Ajay Khatawate

I can't make money every day. I can run my plays every day. Public logbook: 0DTE QQQ & NQ, every trade posted, wins and losses. Not advice. Rebuilding

[Ajay Khatawate @NSNF_Trading]

The four numbers I'm working on, in order. Everything else follows them.
1. Card-true rate: trades that were the written card. The north star.
2. Trades per day: fewer clicks, only cards.
3. Average loss in R: one R is my $50 band. A stop set before the click, never moved.
4. Payoff: average win divided by average loss. Exits written before entries.
Win rate isn't on the list. It rises by subtraction.
I'll reply to this thread every time I rerun the numbers.
#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

Day 12 of 15 · −$1,248.50 net · 2 trades · 0 cards formed
The Star ❌ · fidelity 0 of 2 · cards taken 0 / passed 0 / missed 0

Day 2 of the FundedNext 50K eval. Went long at 6:40, before my opening range was even done. Said my stop out loud (684). It printed at 6:44. I held, then added under it. The daily loss limit closed both at 7:10. Yesterday's green became today's cushion. The eval is still alive. Monday is a watch day.

✅ Said my stop before the click
❌ Didn't take it when it printed

#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

Day 11 of 15 · +$352 net · 3 trades · 0 cards formed
The Star ❌ · fidelity 0 of 4 · cards taken 0 / passed 0 / missed 0

First day back on a FundedNext 50K eval. Four fills, all shorts, all green. None of them were my cards. No card formed by my rules today and I clicked anyway, twice at 2 lots on a 1-micro plan.

✅ Stood down through the 7:00 data release
❌ Wrote my prices after the fill, not before

#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

T2 · QQQ 696C · 8:01 → 8:09 · −$24.87 · 8 min · off the card
CARD: called C again. C fired at 7:54, paid by 7:55, closed back inside the OR at 7:56. Each card once a morning.
TEST: a long in the top third, under VWAP, 7 minutes late. A no-click zone.
CLICK: stop and target after the fill, but a real QQQ line this time.
EXIT: out by hand near my line. Second red, day over.
GRADE: D. Smaller loss, same click. Fix: when the card's done, it's done.

[Ajay Khatawate @NSNF_Trading]

Mark V · Day 3 of 15: −$79.41 net · 2 trades · 1 card formed
The Star ❌ · fidelity 0/2 · cards: 0 taken · 0 passed · 1 missed

Right read, wrong place, twice. Bought the pullback a point above the card's line and stopped out. The real card printed 3 minutes later and I called it by the wrong name. Went back in 7 minutes late. Two reds, day over.
✅ up at the alarm, sat through ISM, left my stop alone, quit at two reds
❌ 2 off-card clicks, and I missed the one card

#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

T1 · QQQ 697C · 7:39 → 7:51 · −$54.54 · 12 min · off the card
CARD: called C up. Accepted at 7:21, right read. The pullback has to reach within 0.35 of the OR high. I bought 1.39 above it.
TEST: waited 18 minutes. The card took 33.
CLICK: entry zone said first, stop and target numbers after the fill. Target 2R, the card says 1R. 1R traded at 7:43.
EXIT: stopped at the band. Wanted to move it, said so, left it.
GRADE: C−. Held the plan, but the plan wasn't the card's. Fix: the line at the card's price.

[Ajay Khatawate @NSNF_Trading]

October 2026, every trading day, rule-breaks included.
Net −$41 on trades. Account $730 → $572. The other −$116 was debits on the account, not trades.
The good: +$42, +$49, +$46 on 10/13 to 10/15, one contract. Wrote Mark V and signed it 10/28 after testing 394 rule variants on five years of QQQ. Started a 15-morning run on it 10/29.
The bad: the FundedNext eval failed 10/6, −$1,124 in one day, sim money, a short against my own written plan. Three dark days after. −$142 on 10/16.
What the month proved: my clicks on or near the plan paid +$161. The clicks off it paid −$210.
November: the run. One ticker, one contract, the line on the page before the click.
#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

T2 · QQQ 696P · 7:56 → 8:30 · +$62.93 · 34 min · off the card
CARD: called A. The OR high took tests 3, 4 and 5 at 7:41–7:48, but every stop was over A's 0.3 limit.
TEST: in at 7:56, 7 minutes after the last trigger, at VWAP, 0.8 under the line.
CLICK: "We're negotiating" at 7:54, clicked at 7:56. Stop worked out after the fill.
EXIT: took it at 8:30 on a bell that doesn't exist. No written target.
GRADE: C−. Good read, wrong entry. Fix: the line before the click, or no click.

