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  1. L

    Day Trading Options

    Yes, that's true. So far, I haven't been burned yet, but I realize the risk in doing so. Just a side note: I tried using complicated strategies so many traders speak of. I have listened to podcasts ad-nauseam. It doesn't work for me. I admit I'm not good at it. I have better luck keeping it...
  2. L

    Day Trading Options

    Hello. Maybe wild was not the right word, but they are pretty big in my opinion. If you read my original post, I need under a $1 increase/decrease in price to be successful. I don't just buy 1 or 2 options per trade. I start out with 10-15 options per trade, and when I close out my trade, I...
  3. L

    Day Trading Options

    Just want to follow up with my TQQQ options that I day trade. For the last 7 trading days, I have made between $1,200 and $1,900 each of those days. I might be lucky, but TQQQ has such wild swings, it's almost impossible to not make money using this etf. The only way I can see getting in trouble...
  4. L

    Day Trading Options

    None at all. The TQQQ options have high volume and tight spreads. I get instant executions.
  5. L

    Day Trading Options

    I always choose a strike price at the money. With the wild swings we have seen recently, the probability of a successful trade is good. I was very successful yesterday once again. I know there will be trades where I have to take a loss, but I have had very good results lately.p
  6. L

    Day Trading Options

    Hi there. I have been following certain patterns. Recently, at 10am exactly, stocks have been going up, they then tend to stay in a certain narrow range, then at 230, 300 and 330pm, buyers come in. So I buy tqqq calls at 955am, sell them around lunch, and buy puts. I sell those puts around 215...
  7. L

    Day Trading Options

    I actually heard a while ago that some etfs were going to be leveraged 4x in the near future. But thanks to you guys for the humor. The TQQQ options are a real rush. One must be patient and have additional cash to buy more if needed.
  8. L

    Day Trading Options

    9x? What etf family offers that? What is the symbol? Thank
  9. L

    Day Trading Options

    Yes, good question. I thought that if I got stucknin a sour trade, I could hold for an additional day or two to see if the trade turns around. Good thought though, I may do that in the future.
  10. L

    Day Trading Options

    Hi everyone. I'm new to the forum. I have been dabbling with options for a long time, mostly selling covered calls. Recently, I have been trading TQQQ (3x the performance of the nasdaq) options. I only day trade them, buying both puts and calls on options that expire in a week or two. I did...
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