$500 account compounding guide:
Aim for trades that have quick 20% scalp upside. (Ex: .24 + 20% =0.28 or .65-.78)
In $SPY these come easily.
But in regular names they come just as easy on the correct side.
1 -3cons (build or scalp) don’t size right away. “ if trade takes off lock in”
20% on $500 is $100 profit this part is done in 2 trades with 1-2contracts if executed correctly.
Trade size is based on your confidence not someone else’s. So if im confident with 5 cons you should be still trading 1-2. Because im ok with trade going against doesn’t mean you are.
Trading ATM brings 20% the fastest vs OTM.
NOT MANY UNDERSTAND VALUE IN ATM(at the money) strikes. I do it’s why I win more than lose on a trade.
You’ll see me move down a strike because I was early and when I take the safer it works best. Safer ATM is better than risky OTM!
- #SPTPGUIDE
Grant Cardone says buying a house with all cash is ridiculous.
His move? If you handed him a $700,000 house, he would sell it for 600 that same day, take the 600, and buy 2.4 million dollars in real estate that pays itself off over 30 years.
Lot of numbers. But let's get clear on the original offer.
The offer was $700,000 to buy a house. Selling it for 600 the same day is a $100,000 loss for no reason.
Here is what I would do instead.
Buy the house for 700. Then put debt on it, maybe 500 grand through a cash-out refinance, which is tax-free.
Now I still own the house. I throw a renter in it. I pulled 500 grand out tax-free. And I use that to lever up and do it again, and again, and again.
Same game he is playing. I just keep the house and skip the 100 thousand dollar loss.
He has a lot of good points here. The first move was just a little off.
@dmocaliboi11@ScottKacsmar@Detrakz1 bro if i find something to your question u just diminish it and move the goal post.. this aint going nowhere. Im over this
@dmocaliboi11@ScottKacsmar@Detrakz1 Nigga nobody had a consistent teammate for their entire career except the damn spurs lol. thas a dumbass question to answer.
@dmocaliboi11@ScottKacsmar@Detrakz1 And this is why iverson is overrated lol. Yall go to 1 season 1 playoff run.. cause thas all he has😭😭. ERASE 2001. Why he aint help no other team he was on?
@dmocaliboi11@ScottKacsmar@Detrakz1 Why do u keep bringing up steph? Steph curry isnt a ball hog. Steph is known for his off ball movement.
I told u mutombo. And he also had melo.
U keep going to 1 incident with people trying to diminish his teammates lol. The nigga had help. Stop
@dmocaliboi11@ScottKacsmar@Detrakz1 steph can move without the ball. and STEPH… IS EFFICIENT!!!😭.
Okay take out his 2001 season… WHAT HAS AI REALLY DONE? if hes so high ALLTIME. PLEASE tell me what has he done outside 2001 season.
@dmocaliboi11@ScottKacsmar@Detrakz1 What does another teammate have to do with chucking up shot inefficiently?
bro was just a ball hog. That 2001 team had 3 all stars but 1 got injured theo ratliff
1 dpoy and 6moty
And when bro DID have teammates that could.. he never got out the first round. So stop