Options trading can be a good way to generate a sideline income with higher returns than bonds and fixed deposits but it comes with risks that can potentially wipe out your entire capital. As someone who has lost more than half a million mostly in options trading, I think I am a good reference for … Continue reading How You Can Possibly Not Lose Money In Options Trading? | How To Trade Options Safely For Passive Income
Tag: financial literacy
How Does Bear PUT Spread Work? | PUT Debit Spread Explained For Newbies (Part 3 of 4)
This is the part 3 explanation of the 4 Vertical Spread options strategies where I will explain more in-depth about another vertical spread strategy for bearish play, which is the Bear PUT Spread Strategy. This is also known as PUT Debit spread as the options buyer will pay a premium (debit) in order to open … Continue reading How Does Bear PUT Spread Work? | PUT Debit Spread Explained For Newbies (Part 3 of 4)
Revealing My Entire 609k Portfolio | Stocks, Options, Bonds | Funds Allocations & Investment Plan for 2023
It is the time of the year to review our investment portfolio and make plans for the year ahead. One of the biggest lessons that I learned in 2022 is to always expect the unexpected and be prepared for the worst-case scenario. It is not how much you can win but rather how much you … Continue reading Revealing My Entire 609k Portfolio | Stocks, Options, Bonds | Funds Allocations & Investment Plan for 2023
6 Lessons Learnt After Losing 551k In 10 Years Of Investing & Options Trading | What Newbies Should Know They Start Investing/ Trading
I started my investing journey 10 years ago in July 2012 and my options trading journey started last year in late Feb 2021. In Dec 2021, I ended all my bad investments over the first 9 years of my investing journey by cutting a $135k loss on stocks such as SPH, Keppel Corp, Sembcorp Marine, … Continue reading 6 Lessons Learnt After Losing 551k In 10 Years Of Investing & Options Trading | What Newbies Should Know They Start Investing/ Trading
I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)
I finally did it! I closed all my LEAPS CALL positions over 2 days on 13th and 15th Dec 2022 at a total loss of SGD333.8K (USD245.6K). There were contracts that I could not close because there were no more buyers, such as those expiring on Jan 23, as the current value is already $0. … Continue reading I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)
I Followed A Guru And Lost USD6.15K In A Month | Sharing My Experience From Joining A Paid Trading (Discord) Group
I wrote this article to share my experience of joining a paid trading group on Discord, so that you can use it as a reference or as part of your consideration for joining a paid trading group, an investment course, or something similar. This is by no means criticizing any guru or discouraging anyone from … Continue reading I Followed A Guru And Lost USD6.15K In A Month | Sharing My Experience From Joining A Paid Trading (Discord) Group
How Does Bull PUT Spread Work? | PUT Credit Spread Explained For Newbies (Part 2 of 4)
This is the part 2 explanation of the 4 Vertical Spread options strategies where I will explain more in-depth my favorite vertical spread strategy for bullish play, which is the Bull PUT Spread Strategy. The 4 vertical spread strategies are summarised below: A bull PUT spread is an options strategy that an investor uses when … Continue reading How Does Bull PUT Spread Work? | PUT Credit Spread Explained For Newbies (Part 2 of 4)
Top 3 Technical Analysis (TA) Experts (YouTubers)
I have been watching YouTube financial videos since 2020 and have learned a great deal through these free resources, especially the fundamentals of options trading. I still put in a good amount of time now watching financial videos every day because I feel that it is important to be updated on the latest happenings going … Continue reading Top 3 Technical Analysis (TA) Experts (YouTubers)
How Does Bear CALL Spread Work? | CALL Credit Spread Explained For Newbies (Part 1 of 4)
This is the first of the 4 articles, in which I will go deeper to explain the 4 vertical spreads, for a greater understanding of how to use them in different market conditions. To quickly recap these are 4 vertical spreads options strategies that I have covered previously. In this article, I will be sharing … Continue reading How Does Bear CALL Spread Work? | CALL Credit Spread Explained For Newbies (Part 1 of 4)
Vertical Spreads Options Strategies Explained For Newbies | A Simple Way To Understand And Remember Vertical Spreads
I have long avoided using vertical spreads for a few reasons and choose to use simple one-legged options strategies such as selling/ buying PUT/ CALL contracts. One of the reasons was that I found vertical spreads quite complicated and confusing. Thus, I decided to stick to the most basic of options strategies, that is to … Continue reading Vertical Spreads Options Strategies Explained For Newbies | A Simple Way To Understand And Remember Vertical Spreads
Learning Investment With Jason Cai 