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50 dollar robinhood account

Discussion in 'Trade Journals' started by Optionslayer, Dec 7, 2019.

?

Can I make money with a 50 dollar robinhood acct.

  1. Kiss that 50 bucks goodbye

    33.3%
  2. Tell us how you did in 6 months

    66.7%
  1. Optionslayer

    Optionslayer Member

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    Starting with about 50 bucks to see where it goes.


    Trade #1

    1 AAPL 267.50 call 12/6 exp
    Bought 12/5 at .41 $41.00

    Closed trade 12/6 at 1.99 $199

    Profit $158.


    Trade # 2

    DAYTRADE

    SPY 315 call 12/9 exp


    Bought 3 contracts at .70 $ 210.

    Sold 2 contracts at .85. $170
    Sold 1 contract at. .90 $90.


    Profit $ 50.
     

    Attached Files:

    TomB16, OldFart and Onepoint272 like this.
  2. Optionslayer

    Optionslayer Member

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    I will try to add a few screenshots as time permits.

    SUMMARY,

    Had about 50 bucks and a couple worthless options, one of which expired worthless last night.

    So, just for the fun off it - lets see how long we can survive in the wonderful world of >>>>> WALL STREET

    I will post trades AFTER complete " obvious reasons"

    All trades will be posted "even the losers"

    Option trades can go wrong QUICK, and as the old saying goes " Never trade more than you can afford to lose."

    Please remember,
    I DONT OFFER TRADE TIPS OR ANY TYPE OF PAID SERVICES.


    Comments are always welcome.
     
    #2 Optionslayer, Dec 7, 2019
    Last edited: Dec 7, 2019
    OldFart likes this.
  3. Optionslayer

    Optionslayer Member

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    Screenshot_20191207-115729_Robinhood.jpg Screenshot_20191206-114321_Robinhood.jpg Screenshot_20191206-114333_Robinhood.jpg This is current balance. Bought 2 contracts for the next play.

    Trades [email protected] are shown to confirm.



    The first 2 trades are under our belt and we actually had a great return.
    Burnt up 1 daytrade so will need to be careful, I always keep 1 daytrade availible in case my trade goes wrong and I need to bail

    For now this is a cash account and 4 daytrades in a rolling 5 is a major no-no.

    Bought 2 seperate contracts Friday. OTM "cheap"

    Mostly cash, patiently waiting.
     
    #3 Optionslayer, Dec 7, 2019
    Last edited: Dec 7, 2019
    T0rm3nted likes this.
  4. Optionslayer

    Optionslayer Member

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    1
     
    #4 Optionslayer, Dec 7, 2019
    Last edited: Dec 7, 2019
  5. T0rm3nted

    T0rm3nted Moderator
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    Good luck! Turn that $50 into much more
     
    Intern shIp likes this.
  6. Optionslayer

    Optionslayer Member

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    If only it was that easy. Lol.

    There will be red days in the world of options, just part of the ballgame.


    Todays end of day shot, still holding. Screenshot_20191209-192710_Robinhood.jpg
     
    OldFart likes this.
  7. Optionslayer

    Optionslayer Member

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    Here is this weeks ending balance. Was a crazy and somewhat wreckless week, but I managed to show a overall positive result on the account. Made several dunb moves and paid for it dearly. Will post trades and results later when I have time.
    Screenshot_20191213-150014_Robinhood.jpg Screenshot_20191213-150036_Robinhood.jpg Screenshot_20191213-174555_Robinhood.jpg
     
    OldFart and T0rm3nted like this.
  8. Optionslayer

    Optionslayer Member

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    Gave some back this week.


    However---- Still in the game. Screenshot_20191220-163550_Robinhood.jpg
     
    OldFart likes this.
  9. Optionslayer

    Optionslayer Member

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    This could be the end folks. Stay tuned. All in and hanging by a thread. Screenshot_20191223-153331_Robinhood.jpg Screenshot_20191223-153429_Robinhood.jpg Screenshot_20191223-153331_Robinhood.jpg Screenshot_20191223-153429_Robinhood.jpg
     
  10. Optionslayer

    Optionslayer Member

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  11. Optionslayer

    Optionslayer Member

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    Almost got wiped out being stupid.
    Down about 50% overall, stay tuned.
     

    Attached Files:

  12. Optionslayer

    Optionslayer Member

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    Limping back up the hill. Out of daytrades.
    Staying cash. Screenshot_20191227-085508_Robinhood.jpg
     
  13. T0rm3nted

    T0rm3nted Moderator
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    You are a roller coaster my friend
     
  14. Optionslayer

    Optionslayer Member

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    Lol. Im the poor mans disneyland.

    Todays end results, ALL IN and out of daytrades.. Have to hold overnight. Boom or bust boys n girls-- Stay tuned.. Screenshot_20200102-150531_Robinhood.jpg
     
    T0rm3nted likes this.
  15. Optionslayer

    Optionslayer Member

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    Fridays end results. Still in the game and out of daytrades. Stay tuned. Screenshot_20200103-153437_Robinhood.jpg
     
    OldFart, TomB16 and T0rm3nted like this.
  16. Optionslayer

    Optionslayer Member

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    All in and hangin by a thread, AGAIN.

    Screenshot_20200107-183017_Robinhood.jpg
     
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  17. TomB16

    TomB16 Well-Known Member

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    Wow, Slayer. Just wow. :D

    You are the ant moving a rubber plant. I'm blown away and totally cheering for you, even though I recently acquired quite a bit of oil production.

    You're my drunk buddy who hands me his beer and tells me, "hold this while I ride the mechanical bull on the Charlie sheen setting." There is a knot in my stomach watching, desperately hoping nothing bad happens, but knowing that it will.

    Tell you what, if/when you might decide to move on, stop by the investing forum and we will do some long term investing togeather. We can go through the theory/screener/analysis together and then we will both throw $100 down on a slow horse and watch it graze for 5 years. Sound interesting? It isn't but it might be a nice thread for others to watch in case they are interested in massively higher odds of success over a wildly longer period of time in the most boring way possible.

    Look me up. :)
     
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  18. Optionslayer

    Optionslayer Member

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  19. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    I like it! Just got back to trading mine - usually weeklies on ETFs. Following you!
     
    Optionslayer likes this.
  20. Optionslayer

    Optionslayer Member

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    I will mr. TOM, thanks for stopping by.
    I can now say I have a friend in high places!!! Dont worry, I dont need money from you "LOL" but I admire you investing aaproach/ angle. Proud to watch your INTENSE D.D. payoff bigtime for you..
    Being a ole time HSM'r from the 2009 crash I have learned a lot from folks like you.

    Todays end results, still slowly limpin back up the hill to my all time high of around
    $575.00. not bad from a initial balance of around 50 bucks, BUT still down overall. Depends on how you figure the numbers.

    Promise to itemize each trade to verify when I get time.

    IF I could manage to stop swingtrading and overtrading I would do much better, BUT I have a option addiction that is worse than heroin!

    Stay tuned for the next episode. Screenshot_20200108-150549_Robinhood.jpg Screenshot_20200108-150609_Robinhood.jpg
     
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