Reddit Posts
how many losing trades did you take after you actually had your strategy down pat?
my spreads almost got rekked yesterday, lol, heres my 1.5 months so far selling spreads and condors (and some small longs)
how do you guys know when to exit??
While all of you have been busy with the intrest rate hike the Turkish Stock Market (BIST) has lost about 5.6% of its value in a single trading day.
YOLO - BMNR BitMine options call 9/11 exp, $25 strike - $26,000 basis
Mentions
TP over or under? Crumple or fold?
I saw one the other day that said “TP HIT”. I thought of this sub but didn’t have a chance to snap a pic
Bidet is built in here pretty much everywhere,. never need TP
The world could burn and I’m still going to Costco for my $1.50 hot dog and a 50 pack of TP
Yea bro I proceeded to take advice of a wise man in here and only execute one trade which was XSP put to TP on 50% but then that same trade went up to over 4k %😭😂
I'm single and don't meal prep much, but it's still an amazing deal for the membership. You can buy spices and seasonings in bulk, cheese as you mentioned, otc medications (especially allergy pills), and paper towels/TP in bulk that is a great deal compared to grocery store prices. I also get dog food for like 25% cheaper per pound than most with good quality. Their wine selection is also very good, and they have great variety of snacks and nuts. The general membership also gets you access to the gas pumps which is usually at least ten cents cheaper per gallon than surrounding stations.
No luck required just risk management. 10x leverage entered at 770 TP 940 SL 765.
With respect to overfitting, did you try several entry times and TP levels? For example, shift entry 10-15mins, try TP 10%/20% etc. If most of these combinations are still profitable that’s a good sign. If your parameters are a stand alone peak, it’s likely an overfit. Another thing, do you have exact information which fills is your platform using?
you’re missing TP of 15%. Won’t make the strat profitable though
Ran this cell over ten years (Aug 2016 to Sep 2026) on SPY 0DTE minute quotes as a proxy for SPX, scaled to 4 SPX contracts. Same rules: ATM shorts at 14:50 ET, 15% take profit checked every minute (filled at the mid, which is generous), skip FOMC. SPY strikes are $1 apart so the $15 SPX wing is interpolated between 1 and 2 point wings. Decade (1,736 trades): net +97k, 74% wins, avg win +515, avg loss -1,243, worst -3,451, profit factor 1.17, EV +56/trade, annualized Sharpe 0.94, max drawdown -30k. Your window (Aug 2024 to Aug 2026, 502 trades): EV +52/trade, PF 1.14, Sharpe 0.80, max DD -22.6k. So the shape of your result reproduces; the size comes in at about a quarter, and the drawdown about double. Four of the ten years are negative with the 15% TP (2018, 2020, 2021, 2022), each with a 10-20k drawdown on 4 contracts. The same fly held to settlement instead of taking 15% earned about five times the expectancy over the decade (+285/trade, Sharpe 2.67) at about the same max drawdown. The take profit is what caps you, not what saves you. With the TP filled at the natural instead of the mid, the decade is negative.
Your real risk here isn't overfitting, it's wing width. Ran your exact rules (ATM SPX 0DTE fly, $15 wings, 2:50pm entry, 15% TP, 4 contracts) with real bid/ask fills and commissions from 2019 through now, covid included: -24% net, 76% max drawdown. $15 wings leave almost no room before the straddle gets tested. [https://stratverra.com/s/5DxcYW58dp9XeZ-KCZwcmg](https://stratverra.com/s/5DxcYW58dp9XeZ-KCZwcmg)
Hopefully not any lower than 145. Entered at 148 and got a TP for 180 🤞
Imagine buying all the toilet paper and telling people having TP rolls in your house instead of renting it from you is bad.
https://preview.redd.it/s0o4azi8duyh1.png?width=1840&format=png&auto=webp&s=7a2c5835811f2d2b3181f4a663d5e152852a422c history on position management THEN: copilot snapshot was from 1st week of oct: based on feels, lol, even claude knows I still dunno wth im doing at that point NOW: still no SL, lol, I got burned more often than not with SL due to the bounce; TP LIMIT set at 0.05 debit OR pray to expire
Pretty much. I always heard people who have gone to a bidet say they'll never go back and it's true. TP is now mainly just for dabbing water.
I've been doing okay playing reversals on 0dtes. If it goes against me I cut and wait it out. Usually buy ATM or very close to. EODs have been pretty predictable this past week or so. BUT, I want to cool it on the gambling front a bit. I am thinking of selling OTM 0dte SPX spreads and then setting TP and SL points. Basically what I've been doing but with sell side protection.
