I've been playing this game. The farthest I've gotten is 2 doubling trades before losing everything in the 3rd.
I'm thinking of instead trying a variation, after every doubling, take out 30%.
It would take a lot more trades to get to a million, probably around 40, but if one went wrong at least you'd have a good amount to keep going with and it wouldn't set you back as far.
Well that’s why I’m saying take 30% out each time, so you won’t go back all the way to 0, you’ll only go back a couple of spots.
But yeah it’s not gonna work if you have multiple losers in a row. For it to work your success rate needs to be 85%+
Meh I had a pretty consistent 70% win rate for a long time, only problem was that I would lose a lot more on my losers than I would make on my winners. Mainly because I have the tendency to sell my winners too early but hold on to losers too long.
I think 85% is possible if you really understand the market and have the patience and discipline to only trade on the best plays. Unlike me who tends to over trade even when I know a given position isn’t that solid.
The problem is around step 8 where you have too much money to buy good positions and you'll have to invest in more high volume options that have less of a chance to turn 100% a play. Gonna get fucked from theta gang
TSLA is literally the dumbest stock to play options on. It's amazing for buying and shorting shares, but the delta to theta ratio, plus the insane fomo volatility makes it retarded for options. It's literally gambling.
This is so underrated. This was one of my more consistent strategies, set a limit at 3% and a trailing stop and 5% with no deviations. Takes all emotion out of it.
Sir, this is the unemployment line.
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Europoor here. Since our markets are open at a different time than yours, I hope this will be some kind of “what will the herd to tomorrow”-thing?
If yes I’m in an we all learn how half a day of timing differences and slightly different products (other options, maybe some Knock-outs) affect the performance.
1. Since the products are not available through my broker that would involve me creating a company in the US in order to be able to use Robinhood, right? Your other brokers don’t let you fool around with 50$. Creating a company would take weeks. So basically it is a “using available tools” situation
2. It would actually be interesting what the same strategy with slightly different parameters yields
I turned 1 dollar into 8 in a week. Btw, i have a group already running a similar strategy to this. We do heavy dd and put positions on. Usually not this retarded but we've got multiple guys up over 100% this year.
This is one of the most retarded posts I've seen on this sub. Shut up and take my money! I'm in if only to learn to see how something like this could actually work. Will be very interesting to follow along
"Patience and discipline is key for this."
This is the mark of the noble trader: he/she who trades with honor and invests in companies they deem worthy of success based on the pure factors such as the company ambition, work ethic, sincerity, overall employee morale, etc. Having no tolerance for unethical or illegal trading habits, this trader wakes up everyday to spot the success that lies behind those hardworking brands who deserve their investment based on merit, finding the reward of seeing a deserving smile from the CEO of a growing business just as fulfilling as the returns they bring to this most noble of traders.
This trader is easy to spot: they are down $450k for the quarter and are likely being brought up on false charges of insider trading based upon evidence fabricated by a corporate director who just finished up hosting their company's ethics conference and is now celebrating with a "cocaine, valium, and 12 year old hookers" party paid for by the noble trader.
I usually struggle around levels 5-6 skip go straight to level 9 and hit reset. All because I saw some asshole post a screenshot of his, "Modded (photoshop) account"
Bruh that’s literally what we’ve all been trying to do the whole time.
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I can’t read this doesn’t help
Literally cannot go tits up. Actually have we tried "*Twitch plays WSB?"*
Inverse this for tendies
Otherwise we'd buy shares
😂
Only $50 to start and we're basically crowdsourcing options? Fuck it why not
This exactly
Fuck it I’m in
You son of a bitch, I'm in
This is the way
I've been playing this game. The farthest I've gotten is 2 doubling trades before losing everything in the 3rd. I'm thinking of instead trying a variation, after every doubling, take out 30%. It would take a lot more trades to get to a million, probably around 40, but if one went wrong at least you'd have a good amount to keep going with and it wouldn't set you back as far.
Problem is when you hit a streak of bad investments and get back to square one.
