Option traded: 1.) Bought XSP 510P—7 lots for $539 @ $77 each lot. 5 lots for $360 @ $72 average. -- SOLD at $115 each lot. Sold 5 lots early to secure the capital and sold 7 lots later, but the average price to exit was the same. SOLD all 12 lots for $1380 and booked a profit of $481.
Performance: Excellent work today
Emotions: 1.) No emotions; 2.) Regret after booking profit early.
Strong Point: 1.) Able to close 5 lots earlier to secure at least 50% of the invested amount. 2.) Perfect entry. 3.) Followed the "trend is friend" rule again.
Weak Point: 1.) A little early exit. 2.) Talking on the phone to an unfavorite girl while trading.
Guidelines for the future: 1.) Withdraw some money as a backup. 2.) Buy something for you to keep yourself motivated
Thank you, everyone, and I am just $436 away from reaching my target. I hope everyone did their best today. How was your fourth day of challenge? Please share your P&L with all. See you all tomorrow!
ES1!NQ1! what a time to be alive. Held off on longing yesterday because 4% drop comes before 10% drop. We're at 10% drop from April 2nd now. Not sure if I'll get longs tho. It's possible that long term swings are at a nice discount. But we've seen 30-40% drops on heavy hitters like AAPL before. SPYQQQ
SPYSPXTSLANVDAAAPL Good morning, traders! Day 4 of the #AprilChallenge ($500 to $5000).
Previous day quick summary: The initial balance was $3987 The ending balance was $4083.
IMPORTANT NOTE: My account is larger than this amount, and I have some open positions simultaneously. I am only using an initial balance of $514 to complete this challenge. As of now, taxes and fees are not included in the initial balance or P&L.
04/04/2025
Initial balance : $4083
Maximum loss capacity: $700
Profit target/expectation : Anywhere between $800 and $1000
Max. trade : Only two
Let's start the 4th day of the #AprilChallenge (drumroll). Share your progress below if you have joined this challenge. Thank you!
AAPLNVDA Remember when COVID hit, businesses shut down, and the market tanked? This drop feels the same, except now, all businesses are open. The difference is, back then, the cause was a global shutdown—now, it’s economic policy. The real question is how long it’ll take for companies to adjust and whether recovery will follow the same pattern.
AAPL After surgery, this patient seems to be out of the danger zone, but with all four limbs and internal organs replaced, predicting a move to $11 doesn’t seem out of the question.
SPYSPXNVDAAAPL Guru's #AprilChallenge Day 3rd Report Card.
Starting Balance: $3987 Ending Balance: $4083
Net PnL: $96
Option traded: 1.) Bought SPX 5430P at $730— one lot. Sold at $1260 and booked a profit of $530 2.) Bought XSP 543P at $108—10 lot. Sold at $120 and booked a profit of $120 3.) Bought XSP547C at $236—one lot. Sold at $105 at a loss of $158 4.) Bought XSP547C at $78—three lots. Sold at $29 at a loss of $147 5.) Bought SPX 5430C at $210—one lot. Expired worthless 6.) Bought XSP542C at $39—one lot. Expired worthless
Performance: Good
Emotions: 1.) Relaxed today; 2.) showed no hope and greed.
Strong Point: 1.) Able to close some trades with a loss, which indicates that Guru is doing well on becoming hopeless in trading. 2.) Perfect entry on first put. 3.) Followed the "trend is friend" rule.
Weak Point: 1.) Overtrading. 2.) Broke own rule of doing two trades only. 3.) Did a last-minute trade with an OTM call option.
Guidelines for the future: 1.) Never ever overtrade. 2.) If scalping last minute, then always buy an ATM or ITM option. 3.) Never trade if you have already booked a good profit in your first trade.
Thank you, everyone, and I am just $917 away from reaching my target. I hope everyone did their best today. How was your third day of challenge? Please share your P&L with all. See you all tomorrow!
SPY 
SPX 
AAPL 
NVDA 
TSLA Guru's #AprilChallenge Day 4th Report Card.
