Recent Content by SoCal1Trader

  1. Retired, 450k fun money, lets see what happens - SPY Options

    We haven't heard from him for more than a year. Hope he's doing fine.
    Post by: SoCal1Trader, Jun 29, 2022 in forum: Journals

  2. Big name investor predicts the crypto market

    To be honest, Michael Burry is NOT a big name investor. He just happens to be a guy that made a name of himself being far too early (which means...
    Post by: SoCal1Trader, Jun 20, 2021 in forum: Crypto Assets

  3. What's a decent max profit for a credit spread?

    yeah I think he meant $0.15/per share. That's peanuts for a credit spread with that many days out.
    Post by: SoCal1Trader, Jun 20, 2021 in forum: Options

  4. Earning interest on cryptos

    What if they go under? What's your recourse? Counterparty risk
    Post by: SoCal1Trader, Jun 1, 2021 in forum: Crypto Assets
  5. SoCal1Trader
    Profile Post

    Rule #1: Preservation of Capital. Rule #2: Don't forget Rule #1.

    Rule #1: Preservation of Capital. Rule #2: Don't forget Rule #1.
    Status Update by SoCal1Trader, Jun 1, 2021
  6. SoCal1Trader
    Profile Post

    Rule #1: Preservation of Capital. Rule #2, Don't forget Rule #1.

    Rule #1: Preservation of Capital. Rule #2, Don't forget Rule #1.
    Status Update by SoCal1Trader, Jun 1, 2021

  7. Is Bitcoin the MySpace Of Crypto?

    I'm sold out of bitcoin completely and bought into Ethereum.
    Post by: SoCal1Trader, May 31, 2021 in forum: Crypto Assets

  8. Retired, 450k fun money, lets see what happens - SPY Options

    I think that by running these weekly if market crashes you'll be able to exit in time.
    Post by: SoCal1Trader, May 31, 2021 in forum: Journals

  9. Advice on how to make 5%/month on $1 million

    Heard from a chatroom operator that he has a 99% winning % in daytrading over 20 years. Full of crock!
    Post by: SoCal1Trader, May 30, 2021 in forum: Trading

  10. Advice on how to make 5%/month on $1 million

    It can be done via options trading but you'll have to spend a lot of time managing your positions.
    Post by: SoCal1Trader, May 29, 2021 in forum: Trading

  11. Retired, 450k fun money, lets see what happens - SPY Options

    How about wheeling IWM options?
    Post by: SoCal1Trader, May 28, 2021 in forum: Journals

  12. Carl Icahn Says He May Get Into Cryptocurrencies in a ‘Big Way’

    I bet he's already into Ethereum. Maybe some Bitcoin. I for one have jumped into Ethereum.
    Post by: SoCal1Trader, May 27, 2021 in forum: Crypto Assets

  13. Nearly 10,000 cryptos now, but only ~35 are seeing any action??

    I'm buying ETH and ETHE when it falls another 50%.
    Post by: SoCal1Trader, May 23, 2021 in forum: Crypto Assets
  14. SoCal1Trader
    Profile Post

    Rule #1: Preservation of Capital. I am a retired individual investor living in Southern...

    Rule #1: Preservation of Capital. I am a retired individual investor living in Southern California with a seven-figure portfolio.
    Status Update by SoCal1Trader, May 20, 2021

  15. Nearly 10,000 cryptos now, but only ~35 are seeing any action??

    If anything comes out of this nutty asset class, I'd bet 1% of my liquid net worth only on the two top cryptos, namely bitcoin and ethereum.
    Post by: SoCal1Trader, May 20, 2021 in forum: Crypto Assets