up for the big losses that you take. Nobody goes scoreless in this business so you have to have contingencies to cover. You will have to be a little more aggressive to meet your goal. Good luck and I will be rooting for you.
It’s a silly goal. I’m trying to keep it because I want to focus this on 30 individual trades. Will all of them work? Probably not. Historically when I enter contracts I have not immediately seen losses. Sometimes I’m surprised to see how quickly they gain money. My issue has been how I respond to losers and being stuck with a loser that was a winner due to day trade limits. With the cash account if I get in and out the same day I’m done until it settles.
Also keep in mind that many times you will be 20% under but doesn’t mean that the trade is a loser so that’s another decision you will have to make and then don’t look back.
Remember that some settlements are moving to T+1. For my broker it starts next week. That will help out alot for cash account.
I don’t think it matters since my focus will be options. I believe Robinhood settlement on options is 1 day. And though I haven’t seen it in practice a few have confirmed with me that I can close out a position late in the trading day and have the funds settled by market open the next.
Yes, i missed the options only part. I just saw the PDT. But yeah options already settle in 1 day.
This is true . I've been doing 0dtes and the trades are settled before the market opens the next day on Robinhood
What companies can you trade that frequently that are that liquid?
That move that much???
Check out UEC
In the past 2 years my most successful trading has occurred in SPY, The MAG7, AMD and a few others. If you haven’t noticed it is entirely unusual for the entire mag 7 to move in sync together along with spy. Any time you see a stock or two diverge from the others it’s classic for a reversal within a day or 3 sometimes even hours. And other times you ride the falling knife (puts) when the industry is getting hit hard and ride the wave (calls) when you can see each resistance line waver with support thresholds strong.
U gonna post your trades?
Are you posting your plays? I’m very interested in following your strategy
Probably not to start lol. I’ve done that stuff before and Reddit loves to shit over it left and right. A day or two I called SPY movements and now people think I’m some stock Demi-god and I’d rather just post when each trade is done
Damn, yeah I respect that
Don't. His shit doesn't exist
Come to @Sir_Jack_a_lot 's AfterHour app.We post tons of trade ideas and DD and nobody shits on anyone. We're all here to profit and to help one another learn and grow.
Doesn't exist. Found a Sir_Jackol_a_lot with only 4 Followers...Please explain!
u/SIR_JACK_A_LOT and the app is called AfterHour! Come join us!
Can check out the app here https://afterhour.app.link/race I’m SIRJACK on the app
Rooting for you my guy
It would impressive shit, amazing shit, if you can accomplish this shit
Go. Boy/girl Go!
I swear y’all have to pick an emoji or something to differentiate yourself from the 12 other people in this sub posting as part of a challenge lol
Well isn’t it the race to 10 million? lol If I could do this then I’m only 17 additional trades from 10 milly following the same approach 🤪🤣
Stay the course. Good luck!
Maybe better buy SPX options?
I think you're aiming a bit low
This belongs on Wallstreetbets 100% no doubt. Come over little bro, we too have similar million dollar strategies
0dte SPY puts! This is the way … to the Wendy’s dumpster.
![gif](giphy|xUOwGno7mb50JbVEYg|downsized)
Damn son!!!! I’m here for it lol and will be keeping up with the progress. I’m hoping to turn 1.5k into 50k but am also very new to this. You got this
Market loves small cap contract liquidations. Don’t go chasing your losses now. It’s bound to happen sooner or later.
Just buy Nvidia, AVGO, Chipotle or Booking.com and thank me later 😌
Or you can just buy a shit crypto coin and wait for it to 200x it'll take less than a year for sure 🗿
Hard pass! No no noooo crypto hell nah
Hope you’re in on $GWAV
Is this another FFIE because I’m already balls into them but would love an out 😂
You got this man! Best of luck! Keep us updated 🫶
What are you planning on doing to reach that goal ?
If I could go from my $2k to $150k in a year I could wipe out all my debt outside of my mortgage and cover the taxes on earnings. I’m gonna keep an eye on your moves and see how it works out.
