Excited to watch this. I might join you for some of these 
I’m gonna try mirroring this, I need a way to recover my portfolio, lol.
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I’m curious to see how this plays out. Please keep us updated.
I have been thinking about this as well since essc! I don’t care much for the outcome come of those plays for me. All the green makes me chase more green.
I need to learn how to enjoy trading more and spend less time on the screen wishing the stock rockets!
I set the goal for myself to hit 15% gains! And only trade 3 days a week with spy.
Good luck!
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Current overnight position…
GGPI - Jan 12.5c
This strike is close to the NAV of 10, and OpEx is 5 weeks away.
I also like the chart pattern.
Valhalla Forum Thread, by rpgeek:
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Stock movements that I like…
SPRB, BFRI, and RELI.
No position yet. Will watch for a possible entry on one tomorrow.
Anywhere between 15-30% dips.
I may not announce it.
I don’t rush into positions.
There’s always a few making good ramp ups or down every week.
What I’m looking for is momentum.
What I don’t like is to get trapped sideways.
SOPA was great today.
Keep watch, possibly a multi-day runner.
Russell 2000 listing is huge.
SEAC is also interesting.
Quite the sentiment too on all these tickers mentioned.
SPY didn’t fully break down today.
I chose to stay out until tomorrow.
News are mixed up, though FUD is strong.
Related forum links:
SOPA - SOPA - Society Pass, Russell 2000 listing
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SOPA did good here with 45% gain.
Overnight swing.
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BFRI gave me 9% gain overnight.
I forgot that I was holding shares instead of options and that threw me off. err… profit is profit.
Could have been my target of 25% but I’m really slow these winter days.
Now onto NXTD.
Again, I’m only trading on my own theories and personal research on these stocks.
I haven’t read any other DD yet, but the one here in the forum is linked below.
As you can see, I’m not trading much at all–micro position–with only 10 shares total at $41.70.
I thought I’d show what technical indicators I use, for those who’d like to try a similar challenge using WeBull.
These indicators are specifically for Low Floats Momentum trading.
VWAP - I try my best to catch the price below this, but only after confirming good Volume.
MACD and RSI - I pair these together all the time.
BB %B - Helps a lot in confirming best price entry.
Might not trade SPY until the New Year of 2022.
Historically, it pulls back down after the Christmas weekend. Keep it green, yall.
Related forum links: (will read this later)
NXTD - NXTD Nxt-Id, Inc. gathering information
Update:
Took an L due to my stubbornness. There were a lot of time to take in at least 10% of gains but I held on “for fun”. Not a bright example and I swear that will be the last.
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Entered CPOP today, this is only the 2nd day of its momentum run…
As you can see, I have increased my position sizing this time too.
I like the pattern, and I like what the indicators are showing me.
The price to beat is only 3.97.
News wise, they have launched a new website and appointed a new CFO.
From here on out, I will be slowly increasing my position sizing on succeeding plays.
The goal is to still keep to overnight trades (shares), whether it be win or lose.
Update:
9% gain on 2nights swing here to $3.4.
It might go higher, but won’t be taking that chance anymore.
I was watching the 1sec candles and crazy sell orders kept pushing since Wednesday.
What’s great about Trading View is that it allows me to see up to 1 sec of measure.
This time I saw volumes of 30k to 50k shares being sold frequently.
Keep that in mind when trying to decide on what tools you want to use–all depending on how you trade.
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No more trades today. Ending the year real good.
I hope you all close 2021 with a great amount of education and enough gains to be encouraged to continue working the market.
Happy New Year everyone! Let’s trade even greener this 2022!!! 
I’ll be replacing my workstation fans this weekend with nerdy RGB stuff. Because aliens.
That and wine and beer and lots of fruits and vegetables to maybe balance things out.
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I have resumed this challenge today.
Immediately broke my rule right at the get go and exceeded my limit.
Bought SPY 0DTE 455 at 1.210 and sold at 1.660 after only 5-6min.
37% gain today.
I used RSI to catch the breakout…
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Uhh… lately, I’m realizing that 25% gains on SPY is always a miss for me–it can easily swing to 200% if I hold on for just an hour longer.
It’s weird because 25% is already high imho. Anyway, I won’t be posting results here higher than 50%.
I’ll try my best to force that discipline in me and practice typing that 25% Sell Limit right away.
So far, the way I’ve been doing it is judging momentum (when I have free time to do so).
It won’t be healthy for me in the long run, so I’ll just try to compute faster and exit automatically.
I do want to post the drawn-on chart though…
Trading range was established late midday (for calls).
Your entry could have been anytime between 12:30pm and 1pm.
This time, it was best to exit before 3pm.
Patience is key.
I think I’m starting to get really comfortable trading SPY.
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Tried a single Vertical spread on SPY yesterday, knowing that DIS will have their ER later today.
This gained me a net of 12.73% overnight.
While I read the chart as possibly gapping up to 458.12, I forced myself to practice that discipline of locking my gains and cutting losses. So I count this trade as a success, since my goal–discipline–was met.
Yellow arrow marks my entry on the 5min chart…
Exit was a few minutes after market open, pink arrow.
Today, I took a single Straddle on DIS with the 145 strike.
Let’s see what it gives me tomorrow.
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I might have to rename this thread to just % Satisfaction. Since more often than not, the 25 limit gets beaten.
DIS filled the Daily gap today at the 147 mark…
Based on what we saw tonight during and after their ER, we will see the 155 gap filled tomorrow as well.
The final gap to fill will be the 164-174 area.
My ideas are drawn in green and orange.
I’m looking at a slight correction after we see DIS peak above the 200MA line.
That will be a good Double Bottom on the Weekly charts and a great opportunity for a horizontal spread.
Update: This trade gave me 20% gain at market open. Price immediately dropped after that due to the rest of the market tanking from the CPI data release.
I consider this trade as a failure, since I held instead of selling before the ER came out.
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Got in with a SPY straddle 454 strike.
Bought at 5.27.
Sold at 5.6, for a 6.26% gain.
Busy day, easy gains.
Got in with AMC Feb18 straddle 18.5 strike.
Will probably sell tomorrow or Monday.
This is SPY Weekly from 1998 to present…
As you can see, the market is still a ways above the 200MA trend (red line).
While I heed the warnings of senior analysts regarding a few more corrections, I think it will take a lot to effectively tank the market all of a sudden.
Some are looking to 2001 and 2008 for that -50% adjustment, but I am personally looking at 2015-2016 as my model.
So far, we’ve only seen that -12.34% correction. With that rejection at 458, SPY should be picking a clearer direction next week.
I am anticipating SPY to touch that 200MA sooner than later, but I’m not extremely bearish.
For now I choose spreads and take my gains every time I see them–5% is my average target daily.
We’ve seen AAPL, MSFT, and DIS (to name a few), who beat their Earnings and helped the market trade sideways or fill gaps on the upside.
Thus I think it’s safer to not hold positions overnight, unless you have a tight spread with a conservative exit strategy.
I can tell you this, this is not the time to gamble with penny stocks. Smart money rules here.
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