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| Helpful tips for beginner traders on how and what I look at to grow my portfolio
Who doesn’t love making money, right? I mean, literally almost out of thin air when trading options, right? LOL. In my day job as a dentist, I make something like $625 a day, or about $5,000 every 2 weeks. Well, when I day trade, I make between $500-$3,000 … in a morning. Why am I still even working?!! LOL
Well, the truth is, I still need the health benefits, insurance, etc.
Thinking back to when I considered myself a “beginner trader”, I wish someone could have just told me a sure-fire way to trade and have a high chance of success. I’ve seen and tried them all, from Fibonacci, trends, candle patterns, volume and open interest, heat maps, oscillators, option flow … you name it, I’ve tried it.
I’m here to just show you what has been working for me.
I did not invent it, lots of traders do it. It is not really a “secret” and this information is already ‘out there’ on YouTube if you know where to look. So, this is just my version using the Trading Toolbox platforms to maximize my chances of success and profitability.
I don’t really take swing trades anymore in my primary account, but I will do those in my IRA, whether with stocks, options, or covered…