Everybody was expecting $MRVL to join the S&P 500.
Then the stock dropped 17% and wiped out a lot of short-term option traders.
Even if it gets added and rallies 10%, many weekly call buyers are already underwater.
Markets have a way of hurting the largest crowd.
$SPY — Ultimately, this was the top. On june 3rd I shared my thoughts with the group a few days ago on how I planned to approach the market going forward, and today we got a sharp selloff.
Make sure you’re following people who focus on risk management and market direction, not those posting 20 call-outs a day and celebrating one winning trade while ignoring the rest.
Days like today quickly reveal who has a process and who was simply bullish because stocks were going up
The $10K Challenge is officially on! We’ll kick things off with $10,000, giving everyone time to get ready.
Start Date: Monday, 08/18/2025
Rules & Details:
Starting Capital: $10,000
Brokerage: I’ll be using Robinhood, but you can use any platform.
Trade Updates: Every buy and sell will be posted immediately with the tag #10kchallenge. At the end of each trading day (EOD), I’ll share a screenshot showing account progress.
No Guaranteed Daily Trades: Some days there may be no trades—this depends entirely on market conditions and available opportunities.
Position Sizing for Smaller Accounts: If you’re starting with a smaller capital, like $5K, adjust your position size accordingly. For example, if I purchase 2 contracts, you should reduce it to 1 contract. Do the math based on your own capital and adjust the number of contracts to match your risk level.
Disclaimer: This is my personal journey. It’s not financial advice—always do your own research before making investment decisions.
Goal: To grow the account, document the journey transparently, and make the process educational and engaging.
Telegram Link: https://t.co/jiVQzSaXeQ
Note:
My first post will always be on X, followed by Telegram.
Telegram is for updates only—no chats.
If you have questions, please comment on X.
#10kchallenge #StockMarket #Investing
$SPY - Ideally, I'd like to see a pullback to the 21 EMA, with a possible undercut into the 740-742 zone. If that area holds, I think the short-term selloff is likely over.
We currently have no open positions. There are a couple of high-quality setups on my watchlist, but for those to trigger, I want to see the indexes closer to the 21 EMA first.
This is not the environment to be aggressive or blindly load up on calls.
Key area to watch: 740-742. If buyers step in there, the next leg higher could begin.
Looks like I may have found our next big winner 👀
The setup is developing exactly how I like it, but I'm going to give it a little more time before entering.
Who wants the ticker once it confirms? 💡
@GnT_Trades I noticed yesterday that when I’m in the red, I’m not trading as aggressively as I was over the last 6 to 8 weeks. Taking a more measured approach and focusing on protecting capital rather than forcing trades.
$HOOD got rejected exactly at the resistance zone I was watching.
We traded this setup and walked away with roughly 150% gains on the contracts. The best part? We followed the plan and took profits at our predefined levels instead of getting greedy.
One thing I've learned over the years:
Have a plan before entering
Know your targets and risk
Execute without emotions
If I don't have a plan, I don't take the trade. It's that simple.
No plan = No trade.
@spluscollective I missed Cisco, unfortunately. I’ve been traveling for the past two weeks, so I’ve been in and out of the market. Looking forward to your next idea though, definitely waiting for it eagerly!
See how we manage trades. Small losses are part of the game. Without taking those, you can’t reach the next level.
If you’ve followed me for a while, you know my trading style is slow, steady, and focused on consistency rather than chasing quick wins.
I’ve tried everything over the years: 0DTEs, weeklies, lotto plays, SPX scalps, and more. Some worked, some didn’t. But when I looked at my results honestly, the biggest account growth came from sticking to high-conviction stock setups and letting them play out.
At one point I traded SPX almost exclusively. The returns were decent, around 30% annually, but nowhere close to what quality stocks have delivered for me. Many of my stock positions have produced 150%+ yearly returns.
The lesson?
You don’t need to trade every shiny setup. Find what fits your personality, master it, and keep repeating it. Consistency beats excitement every single time.
Small losses.
Big winners.
Patience.
Discipline.
That’s the formula.
$NFLX I think it is heading toward $75.
The stock just got rejected hard at the $105-$108 zone, which happens to line up with both the trendline resistance and the 0.5 Fibonacci retracement.
That's not the kind of price action bulls want to see.
For traders, I would be very careful here. A lot of people are chasing strength while ignoring the rejection.
Investors and traders are playing two completely different games. I'm talking strictly from a trading perspective.