This is a sandbox dummy site. See note below.
WeeklyPaycheck.trade
A Rules Based Trading System
Learn to
Systematically and Consistently
earn weekly income.
Note: I am a successful options trader. I make money trading stock options. This is currently a sandbox dummy holding site. This is a place for me to keep my trading strategies and notes. It will constantly evolve as my trading evolves. My old retired strategies are public. My current bread and butter strategies and backtesting are not public, but you can probably figure them out 😉
Trading Strategies
The two main trading strategies that are used are SPX 0 Days ’til Expiration (0-DTE) trades performed up to 5 days a week and trading Weekly Credit Spreads on selected stocks only once a week.
Weekly Returns
The goal is to generate consistent income through education on various trading strategies.
Trade Alerts
Absolutely None. This is a club for traders to learn and trade different strategies. This is not a scam site to promise that you will make easy money. Trading takes education, skill, and hard work.
Trade Alerts
None, but you may see what others are trading the private Discord group that you will have access to when you become an exclusive member.
Trading Strategies
Various strategies and studies can be found in the strategies section(s), educational modules on this site, or as discussed in the Discord Group. The 2 trading strategies that I currently use are Weekly Credit Spread trades on selected stocks and SPX 0 DTE trades. If you don’t know what SPX 0DTE trades are, click the Learn More button.
Returns
A running log of trades showing various return metrics will be posted in the Discord group with the hope that others will post theirs as well.
Before you consider joining this club you must understand how to trade credit Options.
This group assumes you know what options are and how to trade them. If you do not know the basics of how credit options work, you will be totally lost in regard to how this group trades. It is STRONGLY suggested you take the FREE Beginner Options Course that TastyLive teaches.
* Let’s work together to learn for a lifetime of profitability.
Traders come from all walks of life and backgrounds. The goal of this site is to be a group of traders for traders that learn from each other and help each other. It is to be a positive educational environment where everyone can learn from each other and perfect their skills. The aim is to provide a more professional trading club environment than what you can find in the free online social groups.
Club Membership is limited to keep things on a more personal level with like-minded individuals who are respectful towards each other, have the same goals, are open-minded, help each other, and have similar trading styles. The member limitation helps to focus on trading concepts and to include those who are actually serious about trading and making money. It is the belief that paying for membership will lead to more thoughtful input and interaction from members and keep out the trolls who do not take responsibility for their own risks and trades. Membership is limited to only 100 people from across the globe.
- Club Membership is limited to keep things on a more personal level with like-minded individuals who are respectful towards each other, have the same goals, are open-minded, help each other, and have similar trading styles.