I'm purchasing a course on this topic. This isn't a discussion about whether I should spend money on a course or not. But I am mostly curious how successful some of you have been trading this way and what kind of stress levels have you had? Is $10,000 enough to get started? Any tips you might have besides not purchasing a course? Thank you very much for your help.
Can 0DTE on SPX be profitable with $10K
byu/ghart999 inoptions
Posted by ghart999
20 Comments
Is this a joke?
Yes, it can be. I made 10k last year while rarely risking more than 1k at a time.
Don’t expect the course to do much. You can get everything you need for free. What you been most is a plan, an exit plan and discipline.
If they sell a course , its prob because they cant make a nickle trading.
Just out of curiosity any reason why you narrowed down SPX alone? Sure shot returns? Tax implications? Volatility? Directional predictability?
For such a course I think you should pay more than $10k
I only trade 0dte SPX. You only need a few k.
XSP better
Look down in the comments. This post is an ad for a course.
If you only buy one contract it’s doable you can possibly be profitable. But if someone is selling a course then they likely are scamming you. Don’t expect to be a millionaire though. One at the money contract will probably be around $1000 max depending on implied vol and time of day (obviously this number varies greatly).
Yes, it can be profitable with 10k but only if it’s done very conservatively, which can be hard. Most people fail because they trade 0DTE just directionally, oversize, and don’t define max loss in my experience.
With defined risk structures like small credit spreads or iron flies, risking 1 to 2 percent per trade, it’s workable. You’re not trying to make big daily money, you’re trying to survive and compound.
Stress comes from bad structure, not the strategy itself. Defined risk,small size, fewer trades, and strict rules make it manageable. 0DTE punishes ego fast
And I’m not sure how much you’re paying for this persons course, but I hope it has good information. I’ve been trading equities and futures options full time for a little over eight years and all the educational resources I used to get there are free and plentiful. Best of luck if you have any questions shoot!
30dte credit spreads is the way to go. Started out about 3-4 months ago and i’ve made 8k so far
You can make 1000 dollars with 100 dollars on a single 0dte spx if you pick and wait correctly. Good luck.
Yes but can dangerous. My rules is I won’t buy unless I’m certain I can sell within minutes. Decay will get you quick in the afternoon.
I pretty much trade 0DTE unless it’s pas 12:30 then I’ll usually switch to next day unless I feel certain it will be a quick in and out.
Last 2 years lot of interest in these. Tasty has a ton of vids, all revolve around defined risk .
[https://app.screencast.com/rHxcGtGXeVIw4](https://app.screencast.com/rHxcGtGXeVIw4)
Just send me the money and I’ll be happy to lose it for you
I do 0dte on spx with $8k per day .. I look at trend and buy options accordingly call/put and sell within 2-3 min … I don’t set stop loss but if am down $300 I sell my positions and wait till next setup forms …. You can make couple $k’s every single day with proper discipline
Absolutely 100%. Even with 1k, you can make $75-100 with high probability. Learn a bit of market structure and it becomes a money printer.
Source: I have a 92% win rate selling spreads this year so far. About the same last year.
Guys, he is not buying, he is looking to sell. This is bending the rules of no solicitation. Dont take the bait.
100%. You can 3X that in a week if you have some solid skills..
Yes. It is profitable to the trading company adding your 10K to their accounts