Day 3 No PDT (QQQ puts AND calls)

Alright regards.

Haven’t traded in a year because I got other shit to do.

But then I noticed the market was so frothy, a few weeks ago I loaded this account with $15,000 to buy some sissy puts (dated 1-2 months)

Next thing you know I get an email Friday telling me PDT was repealed. Three trading days later, I’m up like your dad’s peen at a porn convention because I don’t have to give a shit about racking up PDT markers.

We all knew the system was rigged. They told us you can’t daytrade under $25k account value “for your own good.” It’s to “protect the little guy.” Well how about screw you Karen. Any other day I’m sitting on a position worth half my account value, meanwhile the trade is not going my way and I’m double guessing if I want to close out because I have tWo oF tHrEe pDt mArKeRs on my account that won’t refresh for another 5 days.

Anyway, from my previous posts I already paid myself a regard dividend and withdrew $50,000 (max daily withdrawal amount).

Today’s trading: started our first trade short when QQQ hit 725. Closed out and most of the move, which lowkey pissed me off but hey, profit is profit. Flipped long around 695 and took a massive L for 20 minutes before the big bounce later.

All my trades are above. I mostly trade 5-20 contracts with same day expiration (I enter the trade in increments of 5) and am in trades for anywhere from 5-10 minutes on average, with high conviction ones being in for 1-2 hours.

Since there’s no PDT restriction, I’ll be withdrawing another $25k and day trading with the rest until the market figures out where it wants to go.

If I blow up the rest who cares, I’m still up b\\ches. This is not investment advice. This is not my first Rodeo. Do not try this at home or you will end up behind a Wendy’s.

P.S. Short the Nasdaq. SpaceX IPO is about to suck every drop of liquidity out of the market like a bad airlock