GME to $1000. There ya go, TP at $750 for you :)
I know you're joking but I bought a bidet attachment for my toilet seat on Amazon years ago. A package of TP lasts forever now.
RDDT has been walking around with TP stuck to its shoe since it joined the S&P and people are actually surprised by this
Finally my TP hit, longest 30mins of my life
I just need -6 points on SPX TO hit my TP
whenever RKLB gets within $6 of my TP it immediately goes down, very gay
Technically, but as you noted they have single ply TP. Its not a luxury property, its a scam.
Personally, I don't really trade macro, since I can't really plan for black swan....but I know "they" want it dead, so that gives me the $hort bias then I just trade the chart. I went short last year at $119k w/ a TP1 of 67k and a TP2 of 58k. Now I just short every pump, the most recent being the pump up to 87k, so I opened a short back down to 59k.
lol, that's precisely where my TP is at. https://preview.redd.it/w5gxjeyorfxh1.png?width=453&format=png&auto=webp&s=0140cf981aa10c45e9feff4c77c80d14ce4b5b53
I have been dabbling in 0dte for a few months and my take is no. The time decay is too much and things are too volatile, just TP and get out. Look for re-entry. This is not a swing trade. You cant really wait for it to come back especially after 1:00 or 2:00 p.m.
Smart money paints narratives to fool retail investors in subs like this and /bonds. When every retail investor is calling 5%+ 10y and 2.95% real tips yield as "garbage TP", you know their psyops has worked.
It's prob printing now, don't forget to TP nothing's guaranteed..!
Imagine having a way to also sell small portions of the position off for profit as it increases as a way to secure gains, like a structured and though out process to take a profit. Like maybe it would be called a TP.
After TP just wait for the next move if it continues to dip I’ll get calls later. But like I said SPY and QQQ are kind of tricky right now. TSLA might stay in the 360s 370s I’m thinking. Just have to see what it does tomorrow to figure out a possible path.
I got puts when it was at 385 I held them overnight. I’m going to TP at open
I think SPY might come down a bit more before it reverses back up, but idk spy and qqq have been so bipolar but if it stays where it’s at or continues to dip overnight I’ll just TP at open. Same with TSLA
It’s okay as long as you TP you did good. TSLA coming in clutch also.
I was finally able to TP at 774 after a damn week and reverse almost immediately. Looking great so far. Hopefully this holds into open
What does TP/Sl mean? Toilet Paper SUPER INTELLIGENCE ?
Well if TP-Link pays for an add to sell 56k modems to me - i'd be worried about them as well <3
It's never 50% win rate because all trades have different take-profit levels, hence the win rate is simply how far your TP is from cost price.
BUy DRAM ETF you will thank me when you visit Italy Lake Combo 🇮🇹 with TP with you chubby GF F** missionary in the morning 😎
Aiight. evacuate the city, engage all defenses, and get this man some TP 🧻 u/mjk67
I am Cornholio, I need TP for my Bung hole
Because most people plan for crisis that are mildly inconvenient. Of which, running out of TP when you're shitting is unfortunate. But in a real emergency, TP is pretty useless. Like you said, just use a leaf, random cloth, or some unclean water (assuming running water is gone)
Then what will I trade all this TP for?
Got the TP locked down, no worries there lol. I picked up some gold last week, but really if everything is going down (and bonds are getting inflated away) - what do people rotate into? Cash seems no good either
Once it has gone up my price target, I start trimming and use a TP/SL to ensure guaranteed profits. I only hold longer if there is some kind of news e.g. massive policy change, financials beating expectations, positive forward guidance. Don't try to find the perfect high to sell - you can never earn enough. I learnt this when I bought Popmart a few years ago, when it went up something like 130%+ in a matter of a month. At one point was sitting on 800k profit, but I didn't respect the technicals and got greedy. Ended up with 300k.
Where did that guy go that said to sell BTC at 86k? Said it was heading to a TP1 of 78k? He was the same guy that said to sell at $119k last year and to take TP1 of 67k.
And here I am with a single ply TP that’s basically translucent
I was fucking 1 cent away from TP on my puts, then shrek touched me
How long till people are fighting of TP again
you still invest in tangible goods? future is software. food? software. TP? software. hemorrhoid cream? software.