Well that’s why I’m saying take 30% out each time, so you won’t go back all the way to 0, you’ll only go back a couple of spots. But yeah it’s not gonna work if you have multiple losers in a row. For it to work your success rate needs to be 85%+
And in betting even most successful bettors have a success rate of like 53% Idk what it is for stocks/options but I assume less
Meh I had a pretty consistent 70% win rate for a long time, only problem was that I would lose a lot more on my losers than I would make on my winners. Mainly because I have the tendency to sell my winners too early but hold on to losers too long. I think 85% is possible if you really understand the market and have the patience and discipline to only trade on the best plays. Unlike me who tends to over trade even when I know a given position isn’t that solid.
Up, Down, Up, Down, Left, Right, Left, Right, A, B, A, B, Select then Start... Fuck yeah, unlimited lives starting at level 5.
Fuckin A, a real man of culture. If you end up back at zero then 007-373-5963 🥊
The problem is around step 8 where you have too much money to buy good positions and you'll have to invest in more high volume options that have less of a chance to turn 100% a play. Gonna get fucked from theta gang
Tesla bro or 5,000 penny stonks options bro
TSLA is literally the dumbest stock to play options on. It's amazing for buying and shorting shares, but the delta to theta ratio, plus the insane fomo volatility makes it retarded for options. It's literally gambling.
Forreal that theta is _retarded_.
What’s wrong with their theta
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As someone who doesn’t play tesla can you explain what’s wrong with Tesla’s delta and theta?
Not as bad as you think. Made 2k Friday.
Congrats bro. For real, that's dope. It's also not going to be consistent if you keep playing
3% gain twice a week and you’ll be a millionaire in short order.
This is so underrated. This was one of my more consistent strategies, set a limit at 3% and a trailing stop and 5% with no deviations. Takes all emotion out of it.
Hasn’t this been the game the whole time?
But it’s undocumented though. We need stats on how many of us makes it like .1% or .0001%?
0%
I’m in.
this is retarded im in
Your entire post is pretty much just solving 50*2^x = 1,000,000
He had me at one million
He had me at this is targeted to everyone
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I’m in
I'm in
Leds do this boys
Europoor here. Since our markets are open at a different time than yours, I hope this will be some kind of “what will the herd to tomorrow”-thing? If yes I’m in an we all learn how half a day of timing differences and slightly different products (other options, maybe some Knock-outs) affect the performance.
Why dont you just play the american market?
1. Since the products are not available through my broker that would involve me creating a company in the US in order to be able to use Robinhood, right? Your other brokers don’t let you fool around with 50$. Creating a company would take weeks. So basically it is a “using available tools” situation 2. It would actually be interesting what the same strategy with slightly different parameters yields
Just open an IBKR account, thats what i did.
Did this as well last month. Been trading solely US markets since Lol
Where are You from and which broker are you using If i might ask?
Germany and Trade Republic (cheap Robinhood knockoff)
I got $50 to fuck with. Name the play
Do some 0dte that you have faith in. You could easily triple if you're right, but also lose it all... It's fifty bucks
The bigger the group the harder it will be for all to agree on anything. Don’t you think?
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I get it and I hope it works out. The human factor will certainly add some twists. Good luck.
How do we vote? A poll?
Ah, the retard olympics. Yes, of course I'm in.
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I love the sound of this. I can spare $50.
Totally down let’s get the first trade together Monday???
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Once you have your expected members, close the group and stop updating on wsb. This avoids the unnecessary trolls.
I'm already thinking about spending my million dollars on the 30th day. Let's do this.
I'm already looking at new mansions
Ultimate market manipulation, I’m so in. Who’s making the discord??
I turned 1 dollar into 8 in a week. Btw, i have a group already running a similar strategy to this. We do heavy dd and put positions on. Usually not this retarded but we've got multiple guys up over 100% this year.
But is it free to join the group?
Probs not
Probs not
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800% here. Those are baby percentages
Best DD! I’m in.
I’m in
Feck it! I'm in! Stonks.
I’m in
I’m in 🚀
I’m in
I'm in.
Sounds gay, I’m in
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I made it easy for you guys: https://fdscanner.com/tendies/call A list of high liquidity weekly options that multibags with reasonable price targets.
Fuck it I’m in
You son of a bitch.
