Yo Pit Crazies,

If you want to learn how to use 0DTE trading styles for 2024, look to Licia and Mark in Jan2024.  If you are too late, you gotta wait.

The best thing I did was launch the Easy Trade Button service in January of 2023 to trade strangles and calendar spreads.  Why did I do that?  Because the beginning of 2023 was not like the end.  Not by a long shot.  The trade record is here.

54 trades, 71% win rate that paid for service 6x over.  $1000 per trade would have made $10000 on a $997 per year service.

The big question is it applicable to 2024?  Is the technique applicable to 0 DTE?  What made it work so well?  I added a trading list goody for those that click through.

Let’s find out.

Keep a list, follow the range and momentum

Below is the list of stocks I traded in the EZB.  Getting familiar with a product is a good way to start trading anything.  0DTE is just trading the big indexes right now and I predict it will expand.  That crosses familiarity with the product off the list.

The next is range and momentum and Licia and Mark should take care of those two in the very short duration.  Licia will work on momentum and Mark will hit the range and volatility in our January class.  It should make for a great mix.  The strangle or calendar trade works great, I just need the right conditions.  Trading a list of stocks there is generally one that will fit.  The ability to learn when a trade will work should lend itself well to 0DTE options in the future.

2024 will not be like 2023.  Pricing trading ranges and identifying stocks or indexes with momentum in shorter time frames will always be there.