I woke up super early suddenly. An idea struck me like lightning and there was no way I could stay in bed, let alone stay asleep. Let’s back up. This whole week has been red days on the stock market. I had a ton of put credit spreads open from last week – some I … Read more
When it comes to competitive nature, everyone is different. Some need to win at all cost. While others just want to have fun and winning doesn’t matter at all. In team games such as League of Legends, sometimes when a team is about to win, someone will put up a surrender vote. Obviously this makes … Read more
In the world of options trading, the Greek Theta represents the time value. You see, each option contract has an expiration date and based on factors such as price and volatility, the time also has value. As I study more about Theta decay, I think more about the value of time. How much is my … Read more
The stock market decided to take a dive at about 10:10 am this morning. The S&P dropped 1.0% over the next 40 minutes. DIA dropped 0.8%. And what I really care about was TSLA falling from the market open at $843.15 all the way down to $800.02. TSLA spent the rest of the day teetering … Read more
It’s worth taking time everyday preparing for the next day. You’ll be more focused and less prone to distractions. And with increased efficiency, you’ll save time. When it comes to trading, it’s good to take some time the evening before to scan for potential trades. Set rules for yourself so when market conditions appear you’ll … Read more
Whether it’s an options trade, a blog post, a YouTube video… sometimes they’re a flop. It doesn’t feel good when you don’t get the results you want. But it’s important to keep putting out content. If you can, try to learn from it. Find out what you can do better. Keep in mind who your … Read more
This is on my To-Do list. I need create a plan for trading. I need to define the strategy. What to look for; the conditions to determine when to enter the trade. Pick my trade sizes. Select my profit and stop loss targets. Figure out which platform to do all of this in. And then … Read more
Will you crumble under the pressure? Or rise to the challenge?
Fear, Uncertainty, and Doubt. When the high volatility swing pulls your stock investment down by 70%, what do you do? You know you should have had a stop loss and profit target when buying the stock. You know that there needs to be a catalyst to get the stock to move back up. You know … Read more
It’s now February and the weekend has largely splashed cold water over the burning fire that was GameStop. The weekend was filled with articles about how redditors have “moved on” from GME and now looking for the next great short squeeze. There was an incredible amount of info pushing retail investors towards the silver market. … Read more