It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
@GeorgePeeler4 күн бұрын
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through a job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
@CharlesHagen-lo7xu4 күн бұрын
@@GeorgePeeler I agree, that's the more reason I prefer my day-to-day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@CharlesFarren4 күн бұрын
@@CharlesHagen-lo7xu I appreciate the implementation of ideas and strategies that result in unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, Do you mind sharing info about this person guiding you, please?
@CharlesHagen-lo7xu4 күн бұрын
@@CharlesFarren Finding financial advisors like Victoria Carmen Santaella who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@CharlesFarren4 күн бұрын
@@CharlesHagen-lo7xu I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Victoria Carmen Santaella up and send her a message. You've truly motivated me. God's blessings on you.
@Mckennie61751Ай бұрын
What's the best approach to capitalize on the current market conditions? I'm deliberating on whether to diversify my $400k stocks portfolio. How should I reallocate stocks in my portfolio to mitigate against a potential crash?
@Christine-wp2bwАй бұрын
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
@WestonScally7614Ай бұрын
I was recently through an investing nightmare during the crash in march 2020. I think with the assistance of my advisor I have so far grown my initial investment of $145k to $480k
@SageMadsenАй бұрын
I was recently through an investing nightmare during the crash in march 2020. I think with the assistance of my advisor I have so far grown my initial investment of $145k to $480k
@Redwood4040Ай бұрын
Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
@Sampson-jh7yqАй бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@Derik-fk2buАй бұрын
Buffett & Munger are beyond amazing. wealth is attainable.
@DennyBrown-tw4vpАй бұрын
There are so many ways to get something like this done , what’s really important is finding the right person for it , I hope you become successful in trading.a good trading system would put you through many days of success.
@Derik-fk2buАй бұрын
As a newbie about to invest, you must have these three things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advisor.
@Derik-fk2buАй бұрын
He's TE LEG RAM...
@Derik-fk2buАй бұрын
@samdeymon53 💯💯....that's it = 4 advise.
@aniamarek9705Ай бұрын
I want my money to work for me with sam deymon, I’d like to learn from someone with experience.
@nicolasbenson0096 ай бұрын
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
@randythayer8440Ай бұрын
But, you can see how boring and limited they are if you're looking for large quick returns.
@frankstephens53652 ай бұрын
Great video! Two things I learned the hard way. The smaller the account size your start trading with the better, and the slower you ramp up your account and share sizes the better as well. It's urgently important to make sure you're emotionally prepared to manage the risk/reward of the dollar amounts you're working with. Flipping one or two option contractas is a completely differant roller coaster ride than flipping 15 or 20 contracts. Keep the adrenalin out of your trading and watch how dramaticly your win rate improves.
@AlexGaga-lo9eo2 ай бұрын
If you’re starting out new with options trading,remember it is always a good idea to trade on a secure basis because you’ll only be hunting shadows if you believe you can successfully self trade options without loosing much money
@michealwalter85432 ай бұрын
Certainly true,been self trading all year and I have encountered so much losses. I barely even make profits,sometimes it feels like I’m merely just learning. But I need to stop blowing money away
@olisaclaire58182 ай бұрын
Trading is a lot difficult especially when you handle the analysis alone. Apparently why I work with ex pert cooper to be able to learn and earn
@peterduffel60082 ай бұрын
I can only imagine the enormous sea of derivatives that option trading will create and support.. 🤔😁🤔
@lindastevenson91702 ай бұрын
Option trading hit lowest trading volume in 4 years. Feels like people aren’t so much invested in trading options anymore.
@WesleyNorman-ni4tp2 ай бұрын
@OLISACLAIRE I’m positive you’re talking about trading Brad cooper. He My trading ex pert too.
@compatiblepet8415 ай бұрын
I love your entire series. So informative and helpful.
@stevegorgone66168 ай бұрын
Great info on the strategies. Would love to also have seen what happens on each trade if the market went the other way.
@AnitaGarba-xv5xb5 ай бұрын
Great breakdown! this video was worth my 17 minutes. I'm definitely encouraged to trade options now.
