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  1. Longcat1982

    When do you withdraw your profits to your savings account?

    I've heard recommendations that you should withdraw your profits from your brokerage account periodically rather than keep reinvesting them to produce a steady stream of income. As a noob, what the best time to withdraw? When you've broken even? Say you start with $10000 in Sept 2008 and...
  2. Longcat1982

    Will this naive option strategy work in practice?

    Suppose you start with a brokerage account with some cash. 1) Sell a bunch naked put options and hope they all expire out of the money. 2) When you're faced with a margin call, sell more naked puts until your account value is at $0 or higher Go to #1 The basic premise is that when...
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