How to grow a small account trading options (step by step)

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  • Опубликовано: 25 окт 2024

Комментарии • 170

  • @GeoffreyChittenden-k8e
    @GeoffreyChittenden-k8e 23 дня назад +501

    What is the best approach to enter the market now as a beginner with more or less than $8,000

    • @RolandoHalaand
      @RolandoHalaand 23 дня назад

      You need a pro or very goodTrader. Someone like Selene Amanda Coman

    • @bhjmkiolpsdedhamkiolpsdea5135
      @bhjmkiolpsdedhamkiolpsdea5135 23 дня назад

      There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.

    • @WileyRaymond
      @WileyRaymond 23 дня назад

      Almost gave up due to constant losses, but Selene turned my luck around

    • @WileyRaymond
      @WileyRaymond 23 дня назад

      Steadily getting up to 11k monthly now

    • @BrendaGreen-e5g
      @BrendaGreen-e5g 23 дня назад

      Meeting Selene Amanda Coman changed my life. I was barely able to make rent now I'm looking at houses to buy

  • @AndrewHenry06
    @AndrewHenry06 Месяц назад +242

    I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

    • @ChristopherFrank3
      @ChristopherFrank3 Месяц назад

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @LindaPatricia02
      @LindaPatricia02 Месяц назад +1

      The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.

    • @Daneilchirs2
      @Daneilchirs2 Месяц назад +1

      Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

    • @LindaPatricia02
      @LindaPatricia02 Месяц назад

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

    • @Daneilchirs2
      @Daneilchirs2 Месяц назад

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

  • @chionyenkwu2253
    @chionyenkwu2253 5 месяцев назад +13

    Hi, great video, with lots of clarity and detailed steps; however the part about the Credit Spread management was a summary --> most important part of the whole thing; please expand on this with specific, detailed examples ?

  • @dritanvarfi5274
    @dritanvarfi5274 2 месяца назад +2

    Very valuable tutorial. Much appreciated Tony. Had to rewind here and there but everything is pretty clear.

  • @Christensen554
    @Christensen554 3 месяца назад +37

    This time last year I considered getting into options without much knowledge and decided to have a consultation with a trade analyst, and it was incredibly insightful. One year and a couple of months in, and I'm debt free. I truly cannot stress enough how helpful experts in this field are! Keep them coming brother.

    • @Donnierra
      @Donnierra 3 месяца назад +2

      To be honest, I've had a hard time grasping the basics. What insights did you gain, and how are you doing it?

    • @Christensen554
      @Christensen554 3 месяца назад +4

      It’s not rocket science. As I said previously, I got into options myself but wasn't getting the results I wanted the first couple of months. Got tired of taking losses and decided to seek mentorship from Jonas Herman, a certified trade analyst who helps oversee my investments in ways that make me good roi. Now I sit back and reinvest at intervals while I focus on my 9-5.

    • @Pathston
      @Pathston 3 месяца назад +3

      Sounds like I need help so bad. To me, options are not worth it and I know that's the same mindset holding me back from taking a step forward.

    • @Roymysterio
      @Roymysterio 3 месяца назад +3

      People often mistake hubris for actual knowledge when it comes to options trading and I don't even blame them because there's an influx of false info on the internet today. Unfortunately, it hampers rational decision making. He is one of the bright ones, providing me with a great deal. Indepth investment strategies are just one of the many components.

    • @Vikturneer
      @Vikturneer 3 месяца назад +1

      Is he taking new traders? I'd like for him to guide me. How can I learn more about his service?

  • @WAYNEYONG-i9k
    @WAYNEYONG-i9k 4 месяца назад +3

    How do you select the deltas and what is the width of your spreads?

  • @dek2000utube
    @dek2000utube День назад

    Do you ever combine this with fundamental analysis?

  • @aaronraphael2765
    @aaronraphael2765 4 месяца назад +3

    Miss you on weekly options so was nice to find this
    I say to ask folks to put something in the chat if they don’t understand. How do you everyone hit 1,2 or 3?

