FML
Have I had a few High Noons? Yea, but that doesn't change the fact that today sucked balls. The strategy did end up hitting though. You might be thinking how did the strategy work but you lost money??? The short answer is I'm fucking stupid.
My posted, REAL-TIME TRADE sucked ass!!! Today's gain was enough to pay for more than NEGATIVE TWENTY YEARS of Discord membership. If you haven't joined, congrats! You dodged a bullet.
Piper Still Worked
A BULLISH signal, 4/5 strength, was generated at 10:15am ET. This signal was a mixture of both the Piper and Roo System. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).
Both of these trades hit -- 4 total units!
Total Return: +$56/signal (+100%) -- This could easily be scaled per $344/signal.
Thicc Matt's Personal Trade
I took one trade today and it reminded me why I hate trading. I thought I knew "more" than the posted strategy, so I ended up taking a higher risk trade than I should of. Did I manage it properly afterwards??? FUCK NO, lol. I went on tilt and let it blowup in my face. I would love to say I learned from this and will be better in the future, but we all know that's not true :(
As shown, the loss was taken at $4.90 for all 15 positions (way past my set risk of $3.25/ea).
Total Return: -$6,200
The TLDR
A HORRIBLE $6,200 LOSS. Don't listen to me! Listen to Piper or Roo instead, which hit again (4 total units).
How To Join The Goonie Discord (For FREE)
Join the Goonie Discord if you want access to any of the following:
- My Live Trades & Thoughts
- Weekly Teaching Sessions
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- Trading Competitions
- Texas Roadhouse Talk
Remember you can join the Discord for FREE with the code GOONIE (Click Here!). This code will allow to become a Locals "supporter". Supporters get full access to the entire Locals Community & Goonie Discord server.
Discord Link: https://discord.gg/3dxBRVrgGG
(Allow up to 24hrs to process after you've become a "supporter". Make sure you use the same email for both Locals & Discord. If you have any issues, don't hesitate to reach out -- Feel free to DM on Discord or Twitter.)
Notes
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
Paid endorsement for Public.com. Options are not suitable for all investors and carry significant risk. Certain complex options strategies carry additional risk. Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more.
For each options transaction, Public Investing shares 50% of their order flow revenue as a rebate to help reduce your trading costs. This rebate will be displayed as a negative number in the “Additional Fees” column of your Trade Confirmation Statement and will be immediately reflected in the total dollars paid or received for the transaction. Order flow rebates are only issued for options trades and not for transactions involving other assets, including equities. For more information, refer to the Fee Schedule.
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Both of these trades hit if held until close -- 4 total units!
These CCS's were sold at an average of $0.62/ea and were bought back at an average $0.15/ea -- THIS MEANS MY REALIZED GAIN WAS $1,400!
Both of these trades hit if held until close -- 2 total units!
These CCS's were sold at $0.60/ea and were bought back at $0.05/ea -- THIS MEANS MY REALIZED GAIN WAS $660!
Both of these trades hit if held until close -- 4 total units!
These PCS's were sold at $0.65/ea and were bought back at $0.05/ea -- THIS MEANS MY REALIZED GAIN WAS $600!
