|| "Financial Freedom Books" Series Author || Anti-Poverty || Options Trader || Long Term Investor || FREE articles and more https://xitter.cf/t.co/oh93v3htiG ||

All My Books Here 馃憠
Joined January 2021
5 books. Practical paths to Financial Freedom 1: How markets and the Wheel actually work 2: Advanced Options that build real cash flow 3: Beat the money myths in your own head 4: From $500 to Free, Sarah's real story 5: Turn your Retirement Accounts into a Paycheck
3
2
11
3,887
"Call credit spreads are inherently more dangerous than put spreads because markets trend upward and stocks can gap up overnight." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
2
452
The sector that was supposedly "the future" crashed before I could exit. Excitement feels wonderful, triggering dopamine. But boring, steady investing is what actually makes you rich. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 10
506
"Maximum 30% to 40% of portfolio at risk across all spread positions. This prevents over-leverage during volatility spikes." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
1
711
They weren't failures at all. They were tuition paid for my financial education. And because those lessons cost me something substantial, they stuck in a way that reading a book never could have. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 10
5
907
Some strategies were brilliant on paper with impressive backtests. Some were recommended by respected experts. But if I couldn't stick with the strategy, it didn't matter how theoretically good it was. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 10
4
1,078
"Roll down and out when challenged if your thesis remains intact, but never more than once or twice per position." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
3
1
3
1,345
"Sell the short put at 0.25 to 0.35 Delta for 65% to 75% probability of success. Use $5 to $7 wide spreads." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
1
11
2,448
I would put too much capital into a single trade because I was "sure" it would work based on my analysis. And when I was wrong, the losses were devastating to both my account and my psychology. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 10
4
1,192
"Put credit spreads for bullish income. Only sell when IV Rank is above 50, preferably above 60." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
4
919
I used to think I could force results through willpower and cleverness. The market doesn't care. It rewards patience, consistency, and people who can wait. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 10
3
895
"Expect protective puts to expire worthless most years. That's insurance, not failure. When crashes come, you'll be protected." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
1
974
They transfer wealth with knowledge because your children inherit not just money, but the understanding of how you built it. They can replicate your success for their own families. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 8
3
858
"Allocate 1% to 3% of portfolio annually to protective puts 10% to 15% out-of-the-money with 12 to 15 months to expiration." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
5
1,243
Every premium you collect lowers the effective price you paid for shares. They accelerate your compounding because every dollar of premium reinvested compounds over time. Options used correctly are a wealth accelerator, not gambling. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 8
2
1,120
Only sell puts on stocks you'd be genuinely okay owning. If you wouldn't buy it at that strike price, don't sell the put. This single rule will save you from disaster. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 7
1
2
1,112
"Protective puts offset 50% to 80% of losses during crashes and prevent panic selling at bottoms." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
1,182
Stocks down Volatility up Put premiums high Options Sellers You know what to do
2
3
1,702
"Never more than 5% to 10% per LEAPS position. Maximum 15% to 20% of total portfolio in all LEAPS combined." From Options Trading A to Z: An In-Depth Guide to the Technical Foundations and Strategies to Scale From $50K to $500K
1
3
1,274
Start small with one contract. Learn the system thoroughly. Build confidence gradually. Scale up only after consistent success. Don't rush to trade large size before you've proven you can execute the basics. How the Stock Market and Options Trading Can Transform You From Poor to Rich | Chapter 7
1
1,131
Benefits and Risks of daily usage of AI I was always under impression that more you ask = more you expose yourself to artificial being that one day might use years of characterization and study of their users against them. I think it is just a matter of time. @grok should we treat AI as our employee, not as the best friend or psychologist? Because we wouldn't share private family pictures with our employee, same as we wouldn't share our feelings, emotions, fears and deep beliefs. Also @grok in plain English explain how AI can use characterized database of its users against them, be it now or in the future
1
1,153