  • @edmandell3064
    @edmandell3064 11 дней назад

    Great video. When you say 1/3 of the vertical width. Isn't another way of looking at that is you want your Delta above 33 ?

  • @42santana
    @42santana 4 месяца назад +3

    Can you please explain the margin amount required by buying the puts

  • @Business12man
    @Business12man 22 дня назад

    Can you use the Think or swim platform with optionsplay?

  • @jitendraPATEL-t4l
    @jitendraPATEL-t4l 4 месяца назад +2

    what platform do you use

  • @alansonchurch3000
    @alansonchurch3000 3 месяца назад +2

    Tried to sign in, not able to. Havent given up, Try again Monday.

  • @armegaz
    @armegaz 2 месяца назад

    Do we sell as soon as it goes up or hold it for a few days? Thanks

  • @alansonchurch3000
    @alansonchurch3000 3 месяца назад

    Nice to see you on this site Tony! Great teaching always.

  • @vsquad2012
    @vsquad2012 5 месяцев назад

    Thank you for the education! Is there some sort of record of the performance of the credit spreads? Or for any of the featured trade ideas available on the platform?

  • @Oct-jy4dz
    @Oct-jy4dz 5 месяцев назад +1

    Do you mean if an OCO order is placed, 50% of the premium will be a target exit and 100% of the premium will be a stop loss?
    I used to have a FirstTrade account. Are they still providing the same trading platform as yours? Thanks.

  • @albertodeulofeu5277
    @albertodeulofeu5277 4 месяца назад +2

    21:41 yes, but your actual risk is less. Lower delta = higher chance of your trade winning

  • @marksibert305
    @marksibert305 4 месяца назад +2

    Do you ever break up the spread? I mean that since you sell and buy at the same time, have you been tempted to buy the sell at a different time then sell the buy later?

    • @zhangpe1
      @zhangpe1 4 месяца назад +1

      youve got to be careful. selling the long before you sell the short might be a bad idea as you might not have the buying power to go naked.

  • @edwinbab3205
    @edwinbab3205 3 месяца назад

    For weekly income is it better trade weekly options or not and how have consistent weekly income

  • @722guy
    @722guy 3 месяца назад

    can your system also trade automatically?

  • @jackhudkins542
    @jackhudkins542 3 месяца назад +1

    great commentary...thanks!!

  • @medusaskull9625
    @medusaskull9625 3 месяца назад

    Which broker allow you to buy a single option contract?

  • @aggie22
    @aggie22 5 месяцев назад +17

    So many comments from Bots on financial channels! Be careful!

    • @MindfulMatters734
      @MindfulMatters734 5 месяцев назад +9

      They're everywhere! Fake unrelated replies to each other to make it seem like a legitimate conversation is going on. Ask ANY of them something and they won't respond, and the last couple of replies lead to the person they want you to contact on something like Whatsapp for example. What a joke 🤣

    • @absurdnerd7624
      @absurdnerd7624 4 месяца назад

      ​@@MindfulMatters734I agree. They are very easy to spot. In my opinion it is proof that Google/RUclips either has a very inferior AI model or they are in cahoots with the scammers.
      Perhaps it is a combination of both. After all, for the scammers with the fake websites they pay Google to promote it in the search results.
      I fault folks like that raging Bull Jim Cramer. Whenever he "interviews" the Google CEO he is too busy with the mutual a$$ kissing to put them on the spot.

    • @et_phonehome_2822
      @et_phonehome_2822 3 месяца назад

      @@MindfulMatters734Google need to crack down on these spammers.

    • @jenniferisabell2652
      @jenniferisabell2652 2 месяца назад

      The fact that he hasn’t responded to any comment shows that 😅 what a shame

    • @edthom2210
      @edthom2210 2 месяца назад

      @@MindfulMatters734 A waste of time if these RUclipsrs do not reply. They just want subscribers to make money.

