My strategy is simple, I grow my capital by scalping $SPX/$XSP Options (mainly 0DTE and 1DTEs and occasionally some spreads). I then use the profits from these trades to purchase #Options swings/leaps for stocks that are well priced and at major support levels.
I’m not proud to admit that my trading this week was pretty poor. I did all the things I know not to do! Over traded, chased price action, wasn’t vigilant with my stops, and traded setups that were not great. I got greedy and the results speak for themselves 😳
$UNH
Trade Idea: Jan15’27 500 Call Option. SL at break of support trendline.
Stock recovering well after 2025 crash.
Has an established support trendline with plenty of upside potential.
* Caution: earnings are coming up and resistance zone exists between 365-380.
The stock market is a fascinating beast! But I learnt very quickly that to be profitable does not require you to understand the market intimately, rather it is to find a niche pattern/setup that you can trade consistently.
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For transparency let it be known that I am still far too emotional as a trader. But I am a work in progress.
What’s your trading confession?
#trading#OptionsTrading#TradingCommunity
I have loved every second of my trading journey! I’ve had profitable days and not so profitable days, and I’ve learnt that my emotions could serve to be my greatest asset or my biggest weakness.
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2026 will be your year to prove to yourself that you have what it takes.
> Hustle Hard!
> Trust the Process!
> Stay the Course!
> Continue to Learn and to Grow!
@thestockwhale $UNH is certainly primed and ready to buy at its current price. Stock recovering well after 2025 crash. Has an established support trendline with plenty of upside potential.
* Caution: earnings are coming up and resistance zone exists between 365-380.
My trading so far has been going ok, I’ve managed to grow my account by about $600. I’ll aim to share a regular update of my trade profits/losses for transparency. $SPX #DayTrading#OptionsTrading#TradingCommunity