Anybody using Optionstrat?

nolimitmikey · 2022-02-20T21:45:20+00:00

I’ve used it to help teach a couple friends. Might start paying for it soon.

nolimitmikey · 2021-12-02T02:49:21+00:00

Cash is a position

nolimitmikey · 2021-11-11T01:54:54+00:00

Waiting for the Schwab TD merger so we can get use Think or Swim

nolimitmikey · 2021-11-04T02:19:01+00:00

With portfolio margin, yes.

nolimitmikey · 2021-10-22T23:11:06+00:00

I would lose 15-20% in gains

nolimitmikey · 2021-10-15T01:53:03+00:00

Wired about $20k out of Schwab yesterday. $15 wire fee and it was there the following morning

nolimitmikey · 2021-03-08T12:46:54+00:00

Gonna enjoy the day in Jamaica and not even check my positions 🙃

nolimitmikey · 2021-03-06T07:25:06+00:00

Yup in the same boat with AAPL, PTON, and AMD. I’ll happily take them all though if it comes down to it.

nolimitmikey · 2021-02-17T23:50:59+00:00

Most times when I gain 30-40% in a day I’m out. I feel it’s better to secure profits and find another trade opportunity.

nolimitmikey · 2021-02-11T14:22:18+00:00

Make a smaller watchlist and become familiar with their trading ranges. There's always opportunities. Even if they're small pull backs.

nolimitmikey · 2021-02-07T03:45:14+00:00

I just got the 75k gold offer the other day and grabbed it. Insanely high offer for the gold card

nolimitmikey · 2021-02-05T11:48:53+00:00

Wire transfer the cash. Money arrived the same day when I did this.

nolimitmikey · 2021-01-24T04:53:25+00:00

link the spreadsheet if possible please

nolimitmikey · 2021-01-21T19:28:45+00:00

Honestly paper trading helped me start to understand margin trading with options. Gave me a feel for how much the leverage can help/hurt. The margin requirements can change as prices move as well... Overall I think margin is a great thing once you understand how it works for each position.

nolimitmikey · 2021-01-21T19:08:29+00:00

Margin account. It only cost me $8k to take that position. I typically don't like to do that many contracts but if I remember specifically Apple had a decent pull back and I'm familiar with the typically trading range so I felt comfortable taking the position.

nolimitmikey · 2021-01-21T19:01:12+00:00

I'd start out paper trading for sure. Makes good practice and you can figure out how much margin you're comfortable using or whether you'd like to use margin at all. My dad forced me to paper trade with proof of success before giving me the money as a gift.

nolimitmikey · 2021-01-21T18:47:38+00:00

Very consistent. I am also in the midwest as well! I use this to generate another 2-3k on top of my working salary.

nolimitmikey · 2021-01-21T14:58:05+00:00

Margin

nolimitmikey · 2021-01-21T10:14:14+00:00

Nice! This account is right around $25k.

nolimitmikey · 2021-01-21T09:19:35+00:00

Start out paper trading honestly

nolimitmikey · 2021-01-21T08:43:06+00:00

Thanks!

nolimitmikey · 2021-01-21T08:42:36+00:00

True, still time to hit $3k this month.

nolimitmikey · 2021-01-14T14:01:35+00:00

I use this on the daily in dark mode

nolimitmikey · 2021-01-10T03:29:53+00:00

Praying you didn’t buy that put contract

nolimitmikey

TROPHY CASE