  • @GeorgeMcNeil-o6p
    @GeorgeMcNeil-o6p 3 месяца назад

    Couldn't you be assigned the stock?

  • @CptCarbon
    @CptCarbon 3 месяца назад

    If you sell this credit spread on a share, do you have to manually trigger the buy put option for 77$ in this example? Or is it automatically done by the broker, if the price goes below 77?

  • @pohu6296
    @pohu6296 Месяц назад

    What is membership fee per month

  • @motrock93b
    @motrock93b 3 дня назад

    I like this video quite a bit, but would like to point something out. There's no free lunch in the market. Yes, you can choose spreads which increase your profit margin on these credit spreads, but they will very likely come with a lower percentage of trades going in one's favor. There is very efficient arbitrage in the market to balance out any inefficiencies. That's not to say this is a bad strategy, because I think it has great merit. Just be aware that things always balance out. Good luck out there!

  • @GammaVegaTheta
    @GammaVegaTheta 3 месяца назад +2

    Why recommend this strategy to all trading skill levels if Fidelity won't approve new traders for Level 2 options trading, required for putting on spread trades?

    • @markmitchell6534
      @markmitchell6534 Месяц назад

      I have same issue with Fidelity! Just trading covered calls and cash covered puts until they feel I have enough experience to trade vertically credit spreads under Tier 2.

  • @Thechargingbull
    @Thechargingbull 2 месяца назад +3

    the audio is horrible

  • @chinaubt
    @chinaubt 2 месяца назад

    thank you very much

  • @jenniferisabell2652
    @jenniferisabell2652 2 месяца назад

    So you’re saying that it costs $8,000 to sell an option contract but you’re saying that you have to do that and buy one? Or am I confused.

  • @MsSly66
    @MsSly66 3 месяца назад

    It seems that a bit of improvement in sound quality is necessary!

  • @alwaysforward28
    @alwaysforward28 2 месяца назад

    does anybody know why closing a trade at 21 days at the latest is recommended?

  • @ColeHauser-kl3wl
    @ColeHauser-kl3wl 4 месяца назад +8

    Hit 200k today, a good day to relax and enjoy with the family . Thank you for all the knowledge and nuggets you had thrown my way over the last few months. Started with 14k last month

    • @melb7939
      @melb7939 4 месяца назад +2

      Please share what you traded and how you do this!

    • @zhangpe1
      @zhangpe1 4 месяца назад

      @@melb7939 all i got to say is that risk and reward are never too far from each other.. to gain this much profit means there were huge risks taken. that said... selling options when the vix is high is usually a better time. trade highly liquid assets, id suggest a delta neutral portfolio with a bias towards long/positive delta.
      but then again, ive only recently started... there's that.

  • @segunijifisayo1091
    @segunijifisayo1091 3 месяца назад

    For those of us that are new in trading, Can you run a demo from your demo account please?

  • @Karpo505
    @Karpo505 Месяц назад

    Bollinger bands?

  • @lizlemon9632
    @lizlemon9632 5 месяцев назад

    Excellent instruction.

  • @FlimsTV
    @FlimsTV 5 месяцев назад

    Thanks

  • @jerryli20
    @jerryli20 5 месяцев назад +2

    great !

  • @edwinbab3205
    @edwinbab3205 5 месяцев назад

    What is ken grif citadel use to make big profits

  • @sandedom339
    @sandedom339 13 дней назад

    The chart you are showing is already happened and you are showing retrospectively, that if we would have sold spread at dip, we would be profitable, but during real life it is prospective, and how do we know that dip is not going further dip for long time?

  • @rafaelosorio2251
    @rafaelosorio2251 5 месяцев назад

    What happened with the other channel? (OP Canada)

  • @arung186
    @arung186 4 месяца назад +1

    the price is always 20 minutes behind the market.

