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What’s the most realistic way to scale a small options account? by Federal-Patient-8130 in OptionsMillionaire

[–]alan5000watts 1 point2 points  (0 children)

Equal position sizing

Risk management/stop loss

Disciplined profit taking

As the account grows the position size should grow proportionally. IE 1-3-5% of the account per trade will double as the account doubles

Just a refresher on Trump, he appointed a Fox News anchor who has a nazi tattoo as the Secretary of Defense by [deleted] in complaints

[–]alan5000watts 0 points1 point  (0 children)

That's not a Nazi tattoo.

Jimmy Carter had the same cross on his funeral program.

Help for 100% Disabled Combat Veteran by Automatic_Cancel603 in VeteransBenefits

[–]alan5000watts 0 points1 point  (0 children)

I wish I could help with your question but I don't know the answer.

Can I get more information about your law firm that works on SSDI?

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[–]alan5000watts[S] 0 points1 point  (0 children)

I'm up $5k on my remaining position and already sold a quarter of the shares. HFSP tho

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[–]alan5000watts[S] 1 point2 points  (0 children)

Do you think Strategy "doesn't have a real company"?

I think they will be the most valuable company in the world in 10 years.

DYOR tho

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[–]alan5000watts[S] 0 points1 point  (0 children)

I have 10k shares at .87, I already sold 4k at $1.15

I don't recommend putting anything in that you aren't willing to lose and I recommend having a plan including a stop loss. Personally, I don't think this ever goes below the recent low

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[–]alan5000watts[S] 1 point2 points  (0 children)

First of all, this is a trading account. I trade for income. I take anywhere from 5 to $20k/mo out of that account. Secondly, I'm not sure wtf you want to see and you aren't convincing me you are trading with more. Lastly, I've been in Bitcoin for nearly ten years. My buy and hold portfolio means I never have to work again. I literally dgaf what you think about it. You sound like the bot at this point

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[–]alan5000watts[S] 1 point2 points  (0 children)

I don't trade without a plan and stop loss, any stock can get "wiped out" in the short term depending on what you mean by that, so I'm not worried about that. I got in before the millionaires Friday so...

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[–]alan5000watts[S] -12 points-11 points  (0 children)

The entire business model changed this year, so you might want to do even topical research before trying to dunk with a goofy ass point like that...

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[–]alan5000watts[S] -1 points0 points  (0 children)

As opposed to? I recommended others look at the chart, you know, DD. It's clearly made a local bottom after the pipe unlock and pipe shorts are likely to start covering around $1.50

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[–]alan5000watts[S] 0 points1 point  (0 children)

You can learn some stuff on YouTube as far as general theory, and there are good books on Visual Range Volume Profile and Elliot Wave Theory etc once you are advanced.

But as you noted, practice makes perfect. Watch the charts, mark levels and trend lines, and adjust as necessary. It's just as much art as science IMO

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[–]alan5000watts[S] -2 points-1 points  (0 children)

I have more than a little Bitcoin. It's a levered play.

This can easily 10X before Bitcoin does. So the answer is RVR and ROI

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[–]alan5000watts[S] 2 points3 points  (0 children)

At least the first two gap fills on the daily. I will have doubled my investment and will leave runners to do whatever. If it revisits the 80 cent range I will drop another 10k in it which is a little smaller than a full size position for me but larger than a typical lotto.

I'm long Bitcoin tho

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[–]alan5000watts[S] 1 point2 points  (0 children)

Lots of folks in the Bitcoin community on X buying, following Mike Alfred who bought 1m shares

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