As investors or traders, we yearned for this ultimate outcome: that is, to turn our time, efforts, and capital into something more than what we originally had. But it is not always the easiest outcome to achieve. 3 years into options trading and 11 years into stock investing, the learning curve is still steep as … Continue reading My “Profitable Trades” Collection
Tag: options trading strategies
How This Options Strategy Help Me Gain $29.4K Profits & 96.4% Success Rate In 2023?
I shared in early 2023 that I started a new options trading strategy that can cover the downside (if I get the direction wrong) and capture the upside if all goes well and it is relatively low-risk as compared to other options strategies. I called it the SOP Strategy and you can read further here:My … Continue reading How This Options Strategy Help Me Gain $29.4K Profits & 96.4% Success Rate In 2023?
Welcome To Our New Community Group To Discuss Finance Related Topics & Matters
On new year's day, I went to buy 3 bottles of Manuka Honey (can only enjoy the 30% promotion with 3 bottles purchased), only to realise that I should have bought them the day before to avoid the additional 1% GST increase.Our cost of living has risen significantly over the past few years, with the … Continue reading Welcome To Our New Community Group To Discuss Finance Related Topics & Matters
I Construct A Potential 99x Trade On Meta With Just USD10 | How To Trade With A Small Account
I construct a bullish trade on Meta with a potential 99x return on capital. This may be useful for traders who have a small capital but would still like to get a good return out of the trade. For this trade, I get an advance premium of USD 990 out of a 10-dollar spread on … Continue reading I Construct A Potential 99x Trade On Meta With Just USD10 | How To Trade With A Small Account
How I Construct A Potential 10x Trade On AMD With USD90 | Trade With A Small Account
I construct a bullish trade on AMD with a potential 10x return on capital. This may be useful for traders who have a small capital but would still like to get a good return out of the trade. For this trade, I get an advance premium of USD 910 out of a 10-dollar spread on … Continue reading How I Construct A Potential 10x Trade On AMD With USD90 | Trade With A Small Account
Trading Review Dec 23 ($6,840 Profits)
December is a good month for the US stock market, due to seasonality where stocks generally rise towards the end of the year, with the famous Santa Claus rally indicating a strong uptrend for the second half of December. Another reason that boosted investors' confidence was the Federal Reserve's signaling in December's FOMC meeting that … Continue reading Trading Review Dec 23 ($6,840 Profits)
Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)
For Oct and Nov 23, the US stock market (using the S&P500 as a reference) went through some downs and ups. I managed to generate S$2,858 and S$2,549 respectively for Oct and Nov. In this post, I would like to share my trades for reference. This is a summary of the trades for Oct 2023: … Continue reading Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)
[13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24
I sold a PUT contract on Hersey Co (ticket symbol: HSY) on 13 Oct 23 because I think this company has taken a hit since its all-time high of USD276.88 in March this year, due to negative news (potential competition from Mr Beast's Feastables and thus leading to loss of market share) and easing fears … Continue reading [13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24
-$28,162.33 Trading Losses (Sept 23)
Sep 23 was the third month this year as well as the whole of my 3 years of trading journey that I did not have any positive cash flow coming in. I also incurred the largest (5 digits) loss for this year (2023) after losing $5.2k and $4.8k earlier this year in Feb and March … Continue reading -$28,162.33 Trading Losses (Sept 23)
Options Trading For Passive Income: Truth Or Myth?
Many people dream of having a passive income or a sideline income that can sustain their lifestyle so they can retire early. Options trading may come to mind as the plan to provide that steady stream of income every month. However, how true is that? And how feasible is it to sustain an income that … Continue reading Options Trading For Passive Income: Truth Or Myth?