  • @sevabe1867
    @sevabe1867 4 месяца назад

    Informative but too long video

    • @zhangpe1
      @zhangpe1 4 месяца назад

      that's why you watch at 1.5x. lol

  • @MsGorteck
    @MsGorteck 4 месяца назад +2

    Even if you are not wanting to PDT, the amount of money required by your broker can be prohibitive for many people. He talks as though everyone has that kind of money. To be fair, he probably only WANTS to deal with those individuals.
    Having said all that the concepts he is showing and teaching are good, one might need to work outside of his box.

  • @stevefulton3472
    @stevefulton3472 24 дня назад

    Yes

  • @sandedom339
    @sandedom339 13 дней назад

    CELH is example, look at that chart, what happened now

  • @collchu2010
    @collchu2010 4 месяца назад

    IoI, if I could spot the Higher Lows in XLC chart, I would have not traded credit spread. I would simply buy the ETF or buy call to get the juice in order to get capital gain. In BABA chart, you sell ATM put and that candle is a red big candle which is a falling knife, It is too risky to assume it will turn around, even though you protect the sell put by 77 dollars buy put. For a beginner, it is a big mental stress when he see the price kept dropping and showing unrealized loss. Besides, you did not explain why you sell put at that price and big red candle. Why???😵😵

  • @mmaroof3
    @mmaroof3 4 месяца назад

    1
    Thanks

  • @vanillalatte6756
    @vanillalatte6756 3 месяца назад +1

    How come you never talk about if the stock price falls in between your two legs? That’s the biggest risk. You may get exercised on the short leg and can’t exercise the long leg. Some people may burst their accounts.

    • @Alphablacksea
      @Alphablacksea 2 месяца назад

      Because the spread is closed at 21 DTE, you almost never get assigned.

  • @oceanscaper
    @oceanscaper Месяц назад +1

    Why would a successful trader need money from a you tube channel?

  • @raymondmcevoy8209
    @raymondmcevoy8209 25 дней назад

    4

  • @stevefulton3472
    @stevefulton3472 24 дня назад

    3

  • @albertodeulofeu5277
    @albertodeulofeu5277 4 месяца назад

    11:03 that baba put credit spread was no good.

  • @tmccart1
    @tmccart1 5 месяцев назад +1

    ATM with Alibaba...lol

  • @chionyenkwu2253
    @chionyenkwu2253 5 месяцев назад

    you win nothing if ratio is 2 to 1....

  • @jonasbaine3538
    @jonasbaine3538 2 дня назад

    I have $4.

  • @KAIZADSANJANA
    @KAIZADSANJANA 4 месяца назад +1

    1

  • @steve99912
    @steve99912 5 месяцев назад +2

    Lol 5 to 7000 nice

    • @steverosas1553
      @steverosas1553 5 месяцев назад

      in 6 Days.!!!

    • @begebel
      @begebel 5 месяцев назад +3

      Exactly. Thumbs down for me. Click bait 😢

  • @liongteckming3489
    @liongteckming3489 3 месяца назад

    2

  • @vertigo2894
    @vertigo2894 4 месяца назад +2

    EASY! Be a fake youtube trading "guru" and make money from views 😅. You don't make any money from trading, it's all views.

  • @PVT888
    @PVT888 3 месяца назад

    wtf is with the thumbnail? clickbait much. with credit spread you will also need to have the collateral to cover the spread. a $5 spread like this example requires you to have $500 set aside.

  • @HT-ud4fx
    @HT-ud4fx 4 месяца назад

    You won’t have anything but you will be happy.

  • @jdfs5261
    @jdfs5261 3 месяца назад

    Guys these are all not going to happen. Don’t waste your time on these kind of videos.

  • @donaldlyons17
    @donaldlyons17 3 месяца назад

    What's up with the thumbnail $5 to $$$$ in just 7 days? Does anyone else find that extremely problematic? What he is WTF..... WHAT!!!

