Gunner/Trader96

“Confidence is silent. Insecurity is loud.”

$SPY... Never closed over the call trigger until after 4pm. In 5m compression virtually all day, and 10m all day. $4 range with 25 vix and compression = chop. We stayed inside about 60c range for last 1:45 of session. Inside premarket levels entire day except for that news wick.

@AmasPFT Day: 5 and 15 min Swing: 15 and 1hr 1 hour is very powerful but you need tighter entries on short term dte

If you had to pick two timeframes to trade forever, what would they be?

Most would be more shocked if they watched an options chart as well. Many “alerts” never even reached that low price entry or better yet the guru just posted the low entry price level that was open for 1-2 seconds. Fairly clear sign they lied about the entry or did not actually take the trade. I’ve witnessed a lot of this nonsense.

the options market moves in seconds. your discord guru posts alerts delayed by minutes. do the math on what that delay costs you over 100 trades. spoiler: it's more than your subscription fee.

hot take: the best traders in the world have a 60-70% win rate. not 90%. not 95%. not "we never lose." 60-70%. if someone is claiming higher than that consistently, they're either hiding losses or lying about entries. the math doesn't lie. the screenshots do.

2 biggest issues for 0dte: small account size & stop loss percent (maybe 3rd is believing every trade can still come back 50%) Smaller account size, you don’t exit a losing trade or exit a winner for fear of no more plays left in day. 20% stop loss, you will almost always get stopped out even in a good move on a bad candle or simple retest, and your entry better be precise. You will have to endure variations in 0dte. Plus, your trail will often be 10-20 cents. 50 cons at .20 is $1000 trail. Best to scalp pops and bail, maybe small tight trail.

0DTES will distort your perception of money if you’re not careful. • S&P 500 → ~7–10%/yr • Dow Jones Industrial Average → ~5-7%/yr • Bitcoin → ~50%+/yr You hit +50-70%+ in MINUTES in one trade and don’t take profit? Respect the game. Look for consistency, not lottery.

Honestly, because they are sold a bag of crap. Believe if they “pay market tuition” by losing everything and paying idiots for advice and alerts that it will just change one day and they will never work a day in their lives. They trade max risk for 20% daily account goals like that doesn’t come with equal or higher downside risk. They trade against supercomputers using webull phone chart and an ema because every once in a while they can catch that candle an screenshot it. If their furus were actually 95% win rate, wouldn’t those guys size up? Realizing the true math of daytrading would save a lot of heartache.

Why do people quit trading?

Yes, not each trade and not every day but backtesting to see how price action responds to levels, fibs, different timeframes, etc is a huge advantage. Markets run on flow and algos. You can’t tell me that particular levels aren’t respected and that mathematical probabilities aren’t a thing. It’s like watching price action when not even trading, always something to learn.

Do you backtest?

@FrankCappelleri Absolutely. On smaller timeframes price might pop right through it but almost always retests right after. Generally speaking the 200 is a target and a wall until it isn’t. Higher TFs the better.

Respect the 200 day moving average whether you believe it matters or not.

@iamdisplacement forgive your self don’t trust furus study price action learn to walk trade less days

As a trader, what is your personal philosophy? 3 words or less I’ll start: Trust the process.

$SPY prep was pretty solid again today. I am too tentative lately with holds due to high vix and war news, but scalped 100% of trades for wins for $7700 but left a massive amount on my play by trailing too tight. Caught the exact bottom candle with confidence and added to winners for a nice early day.

“Just random lines on a chart.” - Guru selling advice to new traders Yesterday you had the gamma squeeze, the JPM collar, the end of month rotation… but your chart also had price dump into a major fib, a pivot, demand; put in a hammer; reverse; consolidate at the target fib at top of a tight vwap band as ema ribbon turned back positive. Spike took price ti precisely next pivot. Did I plan for $8 spike? Of course not. But algos are in control, and charts matter.

Now take ema, pivot, prior day level, poi, vwap, and/or fib and get multiple reasons for confluence then you can have an incredible chart to take plays from and scalp between higher probability levels. You don't have to rely on an all day trend to get plays.

