So I'm 18 and still in high school and I've just started trading this week. I've been exclusively doing 0dte SPY options. My trades have been pretty good (except the first one) and the thing is I keep going 100% all in and making pretty impressive gains. I've been going all in.
Here's what my portfolio has been like:
3/3 Started with $500 lost $500 (Didn't really understand traps...)
3/4 Added another $500 + $500 = $1000
3/5 $1000 + $300 = $1300
3/6 $1300 +400 = $1700
I keep going all in with the 0dte options.
It's getting more and more stressful each day with these high risks. I believe that my strategy is successful... until it won't be. I just wanted to gain enough funds from 0dte where I can make some real investments and at the same time though I want to gain a lot of money quick to do it.
Seriously should I just keep it up since it works or ease back? I need some advice.