  • @mihirpatel5329
    @mihirpatel5329 5 месяцев назад +1

    Bs

  • @chicago9458
    @chicago9458 3 месяца назад +1

    This channel becoming more scammy with thumbnails like everyone else. There is no one literally no one who makes from 0 to 7000 in one week.

    • @donaldlyons17
      @donaldlyons17 3 месяца назад

      Yeah I was very suspicious of the thumbnail. But with thumbnails creators have an issue... TO Be Honest and not get views, likes, comments, subs, sponsorships because often stuff is linked to each other or do click bait and increase their odds... That is like asking many people would you rather make $18 an hour or make $22 a hour for literally the same job!!

  • @BethrandPaul
    @BethrandPaul 5 месяцев назад +7

    Thanks for the update.I really appreciate the dedication in each video you post.The first step to successful investing is determining your goals and risk tolerance, To be successful in markets, traders should understand the crossover between asset classes & liquidity flow.. You have changed my entire life and I continue to preach your name. Now I can say that thanks to Ms. Eunice Berthold I am improving my understanding of this whole world and making new big profits every week.

    • @BethrandPaul
      @BethrandPaul 5 месяцев назад

      She's mostly on Telegrams, using the user name

    • @BethrandPaul
      @BethrandPaul 5 месяцев назад

      EuniceB3

    • @GraceIke-fj9by
      @GraceIke-fj9by 5 месяцев назад

      I am impressed by the way expert Eunice Berthold conducts business and makes statements. And I really like her quick answer

    • @lamar-jl1cy
      @lamar-jl1cy 5 месяцев назад

      Many people downplay the role of Advisors until their own emotions burn them out. I needed a good boost to help my business stay afloat, so I looked for certified advisors and found a reputable MRS Eunice Berthold, which helped me a lot to increase my reserves so far, from 270,000 euros to more of 600,000 euros, despite current inflationary factors.

    • @claud55575
      @claud55575 5 месяцев назад

      She deserves more awards and I was looking through the comments and saw this. I tried it and never regretted it. She is the best.

  • @mmaroof3
    @mmaroof3 4 месяца назад

    3
    Please reimburse my 1500 dollars

  • @r.martinez6562
    @r.martinez6562 25 дней назад

    This is total BS in my opinion

  • @et_phonehome_2822
    @et_phonehome_2822 3 месяца назад

    RUclipsrs are here to make money, take everything with a grain of salt.

  • @Ricado-pp1wn
    @Ricado-pp1wn 5 месяцев назад +5

    I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family

    • @TingleyAshley
      @TingleyAshley 5 месяцев назад +1

      Wow that's huge, how do you make that much monthly?
      I'm 37 and have been looking for ways to be successful, please how??

    • @Ricado-pp1wn
      @Ricado-pp1wn 5 месяцев назад +1

      Yeah, since meeting expert Judith Ginsburg, I now agree that with an expert managing your portfolio, the rate of profit high, with less risk.

    • @Ricado-pp1wn
      @Ricado-pp1wn 5 месяцев назад +1

      I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

    • @Ricado-pp1wn
      @Ricado-pp1wn 5 месяцев назад +1

      She's a licensed broker here in the states.

    • @Ricado-pp1wn
      @Ricado-pp1wn 5 месяцев назад +1

      After i raised upto 125k trading with her, I bought a new house here in the states also paid for my son's surgery (Kelvin) glory to God.

  • @philip6106
    @philip6106 4 месяца назад +1

    Don't do it it is a scam

  • @mmaroof3
    @mmaroof3 4 месяца назад

    Please reimburse my $1500, I donot want to take Legal action as yet.
    Mohammad Maroof
    Thanks

  • @miker7808
    @miker7808 4 месяца назад

    this is crap

  • @mmaroof3
    @mmaroof3 4 месяца назад

    2
    Please return my annual subscription of 1500.dollar(I may have to take Legal action)M Maroof.

  • @begebel
    @begebel 5 месяцев назад +2

    Click bait. Thumbs down on this one. This guy usually good but his strategies are slow and steady. Must not be getting a lot views/buyers so they decided to go click-bait route. Stay your in niche man and leave the fast money to WSB!!!😂

    • @kbram7363
      @kbram7363 5 месяцев назад +2

      huh? What are you talking about?

