Was able to correctly time the market 6 times this week!
This week, I tried day trading for the first time and sold or bought options at the right time. My strategy was pretty 5 year old like, try to buy if it falls too much lol. They were (all were ATM) and weekly expiry 1) selling call options of Apple on Monday at 133. 2) selling put options of apple on Monday at 126 3) buying 5 Apple call options at 128 on Monday 4) selling TWTR 53.5 puts on Wednesday 5) selling BABA 225 puts on Thursday 6) buying TSLA 655 call options on Thursday And I was wrong about 1) buying 416 call on SPY on Tuesday 2) buying 420 puts on SPY on Friday Profit was around $1200 which isn’t a big deal but I had a lot of fun doing it.
Count your blessings and never be this dumb again
It’ll be better if you tell why it’s dumb
Option trading has an 80% failure rate. Probably worse for inexperienced investors.
Go for 7!
I need to start following more stocks to do that. Right now it’s mostly tech stocks
I made 3 million after investing 30k on dogecoin in Jan… just saying
You have a bright future in Vegas. Dont waste time in options. Good luck.
Look at your profit.. feels like, your exit timing is what you need to work on..
This is how a gambling addiction starts.
This is how a stupidity addiction starts
Too late for that. I love gambling <3