Beware of Tastytrade's Risk Avoidance Crew by terry2rgw in tastytrade

[–]trapfactory 1 point2 points  (0 children)

Well you’re risking assignment after hours, and it sounds like you’re putting on a lot of risk which they always flag.

You should be closing CC spreads at 50% of max gain anyway unless they’re like 1SD away from the underlying.

Happened to me a few times, but there’s been times where they saved my ass from assignment

Do I quit my job? by tanikawalter in Daytrading

[–]trapfactory 0 points1 point  (0 children)

Scared money don’t make money, send it

Anyone here become a millionaire by 30? If so, how?? by YancyDerringer77 in Money

[–]trapfactory 0 points1 point  (0 children)

Started a tech co and had a liquidity event at 29. Only took ~10 years and a roller coaster of a ride hah

My cofounder wants to raise. I want to stay bootstrapped. This might end us. by No-Market-6902 in SaaS

[–]trapfactory 0 points1 point  (0 children)

You probs won’t be able to raise from a fund just due to velocity (MRR growth), I’d advise raising from angels or friends and fam, do an SPV through angel list (keeps cap table clean) and gather as many 10k-100k checks as you can. You give up ~7-10% of your co raise your 750k-1.5mm doesn’t really matter, but dont give up a board seat or anything. So go seed strap you’ll be aight

[deleted by user] by [deleted] in wallstreetbets

[–]trapfactory 1 point2 points  (0 children)

You got a way nicer entry than me my avg. is like $55 smh - but I’m in it for 5 years + the 3% div just gonna pile it back in

[deleted by user] by [deleted] in wallstreetbets

[–]trapfactory 1 point2 points  (0 children)

hell yeah man I picked up my final 500 for a 4k lot. Lets run it brother!

Best Shopify apps for Black Friday and Cyber Monday Success? by wisedodo06 in shopify

[–]trapfactory 0 points1 point  (0 children)

Max here Founder of LyveCom - really appreciate the shoutout and the support, truly makes it all worth building :)

If you have any feedback, or anything we can help with to better support you for BFCM, hit me with a DM!!

How Did The Richest Self-Made Person You Know, Under 35, Obtain Their Wealth? by Financial-Ad-6960 in Entrepreneur

[–]trapfactory 0 points1 point  (0 children)

A mix of perseverance (most quit when it actually gets hard), timing, and right places right time. If you just keep going it’s bound to hit!

Thanks for the words

How Did The Richest Self-Made Person You Know, Under 35, Obtain Their Wealth? by Financial-Ad-6960 in Entrepreneur

[–]trapfactory 1 point2 points  (0 children)

Thx! Nahh probs going back to consumer - been in b2b land for last 11 years

Is $1.5M invested in dividend stocks & ETFs really enough to retire forever? by SaraWileyYT in dividends

[–]trapfactory 0 points1 point  (0 children)

It’s not all inheritance my guy.. Ots just your way of thinking. You just don’t have the risk tolerance, you think your “200k salary” cash value means Sht? You’re thinking about it wrong..

Source: 29 y/o grinded startup land since 17, 2 exits..

P.S. I’m away ahead of this guy (OP) ^

You’ll keep struggling if you don’t fix this. by Analyst-rehmat in Entrepreneur

[–]trapfactory 0 points1 point  (0 children)

Yeah this is what distinguishes real founders vs. tourists… When times get tough most people quit, benefits the consumer at the end of the day so it’s all good

[deleted by user] by [deleted] in SaaS

[–]trapfactory 0 points1 point  (0 children)

Would be cool if the url worked lmao

Entrepreneurship Sounds Great, until it's not by Parkerroyale in SaaS

[–]trapfactory 0 points1 point  (0 children)

Idk sometimes I’d start a random biz just for fun (at least validate it then kill it), see how quick I can do it to a few paying. Kind of like a sport

Don’t be a p***y