💀RIGGED Rules
The first rule of RIGGED AI is thou shall not take every alert as soon as it's received. Unless you have balls of adamantium and can hodl through hell.
Welcome to RIGGED AI.
We hope you enjoy your stay.
Our system is designed to help you PROFIT when Wall Street wins. Sometimes they win, sometimes they don't
You should read EVERYTHING on the docs if you want to accelerate your learning.
1.) ALERT DOES NOT EQUAL INSTANT TRADE
❌ DO NOT TAKE EVERY ALERT
RIGGED AI alerts are sent when the algorithm detect large option sweeps from Wall Street.
Sometimes Wall Street wins immediately.
Sometimes Wall Street gets crushed (by a bigger lizard).
Markets are PVP.
Let's use 12/6/23 on QQQ for example:
10:51 - 246 BULL BOMB - PS -0.58 - V: 106.03%
This alert is a complete loser. The max gain is only +21.89% and ends up closing at 0.01.
11:02 - 252 BEAR BOMB - PS -0.14 - V: 108.14%
This trade is a winner returning +232.21% if you bought at the time of the alert and did nothing until the end of the session.
2.) ALWAYS LOOK FOR A BETTER ENTRY
Sometimes you can trade an alert immediately and it CRUSHES pumping straight to 100%. These alerts and days are rare. They seem to happen more frequently when volume is above 100%.
MOST OF THE TIME... you can search for a better entry.
Here's an example from 12/18/23 on the QQQ
The BULL BOMB fires at 9:36, but then price starts to come down.
If you waited you could have gotten in the 405c and made 300%+.
PATIENCE.
Basic strategy:
The lizards will often trigger a RIGD Alert at the strike price.
If we wait, we can often get a better entry price.
Basic strategy:
Look for puts and calls slightly out of the money.
Ex: SPY 450p - you may want to enter when SPY is 450.20+
Ex: QQQ 405c - you may want to enter when QQQ is 404.70
Under this strategy you will make A LOT MORE if price moves in your direction.
You will also lose A LITTLE LESS than if you bought the option at the money.
Advanced mode:
Under high volume and the market is trending (up or down), we can take the alert immediately and then look to add to our position on any drops.
There are times when this happens and can be incredibly profitable.
3.) EXIT AT THE STRIKE PRICES (OR BE PREPARED / SCARED)
Strike prices (even dollar values) are the only thing that matter in 0DTE.
What happens at the strike will depend if you're going to be extremely rich or extremely poor depending on the side you're on (puts or calls).
If we are trading calls, we do not enter the hope phase (that we're going to get 100%+) until price is 40 cents higher than our strike.
Ex: 10:57: We buy 100x QQQ 408c for 0.84 per contract
11:12: QQQ has moved up spot is 408.12 and the contracts are 0.99
At this time we are terribly afraid that price will nuke below 408 and we will lose the 18% in gains we're currently holding.
There are a few options here:
1.) Set a trailing stop loss
If you are happy with 18%, you can set a trailing stop loss to 0.01 or 0.02 and if price nukes you will get out with some profit.
2.) Set a stop loss limit order
If we set a stop loss limit order for 0.90, we can buy some "protection" in case price nukes.
Using a stop loss limit order we would only make 7.12% if price nukes, but we wouldn't lose any money.
Ultimately it's up to the trader to decide what strategy for taking profit works best with their style and how much risk they can handle.
For us we like to risk 30% for 100%+.
Not everyone can do this. We don't recommend it.
Noob 0DTE people: If you are new to this world, first a warm welcome.
You are not prepared to trade size you are not prepared for how your life is going to be changed completely after this.
When you first start, the ONLY thing you should be trying to do is going green. Not losing money.
This will result in closing many positions early.
That's okay.
Learning how to trade options never ends, do not lose money when you're first learning.
It takes at least 3+ months to become familiar with the RIGD AI system.
4.) NEVER STEP IN FRONT OF THE TRAIN
If price is going parabolic to the upside we call it a hulk.
If price is nose diving straight to hell, we call it a nuke. If you see either of these happening, do not try and be early to the reversal.
You are better off chasing the move than trying to be superman and stepping in front of the hulk or the nuke.
It can be highly profitable to catch the reversal or even the rally, but you should not try and do it until we are 3.5 - 4 strikes above or below the blue line.
Even then highly dangerous.
Last updated
