Last month i BLEW my entire trading account 
Lost $700 in a matter of days all down to $0
Today i had my biggest day yet !
Here are some lessons Iāve learned along the way

A Thread 

Lost $700 in a matter of days all down to $0
Today i had my biggest day yet !
Here are some lessons Iāve learned along the way




Losing it all isnāt the end of it
You decide when you quit
Yea i lost $700 but in my eyes thatās just my tuition to learn the trade
Donāt quit just because you made mistakes. Get right back to it.
You decide when you quit
Yea i lost $700 but in my eyes thatās just my tuition to learn the trade
Donāt quit just because you made mistakes. Get right back to it.
When starting pick ONE stock and STUDY IT.
Most of my early mistakes would be trading companies i didnāt understand
$BAC
$F
Etc
Everything changed when i started trading a company that Iāve watched for daily for YEARS $TMUS
Most of my early mistakes would be trading companies i didnāt understand
$BAC
$F
Etc
Everything changed when i started trading a company that Iāve watched for daily for YEARS $TMUS
Time is money... try to buy as much time as possible
Short expiration dates come with extra emotions
Youāre already dealing with fear and greed when trading
Donāt add feeling rushed to sell to your plate by having less time
All my expirations are now 1 month out
Short expiration dates come with extra emotions
Youāre already dealing with fear and greed when trading
Donāt add feeling rushed to sell to your plate by having less time
All my expirations are now 1 month out
I rather buy a good contract at a fair price
Than a
Fair contract at a good price
Contracts fluctuate just like stocks do based on people buying and selling
I think 30% of the money is made when you buy the contract the rest you make when you sell
Than a
Fair contract at a good price
Contracts fluctuate just like stocks do based on people buying and selling
I think 30% of the money is made when you buy the contract the rest you make when you sell
Iāll hawk out the price of a contract to get a good buy in.
āll compare the price of all the contracts to find deals
Hereās A perfect example
$TMUS 108 Put Exp 07/17 : $375
$TMUS 108 Put Exp 07/24 : $353
THE 07/24 is a good deal because itās cheaper and it has more time !
āll compare the price of all the contracts to find deals
Hereās A perfect example
$TMUS 108 Put Exp 07/17 : $375
$TMUS 108 Put Exp 07/24 : $353
THE 07/24 is a good deal because itās cheaper and it has more time !
And last but not least donāt be greedy and
TAKE PROFITS
https://twitter.com/canyouclickhere/status/1275446003353579522?s=21 https://twitter.com/canyouclickhere/status/1275446003353579522
TAKE PROFITS
https://twitter.com/canyouclickhere/status/1275446003353579522?s=21 https://twitter.com/canyouclickhere/status/1275446003353579522