After some time exploring the world of options trading, Iāve decided to implement a structured routine that helps me trade consistently and improve gradually ā without overtrading or getting emotional. My current goal is simple:
šÆ Close $100 in profit per week by buying options with staggered expiry dates ā ensuring at least one contract expires each week.
Iāll be updating this blog every weekend with my trade summary and reflections ā wins, losses, and lessons included.
Rules and Commitments for myself:
Staggered Expiry Dates
Ensures I am not overexposed to one expiration week. It spreads out risk and keeps a consistent flow of activity.
Weekly Closing Goal
Targeting $100 per week is realistic for small accounts (e.g., $2kā$5k capital). It forces discipline and avoid overtrading.
Routine Structure
Having specific days for screening, buying, monitoring, and reviewing reduces emotional decision-making.
Built-in Reflection & Adjustment
Weekly blogging/logging for self-review, for improving.
š Tools Iām Using
| Type | Tool Name | Usage Description |
|---|---|---|
| Charting & Analysis | ChartNexus | For technical analysis, drawing setups |
| Broker Platform | Moomoo App *Tiger Trade (for bot trading only) | For placing trades, reviewing option chains, and managing open positions |
| Trade Logging | Google Sheets | To log each tradeās entry/exit, profit/loss, notes, and track weekly performance (on Options only) |
| Reflection & Sharing | This Blog (running on WordPress) | To document weekly results, track progress, reflect strategy used |
| Back testing Strategy | Moomoo Desktop App, Own Built Python scripts | To backtest simple strategies |
| Performance Graphing | Google Sheets, Tableau Public (Free Version – https://public.tableau.com) | For documenting backtest result |
| Performance Creation | Canva – https://www.canva.com Freepik – https://www.freepik.com/ | For image creation to use in blogs |
Final Thoughts
This routine is my attempt to turn trading into a weekly ‘business‘, not a random gamble. Itās a mix of structure, learning, and personal growth ā and Iāll share everything I learn, whether itās a win or a tough loss.
If youāre building a routine of your own, feel free to follow along or share your approach. Letās grow together.
Until next weekend ā
Stay consistent. Stay curious. Trade small.
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