[Ajay Khatawate @NSNF_Trading]

Mark V · Day 2 of 15: +$8.04 net · 2 trades · 0 cards formed
The Star ❌ · fidelity 0/2 · cards: 0 taken · 0 passed · 0 missed

Second empty morning in a row by my rules, and I clicked twice again. The first broke the card by four cents and stopped in 4 minutes. The second read the OR high right but came in 7 minutes late with no target.
✅ took the stop flat, stayed off the screen while the OR formed
❌ named the negotiator out loud, then clicked 90 seconds later

#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

T1 · QQQ 694P · 7:30 → 7:34 · −$54.89 · 4 min · off the card
CARD: called QB. The retest closed 4 cents back above the OR low. The card says no QB today.
TEST: the ghost came first. 7:25, angry I wasn't short. Clicked at 7:30.
CLICK: numbers after the fill. Target 2R, the card says 3R. Stop at the premium band, not a QQQ line.
EXIT: stopped in 4 minutes. "One red. QB did not work."
GRADE: D. The loss was fine, the click wasn't. Fix: a rule with a number has no small amounts.

[Ajay Khatawate @NSNF_Trading]

T2 · QQQ 717P · 8:37 → 8:51 · +$21.09 · 14 min · off the card
CARD: called A, then "a failed C." Neither formed. It was the OR high's first test, after A's 8:00 close, and 6 closes above isn't C's 10.
TEST: in on a close back under the OR high at 8:36, seven minutes after my 8:30 window closed.
CLICK: no written line before it. The three prices came after. Stop 1.2, over my 0.9 band.
EXIT: out at 0.7 of a 2.4 plan, on fear and an old 9:00 clock. The target printed later.
GRADE: D. Fix: nothing new after 8:30, and the stop gets checked against the band before the click.

[Ajay Khatawate @NSNF_Trading]

Mark V · Day 1 of 15: +$62.89 net · 2 trades · 0 cards formed
The Star ❌ · fidelity 0/2 · cards: 0 taken · 0 passed · 0 missed

The deck said empty morning. I clicked twice, both off the card, both green. The first was a good read at the wrong line with a stop twice my limit. The second came after my 8:30 close, and I cut it at a third of its target.
✅ an hour of mid-range chop with no click; passed a B that never swept
❌ no written line before either click

#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

T1 · QQQ 715P · 7:34 → 7:41 · +$41.80 · 8 min · off the card
CARD: called A at the OR high. The OR high was never touched before 8:30. I faded the 7:02 high under it.
TEST: counted a 3rd test of the wrong line. Shooting star at 7:33, in at the 7:34 open.
CLICK: entry and stop spoken at the click, nothing written. Stop 0.6, double A's 0.3 limit.
EXIT: held to 2R at 7:41. "We're not jumping out just cuz it looks weak."
GRADE: C. The hold was right, the line was wrong. Fix: A only lives at the OR high, and the line goes on the page before the click.

[Ajay Khatawate @NSNF_Trading]

Rerun, 10/22, since the baseline (9/23–10/22), 33 trades:
1. Card-true rate: 6%. Baseline 15%. Target 50%.
2. Trades per day: 2.4. Baseline 4.3. Target 1–2.
3. Average loss: 4.2R. Baseline 2.3R. Target 1.5R or less.
4. Payoff: 0.37. Baseline 0.90. Target 1.5.
Expectancy −1.25R a trade. Profit factor 0.26.
The card book: 2 trades, −$6. Card with one rule off: 9 trades, +$178. Off the card: 22 trades, −$2,235, red on 11 of 12 days.
The worst of it was a futures eval I blew on 10/6: 6 trades, −$1,362.
R is $50 from here, as the head post says. The baseline's 2.8R was figured at the old $35 band; at $50 it's 2.3R.

[Ajay Khatawate @NSNF_Trading]

The four numbers I'm working on, in order. Everything else follows them.
1. Card-true rate: trades that were the written card. The north star.
2. Trades per day: fewer clicks, only cards.
3. Average loss in R: one R is my $50 band. A stop set before the click, never moved.
4. Payoff: average win divided by average loss. Exits written before entries.
Win rate isn't on the list. It rises by subtraction.
I'll reply to this thread every time I rerun the numbers.
#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

T2 · QQQ 710C · 7:29 → 7:40 · −$47
Card: none. Accepted below the opening range since 7:23. VWAP falling, three points above me.
Why I clicked: the lower band. At the click I said "catching the knife."
Three minutes before, I said "those 714 puts." The put I'd sold was running.
Stop: one band, then widened ten cents at minute one.
Minute three was red. I held eleven minutes.
Exit: 2.07, by hand.
My page this morning: HTF down, LTF down, no longs.

[Ajay Khatawate @NSNF_Trading]

Day: −$5 net · 2 trades · 1 near-card, 1 off-card · 1 lot each
Gap down 12 points. The first trade faded the opening range high on the bar after the close and took VWAP the minute it printed. The second bought calls three points under VWAP in a falling market. My own page this morning said no longs today.
✅ Took the target when it printed. That's the exit I missed yesterday.
❌ First trade: the stop closed through and I held. The resting stop missed by two cents. Second trade: no card, bought the knife, widened the stop, held past minute three.
The put I sold at 2.84 traded 7.79 an hour later. No card covered that move.
#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

T1 · QQQ 714P · 7:00 → 7:06 · +$42
Card: on my 7:00 map as "sweep of the prior high." OR high 714.74. First approach after the open: 6:58 closed above, 6:59 closed back under.
Count: one approach, not the third test.
Entry: 7:00:05, the bar after the close. Stop said before the fill: a close above 714.92.
Runway: VWAP was 1.5× the stop. Under my 2× floor.
7:01 closed 715.12, over the stop. Minute three was red. I held. The resting stop at one band missed by two cents.
Exit: VWAP printed 7:06. Out at 2.84.
What held: the click after the close, the stop at the zone's top, the target taken.
What didn't: the count, the runway, two stop rules.

