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Managed risk is the only path to profitability.
Testing some automation on the bot. Traded $SPY and $QQQ using an ORB (Opening Range Breakout) setup. Executed perfectly
We are building on automated setups to execute on options.
The core stays the same. Rock solid risk management.
@AdamMancini4 Misleading… better to see the sweep and failed breakout of previous week high instead of keep noting failed break down. A dead bounce of a low is not failed breakdown.
A usual day in @Team2Trading
Both tps hit. Thank you casey
I use a simple risk management strategy executed by the @trademaster_p bot. Where i set tps and sl and the trade is managed automatically.
Things have turned completely for me when i started using the bot.
#spy
Fast and precise execution by the bot is crucial for trading highly volatile 0DTE options like the SPX today. Today the bot quickly executed both profit-taking targets as soon as they were hit, locking in gains before the premium dropped back below the entry level. This efficiency eliminates delays, ensuring traders capitalize on rapid price movements without missing optimal exits.
Here are the trade results from today’s trades:
- SPY 508 PUT and 5190 calls were executed with TP1 at 60% and TP2 at 120%, as set in the risk settings.
-5200c hit TP1 and then the stop was updated to breakeven automatically ensuring a green outcome on the trade.
- A stop-loss was set at -50%, effectively managing the losing trade for the SPX 5210 call.
This was a fully automated trade execution with just one click. Watch the demo video in the pinned post showcasing the bot’s automated trade management in action.
$SPX $SPY
On 08/07, I hit my first-ever $100k milestone and reset my account to $10k.
I am closing the year with $170k+ from 10k🙏
Thank you @cs_tradess strategy + @trademaster_p bot’s R:R rules = life-changing results.
@cs_tradess is the goat of 0dte
Excited for the new year 🎉🎉🎉
$5k ➡️ $79k in just 4 months 🔥🚀
When I joined this group and first analyzed Casey's data, I knew the long-term results (100+ trades) would be green. But 1590% gains in 4 months?! That’s UNREAL!
Casey's @cs_tradess strategy + BOT @trademaster_p = pure magic for me.
Thanks GUYS
@traderwags Yea I agree… and even making 270 as a flat top. and that lrlr on hourly should be treated as such anytime it forms, front run it by a defined risk
@traderwags How about a double AMD here, election special…
I’d like a short swing first, entry at 20,341 down to green zone if provides..roll profit into mid December longs..
Too much? :)