I have been paper trading for some months now and i just started trading with real money.
What i have noticed is the fills and risk reward you get is ridiculous compared to paper trading
I am lucky if i get filled on a 1/7 risk/reward like $15 credit for every $100 risk with the POP of "75%" 11-35DTE.Also considering i take profit at about 70% this can leave you with 10 dollars profit for every 100.
I am mostly find my trades throught option samurai scanners and TOS spread scanners.
And i say "" because 75% is not really the right pop for a 1-2 standar deviation from current price for an option that expires after the earnings when on previews earnings you can see the price easily make a 15-20% move .
What your thoughts on this?
I am trying to trade mostly on probabilitys than directional .But this feels more like gambling with this risk reward ratio.