The Official Options Thread

Blazed · 03-31-2023, 08:13 AM

Going to try this, if it gets merged, then it is what it is.

A little about me - I have been trading options for about 6 years now. 3 years of seriously learning and educating myself on them, testing multiple systems out - and the 3 years prior to that I was doing what most people I've spoken to here were doing - just "winging" my way through it.

This is my full time "job" - I take what I'm doing very serious and I don't YOLO or "well, I think this might work" into trades. Every trade I take is A+ and I have reasons for taking it. Aside from trading options, I do have a real-estate portfolio (rental properties) that I maintain on the side and every now and then I help my wife with her eBay/Amazon business.

You should always have multiple streams of income, don't depend on just one.

Why do I do this? - Because I was afforded the same opportunity a few years ago for free. So I'm just giving back because this was a life changer for me. It allowed me to leave the "9-5" and spend more time with my family & friends. It has allowed me to live financially free and I'm not on anyone's schedule but mine. As I've stated many time here, I want to see people win. I know especially right now it's tough times out there, so learning a new "skill" could potentially help people out.

Education will always be free. I don't need your $200/mo. I do this every morning and I enjoy it, so it's not like I'm being stopped from doing something else.

Red days/losses - I get asked this a lot. Yes, I do take losses but it's very rare. There's a reason for that, I only take A+ setups and I don't swing anything in the current market conditions. When I get in a trade, I'm in & out, I don't swing right now and I don't hold losers for hope. Keep losers small and let your winners run.

That said, I will be posting my ideas here. They are my ideas and no one should be blindly following them. Don't be lazy, use them as a guide and put in the work to educate yourself on Options. There are no shortcuts.

Everyone who is serious should start by reading "Trading in the Zone" by Mark Douglas. You won't be successful at this if you don't have the right mindset and discipline. There are no shortcuts.

As always, if you want to contribute feel free to add anything to this thread - questions/comments/ideas and so on or if you prefer DM's, my DMs are always open - just give me time to reply as I do have other stuff going on.

03-31-2023, 08:13 AM	#1
Blazed Member Join Date: Dec 2011 Location: Houston, TX Posts: 3,361 Blazed Blazed	The Official Options Thread Going to try this, if it gets merged, then it is what it is. A little about me - I have been trading options for about 6 years now. 3 years of seriously learning and educating myself on them, testing multiple systems out - and the 3 years prior to that I was doing what most people I've spoken to here were doing - just "winging" my way through it. This is my full time "job" - I take what I'm doing very serious and I don't YOLO or "well, I think this might work" into trades. Every trade I take is A+ and I have reasons for taking it. Aside from trading options, I do have a real-estate portfolio (rental properties) that I maintain on the side and every now and then I help my wife with her eBay/Amazon business. You should always have multiple streams of income, don't depend on just one. Why do I do this? - Because I was afforded the same opportunity a few years ago for free. So I'm just giving back because this was a life changer for me. It allowed me to leave the "9-5" and spend more time with my family & friends. It has allowed me to live financially free and I'm not on anyone's schedule but mine. As I've stated many time here, I want to see people win. I know especially right now it's tough times out there, so learning a new "skill" could potentially help people out. Education will always be free. I don't need your $200/mo. I do this every morning and I enjoy it, so it's not like I'm being stopped from doing something else. Red days/losses - I get asked this a lot. Yes, I do take losses but it's very rare. There's a reason for that, I only take A+ setups and I don't swing anything in the current market conditions. When I get in a trade, I'm in & out, I don't swing right now and I don't hold losers for hope. Keep losers small and let your winners run. That said, I will be posting my ideas here. They are my ideas and no one should be blindly following them. Don't be lazy, use them as a guide and put in the work to educate yourself on Options. There are no shortcuts. Everyone who is serious should start by reading "Trading in the Zone" by Mark Douglas. You won't be successful at this if you don't have the right mindset and discipline. There are no shortcuts. As always, if you want to contribute feel free to add anything to this thread - questions/comments/ideas and so on or if you prefer DM's, my DMs are always open - just give me time to reply as I do have other stuff going on.