GOALS GOAL - $1,000 to a $10,000 through trading

[Circulu]

Hey folks! I'm here to share my options trading adventure, taking $1,000 all the way up to $10,000. I'll be tackling this challenge on Webull, primarily engaging in day trading with a few overnight swings thrown into the mix.

My journey in trading began at the age of 17 with options, followed by a stint in crypto, and then finding success in index futures. Now, armed with more market experience, I'm circling back to where it all began - options trading.


I won't be sharing my day trades, but whenever I make an overnight swing, I'll drop it here for my fellow options traders to check out

 

[StartAce]

Good luck brother!

 

[Circulu]

Day One Summary

Total Profit: +$167
Growth: 16.87%

Trades:

1. SPX $4,560 Call
   • Bought at: $2.80
   • Sold at: $4.00
   • Profit: +$120
2. NVDA $480 Put
   • Bought at: $4.60
   • Sold at: $5.00
   • Profit: +$40
3. GOOGL $138 Call(2 contracts)
   • Bought at: $0.75
   • Sold at: $0.80
   • Profit: +$10

 

[Reveluris]

Engaging in gambling inevitably leads to financial ruin.

 

[Circulu]

Engaging in gambling inevitably leads to financial ruin.

Who said I was gambling?

 

[Tarasuff]

Best of luck, mate! I'm following along.

 

[Circulu]

DAY TWO

+$77.70 for the day, 6.70% growth

Trades:

TSLA $240 call:
Bought at $3.33 (two contracts)
Sold one at $3.50
Sold the other at $4.00
I got a bit emotional trading today. I was down a bit on TSLA, stuck to my plan regarding stop losses, but ended up closing early for a small profit instead of holding to my target. If I had held to my target, I would’ve made $200+. I was over-leveraged, which contributed to my emotional trading.

Overall, it was another profitable day. I'll analyze my entries and exits, observe how the market moves for the rest of the NY session, and then look for new setups for tomorrow.

(Attachments)

 

[GambitTeen]

Are you performing technical analysis?

 

[Circulu]

Are you performing technical analysis?

Yes, I'm combining volume analysis (VWAP, volume profile), supply and demand, price action, and Fibonacci.

 

[Circulu]

Day 3 Summary

Daily Profit: +$101.40 (+8.20% growth)

Current Balance: $1,338

Trades:

1. AFRM $35 Call
   • Bought: 0.86 (two contracts)
   • Sold: 0.96
   • Profit: +$20
2. TSLA $250 Call
   • Bought: $3.00
   • Sold: $3.50
   • Profit: +$50
3. TSLA $250 Call
   • Bought: $3.30
   • Sold: $3.50
   • Profit: +$20 (re-entered with profit from previous position)
4. TSLA $255 Call
   • Bought: $2.10
   • Sold: $2.20
   • Profit: +$10

Attachments

 

[SleekVulture]

an interesting journey ahead. Good luck!

 

[Circulu]

Trading Journal - Day 4​

Daily P&L: -$113 (-8.37%)

Trades:​

1. AMZN $147 Call
   • Entry: $0.62 (4 contracts)
   • Exit: $0.28
   • P&L: -$136
2. SPY $455 Call
   • Entry: $0.72 (2 contracts)
   • Exit: $0.82
   • P&L: +$20

Summary:​

• Amazon (AMZN):
  • Entered on a significant push at market open, using Fibonacci levels to identify a promising entry spot.
  • Aimed for a big trend day but ended up with a major loss as the stock dropped past multiple support levels.
  • Closed position at a 54% loss after breaching final support.
• SPY:
  • Managed a small gain on the SPY call, which partially offset the loss from Amazon.

Reflection:​

Despite the setback, the account is still up 22%, with a current balance of $1,243. The key takeaway is to learn from the experience and refine strategies for future trades.

Attachments:

 

[Circulu]

Trading Journal - Day 5​

Daily P&L: +$62.98 (+5.06%)

Summary:​

• Lotto Friday:Engaged in multiple low-size scalps.
  • Due to the volume and nature of the trades, individual trades are not detailed.
• Market Activity:
  • Volatile trading day.
  • Account balance peaked at approximately $1,350.
  • Closed the day after hitting a trailing take profit stop.

Weekly Performance:​

• Weekly Gain: 30%
• Current Balance: $1,305.98

Outlook:​

• Monitoring NVDA calls for potential trades on Monday.

Attachments:

 

[Suruct]

Great progress! I'll keep pushing forward!

 

[Runnish]

What timeframe are you using? Best of luck, mate!

 

[Circulu]

What timeframe are you using? Best of luck, mate!

I use every timeframe. Generally, I map levels on all timeframes up to the monthly chart, and then switch to shorter timeframes like 1 minute, 5 minutes, and 15 minutes for intraday trading.