...... I carried on profitably trading options my own way +40% last year.....
Would you kindly explain your own way?
Thanks
Hittfeld
p.s. Didn`t you run a website detailing this? If so, I lost the url. Please reload.
...... I carried on profitably trading options my own way +40% last year.....
40% a year! CAGR? Wow, hat off to you sir.I carried on profitably trading options my own way +40% last year.
I don't want to give away my 'banker' trades but I post trade ideas each week- having had a few losses since the Brexit debacle as I stpeed back and carried on proposing trades on the site that I'm not happy with. I took loss this week as the market went nowhere.Thanks
Don't believe it, there is no free lunch, at least not here in the US. They are selling subscriptions.There is a blog that explains about having income through options writing: https://earlyretirementnow.com/2016/09/28/passive-income-through-option-writing-part1/
...Both the buy-write and put-write indices are returns without commissions and bid/ask spreads. They barely beat buy and hold the SP500.
So a retail like me, after commissions and bid/ask, will do worse than buy and hold the SP500. How do I know? Been there done that...