Hello Traders,
Last week we saw the madness of FOMC when SPY 0.00%↑ went down and then Earnings from Big Tech which took SPY 0.00%↑ higher.
In my last post, I warned about the volatility which came true.
During the week, I posted one safe play and it was profitable.
SPY 0.00%↑ $495C option went in the money on Friday as well.
I noticed many new traders joining this Substack.
I will re-iterate: Don’t become a frequent trader. Be a PROFITABLE trader.
Keep the principal money & profits safe. Have Risk management and discipline at all times.
First step - Protect capital. Generate risk money by getting > 5% APY
Second step - Be disciplined and apply solid risk management on the risk money when applied for short term trading purposes.
Remember, FOMO and Greed kill accounts.
I have documented 25 simple ways to save/make/hedge money. I have been using and affiliated with them for long time. Have a look at Money Matter$ PDF document. Link is here.
My widely read Substack is priced very low becasue I make money from my own trading. I don’t have to rely on sub money like many FinTwit furus.
In Money Matter$ document, I have also explained how to get my paid posts for free.
You are encouraged to join as a paid subscriber if you are still on sideline. There is nothing to lose. One week free trial is activated on monthly subscription.
Let me know what information are you looking for. My DMs are open for your questions on X, StockTwits and Threads.
I genuinely appreciate your support.
I post my S&P500 Futures #ES_F positions live on X. Follow me and keep notifications ON, if you think that’s useful information to you.
Now let’s discuss more on SPY -0.09%↓ $SPX #ES_F TSLA 0.00%↑ AAPL 0.17%↑ COIN 0.00%↑
Keep reading with a 7-day free trial
Subscribe to Vik’s Opinion to keep reading this post and get 7 days of free access to the full post archives.