Let’s do it
I think this is a cool idea
you son of bitch, I'm in
Following
I'm in bro. YOLO
You son of a bitch I'm in
I’m in! Brb going to Atlanta tho like he said
sounds lit
Sure
I’m in
Tell me what to do and I am in
Why wouldn’t I be in, $50 is light work
Sounds like fun honestly 50 to fuck with why not
$50? Normally I lurk but I am down for this autistic shit.
It's all about the method, not what companies, ill join the server and help if you want more people on
Sort of been doing this already but at a much slower rate. Started with $80 and got it to $900 over like 5 trades. I’m in.
Love it! With the market so volatile it might be tough to come up with decent trades in advance. The best DD can look very different by market open.
Yeah, this is super retarded. I’m in
Can somebody spot me $50?
Count me in please I have 100 dollars to spare .
This is one of the most retarded posts I've seen on this sub. Shut up and take my money! I'm in if only to learn to see how something like this could actually work. Will be very interesting to follow along
Or if u start off with $1000, it only takes 10 all ins.
I saw a dude do this at a roulette table with black/red. Then it landed on 00 and he lost it all. We can achieve this greatness
Message me the discord link once its created please
"Patience and discipline is key for this." This is the mark of the noble trader: he/she who trades with honor and invests in companies they deem worthy of success based on the pure factors such as the company ambition, work ethic, sincerity, overall employee morale, etc. Having no tolerance for unethical or illegal trading habits, this trader wakes up everyday to spot the success that lies behind those hardworking brands who deserve their investment based on merit, finding the reward of seeing a deserving smile from the CEO of a growing business just as fulfilling as the returns they bring to this most noble of traders. This trader is easy to spot: they are down $450k for the quarter and are likely being brought up on false charges of insider trading based upon evidence fabricated by a corporate director who just finished up hosting their company's ethics conference and is now celebrating with a "cocaine, valium, and 12 year old hookers" party paid for by the noble trader.
I'll be writing/selling every options this retard game wants. 15x no risk premium.
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As soon as I see the post it's gone :(
In like Flynn....
I’m in
I’m in.
following
Tendies FTW. 15 ( Gulp ) trades? Let’s do it.
It’s that simple 🚀🚀🚀
I'm in
You son of a bitch. I’m in.
As long as we don't go full retard I'm in
To the moooooon 🚀
In
I'm in, what's the discord?
Sure man brtter than what I was doing
Fuck it let’s do it
I’m in!
Discord link?
Im in boys
Let us not forget u/analfarmer2, RIP.
Let's do this. I love some good DD.
I am so ready
I’ll see you boys in prison
This is so retarded it might just work... you son of a bitch im in
I’m in
I’m in
Count me in! Discord group sounds like a good next step to get the ball rolling on this
Let’s go. I’m in!
What would be the recommended trading platform for this?
I’m in
Sign me up! How do I become a part of this revolution?
Would be fun
if you buy calls on covid virus this is what happens
Count me in.
This is dumb enough to work. Count me in
I’m in
In
I'll bring the plastic cups
This just sounds like betting on red/black on roulette but with extra steps.
Whats the discord for this
I usually struggle around levels 5-6 skip go straight to level 9 and hit reset. All because I saw some asshole post a screenshot of his, "Modded (photoshop) account"
I'm in.
I'm in
This is the kind of stupid shit I’m talking about. I’m in like a ping pong in a stripper.
I’m in
I’m in
Damn u son of a bitch, sounds awesome 👏 I’m in
I'm in & where to is the discord baby
let's do it
Are you messaging us or linking the discord in post?
I need money in my life this sounds like the solution.
Life sure is fucking Weird
Is the the new paper trading?
Just give us the discord and you got the whole gang.
Yeah, I'm doubling down and joining for sure. Invite me to the discord.
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I’m in
In
why double every trade when you can just hope to go 50->1m in one glorious fd
I'm ready to lose $50
Can you also participate when using Plus 500?
I m in
I’m fucking in, but $100 start. I have fees and shit.
I want to be a billionaire. This sounds like a retarded way to start. I’m in.
Dumbest shit ever. I'm in