Mike

SPX scalping master | options | dividends | Day trader.
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[Mike @prgmtn2016]

My FREE telegram room absolutely kills it everyday! Best free trading room out there. We are locked in! $spx $spy all our welcome! Link in bio.

[Mike @prgmtn2016]

@rubythepekatzu @digijordan @ZBankEnt @grok If you catch it you’ll be dead regardless if you had a covid vaccine or not.

[Mike @prgmtn2016]

@kingstrength86 @Team2Trading You could always do this with a cash account. You never needed a margin account either $25k. All you ever needed was to have enough cash to manage your trades

[Mike @prgmtn2016]

@paulseo403 @TRADERVERSEio

[Mike @prgmtn2016]

@paulseo403 @TRADERVERSEio It's a Paul sighting

[Mike @prgmtn2016]

@Patrickwieland man just Fu$%....me 👀

[Mike @prgmtn2016]

@thetechlao It's hard to have a red day with that strategy. I don't need home runs I need base hits. Depending on the contract and PA you can make a simple $100 per contract very fast with $spx. To many people fixated with big percentage gains.

[Mike @prgmtn2016]

@Str8tSavage14 GOAT

[Mike @prgmtn2016]

@Kanye_Invest I’ll never understand it lol.

[Mike @prgmtn2016]

@ddw88523 Nothing wrong with sitting it out but telling people "this is what you get" is wrong. I traded $SPX ODTE today with pretty good success. You don't vix, you need levels and PA. People really overthink trading. This market is for day traders!

[Mike @prgmtn2016]

@Kanye_Invest she gone lol

[Mike @prgmtn2016]

@Kanye_Invest

[Mike @prgmtn2016]

We trade and teach for free cause we are for the people! I’ll teach you everything this person knows for free! $spx

[Tori 💜 @toritrades]

here we go again. It’s a pretty common theme to attack me and discredit everything I do, regardless of what I share to prove otherwise. Why? Because it gains traction for all the influencers.

i wanted to address the “paper trading” allegations on X, but before i do i want to point out that the ones capitalizing on the engagement are the same ones who have flip flopped their narrative on me again and again. the same people saying i’m a paper trader suddenly decide my trading is real when im losing or in drawdown. whatever positioning gets them the most engagement is the narrative they run with.

I’ve been trading for 11 years now and have a longer track record than most in this space. If you go back and watch my YouTube videos you’ll see my broker statements presented. I can appreciate healthy skepticism and will continue to show the statements to those it benefits.

Now let’s address the paper trading allegation.

A video is floating around that I posted where you see “paper trading” on my screen. Yes, I had paper trading open. But why is the first assumption that I’m a paper trader? Am I not allowed to open paper trading? If I do, I’m immediately a paper trader?

That window was open because I tell everyone in my community to paper trade first and I walk them through how to do it. See the attached video that I recorded for my community where you can clearly see paper trading open while I’m walking them through TradingView paper trading.

Now let’s assume I’m lying about that and people still want to call me a paper trader simply because I had paper trading open while teaching my community. That would mean I don’t trade real money and that I’m not profitable.

Well I’ve posted my broker statements for the last four years, all on YouTube. See attached.

Let’s also address my recent trade where I made $18k. When I posted it, people on X said it was fake and that it was paper trading because of certain settings. Here is the attached order ID number for that trade.

I’m up $57k this year so far and I’ve stopped sharing trades and updates with the trading community because regardless of whether I share or not, people will continue to come at me because it gets views.

All items are attached below. I’ll make a YouTube video soon to address this as well.

But give it a break at this point.

[Mike @prgmtn2016]

@PhilipSoungCho lol it’s free and always will be.

[Mike @prgmtn2016]

We did the same shit today, only our room is free! $spy $spx $iwm, proof is in the FREE room

[Phil @PhilipSoungCho]

Nothing beats live trading and screen sharing my sessions. 📈💻
We cut through the market noise and caught SPX puts and bear calls right from the top. 📉🔥
The room banked heavy today thanks to the right guidance and real-time execution. 💰
$SPX $XSP $SPY

Join my discord for more info
https://t.co/NWob9g2Akg

[Mike @prgmtn2016]

@MyBankIsFat 2m chart gave you the 674 level and just had wait it out

[Mike @prgmtn2016]

Ffs we didn’t blow shit in my room. Just waited all fucking day for the level break and banked.

[L2WTrades @L2WTrades]

every prop firm trader I know who's blown an account in the last 90 days blew it on a friday

this isn't a coincidence. friday is designed to take your money

here's why:

institutional desks reduce exposure before the weekend. that means the order flow that creates your edge between 2-5am and 8:30-11am is thinner on friday than any other session day

thinner order flow means:

wider spreads on entries faster stop hunts with less volume behind them
false displacements that look real but have no follow-through ranges that expand just enough to trigger your entry then reverse

the setup looks identical to Tuesday's setup. same sweep. same displacement candle. same FVG
but the volume behind it is 30-40% lower

your 3R target that runs clean on Wednesday stalls at 1.5R on Friday and reverses into your stop

you didn't do anything wrong. the session did

here's the data:

i pulled 6 months of NQ setups
identical model. identical confirmation criteria. identical entry logic

Monday through Thursday win rate: 51%
Friday win rate: 36%

Monday through Thursday average R on winners: 3.1R Friday average R on winners: 1.9R

same setup. same criteria. same system

friday alone destroyed the monthly edge of three traders who were otherwise profitable

one trader was net +$6,200 for the month across Monday-Thursday. friday's alone cost him -$4,800. his "profitable month" ended at +$1,400 because he didn't treat friday differently

the fix is almost offensively simple:

option 1: don't trade friday. period. your week is monday through thursday. friday is for review, journaling, and preparation for next week. this alone would have saved every blown account in the last quarter

option 2: trade friday at half size. 0.25% risk instead of 0.5%. accept that the session has less edge and size accordingly. the reduced expectancy gets offset by the reduced risk

option 3: only trade Friday if the setup appears in the first 30 minutes of your session window. if it doesn't confirm fast, the volume isn't there. close the platform

the traders collecting consistent monthly payouts aren't trading five days a week. they're trading four days a week and treating Friday like a rest day with optional participation

one fewer session. significantly higher monthly returns. because the session you removed was the one dragging everything down

your model works. it just doesn't work the same every day of the week

stop pretending all sessions are equal. they aren't. the math proves it

I teach session selection and the exact day-of-week framework inside my free Discord. Live sessions every morning with real data on which days have edge and which days are traps.
Link in bio.

[Mike @prgmtn2016]

@Kanye_Invest You’re missing some good ODTE set ups. Spx scalps!

[Mike @prgmtn2016]

Fuck every paid discord on this platform. Our room is free and always will be! We are traders for the people not your money! Even this faggot makes you pay!

[Phil @PhilipSoungCho]

@SuperLuckeee even esther knows how bad he is and how annoying he’s on voice