Option Drops

Get around a group of traders looking to improve daily: optiondrops.com/pricing

A question that separates real traders from pretenders. "What was your last losing trade and what did you learn from it?" If someone can't answer that, they're either lying or they're not tracking. Both are red flags.

@RavickMusic What the helly

@OptionDrops Redwire is an undervalued company🇺🇸🔭🛰️🚀

Tell me your unpopular trading opinion and I'll tell you if I agree.

@cdndctx Yupp exactly kign

@OptionDrops Totally agree and easily the best strategy for a 9-5er..

Hot take. The wheel strategy is the best options strategy for people who actually want to make money consistently. Sell puts on stocks you want to own. Get assigned? Sell calls. Collect premium both ways. It's not flashy. It works.

If you paper traded for 6 months and went live with $500 today, you'd be further ahead than someone who went live with $5,000 and no practice. Preparation beats capital. Every single time. Shortcuts cost more than the long road.

This communi

Gap ups and gap downs explained. Stock closes at $50. Opens next day at $53. That's a gap up. Something happened overnight that changed what people were willing to pay. Gaps often get "filled" meaning price returns to the pre-gap level. Not always. But often enough to w

The credit card companies aren't stupid. They designed minimum payments to keep you in debt for 20 years. A $5,000 balance at 24% with minimum payments takes over 20 years and costs over $8,000 in interest. Pay more than the minimum. Always.

Thursday morning reality check. Some of you are overcomplicating this. You have 15 indicators on your chart, 8 open positions, and 4 different strategies running at once. Simplify. One strategy. Mastered. That's all you need.

If you want to get ahead financially, automate everything. Auto invest. Auto save. Auto pay bills. Remove yourself from the equation. Willpower runs out. Systems don't. Build systems that work while you sleep.

Spicy question. Is buy and hold actually dead or are people just impatient? Because a $10,000 investment in the S&P 500 ten years ago is worth over $30,000 today. Without touching it. That's 200% return for doing literally nothing.

The cost of waiting to invest is staggering. Starting 5 years late on $300 a month at 10% costs you roughly $200,000 over 30 years. Five

RESPECT 💯

@Anonamoth Exactly lock in

@OptionDrops Okay?

We're 20 days into May.

Three numbers everyone should know by heart. Your monthly expenses. Your savings rate. Your net worth. If you can't recite those within 10 seconds, spend 20 minutes t

Anybody in this community trade while working a 9 to 5? How do you manage it? Swing trading? Alerts on your phone? Trading the open and then working? Drop your system below. Help someone who's trying to figure this o

The biggest account killer isn't a bad trade. It's a good trade that goes bad because you refused to sell. You were up 50%. Didn't ta