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You are spot on. I kept my steady income stream trade on but tried to add in additional day trading that I normally don't do. My position size was fine but I did put too many trades on and it was more than I usually manage. The over-trading led me to make an entry mistake in my steady trade that...

Cash secured puts then covered calls... not a bad place to start if the underlyings are sound but during covid when we see blue chips swinging 50% the timing might be tough. I don't know what you are trading.

Are you the guy in my neighborhood with the PLAN B vanity plate on your 911? I forget the plate on the Ferrari... I think it had a purple heart. If that is you they are beautiful.

This is the perfect place to whine!! Many of us are like you and trade alone at home. My wife, like yours, is now stuck working from home with a much higher stress from her increased workload. Wanting to get her retired, and seeing her work so hard all day while now at home, has led me to...

I never liked selling calls without also selling puts but that's the neutral, mean reversion, max theta burn guy in me talking. For example if I was holding 200 shares I'd rather sell 1 call and 1 put than just sell 2 calls. Ideally I'd sell 2 on both sides but everyone option seller finds their...

Question is... did they turn their paper gain into a real gain or are they letting their winner run? Could we say the same for those smart traders that bought HTZ & JCP & LK this week? Hmmmm

Online gambling is all we have right now. Money is being made and lost daily in this casino. Buffet is right... you can't invest in airlines right now but you sure can gamble on them... place your bets!

I'd concentrate on doing well in med school as your income will likely outpace your market gains... at least early on. I'd likely tell you to dca into QLD and call it done but that is me. Good luck!

Whats your background? Trading experience? Expectations?

Best investment is into your financial education. So many free resources online and via podcast. Spend a few bucks on some good books. Avoid the charlatans of finance. Keep saving your money and learn how to manage your money.

This is a hard ass market. There will be life changing affects on traders and investors. Wealth will be created and destroyed by these markets. Like the Great Depression, family wealth will change. So many things will determine who survives and who dies... and those that just get by.

How rich is rich? Would you continue to trade if you hit your number? Would you trade differently?

I think we are still in the buy the rumor phase

you wouldn’t leave a broker that posted that email exchange online? I have left brokers for much less. This has been an entertaining thread.

I have read the book many times. It is sad he took his life. I'm glad he bought an annuity beforehand... it shows his passion to take care of his own and it wasn't all selfishness. So many good trading lessons that were shared before his death. I often wonder how much it affects my trading today.

Martingale so much funner

Nice! I closed mine. I don't have any shorts open right now.

It's not what you make it's what you keep. Wealth is time freedom. So many definitions of rich. Using trading account size as the yardstick is small thinking.

I really hope there is a way to avoid war but it is on my expected list.

War would not be a surprise.