helping the wife out at the new house today. glad i let my tv alerts do the heavy lifting this quarter
Wanted to share my PnL for the last quarter since I hit a nice milestone. Up $2.24M. And yes, I know it is a Robinhood screenshot. My main retirement money is safe in Fidelity; this is just my aggressive swing account.
Whenever people see 100%+ returns, they immediately assume it is zero-day options or gambling on earnings. It really is not. Market volatility has been high lately, so I have just been compounding smaller swings on SPY and big tech. I literally only take maybe 8 to 10 setups a month.
My setup is basic SMC, zero indicators. I look for a long wick on the 4H chart. When price pulls back into that zone, I drop to the 15m. I do not jump in blind—I wait for price to sweep a recent low to take out retail stops. Once it aggressively snaps back up and breaks structure, it leaves a gap (FVG). I simply set a limit order right at that gap, place my stop, and close the app.
The reason most traders still blow up their accounts trying this is zero patience and terrible risk math. They take one normal loss, panic, and change strategies. I strictly use a 3:1 risk/reward. If my target is 15%, my stop is 5%. With a 3:1 ratio, you can be wrong over half the time and still print money. Those little dips you see on my chart? Those are just clean 5% losses. It is simply the cost of doing business before the next run.
Stop overcomplicating it. Wait for the sweep, bid the gap, respect your stop, and let the math play out. Good luck out there.