In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Whitney Eston valuable insights and daily trade signals, coupled with my commitment to continuous learning. Kudos to the journey ahead!
The key to financiaI stability is having the right investment suggestions for a diverse portfoIio. Many investment failures and losses happen when you invest without proper guidance.
you work for 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k into trading from just few months ago and now they are millionaires..,
exactly ,In as much as making money is a lot easier through investment, investors often tend to overlook the importance of getting a skilled entity which serves as guidance against risk and that is a major factor to be considered when investing
I trade Small Caps. Rode MBIO today from .31 to .91 I'm ready for a change and am learning Futures. Eventually I flip the switch to Futures full time. It took me 4 months of 12hr days to learn Small Caps and to be successful.
I agree futures are a lot better. Another point to consider is that if someone REALLY wants to fine tune their options trading, and optimize their risk to make up for the lack of certainty about risk like futures offers... they'd have to dig deep into fully understanding all the greeks that determine how calls & puts are priced, and how that could impact their contracts' change in price (or lack thereof). And then during the day, they need to look through the options chain based on all sorts of things like implied volatility, delta, theta, etc. and pick a contract according to what suits their conditions... But that's the problem.. at that point your attention is taken away from the chart itself and put towards the options chain. And sure, you can sometimes get away with just buying whatever is at the money, 1-2 days out.. but that's highly difficult to do consistently because you have to time it well and get a sizeable move. Also: sometimes just buying whatever is at the money can cost $200 per contract, and other times it can cost you $500 per, so that's another wrench thrown into the mix. Futures all the way.
@@kfjmb That's not a "problem" with futures. If you want to trade a company stock, then no shit, you have to trade the company stock or its options. That's not a futures problem. It's like going to the gym and claiming the problem with gyms is that they don't sell fruits and vegetables.
Recently switched to Futures. Enjoy the content! Prop firms are possibly an avenue for Future traders to secure funding and then fund themselves later if successful. I also seen you in another RUclips video being considered one of the class selling schams on RUclips. I think you're doing great and you provide a lot of valuable information free. Keep doing your thing bro.
the 543 call your showing in the video wasnt ATM during the entry in. It seemed it was only in ATM at the EOD when your filming the video. But yes I agree with you that options are only good for stocks like NVDA, TSLA, SMCI, AMD and others you cant trade on futures
There are some things I didn't know about Futures, now I do. I'm sticking with options for now, because that's what I know. Maybe futures late next year or 2026. I'll use Futures for Day Trading and Options for Volatile days and for Swing Trading. I use TOS as my trading platform as you do. Question. Did you Manually mark off (draw) the Stop loss, Long, and Target points on your chart ( 11:33 )or did you use a tool in TOS to do this?
REPEAT+CONSISTENCY=PROFIT‼ this is key to me to be able to manage risk! I would love to see a video from you on how easy it is to get started with futures and how much is ideal in this inflationary present? I'm reflecting on hearing you talk about this in the class lessons and I wish I had pressed to get started then but I'm convinced now after several decay contracts and this video! SO SIMPLE YET SO MISUNDERSTOOD! THANKS AGAIN FOR THE SIMPLICITY‼‼
Carmine what if you choose an expiration that’s say 5 days out or 7 days out where time decay doesn’t affect as much? Sure percentage gain is less than 1DTE but maybe that resolves that issue of losing value with sideways trading?
I agree if your trading 0dte SPY or QQQ. The time will eat up your options quick in consolidation. This is why I buy option that expire the next day. Less time decay. It's a give/get type of thing with options especially 0dte. Even trading TSLA, NVDA, AMD, or any other option contracts I don't recommend trading 0dte unless your willing to risk 50 percent of your position on a trade, if your stop is reasonable.
Is it worth the $400 dollar win if you have to maintain around $11,000 in your account? If you choose an option with a short expiration date but far enough that its not effected by Theta and making sure the IV is low enough for a move in the S&P 500 or NASDAQ to mimic the price action in those instruments. I feel like an the money call/put costs less and could potentially gain more than only making around $400 with a high maintenance. Would it still be worth it to trade futures?
Options don't "grow an account faster" any more than they can drain your account faster. Suggesting "grow account faster" like it's a benefit is nonsensical.
