Category: Personal

📈 My New Options Routine: Targeting $100/Week with Weekly Expiries

After some time exploring the world of options trading, I’ve decided to implement a structured routine that helps me trade consistently and improve gradually — without overtrading or getting emotional. My current goal is simple:

🎯 Close $100 in profit per week by buying options with staggered expiry dates — ensuring at least one contract expires each week.

I’ll be updating this blog every weekend with my trade summary and reflections — 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., $2k–$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.

    🛠 Tools I’m Using

    TypeTool NameUsage Description
    Charting & AnalysisChartNexusFor technical analysis, drawing setups
    Broker PlatformMoomoo App
    *Tiger Trade (for bot trading only)    		For placing trades, reviewing option chains, and managing open positions
    Trade LoggingGoogle SheetsTo log each trade’s entry/exit, profit/loss, notes, and track weekly performance (on Options only)
    Reflection & SharingThis Blog (running on WordPress)To document weekly results, track progress, reflect strategy used
    Back testing Strategy Moomoo Desktop App, Own Built Python scriptsTo backtest simple strategies
    Performance GraphingGoogle Sheets, Tableau Public (Free Version – https://public.tableau.com)For documenting backtest result
    Performance CreationCanva – 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. It’s a mix of structure, learning, and personal growth — and I’ll share everything I learn, whether it’s a win or a tough loss.

      If you’re building a routine of your own, feel free to follow along or share your approach. Let’s grow together.

      Until next weekend —
      Stay consistent. Stay curious. Trade small.

      Just Me, Figuring Things Out

      A Little Note About Me and This Blog

      Everything I share here is based on what I’ve read, learned, and personally tried. It’s a mix of trial, error, small wins, and lessons along the way. I’m not a professional trader or financial expert — just someone who’s genuinely curious and trying to make sense of the investment world step by step.

      I hope to learn from fellow investors and traders out there. Whether you’re a beginner like me or someone with more experience, I’d love to hear your thoughts, feedback, or even just a hello.

      I started this blog as a way to document what I’ve explored, especially in trading and investing. But to be honest, I’m still figuring out how to structure things properly. The blog might feel a little messy, dull, or hard to navigate right now — I feel it too. So if you’ve landed here and have any suggestions, I’d really appreciate your thoughts on how I can improve.

      Also, I don’t have any social media connected to this blog yet — I’m still new to the blogging space and slowly finding my way.

      Thanks for dropping by. I hope you find something useful or relatable here, and if not — I’m still grateful you took the time. 😊

      Options Trading and Me

      I’m still new to investing — at least to what I’d call proper investing.

      Previously, my so-called “strategy” was really just guesswork. I’d buy well-known stocks or look at random share price charts, by buying when the price dropped a lot and avoiding anything at an all-time high. No real plan. No structure. Just instincts.

      That changed after I read a few books that opened my eyes to the many strategies out there — from capital gain plays to dividend-focused stocks to quant-style trading. Those books gave me a glimpse of what serious investing could look like, and that’s when I decided to treat this journey more seriously.

      I also had a nudge from a friend who encouraged me to dedicate some time to investing and trading outside of my full-time job. That’s how we ended up spending a few mornings each week in a Family Mart, digging into strategies and trying to build a portfolio from scratch.

      We didn’t manage to finish that portfolio — at least not the way we initially planned. Instead, we decided to get a head start by trying K2Robot trading by ChartNexus on the Tiger platform. It was a faster way to get our feet wet while continuing to learn. Each of us invested about 10k MYR (total up 4,6k USD into Tiger Plarform for a start in Mar2025).

      Then came the Outlook 2025 event by Piranha Profits. I joined mainly because my friend invited me, but I left with a whole new level of motivation. One speaker in particular really caught my attention — a Vietnamese options trader who shared his story of going from extreme hardship after the war to becoming a multi-million-dollar options trader. His story, along with the appeal of high leverage in options trading compared to stocks, inspired me to sign up for an options trading course. I paid about USD 1,8k for the course and the journey started.

      I’ll be honest — I couldn’t wait to start. Even before finishing the course, I jumped into options trading and made my first few trades. With the help of the learning materials available in Moomoo Trading App, I started to get a better grasp of how options trading works and began to understand a few key strategies. Slowly, things started to click — from basic calls and puts to more structured strategies, like vertical spread a start.

      In my next post, I’ll share the details of the first three options contracts I bought [My First 3 Options Trade] — and how they turned out.

      My First Steps into the World of Trading and Investment

      Why I Started This Journey

      As a full-time employee working in a bank, time and energy are often in short supply. Yet, I’ve always felt the need to explore new ways to generate a second source of income. With the rising cost of living and inflation impacting daily life, simply adjusting my lifestyle to cope is not an option I’m willing to consider.

      For years, I’ve wanted to embark on this trading and investment journey, but something always held me back. Recently, I realized that delaying this any further would only mean missing out on opportunities to secure a better financial future. With determination and a desire to take control of my financial goals, I decided it was time to start—no matter the constraints.

      What I’ve Explored So Far

      Balancing work and learning hasn’t been easy, but I’ve made progress by diving into various resources to build my foundation. Here’s what I’ve explored:

      1. Books: I’ve read several books that teach the basics of investment and trading, offering a variety of strategies shared by different authors. These have been invaluable for understanding the fundamentals and developing a structured approach.
      2. Free Talks and Webinars: While the information shared is often limited and geared towards convincing attendees to enroll in paid courses or follow specific strategies, they can still be valuable. For me, I join these sessions to pick up new ideas or identify areas I might not know about and then dive deeper through self-study.
      3. Paid Courses: To take things a step further, I’ve invested in paid courses. These programs provide in-depth knowledge on various topics.

      Each resource has been a stepping stone, helping me build the skills to navigate this new territory.

      My Current Experiments

      Learning by doing has been a crucial part of my journey. Here’s what I’ve started experimenting with:

      • Tiger Platform Paid Bot: I’ve subscribed to a paid bot on the Tiger platform since Mar 2024, which automates trading strategies. This allows me to observe how these strategies play out in real time and learn from their performance.
        Check this out from my trading bot post!!
      • Strategy Testing on MooMoo: I’ve also begun testing strategies I learnt on the MooMoo platform since Jun 2024. Applying what I’ve learned in real market conditions helps me understand both the strengths and limitations of different approaches.

      What’s Coming Next

      This blog is the beginning of a journey I’m eager to share. In future posts, I’ll document everything I learn—from insights gained through books and courses to the successes and failures of my hands-on experiments. My aim is to create a realistic picture of what it’s like to pursue trading and investing as a busy full-time employee.

      If you’re also navigating similar challenges or thinking about starting your own journey, let’s connect. Together, we can learn, grow, and find ways to achieve financial independence. Stay tuned for more updates in the coming posts!