I am sure you are excited and look forward to the day you wake up and know you got nothing else on your mind but how to trade. I wish you much success in your endeavor.
Yeah still doing radio, just missed the past two weeks due to attending to mommie to be. Should be back on this Monday. Been trying to finalize sponsorship deal with Thinkorswim but those guys are always working lol. Looking forward to trading from home HQ! Frickin work kept getting in the way
Not to get too far O.T. but I was just wondering what kind of outfit you're planning on running. Little home based IA, MM, FP, or something?
Basically I will work out of home and the two accounts I manage have my money intertwined with it and some silent partners so I can manage and trade everything without registering or formalizing a fund (apart from Series 7 for prop). Makes it nice and simple and neat. For example, if you and Rally pooled your money and he managed it, it would not be a formal fund or require registered advisor licenses. I did that with a few people to keep it informal and small while pooling money.
JUNE POSITIONS Sold 225 SPX JUN 1140/1160 Put Spreads @ $0.75 Sold 225 SPX JUN 1330/1350 Call Spreads @ $0.15 Credit = $20,250 Risk = $429,750 Return = 4.71% + 200 SPY JUN $133 Calls @ $0.05 for $1,000
Coach good to hear the news. I got some comfort in knowing lot of people thinking this way. I did the same thing on Dec 2005.I quit my job and started on this great journey.My house is paid off and i have enough money in interest bearing fund(overseas) to take care off monthly expenses.I started a C-corp with a partner and am managing the trades. I am 32 and i hope by the time i am 35, i will be financially very well off. Anyways, i want thank you for giving courage and sharing knowledge.lets change the world one person at a time...
What a novel idea! LOL Already havea couple silent partners, sorry Rally. Coach, Do you operate under and LLC?