Options are basically a gamble. Futures are short term trade of stocks on leverage / margin. But, nothing as safe and profitable as medium to long term investment. Just buy a bunch of stocks when they're low and exit off when they recover. Keep some extra money to average each stock in your portfolio until $0.01. Simply add more at every fall... Example: Buy stock X at $100 for $1000. Keep another $1000 for the same stock on standby. If the stock rises and you are in profit and exit it, just do so, take profit and move on to next one. If the stock falls by say 10%, then add $100 worth of stock from the standby money and when stock falls 20% from your initial bought price, then add 10% more and so on. This way, your breakeven will keep falling lower and lower. Now keep target at the initial price of $100 and exit with profits and enjoy!
If risk management is the cornerstone of a successful trader why would you trade options? Every answer you have is gambling oriented. You got some degenerative habits. You can do it as many have but not unless you’re willing to have inconsistent losses .
In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Whitney Eston valuable insights and daily trade signals, coupled with my commitment to continuous learning. Kudos to the journey ahead!
She's mostly interacts on Telegrams, using the user-name...
@WhitneyEston
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
A better way is to get proper guide!!!! The most important thing is the technicality and Whitney Eston keeps proven herself.
The key to financiaI stability is having the right investment suggestions for a diverse portfoIio. Many investment failures and losses happen when you invest without proper guidance.
you work for 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k into trading from just few months ago and now they are millionaires..,
the thing about being successful is working towards it smartly and not just talking about it
i've been trying to trade but i keep making losses and it's frustrating
Trading is easy, but trading the right coin without a time-tested strategy of a broker is incredibly hard.
exactly ,In as much as making money is a lot easier through investment, investors often tend to overlook the importance of getting a skilled entity which serves as guidance against risk and that is a major factor to be considered when investing
can you recommend a guide for me?
Futures all the way
I trade Small Caps. Rode MBIO today from .31 to .91 I'm ready for a change and am learning Futures. Eventually I flip the switch to Futures full time. It took me 4 months of 12hr days to learn Small Caps and to be successful.
I agree futures are a lot better. Another point to consider is that if someone REALLY wants to fine tune their options trading, and optimize their risk to make up for the lack of certainty about risk like futures offers... they'd have to dig deep into fully understanding all the greeks that determine how calls & puts are priced, and how that could impact their contracts' change in price (or lack thereof). And then during the day, they need to look through the options chain based on all sorts of things like implied volatility, delta, theta, etc. and pick a contract according to what suits their conditions... But that's the problem.. at that point your attention is taken away from the chart itself and put towards the options chain. And sure, you can sometimes get away with just buying whatever is at the money, 1-2 days out.. but that's highly difficult to do consistently because you have to time it well and get a sizeable move. Also: sometimes just buying whatever is at the money can cost $200 per contract, and other times it can cost you $500 per, so that's another wrench thrown into the mix. Futures all the way.
Only problem with futures is the selection of securities to trade. If you want more than NQ and ES and to trade individuals.
@@kfjmb That's not a "problem" with futures. If you want to trade a company stock, then no shit, you have to trade the company stock or its options. That's not a futures problem. It's like going to the gym and claiming the problem with gyms is that they don't sell fruits and vegetables.
Recently switched to Futures. Enjoy the content! Prop firms are possibly an avenue for Future traders to secure funding and then fund themselves later if successful. I also seen you in another RUclips video being considered one of the class selling schams on RUclips. I think you're doing great and you provide a lot of valuable information free. Keep doing your thing bro.
Carmine is genuine!
Thank you so much Carmine for all the trading info! Your mentality and concepts with the market really helped me develop my edge
What brocker would you recommend for trading futures?
I prefer futures trading but that options leverage is insane. You can turn 200-2k in options off the same 1:5rr move in futures
the 543 call your showing in the video wasnt ATM during the entry in. It seemed it was only in ATM at the EOD when your filming the video. But yes I agree with you that options are only good for stocks like NVDA, TSLA, SMCI, AMD and others you cant trade on futures
@Carmine please can you make a video on brokers for futures trading
The volume picking up on options can be great as you mentioned for that 800% return, but also those pullbacks sometimes suck as well
Futures order flow is nice and centralized 😎
There are some things I didn't know about Futures, now I do. I'm sticking with options for now, because that's what I know. Maybe futures late next year or 2026. I'll use Futures for Day Trading and Options for Volatile days and for Swing Trading. I use TOS as my trading platform as you do.
