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TGE

729 members β€’ Free

78 contributions to TGE
SPY still showing strength
Have been taking as more relaxed ride the last few weeks and I’m still bullish on SPY going into the end of the year. Where do you think it will by end of year?
1 like β€’ 4d
@C O Would like to see 720
SPY day trading strategy: Sizing
Quick update on the SPY strategy we're building together. Today we took one clean trade using Gextron. We went short from 665 β†’ 662, and Gextron did exactly what it’s built to do: - It gave us the entry level - It projected an achievable price target - It helped us move from OTM β†’ ITM with precision Inside our day trading group, one of the biggest topics we've been breaking down is position sizing. Because this is what determines whether your strategy grows or blows up. We've considered 3 main approaches: 1. Dynamic %-Based Sizing You risk a fixed % of your account, like 1%. As your account grows, your size grows. As it shrinks, your size shrinks. 2. Fixed Dollar Sizing If you start with $1,000 per trade, you stick to that $1,000 no matter what. 3. Conviction-Based Sizing High conviction β†’ risk more Low conviction β†’ risk less For the sake of consistency, we're sticking with fixed position sizing. Our paper account is $100,000. So we're trading $1,000 per trade. Wether the account hits $150k or dips to $90k we stay at $1,000 per trade. Why? - It makes our results predictable - It reduces P&L volatility - It protects the account during losing streaks - It gives us more control over the risk side of the strategy Right now we're sitting at 83% win rate over 6 trades – but we're excited to see our losing streak come. That's where we'll see the real durability of your strategy. We want controlled growth, small drawdowns, and avoiding high CVaR situations. What position sizing method works best for you? Drop your thoughts below!
SPY day trading strategy: Sizing
0 likes β€’ 16d
are you guys doing this every day? are you waiting for price to hit a high gex strike and play that as support or res and then play that as a reversal?
Here's what I'm doing during drawdowns like this
Most traders panic during red weeks. But honestly? These are the moments I get the most excited. Why? Because drawdowns create opportunity. This where the best setups start forming quietly, before the crowd wakes ups. Right now, I'm preparing my shopping list. Not rushing in... just positioning myself to buy my favorite high-conviction names. Here's what I'm on my radar: 1️⃣ IONQ 2️⃣ SOFI 3️⃣ CELH 4️⃣ OPEN βœ”οΈ Stay calm βœ”οΈ Build your list βœ”οΈ Load up on high-conviction plays when they get cheap βœ”οΈ Think 12–18 months out, not 12–18 hours Who else is buying the dip right now? πŸ‘‡
0 likes β€’ 17d
What would you consider oversized? I have about 30% of my portfolio in Jan expiring contracts and its taken a significant hit the last week+. I'm reluctant to just trim the entire thing when I feel like a lot of my positions can rebound but I also don't like where I'm at right now.
0 likes β€’ 17d
~20
CELH
What are we doing with CELH, its time lol
CELH
1 like β€’ 22d
I'm in the Jan 50 Calls. Everything getting hammered today was tough.
50% QQQ Puts Twice Today β€” And Caught MNQ With Precision Using Gextron
Today’s trading session was a perfect example of why having real-time, structured levels matters. I took QQQ 619p (0DTE) twice and walked away with gains both times β€” and we also hit MNQ. Gextron gave me the exact n-trans level. It provided the next key level below. Gextron also identified the downside price target projection. If you're still trading off naked charts or depending on random indicators, this is why you're struggling. Levels and premiums tell the story long before the candles do. What did you take today?
50% QQQ Puts Twice Today β€” And Caught MNQ With Precision Using Gextron
0 likes β€’ 24d
When do you mark your DEM? Shortly after the open?
1-10 of 78
Matt Bey
4
18points to level up
@matt-bey-5924
I am not new to trading or the industry, but I am new to trading my own capital. Currently live in the Midwest and looking to expand my strategies.

Active 9h ago
Joined Nov 26, 2024
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