Enjoying my transition to Options, Day trading required too much of my attention and being active duty military doesn't make this the easiest side hustle. I've found with Options I can have more relaxed trades and look and overall news versus specifics for companies. I'll see how this goes in 2021. Thanks Tim and Mark Crook. Chart is only up 4.2% but my options contract is up 50%
Still focusing on coming out of this negative streak I have which is from a lack of knowledge in the past. When I pass this I'll know my studying has been paying. Congrats to everyone making gains as well.
Restarted my account at 4,000 yesterday to start a new and have a steady beginning. I've been studying everyday 30 day bootcamp, PSFW, Reading Complete Penny Stock Guide, and How to Make Millions. Really taking initiative to focus on the best patterns and to always cut losses quick. Let's see how this goes.
What is the average gain and loss are you aiming to take on 4,000 account?
Use half the account 2k for speculative trades, gains of about 10% so 200 or less. And limit losses to under 150 due to the occasional 5% p.ullbacks. Supernova alerts likely the whole account but only for 20% gains max to sell into strength. And losses around 300 or less.
@MatthewMoench just became a fully transparent trader today!
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