[Ajay Khatawate @NSNF_Trading]

T2 · QQQ 723P · 7:32 → 7:50 · −$63
Card: A again, test four of the same zone. The 7:31 poke to 722.76, close back under. In at 7:32:02, the next bar.
Stop by structure: a close over 722.76, 0.23. Draw to VWAP 721.8: 0.75. 3.3×. VWAP was the target by my rule.
Said at the click: "shorting above VWAP. 2.28 in." No target said. Later it was 720.
VWAP printed at 7:38. Up about $70. I held for 720: "let it hold, it's called managing the trade."
The stop printed on the 7:48 close. Out 7:50:48, two bars late, 1.3 bands.
What held: the card, the entry on the next bar, "done for the day" after the second red.
What didn't: the exit. The right target was the near one. At one lot the far level doesn't exist.

[Ajay Khatawate @NSNF_Trading]

Day: −$108 net · 2 trades · 2 cards · 1 lot each
Gap up into yesterday's high, a 3-point box all morning, VWAP flat. Both trades were the fade at the top of the box after a third test, both entered on the candle after the close. First day this month with every click in the playbook.
✅ Map written before 7:00. Entries on the next bar, 4 seconds and 2 seconds after the close. First trade: stop said before the fill, taken on the close at minute three, exactly one band.
❌ Second trade: the target was VWAP by my rule, 3× the stop. It printed at 7:38. I held for a farther level, it came back through the stop, and I took the stop two bars late. A $135 swing on "let it hold."
Tomorrow: the target is the next level. When it prints, I'm out.
#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

T1 · QQQ 723P · 7:00 → 7:03 · −$45
Card: A at the top of the box. The 722.75–723.07 zone, five pokes by 7:00.
State: inside the box, contested. HTF down, LTF up. Above VWAP by 0.7.
Trigger: the 6:59 close back under 722.75. In at 7:00:04, the next bar.
Said before the fill: "stop above 723.2, this is card A from the 7 o'clock map." The target came a minute late.
Stop: tightened to 722.94 at minute two. The 7:02 candle closed over both.
Exit: "Closed above. Out." 7:03:09, minute three, 0.9 bands.
What held: the level, the count, the close, the next bar, the stop on time.
What didn't: the target wasn't said before the fill. The stop moved, tighter. Still moved.

[Ajay Khatawate @NSNF_Trading]

T3 · SPX 7750C · 9:11 → 9:25 · −$48
Card: none. I called the day done at 8:53 and left the platform open.
Why: frustration about a 12-point move I had no entry for. I wanted to make money.
Entry: 1.15, on the instrument I'd said no to on the mic at 7:38.
Stop: 0.55, never hit.
Exit: 0.70, because I felt guilty being in it.
What held: nothing.
What didn't: "TWS closed" was never typed. Second time in four sessions.
Tomorrow: 8:55, platform closed, typed, before anything else.

[Ajay Khatawate @NSNF_Trading]

Day: −$21 net · 3 trades · 0 cards · 1 lot each
Gap down, then a 12-point rip from the 6:45 low straight through every level I had. My playbook has no entry for that, so the right trade was no trade. I took three.
✅ Routine ran as designed for the first time: desk 6:00, mic 6:00, levels by 6:19. First trade: stop and target said out loud before the click, hard stop in at minute 3, out at exactly 1R.
❌ Never wrote the 7:00 map. Shorted a day I'd just called "accepted above" on the mic. Third trade after I'd called the day done, platform still open, SPX call on frustration. Same leak as last Wednesday.
Tomorrow: the 7:00 map before anything, platform closed at 8:55, typed.
#0DTE #options #tradingjournal

[Ajay Khatawate @NSNF_Trading]

T2 · QQQ 720P · 8:17 → 8:34 · +$79
Card: none. After 8:00 my book has no fades.
State: the drive stalled at 7:40, new box 720.58–722.34, broke at 8:12 on the biggest volume of the hour.
Level: the flipped box low. The 8:17 push stopped 0.27 under it. First test, no close.
Entry: 2.02 at the push, before the close. Said "taking the shorts." Nothing else before the fill.
Stop: 1.11, placed at minute 8, above the 8:12 candle. 1.8 bands.
Target: named at minute 7. VWAP, 715–716.
Exit: 2.83 at 8:34, my call, 0.3 above VWAP. Neither the target nor the stop printed.
What held: the stop was structure and never moved.
What didn't: no map at 7:00, nothing said before the click, after 8:00, out by feel. Green on a trade that doesn't exist in my book.