    • @begebel
      @begebel 5 месяцев назад

      @@kbram7363 Did he show you in the video how to go from $5 to $7000 in 7 days like the thumbnail claims? That's the very definition of click bait, mate 🤣

    • @absurdnerd7624
      @absurdnerd7624 5 месяцев назад +1

      It seems that you missed the fact that his target audience is customers on Fidelity and part of a weekly series.
      And in case you don't know, Fidelity customers tend to be more conservative investors.

  • @PonderDuke
    @PonderDuke 4 месяца назад +1

    In the meantime BABA dropped again to 78.34, below breakeven. Luckily there's still time to expiration.

    • @et_phonehome_2822
      @et_phonehome_2822 3 месяца назад

      If the underlying is choppy, even if right in target price, you can lose money. Pay attention to the Greeks.

  • @IlyaByk83
    @IlyaByk83 5 месяцев назад +7

    Dude, I just need $25K to lift my PDT restrictions.. Cash Account is out of question for me.. Can I have $25K for 3 weeks?? I just need to be able to daytrade...

    • @michaelprivette9847
      @michaelprivette9847 5 месяцев назад

      You may know this, but with options your money resets DAILY…. You don’t have to wait 2 days like you do with shares…. So you can Daytrade your entire account everyday….. now I’m with you…., I WISH I could just get in and out as many times as I wanted all day….. but I guess gotta do what ya gotta do.
      Edit: This is with a cash account of course
      Edit #2: it may be different for different brokers…. But I personally do this with Robinhood and TD Ameritrade/Schwab/Thinkorswim

    • @michaelprivette9847
      @michaelprivette9847 5 месяцев назад +2

      Actually I think today was the beginning of money settling every day EVEN ON SHARES,

    • @IlyaByk83
      @IlyaByk83 5 месяцев назад

      @@michaelprivette9847 WHAATT???

    • @Tha.Black.Profit
      @Tha.Black.Profit 4 месяца назад

      Futures trading is the way.
      No options Greeks to worry about nor PDT restrictions as long as you get the direction correct. Topstep/Apex are prop firms you can use to trade with their capital and keep most of the gains.

    • @mccanncornel2551
      @mccanncornel2551 4 месяца назад +2

      Turn restrictions off u wont regret it…i feel way more free trading now…

  • @SarahBlythe-r9h
    @SarahBlythe-r9h 3 месяца назад +96

    What is the best approach to enter the market now as a beginner with more or less than $8,000

    • @MichaelHawthorne-x6e
      @MichaelHawthorne-x6e 3 месяца назад

      True, almost gave up due to constant losses, but Amanda turned my luck around

    • @JessicaRavenscroft-z7g
      @JessicaRavenscroft-z7g 3 месяца назад

      Meeting Amanda Katherine changed my life. I was struggling to make rent now I'm looking at houses to buy

    • @SarahBlythe-r9h
      @SarahBlythe-r9h 3 месяца назад

      Please share how I canreach out to her

    • @michaelwoythaler
      @michaelwoythaler 3 месяца назад +1

      Nah, just donate your $8k to charity of your choice. Don't be scammed.

    • @saidmohamed9792
      @saidmohamed9792 3 месяца назад

      Don’t trust these people, there is no Amanda, it’s a scam… spend more time on doing research and learning and start trading slowly with Les risk.

  • @raymondmcevoy8209
    @raymondmcevoy8209 25 дней назад

    3

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    @chionyenkwu2253 5 месяцев назад +1

    1

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    @FlimsTV 4 месяца назад

    3

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    @liongteckming3489 3 месяца назад

    1

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    @FlimsTV 4 месяца назад

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    @jitendraPATEL-t4l 4 месяца назад

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