And this is why I’m stockpiling gold like Ron Swanson. The bears will be killing their neighbors with rocks for TP while I am set up like a king. Enjoy your digital bullshit while it lasts. Hopefully some of you can transfer that to material wealth before the fall.
im running to walmart right quick to get some TP
The best one i have found is a guy called SatoTrades (https://satotrades.com/), full time trader from Switzerland and he streams ocassionally on YT aswell, doesnt flex at all and trades with low risk still pulling in 10k+ days sometimes live on stream. He trades futures (NQ and ES) using orderflow and shows entry, exit Sl and TP on stream. He also has a private channel that is paid but its not needed to join, he has a lot of good articles and free guides on his YT and website aswell.
I'm on WSBs with a roll of TP as my PFP. What did you expect?
i’ve been there, set a TP and woke up to a spike, it felt like a win until realized the martingale is a guaranteed ruin if you keep feeding losses. a TP is patch work, not a cure for the fundamental flaw. don't let a lucky day drown the lesson.
Know what's funny? The opposite must've happened to someone. Someone bought puts and set a crazy TP order after. Then Satan's dick candle happened 30mins after Shrek's dick prompting a sell off
https://preview.redd.it/x66qnht7hauh1.jpeg?width=1320&format=pjpg&auto=webp&s=7ab5d6ebd142314e0e49120ee79ac85d666ab265 I was asleep also gladly i did TP order , waking up at 12:50 was bout to cry see spx was 7740🥹,
Honestly you should’ve TP’d already when it was lower. If your down take whatever you lost and reverse. Not financial advice
Saves on TP money too. More money for FD’s.
I hope you find this helpful. You know how in math class the always taught that exponential curves continue to get closer to the axis but never touch? Yeah, that’s reverse splits followed by dilution in action 😭 I saw a penny stock a few weeks ago (when I traded it) that had so many reverse splits and secondary offering I scrolled back to its IPO day and the adjusted value of a single share compared to now was in the hundreds of trillions because it just kept going lower and lower with RS/dilution meanwhile the stock was still under $1 on the day I traded it 💀 basically a 99.9999999999%+ drawdown from IPO… If I threw in $100k at IPO it would be worth so little the broker wouldn’t even give me a penny because it wouldn’t be worth that today ***OP***, I get people look for the next 10x bag or whatever but experience tells us most of the stocks here are not good companies and constantly run on deficits needing to dilute shareholders just to stay afloat. Probably better off looking for something with news that’s actively moving and drawing attention. I made 40% on my VCIG position (not 40% of the entire account, just 40% up on the position) this afternoon and didn’t even have to hold it longer than 40ish minutes. https://preview.redd.it/mlfrr2b4yyth1.jpeg?width=1120&format=pjpg&auto=webp&s=618113c7b475fb0332b79f9dfbe14de265f816f0 See image for orders. I even took a loss on my first trade (bottom two orders). Cap on the downside (by managing risk and also not buying and holding these types of companies) uncapped on the upside (TP rules help secure initial profit and leave some to run with a max drawdown rule to maintain profit and squeeze the move where I can) Unless a new $$$ contract lands, surprise earnings hit, or a REAL catalyst that changes the trajectory of the company comes, then these are not the buy and hope kinda stocks imo or you’ll just get beat up by them and quit before even learning how to operate. “But NVDA was a penny stock” sure, up until real catalysts started coming in that changed that trajectory… Top gappers/gainers lists alone offer most of what you need to find obvious stocks to trade. From there it’s experience and pattern recognition. If you want extra on top compare gainers/gappers against news/earnings to see why it’s moving. Watch for stairsteps (move/consolidation/continuation) as this is where you find if buyers support the new price and volume spikes show it’s gonna likely continue.
I think if a small move like this humbles you, you probably over-sized. Size with the idea to DCA if you go red. some plays are still valid whether the price is .20, or 1.20.... size accordingly. i was down over 50% on AIXI, planning to DCA if we went further down. but first target hit today in pre-market. down 50% to TP at +50% from the day prior, 150% move up lol https://preview.redd.it/4a7pwzm92xth1.png?width=1080&format=png&auto=webp&s=f8b5489f669464f3ccb2cfa1ad48b2054437d35b
Profit taking in full effect. Hope you bols TP’d.
love the 9.30 spike you hit; that’s the sweet‑spot for any 0‑DTE. If you held, you probably could’ve chased 10‑11, but the 3‑minute decay at that move can chew right back up. For the next round, just set a quick TP or a tight trailing stop – that’s how most people turn that kind of skyrocket into a clean WIN instead of getting skittled by time.
me buying SPCX puts hoping for a TP sell off
Brazil is a shit hole. The sewer infrastructure is so bad there they put used TP in the trash can.
Probably not likely (it would be a TP2 at most).
Easiest money this week. Already hit my TP.
