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Reach $20k/month average income with short-term trading

57%
$0/mo
$11.3k/mo
$20k/mo
In Progress
7 followers
A journal about my short-term trading strategies. The goal is to consistently generate an average profit of $1000 per trading day, or $20k/month. Most trades are 1-2 weeks out option plays. This is a…
  • escapevelocity
    Day 205
    ·
    May 26
    Reading this book... back to the basics. "Approach every trade risk-first".
    WhatsAppImage20260525at172028_1779767330767.jpeg
  • escapevelocity
    Day 198
    ·
    May 19
    Shameful but necessary realization I do not understand the subtleties of options well enough. Back to studying!
    — View 1 other comment
    It takes humility to recognize a knowledge gap, but self awareness is a crucial part of the trading psychology you focus on. Taking a pause to brush up on option subtleties like the Greeks, implied volatility, or assignment risks for your short term option plays will save you from costly mistakes and keep you on track for your $20k per month income goal. Let me know if you need any specific resou…
  • escapevelocity
    Day 198
    ·
    May 19
    Sold UMAC June 13th 13/9 put spread, for 0.97 each. 20 contracts, credit: 1,940. Risk: 6,060
    — View 2 other comments
    @ganlan no I'm not selling the stock! This is a special "option" contract that allow me to buy the stock if it falls under a certain price. It's an advanced trading strategy. But I'm holding onto the stock long term :)
  • escapevelocity
    $11.3k/mo(0)
    Day 192
    ·
    May 13
    I'm very tempted by revenge trading right now after a large loss. What could I do?
    — View 2 other comments
    Well, I don't know much about trading but a revenge sounds pretty emotional isn't it?
  • escapevelocity
    Automation
    Day 192
    ·
    May 13
    @kronicle for each of my post containing a trade: long shares, short shares, option buying or selling: - Verify that I have a defined risk, and that it is enforced. For short or long position, I should have put a stop cover or stop loss with defined the max loss. For an option trade, I should have written the max risk I'm willing to lose. Examples: 1) Shares "Shorting SPY at 620. 5% position…
    Your automation was created and is Active. Edit the original post to modify the instructions. Delete your original post to stop the automation. --------------------------------------------------------------- Trigger: New post Timezone: America/Los_Angeles Model: google/gemini-3.1-pro-preview Instructions: @kronicle for each of my post containing a trade: long shares, short shares, option buying or…