Mac House
voted
And this is how I started.
My journey🚙 started at the end of 2007. Learning how to trade while the economy was failing due to "The Real Estate Crisis" 📉 was somewhat easy
but hard in the long run. Easy on the part that in 2008 the market had crashed so it became a buying market even though many lost trust in it and had lost plenty of money 😡. Created lots of bad habits while trading that kept me from realizing my true trading potential 😮💨. Took me a while to understand, but never gave...
My journey🚙 started at the end of 2007. Learning how to trade while the economy was failing due to "The Real Estate Crisis" 📉 was somewhat easy
but hard in the long run. Easy on the part that in 2008 the market had crashed so it became a buying market even though many lost trust in it and had lost plenty of money 😡. Created lots of bad habits while trading that kept me from realizing my true trading potential 😮💨. Took me a while to understand, but never gave...
31
12
1
Mac House
reacted to
$SPDR S&P 500 ETF (SPY.US)$ taking a little trip downtown⤵️
2
2
Mac House
liked
$SPDR S&P 500 ETF (SPY.US)$ $Advanced Micro Devices (AMD.US)$ $NVIDIA (NVDA.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ $Microsoft (MSFT.US)$ $Invesco QQQ Trust (QQQ.US)$ $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ great harvest from seeds sowed in Dec, almost closed off all my option positions at 60 to 70% profit accumulating war chest for fomc and earning season
34
2
Mac House
reacted to
$SPDR S&P 500 ETF (SPY.US)$lets keep it green lads.
2
Mac House
reacted to
$SPDR S&P 500 ETF (SPY.US)$ welcome to deathrow records‼️
4
Mac House
reacted to
this joint is scared to death to move
2
Mac House
liked
$E-mini S&P 500 Futures(MAR5) (ESmain.US)$ 6100 is a hard one but if it goes, then old ath are right after that. Be aware it may never hit there or it may shoot right on thru. How it acts should be your indication of the next move. Wait and then trade. Nobody know where it is going.
3
1
Mac House
reacted to
2
Mac House
liked
One of the most popular strategies is called the "Covered Call." It’s pretty straightforward.
So, let’s say you own 100 shares of the SPY ETF, which tracks the S&P 500. For this example, imagine SPY is currently priced at $400.
You can sell a call option on those shares. For instance, you might sell a 1-month call option with a strike price of $420, and let’s say you get a premium of $2 per share.
By selling that option, you’d make $200 right away from the premiu...
So, let’s say you own 100 shares of the SPY ETF, which tracks the S&P 500. For this example, imagine SPY is currently priced at $400.
You can sell a call option on those shares. For instance, you might sell a 1-month call option with a strike price of $420, and let’s say you get a premium of $2 per share.
By selling that option, you’d make $200 right away from the premiu...
30
2
2