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If the order has been "filled" that means the order has already been executed. If you entered a position, like buying shares, you can execute a sell order to close your position. If you don't understand how to use your trading platform I would highly recommend using the paper money practice trading so that you can learn how to use the platform without risking your own money.

@@investingforthecommonman4533 I wish I could show you, that’s what I mean I have a buy and sell on GBP/USD in the order filled section but in open position section there’s literally nothing. It’s very confusing. Anything I right click on doesn’t me the close and replace option at the top, it just doesn’t even show. For the record I’m not blaming the software, I do think it’s probably just me being a dumbass. But it’s very annoying.

@@investingforthecommonman4533 Also thank you for getting back to me, especially on a video that’s 2 years old. 🙌

No problem, you should be able to use the drop down option chain menu to open the two expiration dates you are looking for and then hold "control" while you click on the bid and the ask of the two options you want. If you make a mistake, you can make adjustments on the order form that shows up down at the bottom of the screen when you click on the bid or the ask price of the option that you want.

Yes there is certainly a way to do it. Holding control is only a shortcut. I believe if you click on one of the options that is part of your strategy and go to the order form you can click on the button that says "single" and select the strategy you want to use from there.

Thank you for asking! The melody is from Aaron Copland's Fanfare for the Common Man. I myself am a professional French Horn player and recorded myself playing the arrangement of that melody that I use in my videos. I hope you enjoy. And if you are interested in more horn playing, you can explore my other RUclips Channel: www.youtube.com/@lukebaker137

The software is different for different platforms, but the functions are the same. I did not create the user interface.

Yes! The only difference from a Roth IRA and a standard investing account is the tax advantages when saving for retirement. In both types of investing account you pick the investments and have the freedom to invest your money however you see fit. If you are looking for a simple solution, investing in an index fund like SPY or QQQ is generally a recommended, hands off strategy.

Thank you for this question and answer. Was wondering the same. Say you hit on a stock like GME and it goes crazy. It’s still tax free at retirement and you don’t have to file taxes on it? Sorry I’m from Ireland new living in the US and trying to get up and running. Thank you for the videos

Yes it is still a brokerage account, but the government gives you this tax break to individual investors to give them an incentive and an edge when planning for retirement.

@@investingforthecommonman4533 thanks

A Roth IRA will likely be best for you. Those calculators can be a bit misleading. With a traditional IRA you get to deposit money before paying taxes on it, but you have to pay taxes on the principal and the growth that you are withdrawing during your retirement. With a Roth IRA, you go ahead and pay your standard income tax now, but then you don't have to pay taxes on the principal or the growth in retirement.

@@investingforthecommonman4533 Thanks so much. I just opened a Roth with TD bank. Never been more excited (and depressed) all at the same time. At 41 years old (even maxing out each year) it says I will not have enough. But, I know its better than nothing.

@@travisharrisphotography Your Roth IRA is just one tool in your tool belt, it does not have to be your only retirement savings account. You can still save money and invest in many other wealth growing assets. There is no deposit limit in a standard brokerage account.

@@investingforthecommonman4533 This is great advice. Yeah, I was thinking the Roth, is a no brainer (tax free in the end) so max that out each year from now on, no matter what (and make that the priority). Then, yes, keep a standard brokage account and contribute there as well. Perhaps have a mix in there of more aggressive assets (that I still need to figure out). Maybe I could have a % set to say the S&P, but then have some % in just a handful of specific companies that might trend well.

🤣 If you think you know better than heed words of caution, all the more power to you! Good luck out there, you will need it!

@@investingforthecommonman4533 You even said it’s exactly what insurance companies do. They are very profitable, despite paying millions or billions in claims every year.

I think you missed the point of the video. If you are out here on RUclips, trying to learn how trade naked options, then you are probably not experienced enough to safely do so. You would be better off learning about other risk defined strategies. (Like I cover in the more serious videos on my channel) I never said that it was impossible make money selling options. Insurance is similar to selling PUT options, sure. But insurance companies never insure things with no cap on its value like a naked CALL option.

It will just go into your brokerage account when you close the position or the option expires

A Roth IRA is an investment account, so your money will not grow unless you use the money you deposit in the account to invest in assets like stocks, bonds or mutual funds. you can deposit any amount each year, 6,000 is just the maximum you can deposit per year.

@@investingforthecommonman4533 Ah Ok got it thanks

If the price is in between your strikes then you can close the position for a small profit or loss in the last few hours before the option expires, or you can take assignment and sell the stock at market price on the next trading day (although this second option caries a bit more risk.)

You are correct. It is possible to use naked options effectively, and meme stocks certainly come with a much higher level of volatility. But we live in volatile times, even standard stocks can make sudden volatile moves under the right conditions. It doesn't matter if you have a 99% win rate, if 1 bad trade has the potential to wipe out the gains of 99 successful ones. This video is only meant to caution excited trading novices, bot prohibit the strategy in all circumstances.

Good for you, but I'm sure that first year of crashing and burning was not fun. I interact with too many people don't survive that painful learning period, and cannot in good conscience recommend those strategies to anyone new to trading.

Once you have deposited funds in your Roth IRA. You can use those funds to buy Index funds, Mutual Funds, Stocks or Bonds. One of the advantages of a Roth IRA is that you have the freedom to chose what your money is invested in, as opposed to a 401k. Even you leave your IRA funds in cash, then you will make a slight amount of interest similar to that of a savings account, but the main purpose of an IRA is to grow your money by investing it in the stock market or bonds. If you have questions on how to buy stocks or other assets within your Roth IRA account, I have made several videos on the subject.

If you are going to roll a position, you always have to do it before the contract expires, so before you get assigned. But often rolling isn't profitable. The point of cash secured puts and covered calls is that you are prepared to be assigned and buy/sell the shares.

So normally you have a few months after the year to deposit your yearly contribution. For a 2021 contribution, I believe you need to make you 2021 contribution before the end of April.

You should contribute to your 2021 IRA before you contribute to your 2022 IRA. You have until tax day (typically Apr 15) 2022 to contribute $6,000 to your 2021 IRA.

Have you logged into your TD account and looked?

This is a step by step guide for beginners. Once you know what you are doing, editing orders never takes more than a second or two.

What do you recommend. I hate how the simple options to edit seem to disappear and only let you edit certain parts only.

@@investingforthecommonman4533 How do you actually edit orders that were saved under the customs. The options to actually edit the conditions don't exit

Yes the Roth IRA is just a tax advantaged investment account. You still have 100% freedom to invest in your hard earned money in what you believe in. So you can choose whichever stocks or ETFs that best suit your investment goals.

Q2 No. You may contribute $6,000 to IRA and rollover *any amount* from old 401(k) to IRA.