[ATTACH] Another rough week, but overall still ok. Came into the week thinking business as usual and sold another put when my 4765 put was...
[ATTACH] Good week to close out the year. From May 14 to end of the year, returned about 10.5% with a lower volatility than a 50/50 diversified...
Western capitalism is a tier-based system like every other society in human existence, but its defining feature is that capital is used as the...
[ATTACH] We have basically been rangebound for the last half of the year if you are referring to a diversified global portfolio of financial...
[ATTACH] Still going through all of the datapoints and catching up on my reading, but I'm turning more bearish for 2022 and 2023. Baseline is...
[ATTACH] Back on track as I thought. The benchmark is acting strangely, at first I thought it wasn't including dividends, but I manually checked...
[ATTACH] Rough week, but looks worse than it is. We are right on the cusp where I would turn this into a covered strangle vs a covered call so...
[ATTACH] Not a good look that I say all that in my previous post and then we have the worst Black Friday for the markets for as long as I can...
[ATTACH] We are undergoing the typical end of year rally. I get it, inflation is out of control plus the usual geopolitical tensions/covid 6th...
[ATTACH] Going good. Paying off my rentals and converting it into a heloc for more flexibility. Gonna do what I discussed a few pages back...
Not much to update when the markets are calm like this. Just keep rolling over the short puts. Thesis remains the same that we rally into year...
For me, props make sense if it allows you to trade bigger than you would be able to otherwise. For my trading style extra leverage by itself is...
From my experience (not an expert by any means), there seems to be different "tiers" of prop firms. The lowest ones are like earn2trade and all...
It depends on what kind of situation you are in when you come in. Do you have a track record or capital to put up? Props like SMB or T3 will...
The drawdown protection comes from my conservative position sizing. This is probably true of all strategies--it's all about the position sizing.
I absolutely agree with you that income is an illusion. What we really mean when we say income is a portfolio exhibiting low enough volatility so...
Saw a post on reddit where the OP wanted to know how much returns were reasonable for an option selling portfolio if the goal is current income....
Full steam ahead, above previous ath, sold the 4420 put exp Mon and 4455 put exp Wed. Up around 3k for Sep and Oct and hoping to hit 10k profit...
My covered calls expired worthless again. Sold the Fri 4395 calls for 13. New b/e is 4377. Went back through my numbers and realized I made a...
Maslow's hierarchy of needs. Except due to our entire modern culture being commercialized (and I say this as a trader so I get the hypocrisy),...
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