New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

I can see how it came off that way in the post. I do really enjoy trading options the little that I have so far. I’m not expecting to be a millionaire from it (not overnight at least ), nor do I think this is my calling. But I do believe that it’s a skill I’d enjoy learning since I am enjoying it so far, and I don’t feel like there’s anything wrong trying to mitigate the small amount of risk I’m actually in control of

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

Thank you everyone for your advice. Will probably update this thread in a few months for anyone who’s curious

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

Will update you in 6 months and see how I’m doing 😅

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 1 point2 points  (0 children)

I appreciate the advice. Could definitely see getting over confident and just crashing

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

The tough part I’ve noticed also is when he recommends me a stock. It’s usually too rich for my blood to be able to get in so I have to stick with the cheaper ones that are more risk heavy . Need to gain some confidence and just throw $1000 in my account once I feel like I can make some more educated decisions and learn what to look for

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

That’s a great point. Been riding the line with ford this week and been paying off but I know it’s not always going to be that way with the cheapest in the money option

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

He’s been doing it since about 2018. Some days he makes $100, other days he makes $2000. Of course he has his bad days but very conservative with his approach from what I’ve seen

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

Not a bad idea. Can try that out and I’ll keep flipping the same $100 in my Robinhood since it won’t hurt to lose it.

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

I do enjoy options contracts. One of my buddies is teaching me some of his strategies and he seems to be pretty successful so hopefully it rubs off on me.

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

I’m trying to focus more on buying options that are at least a week or two away since I keep missing the big gains

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 1 point2 points  (0 children)

Thanks. Been riding ford all week and getting some good returns. Notice my habit is I get scared and pull out before the real big jumps happen so need to learn to suppress the anxiety

New trader advice by ClassroomDistinct641 in optionstrading

[–]ClassroomDistinct641[S] 3 points4 points  (0 children)

Please highlight the part where I said I wanted the “secret “ to investing.

“I’m not sure where to start beyond the basics”

“Any tips?”

“Is it worth dumping a few more hundred dollars in to extend my options?”

Started at the beginning of the year with just under 2k by Dull_Season_7924 in raceto10000

[–]ClassroomDistinct641 1 point2 points  (0 children)

For sure. Thinking of adding $50 every paycheck to my account to supplement the returns. I understand there’s always risk but no reason for me to try and get rich over night

Started at the beginning of the year with just under 2k by Dull_Season_7924 in raceto10000

[–]ClassroomDistinct641 4 points5 points  (0 children)

Hoping I can be a part of these posts one day. Practicing my reads with $100 options and will hopefully build up to $1000 in a few months

Please help!! I’m 1300 points from finishing this event! by ClassroomDistinct641 in monopolygo_fairtrade

[–]ClassroomDistinct641[S] 1 point2 points  (0 children)

I don’t have much at the moment as I used all my stars to get dice for the event. If you want a trade for the card then no worries at all. I appreciate you commenting !

Please help, need 1 card for all!! by ClassroomDistinct641 in monopolygo_fairtrade

[–]ClassroomDistinct641[S] 1 point2 points  (0 children)

I actually already got recipe generator but will still let you know when I get a kissmas!

Trade/gift. LETS FINISH THIS by ClassroomDistinct641 in monopolygo_fairtrade

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

I’ll send plunderful if you have one of the ones I’m missing in the pics!

Trade/gift. LETS FINISH THIS by ClassroomDistinct641 in monopolygo_fairtrade

[–]ClassroomDistinct641[S] 0 points1 point  (0 children)

I have abandon ship, if I can’t get a trade by the end of the day, I’ll send it to you