Hi, Iβm Mel. π
I just traded my corporate title for "Full-Time SAHM".
But Iβm not just managing the household, Iβm managing a portfolio. My goal is to generate $25,000/yr in supplemental income through options. ππ
I don't gamble on short term call options. Iβm a premium seller at heart.
My core strategies:
β’ The Wheel (CSP/ CC)
β’ Poor Man's Covered Call
β’ Credit Spreads & Iron Condors
β’ Risk management > Everything else
This account is my raw, unfiltered journal. Iβll be posting my weekly/monthly P&L, my mistakes (there will be many), and the reality of trading while juggling kids' school schedules, prepping home cooked meals and sticking to my workout regime.
If youβre a parent, a trader or just building a side income... letβs connect. π€
Follow along to see if I hit the $25k goal this year! π
@DividendMil I totally agree with you. And I seriously don't know how to explain to my kid the reason why they need to learn trigo in school. I can't tell them that the only reason is just so they can pass their exam.
The most expensive word in trading? "HOPE"
In a business, a "bad employee" is a drain on the team.
In trading, a "bad position" is a drain on your capital and your mental bandwidth.
Most traders fail because they get emotionally attached to their losers.
Adding more, rolling for "free", and refusing to admit the market's story has changed.
The Reality Check:
- Attachment is a cost.
- Hope is not a strategy.
- Efficiency is the goal.
I trade a business, not a diary.