A great start to the new year! By far, my biggest ever gains over 3 weeks in my entire part-time trading career.
The power of trusting Bitcoin, TQQQ, TNA and UPRO deploying various option strategies (starting small with Bull Put Credit Spreads, then, Cash Secured Puts, then, Covered Strangles, then, Call LEAPS, then, assigned shares, then, overlay covered calls, etc. etc.) at the right time at the right place ...
Theory is neat, reality is very messy, very hard to explain, requires the strongest balls of steel when 5 digit profits turned temporarily into 5 digit paper losses, but it eventually works!
Let's see if in future, I can beat this kind of gains in just 3 weeks ...
Not the full account, just very high % returns in January.
ni ke Malaysia Baru? https://www.malaymail.com/news/malaysia/2025/01/21/as-ham-sandwich-row-festers-kk-mart-outlet-in-um-hit-with-red-paint/164119
4 hours ago
DividendGuy67
PS. you may not believe this, but in this account, I still trade with 15 min quote lag handicap ...
It is not a disability, if the handicap forces us not to do Day Trading, not to watch Price tickers (because it is 15 minutes old and history already), and to stay true to our longer term strategy.
If I have one advice to traders wanting to make higher returns - it is don't be in a rush to make monies. Learn the skills in a small account for as long as it takes ... start early, start young, stay curious, stay hungry. Explore, experiment, self learn because 99.999% of what I know today on financial markets are all self-learnt. Sadly, it is part of our journey to learn as much as we can from "gurus", books, internet that typically leads the majority to "holland" and only when our understanding is align with the objective truth and reality, that we stand a better chance.
Markets can do anything, but Bitcoin will always make new all time highs, and the same goes for S&P500 and Nasdaq-100 (but for the last 2, you have to know where you are in the bull market cycle and here, we may be in our last quarter cycle, so, confidence is lower as price goes high, but not Bitcoin).
FUD is real. Paper losses is fearful. Your only shot - to be a strong hand - is your beliefs and your convictions. And when markets give you a chance with very good odds, you have to be at the right size. Not small.
Don't over-complicate. But don't over-simplify too.
Good luck!
9 hours ago