10th March was a strange day for me. I basically totally threw everything that I had learnt through my mistakes out of the window. The stock market turned bearish after Fed Chairman, Jerome Powell's hawkish comments, on further rate hikes due to rising inflation data. Elsewhere, reports have emerged on the collapse of Silicon Valley … Continue reading I Did Something Crazy & Lost SGD3,422 (USD2,535) In A Single Day
Tag: options trading
I Joined A Day Trading Discord Group And Lost USD326 In A Week | What You Need To Know Before Joining One
Awhile ago, I joined a paid discord group after reading about stories of great returns posted in the group. The membership fee was about USD59.99 per month (and has now increased to a higher pricing of USD79.99). How It works? It is a discord group with a few very talented traders who share about their … Continue reading I Joined A Day Trading Discord Group And Lost USD326 In A Week | What You Need To Know Before Joining One
How You Can Possibly Not Lose Money In Options Trading? | How To Trade Options Safely For Passive Income
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
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)
[2022 Options Trading Review] 415k Loss, 211k Gain
In 2021, I totally did not expect to make so much money from my first year of doing options trading. I earned a total of 222k in total by the end of 2021. I also started this blog sometime in 2021 to share all I have self-learnt and what was working for me, in hope … Continue reading [2022 Options Trading Review] 415k Loss, 211k Gain
[Dec 22 Trading Review] -312.89K Loss In Earnings (Trades, Profits & Losses For December 2022)
December 2022 was my worst-performing month in almost 2 years of options trading as I cut a massive 333.8k of losses off my LEAPS Portfolio. I have shared the reasons in the below article on why I decided to close this portfolio despite having more than a year left on 50% of the options contracts:I … Continue reading [Dec 22 Trading Review] -312.89K Loss In Earnings (Trades, Profits & Losses For December 2022)
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
Chicken Genius: Tesla Going To USD$60 | How I Am Trading For Profits With Tesla’s Crash
In this latest video, Chicken Genius aka Ken Teng predicted that Tesla's share price may reach $60 in the coming months. This is due to Elon Musk going onto Twitter space and talking about prioritizing car sales over margins, which means Elon wishes to sell every car that Tesla made and the only way is … Continue reading Chicken Genius: Tesla Going To USD$60 | How I Am Trading For Profits With Tesla’s Crash
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)
Learning Investment With Jason Cai 