Know your ……………..

You have most likely been asked in life about your “learning style” Many Dr’s will ask you during an exam to see what you are doing to better yourself, especially in your mid life years, some professional careers will ask in their hiring process. That speaks for itself.

The $SPY trade that I placed here in July is doing well, The whole purpose of me sharing via this blog is 2 fold, To show others that you do not have to be a “rocket scientist mathematician” to invest using Options. But for me too, I learn the most when I have to PHYSICALLY WRITE IT OUT. and then articulate it in a manner others learn, and benefit from it.

Anytime we write something out it is embedded within us, makes it harder to forget. Easier to remember, that is why people make to do lists, shopping lists and written goals.

It was Albert Einstein who said “If you can’t teach it to a 3rd grader you don’t understand it yourself” I hope he wasn’t talking about his theory of Relativity because I wont be as smart as a 3rd grader there. But I do know Options, their pricing is one thing I am comfortable in saying that I am highly familiar with.

That is why we are currently up 55.81% on our $SPY Option Call since only July 18, 2021…… Think about it. The $SPY is only up 5.3% in that time. That is a 10 to 1 ratio….. Ten to one, any time I can get that I will take it.

You cant just buy any Options and expect a 10 to 1 ratio ( Option over Stock ) you can’t. doesn’t work that way.

I tell all Options traders / investors that I talk with, even ones with over 20 yeas of experience, “What’s the 1st rule of Options? KNOW your Options Chain” Look at it 30 seconds a day. then 45 seconds a day.. Each day, every day, 5 days a week…… After time you should begin to notice differences in price movements. When Black Swan events occur, when hurricanes or tropical storms hit, when oil falls, when gold rises, when The Fed gives us good news, those things can and do affect prices, you don’t have to know or understand to calculate them. But by simply watching your Options Chain by starting out at only 30 seconds a day, every day for each position..

Not saying that method is the “Holy Grail” I’m simply saying it is one of the ways of how I got started on my way to making 55.81% gains ( without babysitting ) in only 6 weeks when those with the stock only made 5.3%

Invest wisely, live charitably and be well

Brother Bill

#stocks #stockinvesting #stocktrading #stockmarket $SPY #options #optionstrading #optionsinvesting #money #moneymaking #finance #stocktraders #optionstraders

DISCLAIMER: All content provided in this newsletter, blog, webinar, video, chart, communication is for Educational and Entertainment purposes only. Nothing included or mentioned is meant to be construed or used as trading / investment / financial advice. Trading / investing carries risk of loss, losses can and do occur. NO recording aloud…Know your risk and risk of loss before taking on any financial endeavors. Past performance is NOT a guarantee of future success. I am NOT a licensed or registered financial advisor or tax accountant. Prior to making any trading / investing /  financial decisions you should always consult with your licensed and registered financial advisor and tax accountant. There are no recommendations or solicitations  to buy, sell or hold any stock, future, options or bonds or any other financial entity in this newsletter. Nor are there any recommendations on any type or way or method to trade / invest. You do not have permission to redistribute this newsletter without my written permission first.


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One thought on “Know your ……………..

  1. Great post! Hope all is well

    Eric

    On Sun, Aug 29, 2021 at 10:36 AM Investing With Faith wrote:

    > investingwithfaith posted: ” You have most likely been asked in life about > your “learning style” Many Dr’s will ask you during an exam to see what you > are doing to better yourself, especially in your mid life years, some > professional careers will ask in their hiring process. That sp” >

    Like

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