Not sure what I'm doing here. But you mean to tell me I bought 12x at $1.18 and already profitted like 500% 👀. And here I was wasting time on 0dte's
https://i.redd.it/o2mx5l7dp4lg1.jpeg
Posted by Vladdroid
7 Comments
Vladdroid on
Already up $150. Guess time to learn how to play with Futures. Been bleeding out with my 0dte’s. Down $63k for 1Y
Alternative_Boat_652 on
You sucked at 0DTE and your next logical course of action was a margins account?
Sweaty_Ad_3762 on
Futures are a superior trading vehicle to 0dtes. However you can lose everything just as easily. The difference is you can easily place stop loss orders when trading futures and the market can’t really move through your order without taking you out unless some rare super high volatility event and you’d just suffer slippage vs with options you might just be done to $0.
Sweaty_Ad_3762 on
Oh the tax implications are really nice also half of your profit from futures gets taxed at long term capital gains rate, if you ever end up having the happy tax problem
AmphibianIntrepid420 on
Hopefully the euro doesn’t dump after the 15% global tariffs.
Derp_El_Grande on
RH adding futures was bound to end in people having no idea what they’re buying.
7 Comments
Already up $150. Guess time to learn how to play with Futures. Been bleeding out with my 0dte’s. Down $63k for 1Y
You sucked at 0DTE and your next logical course of action was a margins account?
Futures are a superior trading vehicle to 0dtes. However you can lose everything just as easily. The difference is you can easily place stop loss orders when trading futures and the market can’t really move through your order without taking you out unless some rare super high volatility event and you’d just suffer slippage vs with options you might just be done to $0.
Oh the tax implications are really nice also half of your profit from futures gets taxed at long term capital gains rate, if you ever end up having the happy tax problem
Hopefully the euro doesn’t dump after the 15% global tariffs.
RH adding futures was bound to end in people having no idea what they’re buying.
Futures are a crazy game.