I wonder what he means when you are just starting out. Or if your bankroll is only $5k? That’d mean that my max trade according to the Funny Dogs Pisces Golden Retriever Zip And Rose Shirt. Don’t worry about what any of it means. Similar to your 401k Buy SPY whenever you can and do so pretty much until you retire. If you are young enough you’re guaranteed to be wealthy relative to your earnings. Honestly after reading so much and reading how “irrational the market is right now” for a beginner, listen to this man. I’ve seen too many people losing so much money on puts or calls or both and then they post later they lost $20,000, $50,000 in one trade and they can’t sleep or eat and they are constantly vomiting over stress. It’s truly horrible to read.
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I was fortunate enough to play an options trade to 45k in profit, I’m taking 25k of that and putting it into SPY immediately, or hell, even a Funny Dogs Pisces Golden Retriever Zip And Rose Shirt. You can still play around with more of that profit to make further aggressive, speculative plays, but good lord they blow their paper gains. It’s crazy, I think it’s mainly a psychological game. Like, imagine seeing $50,000 right in front of you. It looks glorious and it’s a lot of money. But we are dealing with numbers on a screen, we are talking pixels in size between $50,000 and $5,000. It’s that and the fact they get stuck in a WSB mindset and they want to ultimately flex their gains in the subreddit for karma.
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Then goes poof because they usually got lucky a Funny Dogs Pisces Golden Retriever Zip And Rose Shirt. Maybe that means absolutely nothing, but I personally want my index funds to follow as closely to the index they are going off of just so I can look at the index and have a really close approximation of what my ETF is worth at a glance. “Virus updates will matter most in the week ahead” yeah right. The headlines could read 50% of America dies due to corona and the market would be up 20% bc the fed would come out with a 10 trillion stimulus package. If I survived that scenario, I would immediately start investing in automation.
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