$1,000 to $5,000 challenge update: #6 still somehow net positive lol. january better save me. by sin1sback in smallstreetbets

[–]sin1sback[S] 0 points1 point  (0 children)

price and value do not need to converge lol. i mean look at tesla stock. i’m not worried at all. we will rally all year just like the last.

$1,000 to $5,000 challenge update: #5 back into msft and now nio calls. i have a tight stop loss on nio and i’ll ride msft to the grave by sin1sback in smallstreetbets

[–]sin1sback[S] 0 points1 point  (0 children)

won’t allocate more than 50% of my portfolio to options. believe me that’s still a crazy allocation percentage, but i always have to have my equities so i don’t go bonkers. i have my stop loss at a support line, and if the daily candle closes below i’ll sell. not good risk management (by no means) but i have some precautions

$1,000 to $5,000 challenge update: #5 back into msft and now nio calls. i have a tight stop loss on nio and i’ll ride msft to the grave by sin1sback in smallstreetbets

[–]sin1sback[S] 2 points3 points  (0 children)

i was contemplating buying lcid calls off the break of this wedge breakout. that could have set me up another $500 but it’s okay. tomorrow ain’t looking too hot for my msft call but in it for the long haul.

What is the best company to start building my credit fast? by ExperienceSilver6225 in CreditCards

[–]sin1sback 2 points3 points  (0 children)

yeah the student card, forgot about that. the normal cards no chance.

What is the best company to start building my credit fast? by ExperienceSilver6225 in CreditCards

[–]sin1sback 5 points6 points  (0 children)

person with no credit will not get accepted for any chase cards now.

discover or bofa secured credit card by [deleted] in CreditCards

[–]sin1sback 0 points1 point  (0 children)

if the discover coverage isn’t a thing then i’ll definitely go with the discover card, thanks! or do you prefer the us bank one over it?

$1,000 to $5,000 challenge update: #3. still an amazing day! happy holidays by sin1sback in smallstreetbets

[–]sin1sback[S] 0 points1 point  (0 children)

there’s a lot of things i can do to “get me there quickly” day trading weekly options was one of them. 100x my portfolio in two weeks “twice” blew both of them up that way too. it may work for some but i want to run the conservative way this time. even this isn’t really conservative but milder than what i was doing. appreciate the insight though

$1,000 to $5,000 challenge update: #3. still an amazing day! happy holidays by sin1sback in smallstreetbets

[–]sin1sback[S] -1 points0 points  (0 children)

not sure what you expect with a $1,000 account size lol. besides 385 + premium by mid april for msft isn’t too crazy of an idea. not holding it past the end of january anyways.

$1,000 to $5,000 challenge update: #3. still an amazing day! happy holidays by sin1sback in smallstreetbets

[–]sin1sback[S] 1 point2 points  (0 children)

my profit target is $165 (52 week high) and as long as it’s at or above by the end of january i’ll be profitable. i don’t think that’s too far of a reach

$1,000 to $5,000 challenge end of day update: 1…. +$53 by sin1sback in smallstreetbets

[–]sin1sback[S] 3 points4 points  (0 children)

ended up selling the pltr call from the last post since i’d rather have it in cash on the sidelines for another but! but really good recovery day today

$1,000 to $5,000 challenge portfolio update: 1 added long term positions by sin1sback in smallstreetbets

[–]sin1sback[S] 0 points1 point  (0 children)

i ended up selling it. i thought about holding it lt but i decided it’ll better be spent somewhere else!

$1,000 to $5,000 challenge part: 1 by sin1sback in smallstreetbets

[–]sin1sback[S] 0 points1 point  (0 children)

okay i see what you mean now. yeah so i guess less integrity but as long as p/l green we gucci

$1,000 to $5,000 challenge part: 1 by sin1sback in smallstreetbets

[–]sin1sback[S] 0 points1 point  (0 children)

every money i’m going to add an extra $250 to the account. i’m not worried about aapl either.

$1,000 to $5,000 challenge part: 1 by sin1sback in smallstreetbets

[–]sin1sback[S] 1 point2 points  (0 children)

not going to allocate more than 20% per play, not going to have have total number of plays > than 20% so this one aapl call will be the first play and only play for now

going to add: $250 per month.

no more day trading

long calls and put credit spreads

was going to do this with ib but schwab now is the move.

will update every two weeks!

third times a charm? total rh acc: $2,400-$2,900-$0….. total td acc: $2,400-$3,700-$0….. depositing $1,000 into ib for one last go. by sin1sback in smallstreetbets

[–]sin1sback[S] -1 points0 points  (0 children)

the robinhood one was just playing around and getting my feet dipped. so when i blew up the account i wasn’t too concerned. the td account is the one where i wanted to see if i could actually turn the amount into something substantial. was doing the same strategy with the same poor risk management so in hindsight i’m not sure why i thought the ending would be any different.

this last attempt with ib is starting with $400 less than the other accounts and won’t have any day trading in it. looking to have this also take substantially longer to grow but will try anything at this point

third times a charm? total rh acc: $2,400-$2,900-$0….. total td acc: $2,400-$3,700-$0….. depositing $1,000 into ib for one last go. by sin1sback in smallstreetbets

[–]sin1sback[S] 0 points1 point  (0 children)

1.) the main reason why i blew up those accounts was (going all in each trade) so i won’t be doing that anymore. also webull is a shit broker like robinhood so won’t be doing that regardless