@the_rugpull@TraderJonesy@galt_iv Finally, when @TraderJonesy calls out that his system is saying to go long, I will try to do the exact same thing but taking 2 month out calls ($10/con or so) and doing the exact same thing I did going short. Add on drops, take profit on pushes up.
If they drip this to 663, I am buying more calls.
Currently in 3/17 strike 673.
Will bring the strikes lower to improve the greeks if I need to depending on if they run this to 663.
675, 678 and 680 are my target zones.
Patience and proper risk management is required. If you start small, it allows you flexibility to build upon the position. If you size too big all at once? You are hurting yourself.
THANK YOU FOR YOUR ATTENTION TO THIS MATTER!
— TJ
#SP500#SPY#QQQ#TSLA#PLTR#NVDA#AAPL#Bitcoin#Crypto#stockmarket
@the_rugpull@TraderJonesy@galt_iv Basically, letting the trade play the rollercoaster. It goes up I add in. Comes down I take profits. My cost was so close at the high that they exploded on the way own
@the_rugpull@TraderJonesy@galt_iv I DCA into any trade. Most, not all, was made taking 2month out puts on SPY or Q. First 2 weeks of Jan tough, but I initially bought 5 cons at an average of around $10 per con (5kish). I would add 3-5 cons on big pops. As it came down I would scale out of the trade taking profits
@jamesryansec@TraderJonesy@galt_iv Same. My port was red. About a month before I joined his group I started to feel more disciplined with what I was doing. But was missing something. Biggest thing I got from him was patience and time. Don’t panic. If you lose you lose. Just keep them small
@TraderJonesy Stop pretending you actually make money buying options over a full market cycle. You don't. You're a compulsive gambler. Stop encouraging others to lose everything, as you will. Get a better hobby.