Matt Kohrs
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Daily Degen Trade Report (+$275) || What A Trash Day...
Monday, July 1st
July 01, 2024
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Brutal Monday

TODAY'S GAIN: +$275

My posted, REAL-TIME TRADES WERE TRASH! Today's trades would have paid for MORE THAN FIVE MONTHS OF GOONIE DISCORD ACCESS! With the being said, my execution today was garbage. The details are showcased below, but it was horrendous. I got lucky -- Hopefully, I can improve tomorrow.

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

A BEARISH signal, 4/5 strength, was generated at 10:12am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).

One trade hit and the other did not -- One for two.

SPY Return: +$28 (+100%) per $172 signal cost

QQQ Return: -$168 per $184 signal cost

Total Return: -$140

 

Thicc Matt's Personal Trades

Trade One: 20 x SPX 5460/5465 Call Credit Spread (Scalp Strategy Trade)

I really liked the setup of this trade, which is why I erroneously traded double the size I should have. For a solid hour, I was sitting on a nice unrealized profit. I got too greedy and overstayed my welcome. When it turned against me, I quickly cut the position and started to mentally spiral. The exit was at $3.50 from a $2.70/ea entry -- The realized loss was $1,600.

 

Trade Two: 40 x SPX 5475/5470 Put Credit Spread (Revenge Trade)

Instead of being calm, cool and collected, I decided I should go on tilt by revenge trading. Due to my first trade being too much size, I made the stupid, undisciplined move to double down and fire from the hit. It ended horribly as you might have guessed. The exit was at $3.30 from a $2.25/ea entry -- The realized loss was $4,200.

 

Trade Three: 45 x SPX 5470/5465 Put Credit Spread (FULL TILT Trade)

I'm not really sure what to say. I got lucky. I want to be clear -- THIS WAS NOT A GOOD TRADE. THIS WAS NOT A GOOD TRADING DAY. I was on tilt. I was revenge trading. I took on too much risk. Fortunately for my account, I got lucky with the price movement at the end of the day. The exit was at $0.05 from a $1.40/ea entry -- The realized gain was $6,075.

 

Trade One Return: -$1,600

Trade Two Return: -$4,200

Trade Three Return: +$6,075

Total Return: +$275 (before fees)

These trades would have paid for MORE THAN FIVE MONTHS OF GOONIE MEMBERSHIP!!!

 


 

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
  • Weekly Newsletter
  • 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". If you have any issues, don't hesitate to reach out -- Feel free to DM on Discord or Twitter.)

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FREE Options Trading Lecture This Friday @ 10am ET

It's all going down THIS FRIDAY!!!

The team at SpotGamma will be joining the MK Show to discuss various options trading strategies. (Yes, it will include 0 DTEs for you degens).

This is 100% FREE options trading education.
All you need to do is be where you normally watch me at 10am ET!

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Goodbye March, Hello April || Goonie Newsletter
Goonie Newsletter (March 30th - April 3rd)

Goodbye March, Hello April

Key Weekly Performance Stats:

  • S&P 500: -2.12
  • Nasdaq 100: -3.20% 
  • Russel 2000: -0.34%
  • Bitcoin: -5.88%

Last week, stocks struggled as markets wrestled with a tough mix of rising geopolitical tension and sticky inflation pressure. The S&P 500 and Nasdaq both moved lower, with tech leading the downside, while the Dow continued to lag. Oil prices stayed elevated, which kept inflation concerns front of mind and made it harder for equities to find footing. The bigger issue wasn’t just one factor, it was the combination of higher energy costs, uncertain growth, and investors trying to reprice risk all at once.

On the data side, the tone leaned softer. The S&P Global flash PMI showed U.S. business activity slowing to an 11-month low, while input prices picked back up. Construction spending for January also came in weaker. Midweek, the current account deficit narrowed more than expected, which stood out as one of the few positives. By Friday, consumer sentiment slipped to a 3-month low, with inflation expectations moving higher. At the same time, headlines around Trump and Iran kept markets on edge, with brief signs of easing tensions but no real resolution, leaving oil and risk sentiment sensitive to every update.

Looking ahead to next week, the focus shifts back to hard data. Tuesday brings Conference Board consumer confidence, Wednesday has ISM manufacturing, Thursday delivers the trade balance, and Friday is the big one with the March jobs report. That jobs print will likely set the tone for rates and equities into early April. Markets are open all week, and after a headline driven stretch, this setup could turn more data driven, with traders watching closely to see if growth is actually slowing or just cooling. As always, stick to your trading plan and respect your risk. Godspeed.

