Out of curiosity what would you have done if the price tested you short strike at 7:08 ie turned into being a loser, do you roll a day in advance? do you take the loss early so that you dont take the max loss for the spread or do you just leave it alone since the risk is defined. Im sure you have posotivie expecantcy I just wanna know your risk parametes
just a few of them, not worth joining for that sake. i actually prefer to have less people in the group too! so im not really promoting anything to sell, just videos on how im doing these days!
@@loganlaj years ago you use to be on discord and was under another trader then something happen and you got your own discord and everyone came over to yours for daily call outs
Happy new years Logan wow truly great I’m starting credit spreads after watching this any ideas to grow a small account to something like yours to be able to do this full time amazing Porsche
@ I’m okay with risk I do have high risk tolerance thank you for responding you motivate me a lot I want to surround my self with great individuals like you I’m starting with 2000 in capital all I have to work with
Logan been watching you for the longest time. Use to be in the discord! This is so awesome to see!! Starting my account back up a few months ago and it’s been going good. Just being patient this time!
Been following you since you had maybe a few hundred subs. Awesome to see your progress through the years. Good for you bud, are you still providing mentorship?
Great work and trading Logan. What was your starting capital for your 0 dte strategy and how long did it take you to build to current levels? Thank you.
I enjoyed this video but had some trouble figuring out who your audience is. You say some correct but not intuitive stuff but don't explain: - Strategy is not for small accounts, True bc Spx contracts are massive. Have you ever traded Xsp which is smaller for smaller accounts? - 390/195 levels: Makes sense, the 200d Sma is often used. Why use EMA vs Sma, what's the difference? - Importance of the VIX: You mention the moves get bigger, but higher vix also juices option prices and spreads. FOMC meeting days are really hard to trade If this is supposed to be for beginners they are probably lost😂. But good stuff
Credit Spreads is probably too risky for beginners to follow since it requires high capital to make profit. Credit spread with high Pop involves high max loss with low max profit. Having said, I also play credit spreads on certain days.
I enjoy your videos on 0DTE credit spread trading. It's true that there is very good money to be made on this strategy despite the lousy risk to reward odds. My major criticism of the strategy is the time the trader must spend watching his positions. This IS day trading. Personally, I like to trade 0dte credit spreads in accounts where I own stocks and I use the collateral of the stocks as "option buying power" in the words of Think or Swim. A good stock picker can then simultaneously make money on stock appreciation and credit spread profits. Logan, I wonder if you saw the movie "The Godfather 2". If so, please remember the scene where Hyman Roth intones to Michael Corleone "Health is The Most Important Thing". Please always keep Roth`s words in mind. I notice you seem to have put on weight. Be careful of the weight issue!
Hi Logan . Thanks for your videos, transparency and motivation. I am watching your for more than 2 years now and always learn something new. Regarding this recent 6 weeks account your mentioned in this video could you provide a little bit more information on your 0DTE trading style: - What’s your trade exit criteria - What’s your stop loss strategy - Do you re enter after loosing trade - Which days you prefer not to trade Thanks and good luck!
My guess is this guys is running various accounts and only showing the ones that didn't blow up. He mentioned he had various accounts and this was one of them. Then he said he didn't do youtube for the money yet he is running youtube ads... or maybe I have him all wrong.
the ad revenue is so minimal that it doesn’t matter, i’m going to run ads regardless - running ads is what allows youtube to push your content to a broader audience they promote the creators that make them $$
i am down 5.5k on options but i am still trying, God willing i will bounce back :D happy to see successful people very motivational for me, thank you Logan.
That was funny. He’s not really wrong, if you are in a bear call spread price goes down or stays level or even goes up a little bit you still make money. With credit spreads you can be a little wrong just not Enron wrong!
If only you had that long hair from 2022 now lol it could be flowing out the window of the porsche as you slide down the highway at a very legal speed I'm sure haha No pics of the bucking bronco? You slackin lol Congrats Mr. SPX
Stay far away from all this BS!! For every dude that makes a bunch, 99 will lose over and over. Focus on your career and DCA into the S&P 500. You will thank me in 5 years.
Have a great new years! Go Notre Dame 🍀🍀🍀
You still rolling or did you change things up?
🍀🍀🍀
sometimes i roll, most of the time i stop out with this specific strat
@loganlaj, what is your exit criteria for both profit taking and stop loss.
Are you still managing funds?
What indicators so you have on the charts?
Out of curiosity what would you have done if the price tested you short strike at 7:08 ie turned into being a loser, do you roll a day in advance? do you take the loss early so that you dont take the max loss for the spread or do you just leave it alone since the risk is defined. Im sure you have posotivie expecantcy I just wanna know your risk parametes
Hello Logan,
Do you have a video where you go over how you make the 0 DTE Entry guide for each day?
Are your trades in last 6 weeks posted on your discord?
just a few of them, not worth joining for that sake. i actually prefer to have less people in the group too! so im not really promoting anything to sell, just videos on how im doing these days!
@@loganlaj years ago you use to be on discord and was under another trader then something happen and you got your own discord and everyone came over to yours for daily call outs
which trading platform is this?
thinkorswim!
Logan, do you guys do small account challenges?
not currently, it’s just not worth my time at the moment. maybe in the future
Happy New Year Logan!
happy new year!
Happy new years Logan wow truly great I’m starting credit spreads after watching this any ideas to grow a small account to something like yours to be able to do this full time amazing Porsche
Happy new year!! Small accounts are very tough to handle this strategy with!
@ I’m okay with risk I do have high risk tolerance thank you for responding you motivate me a lot I want to surround my self with great individuals like you I’m starting with 2000 in capital all I have to work with
Logan been watching you for the longest time. Use to be in the discord! This is so awesome to see!! Starting my account back up a few months ago and it’s been going good. Just being patient this time!
patience pays!!
