Using PS to trade 0DTE and actually win????

PS is the most useful indicator ever created in the history of the financial industry. No we are not biased.

Hello frosty friends!

We’re backkkkkkkkkkkkkkkkkkk.

We launched the RIGD beta in September where absolutely nothing happened and most of the alerts were shit, then we got extreme volatility in October with massive downside moves, then JPow slanged his thang on the rate pause button which has pumped markets back to infinity erasing a month of selling in a mere four trading days.

We’ve laughed, we’ve cried, we’ve had one too many maithais and are excited to share what the development team has cooked up for you.

INTRODUCING PS - aka POSITION SCORE

Yes, your favorite degenerate trading system has created yet another new metric that actually makes trading 0DTE a lot easier and much more winnable.

And unlike all of those other apps and furus out there… we actually use the RIGD system and trade 0dte every day.

this was slightly degenerate as PS was negative but we like action

What is it?

PS is a combination of the open price, high of the day, low of the day all mixed with a bit of magic.

Positive PS = price has moved higher

Negative PS = priced has moved lower

Also it’s probably the most useful thing ever created in the history of the financial industry.

It comes down to this… it’s very rare to see SPY or QQQ move up or down more than 5 or 6 strikes (dollar values) in one trading session. Last example was on Friday October 6.

The majority of the time (aka every day this week) we get a move up, a move down, and then a move back up.

today was a good ole up, down, uppppppp

Think of it this way…

SPY opens at $420 and by noon it moves to $424. RIGD sends a BULL BOMB alert.

Certainly you can take it and it’s possible we go straight to the moon but there’s a lot more risk. 

That’s where PS comes in!

Just remember…

Negative PS = good for BULLS

Positive PS = good for BEARS

How to make money using PS:

During the OPEN SESSION (first hour) the preferred value is anywhere in the range from -1 to 1.

This is the zone you want to live in.

At the open we have no idea what direction the lizard people who run the stonk market are going to take us so we want neutral values.

Let’s look at Tuesday 11/7/23 on SPY.

We get four alerts during the open that all fall within the PS -1 to 1 range. Three bulls and one bear.

If you take every single trade because you’re opinion-less on market direction and just want to make money, you win 3 and lose 1. 

A 75% win rate is phenomenal not including returns… but this is even better considering the winning trades returned max gains of 183.10%, 226.67% and 187.26%.

You buy the 639 BULL BOMB and walk away from the computer and you returned 116.79% at the end of the day.

That’s tasty!

Okay you’ve got the open strategy -1 to 1, but now let’s talk about the middle.

MIDDLE PS trading strategy:

In the middle we expand the preferred range to -2 to 2 and can trade -4 to 4 with extreme caution.

From -2 to 2 either side can work, who knows what the lizards have in store for the market.

Let’s go back to the alerts from Tuesday.

It’s bull bomb after bull bomb, the 2504 score was something like a few million dollars in calls being bought.

However PS was +3 for all of them which tells you we’ve moved up from the open price and the low of the day.

It could move higher, but there’s more RISK.

We always want to catch the move up or move down. A positive PS score here tells you that the MOVE UP has already happened.

While initially profitable none of them return over 100% (crap) and end up going straight to zero at the end of the day.

At 12:15 almost an hour after the last bull bomb, we get another alert.

PS is 1.4.

It means we’ve moved up from the open and low of the day, but down from the high.

It’s a good trade with a max gain of 90.77%!

Let’s look at the MIDDLE session from today on SPY…

We get two alerts where PS is just outside of our range of -2 to 2.

The 11:07 BEAR BOMB is PS -2.05 which means we have moved down, but that shouldn’t scare you off from a move even lower.

Take the trade survive the drawdown and you get 129.65% in an hour.

The next two trades fall right into the caution area -2 to -3. They both made money! This happens a lot!

But if you were feeling a bit double vaxxed beta and skipped them (we traded them), you get a BULL BOMB at 13:04 with PS -2.02.

This is like the perfect scenario… we’re down from the open, down from the high and off the low of the day.

Of course next the market did its thing it usually does at the end of the day with a massive veiny thicc and juicy hulk pump pushing the 436 call option to a 158.96% max gain or 92.15% return at the end of the day.

What’s better than that?

Nuffin.

THOUGHTS ON PS AND NEXT MOOOOOOVES

PS is a bit of a mean reversion strategy which is what we’ve seen so far in November.

Take BULLS at PS- and BEARS at PS+.

It was the opposite in October where moves down went lower and lower.

The range is a bit cut off here but -6 to -8 you won 90.91% of trades where win rate is a return > 100%

This is something that we’re constantly monitoring and when the preferred PS changes, we’ll automatically update your RIGD experience.

By default only alerts with preferred values will show.

Users can disable this feature at any time by sliding the degen mode button to on.

Yes… degen mode you will find some great trades.

But you will also lose A LOT MORE.

LOSING IS BAD.

We’re also not sure why you would do that when RIGD has results like this from November 1…

All of the PS values are -1 to 1 and each one of these trades absolutely ripppppps if you survived the start of the JPow presser.

Next moooooves…

We’re at a point now in the beta where we feel extremely confident in our framework for bringing you the best 0dte alerts on the planet.

Upcoming UI / UX changes will make it even easier to understand.

In the meantime:

Positive for Bears and Negative for Bulls

No math and relatively little thinking required…

If you’re tired of losing or just want to start winning… remember the stock market is RIGD.

Resistance is futile.

So why not…

Copytrade Wall Street and win when they win?

(btw they win a lot)

Join us at RIGD for $99/mo (degens only no crybabies allowed this is extremely risky stuff and performance is not guaranteed you will likely lose everything)

P.S. We have to update a lot of our docs but there are a ton of epic case studies on there on days where we (aka algo designed to copytrade wall street) absolutely killed it. 

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