How to Setup a 0-DTE Batman on Thinkorswim

In this 40-minute video, Coach Ernie shares his strategy for trading with the out-of-the-money butterfly, the Batman, and the classic fly. The video covers the easiest way to enter the trade, why technical analysis is not important, and the key to taking profits. Coach also discusses unbalanced flies, overnight price action of the ES, and going 40 wide with wings. Join coach Ernie's trading service for a 4-week trial to learn how to become a consistently profitable, independent, and professional-level trader.
Timestamp:
0:00 - Introduction
0:34 - Overview of trading strategy
5:38 - The easiest way to enter the trade
8:46 - Why technical analysis is not important
11:56 - Key to taking profits
14:53 - Discussion on unbalanced flies
18:30 - Overnight price action of the ES
20:43 - Going 40 wide with wings
23:28 - Discussion on market conditions
25:23 - Importance of process in trading
28:08 - Joining the expert's trading service
31:56 - Recap of trading strategy
35:31 - Importance of being a professional-level trader
38:05 - Final thoughts and closing
Try out the 0-DTE Options Service
0-dte.com/try
Check the performance of our 0-DTE service
0-dte.com/tradelog
Check out the 0-DTE Podcast
0-dte.com/podcast
*This is an educational service, not financial advice. Our goal is to turn you into a professional trader through coaching, mentoring, and a powerful strategy, methods, and continuous improvement process.