Best,

Thicc Kohrs

P.S. The official Goonie Discord is live! (FREE Access w/ code GOONIE: https://bit.ly/GoonieGroup)

 


 

Earnings

 


 

Market Events

Monday, Mar 30th

10:30 AM ET    Fed Chair Powell Speaks

 

Tuesday, Mar 31st

09:45 AM ET    Chicago PMI (Mar)

10:00 AM ET    Consumer Confidence (Mar)

10:00 AM ET    JOLTs Job Openings (Feb)

 

Wednesday, Apr 1st

08:15 AM ET    ADP Nonfarm Employment Change (Mar)

08:30 AM ET    Retail Sales MoM & YoY (Feb)

09:45 AM ET    S&P Global Manufacturing PMI (Mar)

10:00 AM ET    ISM Manufacturing PMI & Prices (Mar)

 

Thursday, Apr 2nd

08:30 AM ET    Initial Jobless Claim

 

Friday, Apr 3rd

ALL DAY          Market Closed (Good Friday)

08:30 AM ET    Unemployment Report (Mar)

08:30 AM ET    Nonfarm Payrolls (Mar)

09:45 AM ET    S&P Global Services PMI (Mar)

 


 

Seasonality Update

S&P 500 Seasonal Bias (Monday, Mar 30th)

    • Bull Win Percentage: 74%
    • Profit Factor: 8.75
    • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Tuesday, Mar 31st)

  • Bull Win Percentage: 50%
  • Profit Factor: 0.80
  • Bias: Leaning Bearish

Equity Curve -->

 

S&P 500 Seasonal Bias (Wednesday, Apr 1st)

  • Bull Win Percentage: 71%
  • Profit Factor: 1.95
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Thursday, Apr 2nd)

  • Bull Win Percentage: 68%
  • Profit Factor: 2.37
  • Bias: Bullish

Equity Curve -->

 

S&P 500 Seasonal Bias (Friday, Apr 3rd)

  • Market Closed (Good Friday)

 

Notes: These analytics are derived from the performance of the S&P 500 futures contract over the past +25 years. Additionally, results are computed from the futures market open and close.


 

Options Strategy Update

The 0 DTE signal hit 8 for 8 times (16 for 16 total units) this past week.

Signal Accuracy: ~100%

Note: These signals are posted in real-time in the Goonie Trading Discord. You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)!!!

 

Piper's Current Signal Streak: 20 Trades

March Record: 44/48 Units

 

Monday, Mar 23rd

SPY Put Credit Spread (2x Multiple @ $655 / $654) 🟢

QQQ Put Credit Spread (2x Multiple @ $588 / $587) 🟢

 

Tuesday, Mar 24th

SPY Put Credit Spread (2x Multiple @ $649 / $648) 🟢

QQQ Put Credit Spread (2x Multiple @ $581 / $580) 🟢

 

Wednesday, Mar 25th

SPY Call Credit Spread (2x Multiple @ $662 / $663) 🟢

QQQ Call Credit Spread (2x Multiple @ $593 / $594) 🟢

 

Thursday, Mar 26th

SPY Call Credit Spread (2x Multiple @ $655 / $656) 🟢

QQQ Call Credit Spread (2x Multiple @ $586 / $587) 🟢

 

Friday, Mar 27th

No Signal Produced

 


 

Trump Market Whiplash Count

13,982 *

* This data point is from readings over the past week. The reported information should not be taken as an aggregate or cumulative value for any period beyond the most recent week (Sunday through Saturday). Appropriate alterations were made to account for both travel and time zone shifts.

 


 

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.

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Daily Degen Trade Report (+$1,250) || Happy Bloody Monday!
Monday, March 30th

Happy Bloody Monday!

THICC RETURN: +$1,250

My posted, REAL-TIME TRADES PAID -- Today's trades would have paid for MORE THAN AN ENTIRE YEAR OF GOONIE MEMBERSHIP!

If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

PIPER'S RETURN: +$62

A BEARISH signal, 4/5 strength, was generated around 10:45am ET by Piper. 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 missed. Both of these trades hit if held until close -- 4 total units!

SPY Return: +$16 (+100%) per $184 signal capital requirement

QQQ Return: +$10 (+100%) per $190 signal capital requirement

Total Return: +$26 (+100%) per $374 signal capital requirement

 

Thicc Matt's Personal Trades

Trade One: 10 SPX 6,430/6,450 Call Credit SpreadsThese CCS's were sold at $2.25/ea and were bought back at $1.00/ea -- THIS MEANS MY REALIZED GAIN WAS $1,250!!!

 

Trade One Return: +$1,250

Total Return: +$1,250 (before fees)

These trades alone would have paid for MORE THAN AN ENTIRE YEAR OF GOONIE DISCORD ACCESS! 

 

Thicc Matt's Futures Trades

TOTAL RETURN: +$24,806.80

 

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 


 

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.

Read full Article
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Daily Degen Trade Report (+21,000) || TGIF!
Friday, March 27th

TGIF!

THICC RETURN: +$21,000

If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 

Piper's Picks

PIPER'S RETURN: +$0 (No signal produced)

 

Thicc Matt's Options Trades

No Trades Taken

 

Thicc Matt's Futures Trades

TOTAL RETURN: +$21,230.34

 

You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)

 


 

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.

Read full Article
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