Would you mind sharing what all the lines are on your standard deviation chart? Thank you!
Soon as I heard 30,000 pounds a year I subscribed.
moving real weight 🍃
Hey Logan I know you do zero dte but around what around what time do you place your trades ? Great videos by the way !!
thx for sharing ! great stuff
Thanks for watching!
Been following you since you had maybe a few hundred subs. Awesome to see your progress through the years. Good for you bud, are you still providing mentorship?
My 390 and 195 indicators in TOS look nothing like yours? I tried both SMA and EMA.
Great work and trading Logan. What was your starting capital for your 0 dte strategy and how long did it take you to build to current levels? Thank you.
So you're strictly a short-seller Logan?
i’d say i lean 60% CCS, 40% PCS
I enjoyed this video but had some trouble figuring out who your audience is. You say some correct but not intuitive stuff but don't explain:
- Strategy is not for small accounts, True bc Spx contracts are massive. Have you ever traded Xsp which is smaller for smaller accounts?
- 390/195 levels: Makes sense, the 200d Sma is often used. Why use EMA vs Sma, what's the difference?
- Importance of the VIX: You mention the moves get bigger, but higher vix also juices option prices and spreads. FOMC meeting days are really hard to trade
If this is supposed to be for beginners they are probably lost😂. But good stuff
Thanks for the share. Interesting insights.
Glad you enjoyed it!
Credit Spreads is probably too risky for beginners to follow since it requires high capital to make profit. Credit spread with high Pop involves high max loss with low max profit. Having said, I also play credit spreads on certain days.
yeah credit spreads are an advanced strategy & skill!
I enjoy your videos on 0DTE credit spread trading. It's true that there is very good money to be made on this strategy despite the lousy risk to reward odds. My major criticism of the strategy
is the time the trader must spend watching his positions. This IS day trading. Personally, I like to trade 0dte credit spreads in accounts where I own stocks and I use the collateral of the stocks as "option buying power" in the words of Think or Swim. A good stock picker can then simultaneously make money on stock appreciation and credit spread profits. Logan, I wonder if you saw the movie "The Godfather 2". If so, please remember the scene where Hyman Roth intones to Michael Corleone "Health is The Most Important Thing". Please always keep Roth`s words in mind. I notice you seem to have put on weight. Be careful of the weight issue!
My goodness. What a 6 week spurt. Congrats on the success. I'd like to be successful like that. I dontvtrust myself- lost too much doing options.
Hi Logan . Thanks for your videos, transparency and motivation. I am watching your for more than 2 years now and always learn something new. Regarding this recent 6 weeks account your mentioned in this video could you provide a little bit more information on your 0DTE trading style:
- What’s your trade exit criteria
- What’s your stop loss strategy
- Do you re enter after loosing trade
- Which days you prefer not to trade
Thanks and good luck!
Tell them how you got started.
Can I ask what and how you trade the bigger account?Do you trade LEAPS buy options sell premium?
just credit spreads, but mainly focused on larger swing trades, $400k in collateral per trade with completely different risk parameters
@ You’re such a rock star.Thanks for sharing I feel like your the only honest trader on Utube.Not selling a course just sharing knowledge.
just sharing knowledge man & entertaining some cool business ideas
i lost everything wits spx options :(
My guess is this guys is running various accounts and only showing the ones that didn't blow up. He mentioned he had various accounts and this was one of them. Then he said he didn't do youtube for the money yet he is running youtube ads... or maybe I have him all wrong.
the ad revenue is so minimal that it doesn’t matter, i’m going to run ads regardless - running ads is what allows youtube to push your content to a broader audience
they promote the creators that make them $$
You lost everything spx options. We're you buying options or selling credit spreads? Or buying debit spreads?
@@hebrews11vs5 selling CS
@@hebrews11vs5 selling cs
😪
Suuuuuerrreeeee this furu
can hate all you want man, i got nothing to prove. just sharing to my fans!
@loganlaj FURU show your tax returns then, and Close your mouth. Coffeezilla will love getting to know you.
@loganlaj show your tax returns, close your mouth and stop pointing. Furu
yeah i’m down, no worries about that. it’s super private to ask someone that, but if that’s what makes you sleep at night 😭
@@loganlaj kk furu
i am down 5.5k on options but i am still trying, God willing i will bounce back :D happy to see successful people very motivational for me, thank you Logan.
You got this!
YMAX 💯
Your account will be blown in no time, have fun.
Sorry, did you say credit spreads are non-directional trades?? LOL
That was funny. He’s not really wrong, if you are in a bear call spread price goes down or stays level or even goes up a little bit you still make money. With credit spreads you can be a little wrong just not Enron wrong!
If only you had that long hair from 2022 now lol it could be flowing out the window of the porsche as you slide down the highway at a very legal speed I'm sure haha No pics of the bucking bronco? You slackin lol Congrats Mr. SPX
the good old days my man! i’ll post the bronco up in the next video 🚘🔥
I wish i can find success. Trading 2 years and unprofitable. I keep at it because I love trading. Hopefully one day I. Can acquire some success
I hope so too! keep on pushing! 🔥
thank you, hanny new year!
Happy new year! 🎈
Stay far away from all this BS!! For every dude that makes a bunch, 99 will lose over and over. Focus on your career and DCA into the S&P 500. You will thank me in 5 years.
it’s definitely not for everyone
@@loganlaj You mean it's definitely not for 99% of all who try.
they need a good chunk of capital & no other commitments to become a successful trader. the big fish eat the little fish 🎣
@@loganlaj Your trying to make off your RUclips channel. I get that. Still most will lose all their money day trading. Best wishes.
i just like helping teach people what’s worked for me