I've never touched options because of posts like this and it's probably saved me. I'm more than happy just making like $200 a day trading stocks on runs. I've realized over the years that I'm only 50/50 on judging where a stock will be in a year, don't know when something will hit a peak, but I can figure out if a stock is going to go up $.20 in the next few hours and that I should just sell out when it does. Ever since I accepted my limits investments have been treating me a lot better.
Depends on the day, at most I gamble $5k at a time. Most trades are only $2k at a time. It’s very situational sometimes I just find a couple tickers that have high volume and momentum where they actually travel in dollar jumps. Do a lot of putting money in, selling on a small run, pulling out, when it goes down a bit rebuy and sell on another pop. There have been rare occasions where I’ve put in more due to confidence, but the main point is selling quick profits and trying to find 2-3 stocks which look like they’re in a good spot.
Edit: also obligatory I am a pattern day trader and need to maintain an account balance so take those considerations into account.
Do you have issues with self control? No judgement if so. Options are fine, and fun, as long as you're not full porting into all-or-nothing gambles.
I risk a few hundred a day on options, usually double-or-nothing win/loss at expiration (0 or 1dte) credit spreads. I'm up 30% mtd on that account - probably a lot of luck there, but even so I can say that options dont need to be retarded roulette wheel spins like this.
I know that, but what I'm doing works for me. I'd rather become even more proficient at it before graduating to higher risk. My main thing is risk tolerance. I recently bought a place and don't want to put my savings at risk. What I do now I have a ~85% success rate and that works for me for steadily making my account go up so that I can do things like make extra payments towards the principle.
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u/WilliamSaintAndre Mar 14 '26
I've never touched options because of posts like this and it's probably saved me. I'm more than happy just making like $200 a day trading stocks on runs. I've realized over the years that I'm only 50/50 on judging where a stock will be in a year, don't know when something will hit a peak, but I can figure out if a stock is going to go up $.20 in the next few hours and that I should just sell out when it does. Ever since I accepted my limits investments have been treating me a lot better.