2k account challenge - day 3 acct update - $2380

[FabTrey]

Hey fam, you ready?

 

[Dorian Breh]

So is this all your trades from ‘24?

 

[FabTrey]

So is this all your trades from ‘24?

There's a date at top right corner. From 12/11/2024

 

[BronxFleeZ]

am I too late?

 

[FabTrey]

am I too late?

Nope. It's starting tomorrow. Join and ask any questions in option chat or ask here. They will be quick to answer, but I'll also check here time to time

 

[Ray D’Angelo Harris]

I’ve been trying to learn to trade forever but can’t find a single person to learn from like, face-to-face. I’ve watched a thousand tutorials on YouTube. I do understand the broad basics. But there are so many little things that are actually big things, that I have questions about and it’s nearly impossible to convey these things without being in person. It sucks.

 

[FabTrey]

I’ve been trying to learn to trade forever but can’t find a single person to learn from like, face-to-face. I’ve watched a thousand tutorials on YouTube. I do understand the broad basics. But there are so many little things that are actually big things, that I have questions about and it’s nearly impossible to convey these things without being in person. It sucks.

We’re hosting Sunday night study sessions! Our first one was last night and it went really well. Join us next Sunday—we’d love to have you there.

Also, feel free to drop any questions in the options chat. The community is always ready to help.

 

[FabTrey]

I’ve been trying to learn to trade forever but can’t find a single person to learn from like, face-to-face. I’ve watched a thousand tutorials on YouTube. I do understand the broad basics. But there are so many little things that are actually big things, that I have questions about and it’s nearly impossible to convey these things without being in person. It sucks.

To start, just focus on the basics:

1. Learn how to read candlesticks

2. Study chart patterns (like flags, triangles, double tops/bottoms)

3. Understand support and resistance


That alone will take you pretty far. Don’t worry about mastering everything at once—just take it one step at a time. If you know these 3, you can make money

 

[Towlie]

HOW TO BUY OPTIONS ON ROBINHOOD (FOR THE $2K CHALLENGE)


For those who never even had a robinhood or webull - this is for you.

Nilly’s gonna be calling the shots, but YOU gotta know how to actually enter the plays.


Here’s how to do it on Robinhood. I recommend Robinhood because it's the easiest platform. Super simple. Just follow along:

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1. TURN ON OPTIONS TRADING
If you’ve never traded options on Robinhood before:
Open the app → Tap the little person icon (bottom right) → Settings → Options Trading → Turn it ON.
Robinhood might ask you a few questions and approve you pretty quick.

---

2. SEARCH THE STOCK WE’RE TRADING
Let’s say Nilly alerts:
“TSLA July 19th 600C @ $1.50, 2 contracts”


Search TSLA in the app → Tap it.

---

3. TAP “Trade” → THEN “Trade Options”
This opens up the options chain. You’re in the right spot.

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4. PICK THE RIGHT EXPIRATION DATE
In this case, he said July 19th — so scroll and tap July 19 at the top.

---

5. PICK THE RIGHT STRIKE & TYPE (CALL or PUT)
He said 600C, which means:

• Strike = 600
• C = Call (we’re betting it goes UP)

So scroll down, find the $600 Call row, and tap it.

---

6. SET UP YOUR ORDER

Hit Buy, change “1” to 2 contracts (because he said 2).
Make sure it’s a limit order, not market.
Type in the price he called ($1.50 in this case).
Review → Swipe up to confirm.


Remember:
$1.50 = $150 per contract
2 contracts = $300
So you’re only risking $300 of your $2,000 — so don't be buying 10 contracts. you gonna blow your account before even started if things go wrong.

---

7. YOU’RE IN. NOW WAIT FOR THE EXIT ALERT.
You’ll get another ping like:
“TSLA 600C → sold at $2.30”
That means it went from $1.50 to $2.30 (you made $160). Congrats.

---

IMPORTANT REMINDERS:

• Don’t freestyle. Just follow Nilly’s alerts.
• Don’t buy more than what’s called. If he says 2 contracts, don’t get cute with 5. This is the most important part IMO.
• Don’t chase. If the price already ran way past the alert, skip it. There will be more.
• Keep your risk tight. We’re playing smart, not trying to blow up.

In this example is this a covered option , do we pick long or short?

 

[Bboystyle]

In this example is this a covered option , do we pick long or short?

U go by what Nilly says in the discord chat. Its a guided account. When he says buy, u buy. When he says he is selling, u sell. He will put how many contracts and when the exp. date is.

 

[Towlie]

U go by what Nilly says in the discord chat. Its a guided account. When he says buy, u buy. When he says he is selling, u sell. He will put how many contracts and when the exp. date is.

I'm following, there is a learning curve with tastytrade. When I click on options I have to choose long or short .

I put in the order for the TSLA chose long , but it hasn't been filled

 

[WTFisWallace?]

I'm following, there is a learning curve with tastytrade. When I click on options I have to choose long or short .

I put in the order for the TSLA chose long , but it hasn't been filled

Not familiar with TastyTrade.....but when you put in your price point, did you choose limit? And set it around 3.45?

 

[K-Deini]

Nice tesla trade this morning. Bought 3 cons at 3.50 sold at 4.25

 

[Ray D’Angelo Harris]

To start, just focus on the basics:

1. Learn how to read candlesticks

2. Study chart patterns (like flags, triangles, double tops/bottoms)

3. Understand support and resistance


That alone will take you pretty far. Don’t worry about mastering everything at once—just take it one step at a time. If you know these 3, you can make money

Thanks breh

 

[Towlie]

Not familiar with TastyTrade.....but when you put in your price point, did you choose limit? And set it around 3.45?

Yes I believe so.

I have fidelity , but chose a new account with tastytrade over Robinhood