Question. Did you Manually mark off (draw) the Stop loss, Long, and Target points on your chart ( 11:33 )or did you use a tool in TOS to do this?
I was just looking for a comparison video 😫‼️‼️‼️Thankyou
@Carmine, may I know what brokerage is good to trade futures with small amount of money?
I use Tradovate
REPEAT+CONSISTENCY=PROFIT‼ this is key to me to be able to manage risk! I would love to see a video from you on how easy it is to get started with futures and how much is ideal in this inflationary present? I'm reflecting on hearing you talk about this in the class lessons and I wish I had pressed to get started then but I'm convinced now after several decay contracts and this video! SO SIMPLE YET SO MISUNDERSTOOD! THANKS AGAIN FOR THE SIMPLICITY‼‼
You didn’t explain why options don’t rally as futures for similar positions… it is because options have time decay…
Couldn’t you use the options chart as a strategy to see some divergence, if price is trending higher but calls are dipping then the move is weak 🤔
Thank you so much! I needed this 🙏
how can you trade futures with $40? i thought they always cost at least $1700
Micro ES starts at $40. Micro NQ at $100
Day trading margin
Also what are your thoughts about using options to swing trade on a longer time frame such as 3-6months?
What broker or brokers give this much leverage? I wish you would've mentioned it.
Thank you bro… that was very helpful
Carmine what if you choose an expiration that’s say 5 days out or 7 days out where time decay doesn’t affect as much? Sure percentage gain is less than 1DTE but maybe that resolves that issue of losing value with sideways trading?
Thank you Carmine
what broker do you guys use?
But if you have to pay interest on the margin you borrow, you have extremely hight cost right? Especially in comparison to your position.
Good stuff!
I needed this video🙏🏾
I agree if your trading 0dte SPY or QQQ. The time will eat up your options quick in consolidation. This is why I buy option that expire the next day. Less time decay. It's a give/get type of thing with options especially 0dte. Even trading TSLA, NVDA, AMD, or any other option contracts I don't recommend trading 0dte unless your willing to risk 50 percent of your position on a trade, if your stop is reasonable.
What about trading stock vs futures
Great info! Thank you
remind us when the investitrade course opens
i am interested
It has opened for enrollment last week and will be closing down this week for another few months
I trade options but very interested in Futures. Where can I learn how to trade futures?
search for another broker not webull. Thinkorswim platform. that is what he is using in this video.
I thought options did have pdt?
Not if you use a cash account
Is it worth the $400 dollar win if you have to maintain around $11,000 in your account?
If you choose an option with a short expiration date but far enough that its not effected by Theta and making sure the IV is low enough for a move in the S&P 500 or NASDAQ to mimic the price action in those instruments. I feel like an the money call/put costs less and could potentially gain more than only making around $400 with a high maintenance.
Would it still be worth it to trade futures?
Only have to maintain if you plan on holding past the close
what broker is only 400 dollars on sp 500 day margin i know of none
Thanks boss
options to grow account faster futures easier to risk manage
Options don't "grow an account faster" any more than they can drain your account faster. Suggesting "grow account faster" like it's a benefit is nonsensical.
Options are basically a gamble. Futures are short term trade of stocks on leverage / margin. But, nothing as safe and profitable as medium to long term investment. Just buy a bunch of stocks when they're low and exit off when they recover. Keep some extra money to average each stock in your portfolio until $0.01. Simply add more at every fall...
Example: Buy stock X at $100 for $1000. Keep another $1000 for the same stock on standby. If the stock rises and you are in profit and exit it, just do so, take profit and move on to next one. If the stock falls by say 10%, then add $100 worth of stock from the standby money and when stock falls 20% from your initial bought price, then add 10% more and so on. This way, your breakeven will keep falling lower and lower. Now keep target at the initial price of $100 and exit with profits and enjoy!
Carmine what did you study in college
Options is way more small account friendly than futures
My , discord guru said , options is better lol .. idk
Futures 100% for beginners
THIS VID!!!! WOW
Future trading is where its at
If risk management is the cornerstone of a successful trader why would you trade options? Every answer you have is gambling oriented. You got some degenerative habits. You can do it as many have but not unless you’re willing to have inconsistent losses .
I can see bitcon scammers in the house
lol
I think carmine has or had a family member who worked on wall street
Sounds like a cash grab for the brokers.
Great video. Very informative