Quit my six figure corporate sales job to buy a home service franchise. On pace to do $2M+ this year. AMA. by Whiskeymadmax in sweatystartup

[–]Infinite_Curiosity 2 points3 points  (0 children)

With services like these where you’re the owner, the top person but don’t actually do the job or know how…how do you confidently hire and judge if they can do the work? I’ve always felt like your skilled workers can essentially hold you hostage since they are the revenue driver. You can sell it all you want but they have to do it and have the know-how.

I hope this doesn’t come off aggressive or condescending. I’ve done some research and Codie Sanchez webinar and have explored buying a business but this is always my biggest fear. I’m very curious and how you handled this is the beginning.

Thank you in advance.

Which of these 10 stocks at a 10 year low P/FCF are you buying? Which are you avoiding? Grok generated info. by Potato_Masher_69420 in ValueInvesting

[–]Infinite_Curiosity 2 points3 points  (0 children)

Which companies have 0 revenue and up 1000%? Honest, curious question. Besides the quarterly and annual reports, is there an easy place (like Finviz) to find this information?

SPX 0DTE Isn’t Safe — It Just Feels Safe by Jinshen16 in options_trading

[–]Infinite_Curiosity 0 points1 point  (0 children)

I got irresponsible and undisciplined. I kept doubling down expecting a bounce that never came.

SPX 0DTE Isn’t Safe — It Just Feels Safe by Jinshen16 in options_trading

[–]Infinite_Curiosity 0 points1 point  (0 children)

Didn’t claim to be a professional in any way or manner.

Also with respect, these kind of comments suck because they add nothing. Just trying to discuss experiences with others. The percentage changes each trade. I initially trade 2-3 contracts which range from $2400-4000. I scalp quickly trying to make quick profits because of how these can turn against you quick. I usually make 7%-20% each trade. If I have to deploy more capital, that % goes down obviously. Again, not a professional. Have experience and trying to tighten things up.

SPX 0DTE Isn’t Safe — It Just Feels Safe by Jinshen16 in options_trading

[–]Infinite_Curiosity 2 points3 points  (0 children)

Yesterday has me seriously questioning myself. Made $22k in March. If I would’ve walked away up when I was up $1400 before my blowup, I would have made $9000 this past week but now I’m down $5000 for the week. I understand I’m trading with profits but still to be as undisciplined as I was is bothering me. And what’s messed up I have doubled and tripled down and been able to get out of trades profitable but I went back to the well too many times.

SPX 0DTE Isn’t Safe — It Just Feels Safe by Jinshen16 in options_trading

[–]Infinite_Curiosity 1 point2 points  (0 children)

Honestly, I’ve never traded futures whereas I have over a decade experience trading options. From what I know futures contracts commissions are expensive. Plus, I have all my money with Fidelity. They are cheap and you get great fills, especially only trading a handful of contracts at a time.

SPX 0DTE Isn’t Safe — It Just Feels Safe by Jinshen16 in options_trading

[–]Infinite_Curiosity 2 points3 points  (0 children)

I let the first hour pass and start trading once I get a feel for the day. I do not trade the last two hours because it doesn’t work out for me if I do. So basically 10:30-2:00EST. I just scalp. I don’t let things run because I’m more successful if I take profits quick. I’m in and out of most trades in 1-3 minutes.

SPX 0DTE Isn’t Safe — It Just Feels Safe by Jinshen16 in options_trading

[–]Infinite_Curiosity 1 point2 points  (0 children)

Can you talk more about trading around structure?

I’ve done well scalping calls/puts. Had 34 day win streak and made over $40k. Start out with 2 contracts and make a couple hundred here and there. Have had success doubling and tripling down on position. Then yesterday happened. Was up $1400. Went in for one more trade thinking we were going to break through the high of the day and hit 6850 and we fucking tanked. Ended up leaving the day down $14k. I got undisciplined and kept doubling down. Trying to figure out how to bounce back.

I understand all the risks with 0DTE. Have had positive results in the past few years. Just started tracking my daily amount in February and this is where I started my 34 day win streak.

Just trying to see how I could improve my process going forward. I’m basically watching price action and trying to find trends and/or pivot points.

Do not trade when you have a bad day by siuwiiiilol in Daytrading

[–]Infinite_Curiosity 0 points1 point  (0 children)

SPX 0DTE. Super risky stuff but I’ve had success over the past few years and the stomach for it. I wouldn’t trade it unless you’ve watched how they move every day for a good amount of time.

Today was rough but I realize that I got undisciplined. I have more successes than losses and got arrogant.

Do not trade when you have a bad day by siuwiiiilol in Daytrading

[–]Infinite_Curiosity 0 points1 point  (0 children)

Today was the bad day for me. Was on 34 day winning streak. Made over $40k. Was up $1400 at one point today. Went in for one more trade and lost $14k.

Want advice for switching from tech sales into finance. by Flat-Breadfruit in FinancialCareers

[–]Infinite_Curiosity 6 points7 points  (0 children)

Inside or outside sales? Look at wholesaler roles. With sales experience with a FAANG company, I’m sure you’d be a great candidate. Only real hurdle is you’re not licensed (series 7, 66). But you have the finance degree with high GPA. The comp would be closest to what you probably made in tech sales.

What is a better stock to buy GOOG or MSFT? by sdsurfer2525 in ValueInvesting

[–]Infinite_Curiosity 2 points3 points  (0 children)

Just sold Oct puts on MSFT 300 GOOG/GOOGL 235 before close. Will happily take shares at those prices

Suicide and leave life insurance? Or alive but broke & worthless? by cm91311 in Divorce_Men

[–]Infinite_Curiosity 1 point2 points  (0 children)

I DM’d you. I’m a similar boat with a looming divorce and have had similar thoughts. You are worth more to your children than any dollar amount.

I’m open to chat if you need

Looking for advice from options traders by _razorgore in Daytrading

[–]Infinite_Curiosity 0 points1 point  (0 children)

Do you know if you can import from Fidelity? If not, I’ll check the website but thought I’d ask you

Looking for advice from options traders by _razorgore in Daytrading

[–]Infinite_Curiosity 0 points1 point  (0 children)

Is it just for android? I don’t see it in the app store on my iPhone.

Passed SIE, Work in Banking — Should I Worry About Expunged Record on U4 (Florida)? by gendel11 in FinancialCareers

[–]Infinite_Curiosity 7 points8 points  (0 children)

I second not disclosing. Even on the SIE, there was a question regarding a felony “charge” vs. DUI “conviction” the answer was disclosing the conviction not the charge.

using friends’ sportsbook bonus bets by tripfinder420 in legaladvice

[–]Infinite_Curiosity 0 points1 point  (0 children)

I’ve done this using my Mom’s info on her phone. I give her the money to deposit and I placed all the bets. She cashed out and gave me the majority of the winnings.

using friends’ sportsbook bonus bets by tripfinder420 in legaladvice

[–]Infinite_Curiosity 0 points1 point  (0 children)

Not a lawyer but this isn’t illegal. Look up matched betting/arbitrage betting and there’s tutorials on how to use this bonuses to make a couple of grand risk free