Gas station single ply wet TP hands
My QQQ weeklies gonna print :money: Gonna hit my TP :money: :money:
accounting for TP and SL it will likely be 1/3rd of that move, Implied Moves piss me off🤣
Well about damn time Robinhood. The most basic SL/TP, finally
I did say "I think", because I haven't used TWS in over 5 years, but that is exactly how I traded butterflies where it was possible to collect a credit. Did you try submitting the orders? The BTO order shouldn't need to actually fill before you can attach a TP order, so you could try when the market is closed. Submit your BTO with a negative (the credit you'd like to capture), attach a TPO with a positive number like you would do with any other long trade, which a butterfly is(everything above zero is what you're trying to capture in excess of the original credit). If the platform doesn't reject them, then they are valid orders. The thing that is counterintuitive is that you're assuming that a trade is short just because it has a net credit. Whether you are a buyer or seller is to do with liabilities, AKA which end of the stick you're holding in the deal (the LONG end or the SHORT end). A regular butterfly is a long position, whilst a BWB allows you to collect a credit, your liabilities aren't changing structurally.
🚨 **NRGV YOLOS ASSEMBLE** 🚨 Limit order at **$4.20** or you’re a pussy. **SL:** $3.88 **TP1:** $5.15 (take half, don’t be greedy) **TP2:** $6.00 (full send) r/R is dirty. Higher lows + sitting on the 20/200. This thing is levered to **AI data center power** and they just landed a fat 1.25 GW hyperscaler deal. We’re not here for fundamentals, we’re here for the **tendies**. Load the boat. Size accordingly. Don’t cry later when it runs. Not financial advice. Just a regard sharing levels. 🚀🚀🚀 **NRGV TO THE MOON** 🚀🚀🚀
What do you guys think of $NRGV for trade this week. I got a clear signal about LMT: 4.20$, S.L 3.88$, TP: 5.15% (70%) and then 5.90$ (30%)
I took TP1 at 67k and TP2 (for the memes) at 58k. I will short it again if the cycle holds.
Going full port, solely on an analyst’s TP is peak regard
I can’t even begin to fathom the complexity of life without AI determining the most cost efficient angle to maximize the performance of TP for my bunghole.
Yea absolutely. I thought start with low risk strategies where I can likely keep my premium and cover any stock drops. I would explore margins once I was consistent enough. I know it’s possible in theory to get rich fast but I am not trying to take WSB levels of risk. I made a bit of money trading futures but those were small “test” amounts and I had very tight TP/SL grids. I am just getting into options and just absorbing as much as I can.
I'm new to Costco my girlfriend hooked me up on her membership. I dropped $350 on some steaks, chicken, and pork. Then after some TP and paper towels it was THREE HUNDRED FIFTY DOLLARS!!! And people pay a monthly fee to shop there!?! Sheeeeeeeeeiiiiit.
"I think that if you enter the trade as a BUY "-0.30", you can set a positive TP order that exceeds the credit received" I did a search on this scenario and it said that my broker/the platform would likely reject any STC order for any amount that exceeds the credit received when opening the trade.
Go to costco and count all the buyers leaving with 100 rolls of TP
If I used a positive value for the TP wouldn't that mean I'd be paying more than I received in credit for opening the trade? In my head, I just can't wrap my head around the math. I guess I need to play with this in my paper account and see what the results are. That said, most of the time you'll only make the credit received on PBWBs. So, it could take a while to test.
When you want to SELL Options for premium (i.e. BPS or PBWB) using TWS it actually submits the order as a BTO. Counterintuitive. When I first started using the platform this confused the Hell out of me. Anyway... Am I overthinking this? For example, if I received -1.00 for selling a BPS and wanted to take profit at 50% I'd set the TP value at -.50. If I used a positive value for the TP wouldn't that mean I'd be paying more than I received in credit for opening the trade?
Finger just poked through the TP. Bullish sign
No alerts. No SL. No TP. try again 😏
If you're setting SL and TP orders then quit watching. Just walk away and do something else.
What is this TP on GOOG???? You know it can easy ath?
Ok my FDs somehow closed at TP. Nice job team
Yup, pulling apples off the trees and picking the last of the pumpkins and squash, cucs are pickled, TP and chicken feed loaded up. Hang on to your ass, this one is gonna leave a mark.
And kids that’s why you put a TP and SL
meta looking primed for puts tbh, approaching 12 month target before earnings, reckon there’s a run incoming once TP kicks in
I already took mine, hopefully you don't run out of TP
Costco. Not shares. Going to drive there and load up on TP, beans and rice. Shit is getting real.