Finally hit $5.86M. It is hard to talk about this kind of money with friends in real life without making things weird, so I am just sharing the excitement here.
Look at the screenshot. My Robinhood account is sitting at over $5.26M in all-time realized gains, an 873% return. This money completely blew past my original expectations. Plus, my wife just called and needs me to head over to our new house to sort some stuff out. I really feel like I have made enough, so it is time to finally say goodbye to the market.
I have always run two accounts. I keep my actual retirement money safe and sound in Fidelity. The 5 million in profit on this Robinhood account just snowballed from strictly following one basic compounding strategy.
People assume massive returns mean gambling on 0DTEs or earnings lottos. You really do not need to do that. I just trade swings on SPY and big tech, taking maybe seven or eight clean setups a month.
The setup is basic SMC, zero indicators. I look for a long wick on the 4H, drop to the 15m, and wait for retail stops to get swept. Once price snaps back, breaks structure, and leaves an FVG, I set a limit order at the gap, place my hard stop, and close the app.
Most retail traders fail because of terrible risk management and zero patience. I strictly hold to a 3:1 risk-reward ratio. You can be wrong half the time and still print money. If the trade goes against me, I take a clean 5% cut. It is just the cost of doing business.
Trading really is not that complicated. Respect your stops, trust the probabilities, and let the market handle the rest. Good luck out there. I am out.