Hello Traders,
I had quite a week! Hope you enjoyed too.
One safe SPY 0.00%↑ option play was posted exclusively for paid subscribers.
Proving yet another time that LESS is MORE!
Don’t become a frequent trader. Be a PROFITABLE trader. At the end, that’s what matters.
If you take many trades, remember the law of average will take over and you will be back to square one. In the world of probabilities, you need to WAIT till the time the probability of outcome is in favor of you. When you see that bring your risk money to the table.
And, don’t be greedy. SPY 0.00%↑ $475C Expiry 1/19 initiated on 1/18 went to 700% + but I was out with 200%+ profit and closed position on 1/18.
Why? because anything could have happened overnight and I could have lost all the profit. Where in the world one can make 200%+ profit in couple of hours?
Keeping the principal money & profit safe is important. It’s called Risk management and discipline.
I have been following the below steps on my Trading journey.
First step - protect my capital and generate risk money by getting > 5% APY
Second step - Be disciplined and apply solid risk management on the money that I apply for the trading.
I have documented 25 simple ways to save/make/hedge money which I have been using and affiliated with. If interested, check this PDF document by downloading from here.
As promised earlier, I have added 25th to the list with an awesome deal offering 8% APY on cash. I can’t think of any reason why will you not download the PDF to check it out.
In this document, I have also shown how to get my paid posts for free.
My DMs are open for your questions on X, StockTwits and Threads. Follow me there and keep notifications ON. I don’t post irrelevant content.
Now let’s discuss more on SPY -0.09%↓ $SPX #ES_F TSLA 0.00%↑ AAPL 0.17%↑ COIN 0.00%↑
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