Lost a bunch of money on SMCI, because I bought 2x leverage long shares while at work, forgot to set a stop loss and lost about half my portfolio.

    Decided to swing trade today, because why not?

    Please do not DM me asking for strategies. My post history alone should explain that I am a degenerate, autist gambler who knows nothing.

    Until next time, boys. Good luck in the casino.

    https://www.reddit.com/gallery/1s3kaap

    Posted by LostandConfused2024

    9 Comments

    1. I swear you people are posting these SPY options gains just to piss me off. Trade spx or xsp, you’re just throwing away money with spy options 

    2. No_Plastic_7533 on

      Not trying to hate, but “swing trading” and “0DTE” in the same sentence is like calling a bar fight a long-term relationship. Post the entry/exit rules (or at least how you size and where you cut) because 40k up can turn into a crater fast with SPY weeklies.

    3. these are scalps, not swings. Swings are options that you hold for weeks and/or months.

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