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Archive for 2017

Posted by Martin May 15, 2017

How much money to trade for a living?

I decided to take a second part time job to raise capital. At first, I planned using loans (and I did it and took two business loans to use them for investing and trading) but the loans put a lot of pressure on my trading. Our accounts do not have large enough capital to generate Continue reading →

Posted by Martin May 11, 2017

Saving deep in the money puts, jade lizards, or strangles

If you follow my posts you remember that I advocate that investors should not be predicting the market or stocks. Such behavior has no place in the stock market. If you base your trading on predictions, forecasts, or magic, you are definitely set for losing your money. Many times I said here in this blog Continue reading →

Posted by Guest May 11, 2017

10 Reasons Option Traders Lose Money in the Market

It is a well-known fact that almost 80% of the options traders lose money and only the remaining 20% are successful. There are various reasons why options traders lose money including lack of market knowledge and the right trading skills. Also most of the traders tend to get emotional and do not follow a disciplined Continue reading →

Posted by Martin May 10, 2017

How Many Options Positions Are Too Many?

In our group a trader asked me a question how many positions a trader can open when selling put or call options using margin. Many investors and traders avoid trading on margin because they are afraid of it. Margin can be very helpful and boost your trading and results. It can also work against you. Continue reading →

Posted by Guest May 09, 2017

Not Ready For Retirement? Use These Tips To Save For Your Future

Too many people have found themselves in a position where they think that they simply do not have enough money to properly plan for their retirement. Sure, some people have more money than others. If you fall into the category of people who are not confident in their ability to save or invest money for Continue reading →

Posted by Martin April 30, 2017

April 2017 options income

Here we are again, the end of a month! I feel like I have no time and once I get the time and sit down to rest a bit, it is the end of month. Time to report my options trading income! April 2017 was very successful month. I made a lot of money while Continue reading →

Posted by Martin April 28, 2017

April 2017 dividend income

April dividend and options trading in our ROTH IRA account has been very successful. From the dividend income perspective it was the best month so far. Both incomes also helped the account balance growth although the stock market shows a lot of bearishness and fear. However, last few days in the markets boosted the value Continue reading →

Posted by Martin April 28, 2017

Why I stopped contributing to 401k despite “free money”

This post was originally published on March 13, 2017   As soon as I posted my article about flaws of 401k and why I stopped contributing to it I had a reader telling me that I forgot about 3% – 4% employer match which is free money. It is a good point from him and Continue reading →

Create your own mutual fund

This post was originally published on July 28, 2013   Have you been investing in mutual funds your whole investing career but recently you were thinking what it would look like if you start investing into individual stocks? Maybe your very first thought was diversification. Your account is still small and you won’t be able Continue reading →

Posted by Martin April 25, 2017

TECK short strangle

UPDATE: Apr 25, 2017 BTC 1 TECK Apr28 24.00 call @ 0.02 debit The company reported earnings this morning before market opening. The stock tanked almost 6%. This was great for our remaining calls. We closed our call side of the trade this morning. As of now, we are out of the entire trade for Continue reading →