I also love my fibs. Also static support and resistance levels with excellent probabilities between levels.

I love pivots. Static support and resistance with mathematical calculations for moves between levels.

Huge day, obviously aided by extreme pump for JPM collar reset but the chart was right for the move. Caught exact bottom of day using demand/hourly ribbon/fib level/vwap. Coiled move popped over +1 ATR right to R3 pivot and eventually climbed up to higher poi supply. $20k day, little drawdown. $SPY

My morning prep for room: Flow: 633 bull line to beat; 624 low/ 635 645 650 high Pivot: 633.4 Vix key level: 28.3 EMAs: large $7 gap up overnight, right into our 640 resistance exactly (prior zone, prior gg fib, hourly 50 ema), now in chop mode no direction in PM ATR: At our 78 fib now in premarket, 640 resistance to beat and liquidity there. Over 642 clears prior zone, alot of resistance, but past +1 ATR. Targets same as yesterday for me, 642, 644.5, 646. Downside lose 635 or better 634 gap fill (pdc) for look at 632 then 630. QQQ calls > 567 and puts < 560 ; IWM calls > 244.5 and puts < 241 My view, 640 will be a big line to break but I favor upside a little bit. Data at 9:45 and 10:00 that can be an issue today. Big move might already be done overnight and nearing +1 ATR but can still move. 626 is approaching and is the long term positional -1 ATR. SPY is opening with a tight vwap band and poi zones 640 and 637 for another tight open range to break. Above: 640.3 / 642 / 644 / 646 Below: 636 pivot and pml / 633 pdl / 629.3 zone I think we can test our 640.3 early and see about data then move up. If fail 640, see lower targets. I will look for that line in sand 640.3, might see drop to our 636 area (2m 200, hourly, pml, poi demand zone). Lose that, further 633 pivot test.

@dontbsalti lol I love ema crosses! if in a trade and see it coming it gives a nice candle similar to poi breakthroughs; love vomy’s too same reason

I mean this in the absolute nicest way possible, but most of yall would be more profitable trading moving average crossovers

So recap of prep: $SPY *640 was resistance (whale, golden gate fib target) *Price dropped hard at open (not expected below 636ish personally and I missed the open dump) *Choppy regain of hourly emas, sets POI at 11:00, retests at 11:50 for a beautiful drop rest of day from vwap band/5m 200/38 key fib all same spot) *Lower targets were given for each step of downslide Rather clean, whether you trade it or not and you can map options out before the moves.

MON morning prep 3/30 Current price at 9am: 639.7 Whales SPY 670T /660T / 640R Gamma: 634 bull bear line; very thin below and 649 652 655 above Flow: 635 bull bear line; 632 below / 636 639 644 653 above with nice upside large pulls Pivot: 636.66 Vix key level: 30 EMAs: nice $5 gap up overnight, in poi supply now with daily zone above at 641, potential 645 target at hourly ema ribbon and upper supply ATR: in GG setup in premarket, 642c 634p is fairly safe, targets up 644 646 648, lose put trigger target 630 628 QQQ calls > 569 and puts < 560 ; IWM calls > 247 and puts < 243 (in pos GG now at 38) Significant downtrend on hourly, daily, and weekly SPY. I don't see it turning around without huge catalyst like war news, but can creep up a bit inside of a day. Vix of 30 is really high and tough to trade in 0dte. Expensive contracts, multi-dollar moves in SPY for flags and small tests of levels, and far OTM contracts will need significant price movement. I still like to clear 643 overhead supply for move up. I am bullish myself over 637 area. Initial targets: 641.4 pmh, 642 supply, 644 supply and +1 ATR, 646 +123 fib. Downside targets: 637 demand, 634 pml, 632 pdl and demand. 644 if high, 632 if low. Think we pop open to test pmh (pure speculation on chart); push above I like upside targets, reject should test lower poi 637. If price hangs around the 638-640 range between POI zones = chop.