@womenoptionswin@realpeteyb123 I’ll give you 15 years. Dot com and financial crashes were not V shaped. Group think that every crash will be V shaped is precisely why one of them won’t be imo. Who knows when, but one day we’ll have a true bear market again. Until then, keep making $$!
@ramit Ugh, half your posts are simply trolling disguised as education. Traders have a low probability of success. So do writers. Be smart and treat any failure as a learning experience. It can be life changing if you make it work.
Made a 46% return the last 26 weeks simply selling spreads on SPY. No fundamentals or company analysis. Just selling spreads 30-35 DTE every week on the SP500. $1000/contract needed for 5-6 weeks. Only need a $6k to start and can scale up every $6k earned.
#optionselling
Never understood the appeal of CSPs. Are you hoping to get assigned shares at a lower price or are you hoping for the stock to stay flat or go up to collect all the premium? Just buy the shares and sell a CC. Hedged if it drops and extra gains if it goes up.
#OptionsTrading
If your options strategy is only profitable when the market goes up, you need to have a backup plan before quitting your job. After the dot com bubble, the market took 13 years to reach its high again. Develop a plan for a sustained downtrend now!
#options#OptionsTrading
@womenoptionswin You are clearly a good trader that has generated a lot of wealth. I think most will agree with that. Getting 100% in a year is impressive.
@womenoptionswin I feel most angst towards you revolves around your promises for extremely high returns. Novice/Undereducated traders will of course flock to someone who promises such things, which makes seasoned traders question your motives. Nothing is guaranteed in the stock market.
@elonmusk@DOGE My step father is been in limbo for 2 years trying to get military disability he’s owed. Payments were stopped due to theft on the government’s side (his lawyer was skimming payments) and all payments have been frozen since. The dated computers are being blamed.
@1978_ablvs@WealthCoachMak He does a great job setting realistic expectations. You could have simply looked at his previous posts before jumping all over him. Do better.
@WealthCoachMak Exactly! This is why low capital accounts should only sell spreads on indexes IMO. Way less volatility. Allows time to exit trades before they get out of hand if you can’t cover the collateral.
@WealthCoachMak But I’ve been able to do it the last 2 years. Pay me money so I can teach you how. Don’t look at the fact the sp500 had 20%+ returns during that time period. It means nothing.
@womenoptionswin Your annual return is incredible, but I believe most of the hate stems from claiming this can consistently happen yoy. Great years happen, but have your returns been consistent over the last 5/10/20 years? 1 year charts are great, but longevity is key.