Weekly Newsletter   Challenge account   Weekly Newsletter   


Author Archive

Posted by Martin October 20, 2019

Equity Options

One trading strategy does not work all the time and in every market. There will be time when one strategy stops working and another strategy has to be used while waiting for new opportunity to trade the first strategy again. We traded SPX options lately, Iron Condors, Put Spreads, Call Spread, or Iron Flies, but Continue reading →

Posted by Martin September 02, 2019

Quarterly reporting

August is over. My trading was in a “damage control” mode as my trades got whipsawed. I made money, but not as much as I wished for. I also adjusted my trades to long term trades (45-60 DTE), although I take 0-2 DTE trades too but very little. I also reduced amount of trades to Continue reading →

Posted by Martin June 29, 2019

June 2019 financial freedom report

June 2019 finished fast and sound. I was following my path to financial freedom strictly, although I must admit, I got a bit greedy and did a few adjustments to collect more credits. These adjustments were not necessary and could potentially endanger my efforts to become financially free. I am aware of this deficiency and Continue reading →

Posted by Martin June 26, 2019

Strategy update

The recent strategy I adopted for my 5 year plan to freedom works perfectly. Well, I knew it would work. I have traded that strategy for about two years earlier in the days when I started trading options. That’s what I was taught by my mentor. I might have been financially free already if I Continue reading →

Posted by Martin June 01, 2019

May 2019 financial freedom report

May 2019 is over. For many this month was very difficult and a lot of people lost money, that was at least, what I have read in Facebook Groups. Of course, there were savvy traders and investors who made money in this volatile market. I made money too. In this month I met the goal Continue reading →

Posted by Martin May 22, 2019

My 5-year Plan to Freedom Update

At first I didn’t want to post the entire plan to my freedom because I was afraid. The numbers in the plan look so ridiculous that I was afraid that after posting the whole plan it would be ridiculed. So I decided to post it only a year by year. I would post a year Continue reading →

Posted by Martin May 05, 2019

April 2019 financial freedom report

April 2019 is in the books. In this month I met the goal as planned. There were a few changes I made which modified the entire plan:   1) I decided to combine my trading accounts into one. I closed my TD Ameritrade account (TD) and transferred funds to my Tasty Works account (TW). 2) Continue reading →

Posted by Martin April 17, 2019

Fed up with my own lack of discipline, putting down a plan to reach FI

I started trading and learning trading options in 2010… I think it was 2010. I made money, lost money, made money, lost them again.   In 2012 I thought I knew everything. I didn’t.   In 2014 I started my own trading business. I though I knew everything. I didn’t.   Then I made money Continue reading →

Posted by Martin April 15, 2019

Lending Club’s spike in defaults is a dead investment

When I started with Lending Club many years ago (pretty much when LC started) I was excited. I saw it as a great addition to my investment portfolio. I had a control over the notes I was invested in and I liked it. Then came some changes and investing in Lending Club’s notes changed to Continue reading →

Posted by Martin March 27, 2019

You will never please everyone… not at Wall Street

I borrowed this from Chris’s twitter: You often hear “when the Fed is raising rates, it is bad for stocks”, [it is bearish]. Now with the possibility of future rate cuts, we hear “you do not want to be long stocks when the Fed starts cutting rates,” [it is bearish].   You often hear "when Continue reading →