Options Trading With US vs HERD

The first half of this year has been a disaster. Buckle up. I believe this is only the beginning of what is about to happen.

Trading the first half of this year has been insane and I’ll never forget it for the rest of my life. We went from a super bull market, to high inflation, to a bear market that’s on the verge of a stock market crash. This is how I’ve been making it through.

AMC has recently reclaimed the 50 day moving average. I’m not sure why but people are still trying to short this even as it has bottomed out. There is also quite a bit of short interest that remains even though the stock has completely sold off.

Shopify is having a 10:1 stock split. This stock has been selling off for months. Is now the right time to scoop up some shares?

FDX stock just ripped way above the 200 day moving average. I would like to see if defend the 200 day and build a little bit of a base before adding. Fedex raised guidance during their last earnings call and said they had inflation under control.

DWAC is a disaster and has been for a very long time. Today things just got much worse. It is very possible this SPAC deal may not go through which would cut funding to Truth Social entirely.

Robinhood’s business is in rough shape especially if there are changes to payment for order flow (PFOF) which is Robinhood’s main source of income. I’ve been saying for a while that Robinhood needs to be acquired but did not think that FTX would be the one to do it.

As investors we are all learning and working towards getting better. I applaud the Dogecoin Millionaire for his transparency. I do think he learned a lot and we can all learn a ton from this experience as well.

Everyone is calling a bottom right now but I believe we are quite a ways from it. When the data and inflation starts turning around, that’s when I believe the bottom will be in. Everything else right now is only noise. Powell will also be testifying and we have quite a bit of data being […]

Be prepared for a 75 basis point rate hike. Be careful if the Fed does anything other than that. The market we are in right now is on edge and if the Fed doesn’t put an end to high inflation this is going to be a crisis that lasts many years.

GME had an insane run today which was halted twice due to volatility. This was a major short squeeze and the bears continue to be squeezed.

This was definitely a lot of fun for me to do. I hang out with Mogli the Iceburg and pick his brain on how he views business, multiple streams of income, and the stock market. There is definitely a lot of value here and I learned a lot from Mogli’s perspective.

Most times in the market we only think about how we can make money. When you start thinking about the ways you can lose money, that is when you will start making money.

Life is much different now than when we started 2020. Outside of the dangers, we are blessed with more than we know. We have time now to breathe and to focus on those we love. Let’s embrace this time and change the future. We don’t have to go back to the hectic and chaotic lifestyle […]

The risks of trading options in the stock market right now are greater than ever. With that being said, so are the rewards. I wanted to highlight some important things about trading options with a small account using proper risk to reward ratios. Let’s use this time to learn and grow as traders.

Robinhood app has been down all day and people are getting really worried. Not only can they not trade but they’re stop losses and limit orders are not being filled. This is a huge issue with Robinhood and unfortunately not one that is new.

Mindset is everything. As I reflect on 2019, these are the areas I need to make improvements on. As an options trader, we need to be transparent with ourselves and those around us. Let’s continue to push to become not only better traders, but better people.

One of the hardest things in options trading is being happy with your trades. When you’re trying to balance FOMO and greed, it’s a lot harder than it seems. Being a profitable options trader is a mental struggle and being content is key.

You don’t think it’ll happen to you, but it does. Options trading is more than just numbers, it’s about you developing as a person. Options trading takes hard work and dedication. You have to persevere and put in the work in order to be successful.

Options trading is hard work and we have to be honest with ourselves and our ability to trade.

This week was a tough week. I placed trades I normally wouldn’t and broke some rules in other areas. In the end I’m down a few hundred for the week but the lessons are invaluable and will be an asset to me moving forward.

Options trading is one of the most difficult things you will attempt. Everyone fails and quits trading options at some point in your trading career. It’s up to you to push past the pain and move forward with trading options.