est. expiry day
A comprehensive resource for traders who have achieved, or are rapidly approaching, the ultimate position size.
01
Insights handed down through generations of degenerate traders. Each one earned the hard way.
02
A permanent collection honoring portfolios lost in the line of duty. Donations accepted daily at market open.
2019 — 2019
$84,000
0DTE SPX calls"He bought the open. He held through lunch. He is no longer with us."
2021 — 2021
$230,000
GME puts"She was certain. She was early. She was wrong. Same thing."
2022 — 2022
$12,400
Naked calls"A small account with a big dream. The dream expired worthless. Unlike the pain."
2024 — 2024
$47,000
FOMC spreads"He knew the Fed announcement was at 2pm. He forgot the market moves at 1:58."
2023 — 2023
$9,200
Revenge trade"She lost $800 and needed it back immediately. She got it back immediately, and then some."
2025 — 2025
$310,000
Size escalation"He had a system. The system worked great at $5k. He saw no reason it wouldn't scale."
03
A serious, professional guide for the serious, professional trader. Follow every step carefully.
Wake up
Check futures. They are down. This is fine. Everything is fine. Make coffee. Check futures again. Still down. More coffee.
Status: aliveCheck the VIX
VIX is elevated. This means either buy puts or buy calls. You pick calls. Bold. Visionary, even.
Status: optimisticWait for your level
Price approaches your support level. It hesitates. You hesitate. It breaks through. You do not hesitate to buy more.
Status: averaging downSet your stop loss
Lol.
Status: no stop lossManage the position
It's down 60%. This is temporary. The market is wrong. You are right. You have been right before. Probably.
Status: bag holdingEnd of day
Your contracts expired worthless at 4:00pm EST. You have learned a valuable lesson about discipline, risk management, and the passage of time. See you tomorrow at step 1.
Status: size4zero04
A safe space to process what happened. We already know what happened. Tell us anyway.