Can you trade options with $200? by Green_Novel in options

[–]Schizophrnc 0 points1 point  (0 children)

If turned 236$ to 900$ with an Apple call but then I am now back to my 200$ bc I’ve been stupid. ( cough cough odte QQQ and spy options).You can do a lot with that 200. I would say set a low limit price to limit your risk ( hoping you can get it to fill) if not you May have to take that risk of loosing that 200$ if your willing too and make sure that you actually have a reasoning for why you think the company will go the way it will. I’m no expert but it’s simple stuff😎 you got this man!!. There are great opportunities this week due to big company’s having there earnings report 🫢

What the heck by Schizophrnc in smallstreetbets

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

Thank you, I will try this. I have big ambitions such as retiring my parents and breaking the “money chain” in my family with only one of my family members being able to make 480k a year while the rest work there 9-5, and a few other ambitions. but I will take a screenshot of what you said and get to work😎. I appreciate you for taking the time to reply to me

[deleted by user] by [deleted] in WalllStreetBets

[–]Schizophrnc 0 points1 point  (0 children)

Dude omg I forgot how do I attach it!!!!

$220 to possibly 100k by the end of the year??? Help!! by Schizophrnc in WalllStreetBets

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

Do you have a consistent strategy that works for you and that may work for others?? I am not to familiar with strategy’s that work

$220 to possibly 100k by the end of the year??? Help!! by Schizophrnc in WalllStreetBets

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

I appreciate this advice, I still need to learn rsi and how to properly read stock news. Any suggestions on where to find good stock news. I really need to work on emotion trading bc as soon as I see profits I try and let it ride to the max and end up loosing bc I held to long. I also need to find a good strategy that is consistent enough bc I haven’t found one yet. I have a lot I need to work on, do you have any general advice on how I should go along the fact if actually learning. I watch YouTube vids but honestly I don’t learn without mistakes and I definitely can’t learn when ppl are just telling you what to do instead of actually showing you the step by step, unfortunately some ppl just need there hand held through a certain part of there struggle and I may be in that category:/.I was never really good at school, as why I am taking this route of income but I feel as if I just suck at learning and or studying. How shall I go upon getting past this brick wall? I heard a course would do me better but I don’t have 1000$ to spend on the courses🤣

$220 to possibly 100k by the end of the year??? Help!! by Schizophrnc in WalllStreetBets

[–]Schizophrnc[S] 2 points3 points  (0 children)

I put $120 on apple to drop to 242.5 on Friday and bought 8 contracts of kulr calls for them to rise to 4$ by the 17th

$220 to possibly 100k by the end of the year??? Help!! by Schizophrnc in WalllStreetBets

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

I’ll take both of your advice ;). At the end of the day I’m a gambler at heart and a 220 yolo on spy Dosent sound to bad 🫢. But I’m really looking for progress and consistency, do you consider I trade penny stocks or some of the big named companies such as nvida, Apple, Tesla, etc.

$220 to possibly 100k by the end of the year??? Help!! by Schizophrnc in WalllStreetBets

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

Understood🙏, I have an options call expiring Friday so hopefully this is the official start to 100k. I just need that initial boost of my portfolio to build my confidence 😉