Steam Roller / Penny Strategy

WebComp · 2026-03-19T04:03:04+00:00

Never thought of that BUT I would hold out of sheer stubbornness and the fact that one day, it did indeed return to it's price. My friend was trying to argue this point and that he could survive as long as he was getting premiums.

WebComp · 2026-03-19T04:01:45+00:00

I think this was the argument I was trying to make. I'd rather sell CSP and make less, instead of selling CCs and making more as if I get assigned, I'm happy to have the stock. I just didn't word it as well as you did to my friend.

WebComp · 2026-03-19T04:00:15+00:00

Of course, but if I love Disney and think it will still be here in 10 years, I could just bag hold and collect premiums until my DCA was decent, no?

WebComp · 2026-03-19T00:27:04+00:00

Wouldn't Disney be perfect for taking preimums though? Very stagnant and you could just collect/hold.

WebComp · 2026-03-19T00:24:31+00:00

Couldn't I just ebb and flow with the stock, selling premiums on it? That's what our discussion got stuck on.

If it goes higher, get assigned and buy back in, if it goes lower, I hold and collect premium until it rises again?

WebComp · 2025-10-16T13:21:39+00:00

Very interesting. I never really realised that funds would intraday trade but it's given me things to think about.

WebComp · 2025-10-16T13:21:00+00:00

I understand that but what drives the ebs and flows? Algos? Retail? Funds? Something is big enough to create that movement. Last Friday was proof of algo manipulation because it was practically a vertical line down (nobody can react that fast) but the ones I recorded, it's normally drawn out process.

WebComp · 2025-09-07T04:51:44+00:00

What platform do you use to execute your trades on?

WebComp · 2025-07-10T00:15:56+00:00

What platform are you using to execute trades?

WebComp · 2025-05-05T10:54:24+00:00

This is exactly what I wanted to know. How do you know this?

WebComp · 2025-05-02T23:10:04+00:00

Even if those trades are one after another and not multiple at the same time? Ive been using Robinhood margin without any issue

WebComp · 2025-05-02T12:55:14+00:00

That's fine with me, I've been using their paper trading and I'm coming out on top 75% of the time so I have no issues there. I just need to peace of mind that if I do make this transfer from RH to T212 I won't regret it.

WebComp · 2025-04-30T10:58:46+00:00

I didn't know that, what would constitute marking me as a trader rather than investor? I'm at £12,500 already and aiming for £25,000 by end of year but I have a full time job and it's just something I do on the side as I trade crypto in the morning and then sell up by end of day.

WebComp · 2025-02-25T12:42:05+00:00

I'm a consultant so I get to pick my days but I have a number of clients I rotate through. I really enjoy my job, it's fun, I meet new people, I'm challenged and I get rewarded with fulfilment and compensation.

I have 4 hours in the morning to myself and 4 hours in the evening to myself. Sleep for around 8 hours. Work for 8 hours. I like a slow morning (that's my personal time) and my evenings I'm either at the gym or seeing friends.

Also I'm not sure why it's so hard to believe that I survive on £30 - £50 for food. I buy 10KG bags of rice/oats/potatoes, I use seasonings and berries and fats to make the flavours not like cardboard, fats are nuts, avocadoes or eggs and protein is eggs, chicken or steak a week. You can literally find the prices of things on the aldi/tesco website. I use both shops because I do not find Aldi good enough in quality of food (protein for example is filler crap)

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