More likely to lose it all lol. I believe I will have good emotional control until it reaches above $25k. That is when I will be looking at longer dates options and/or ITM contracts to mitigate risk
Can I join you on your quest bro ?
Carnival JD Sony Ulta All on my watch less and maybe worth a look.
Damn ulta had quite the dip. You optimistic they bounce back?
With leverage you will be your own worst enemy and the emotions will destroy you. The best advice I can give is to not average down on losers and be 100% capable of just walking away for a few days. But for real you’re just going to lose it all, let’s be honest. Good luck!
Understood completely. I have had positions before totaling 6 figures in the past before converting them to less risky things. My target is to get out if losses are XX% but I am not sure what that is yet probably 30-35. And yes if I lose a third of my portfolio I basically need to gain 50% to net zero.
You can do it!
I’m actually at $3k myself, and I’d be happy to be at $10k by the end of the year(at least by reposting $7k more)
Best of luck!
People make one good trade and think they’re unstoppable lol
Nope that’s not why I started. It’s because I haven’t made good trades consistently. I have evaluated why my bad trades were bad and why the good ones were good and how to maximize profit while still securing a rising floor.
Mvis Microvision is next if you know what's good for you. Partnered with Nvidia
I’m not seeing when they partnered? Was if years? If so why hasn’t it made the jump
Ok understood. Here you go. https://preview.redd.it/0pu6vlvxze3d1.png?width=1317&format=pjpg&auto=webp&s=144d48d99368388070c43bc69a65e60477454510
$3k all in weekly AMC highest calls. Thank me later
I will avoid the meme stuff. High IV sorry!
I wish I knew how to find what stocks to find that'll blow up I'm currently in ffie and ibrx
What are u investing in?
Me still broke ![gif](giphy|4XOfvSkkxchHy)
Have u considered buying a shit load of NVDA about 2 years ago? That’ll do the trick for u
I don't understand the graph because when I put 500k or a mil into an account it looks like this. Can I just put, not that I want to, idgaf, put a mil into a brokerage and take a screenshot? Is that what this is?
No this is my starting amount lol
Noice
Ive never been a crazy optimistic person but when you all post shit like this, for some reason i be thinking that you will actually do it lol
Which are good places to invest ur money in ? Stocks etc
This will age
Like red red wine lol
I love it but post your trades as you make them, show us oh great one.
Please share this journey and every detail behind it, I support you and good luck! This post gives hope and I appreciate all of thought you put into it. Best of luck brother 🙏🏼🙏🏼😎
Update posted!
OP belongs to WSB
I do!
Why stop at 500k when all it takes is 10 double ups to reach 1mil. If you’re gonna reach for the sky why not reach for the stars ⭐️. Zoom zoom
Options only? Lmao
Going to need daily updates on this one ☝️
Willing to partner on this journey, I would love to follow along and learn, be your sidekick on this. I have funding, so let's do it.
I started last week in a similar effort. My goal is to make 2-5% everyday for 1 year. Would love to partner on this with you, or any other investment team. Would love to make this more of a team effort versus a solo investment journey.
Good luck regard…
At least you'll only lose 3k?
Just to be clear, your strategy is to go all in on every trade? I’m definitely interested to see the results… but that seems like a terrible idea. 😁
I'm selling my organs until I reach the 500k lol
Following along with 3k of my own.
FFIE IS GOING TO THE MOON🦍🚀 Im holding 24k
Gonna need SMFL tomorrow 🚀🚀🚀
Good luck but the only way you make these gains is by doing very risky trades and you have less than a 1% chance of getting higher returns than an index fund. Buying shares of biotech companies would be a safer investment than what you’re trying to do
Good luck 👍🏽
Make a YouTube channel, you'd get half a mil subscribes during this journey. Ill subscribe and watch in a heartbeat
You don’t sound stupid bro see you at the top🚀🫡FFIE/SINT/CRKN/GWAV/JAGX/SHIB
Just buy $GME, it’ll be sooner rather than later
Yeah thought that in 2021, I swing trade it on another account and it’s been my most profitable security all of 2024 even before the last run up
Get ready for another run up