@smittywerbenyeagermenjenso37205 ай бұрын
$1000? I started trading with $400. Yeah, my profits were smaller, but it's all i could afford. If you can afford one option, you have enough to trade options. Great information.
@randythayer8440Ай бұрын
The point is starting with a smaller account, whatever the size.
@BobBob-ey5br23 күн бұрын
Show us how much you grew your account
@dee84cali23 күн бұрын
Which platform did you use?
@augustdelacreme5 күн бұрын
That’s what I’m trying to figure out what platform to use Robinhood doesn’t show you all those details
@aurinator5 ай бұрын
Thanks for making this video explaining these strategies - informative stuff.
@tjallen1248 ай бұрын
In the Iron Condor example, the $SPY 0 DTE, how did you select your strike prices on the options you sold?
@gideons300club33 ай бұрын
Thank You for the Excellent Class
@ATLJB868 ай бұрын
I wouldn’t recommend any of these strategies on a small account other then a debit spread. If your account is that small, you are probably new and going to make many mistakes. The Iron condor as described will put you in only 1 trade that can go horribly wrong. You want to spread your options across different symbols for a better chance. A leap would tie up your account so you wouldn’t be an active trader. I would recommend a Christmas tree butterfly. Very small capital requirement but also a small return. Don’t focus on return starting out, just get use to the process. You will be paying like $12 for a potential profit of like $88. The max you will lose is $12. That’s not going to break you. You live to trade another day and you can put on multiple across different symbols. What you would be doing is selling 3 calls at the current price, buying 2 calls 1 strike above, then buying 1 call 2 strikes below. This is a neutral strategy like the iron condor. You want to pick things moving sideways and right now… a lot of stocks are doing that.
@davec36898 ай бұрын
Christmas tree butterfly - a very interesting strategy and one I have not heard of before your post. Thanks for describing it. I will add it to my strategies for sideways moving underlyings.
@ATLJB868 ай бұрын
@@davec3689 yes it’s a much better trade. His trade wanted you to risk $700 to make $300. Mine, you will be risking about $200 to make close to $1000 if you did 10 of them.
@IgorLisx8 ай бұрын
I call it BS. "Christmas tree butterfly" is just a fancy name for unbalanced/broken-wing butterfly. It's NOT a neutral strategy, it's bearish strategy and you will lose, if price goes up just a few strikes.
@ATLJB868 ай бұрын
@@IgorLisx You clearly don’t know how to set it up number one. Number 2.. IDGAF what you call it. It is a neutral strategy where you want price to consolidate. Go sit your rookie butt in the corner. Thanks 🙏
@sethfreudberg47508 ай бұрын
@ATLJB86--You have to consider probability of profit as well. There is no point in putting on a trade that will lose the vast majority of the time, simply because it's a cheap low risk trade. There has to be a good balance between risk, reward and probability. All three are important.
@valleygreen83138 ай бұрын
Great overview, love the strategies
@kmoliere5043 ай бұрын
This is a GREAT video. Thanks so much for this.
@yoginacharya21508 ай бұрын
Great options strategies 👏🙏
@christianvornbaeumen4107 ай бұрын
Hi, is the following interpretation of the strategy correct? After the expire of the short call option, can I keep the long call option and buy a new short call option OTM with abt 4 week expire and so take use of the premium paid for the long call option until this option expires? Thanks for the clarification.
@asadchong6 ай бұрын
I have been trading for about 6 months now and just about every trade backfires and slaps me in my face. Nearly impossible for me to catch more than a few points I try to do top down analysis but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?
@williamwestfield686 ай бұрын
Your problem could be your stop loss is too close or you're watching your trades too much. Place it and walk away. Or you could just give up, trading isn't for everyone.
@asadchong6 ай бұрын
@@smanfield True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help> ?
@kroanosm6176 ай бұрын
It's the emotional aspect of learning how to trade. I would say it's more important than any strategy. I have a similar problem. In my paper account I can make $2.5k to $3.5k easily every day without fail trading 10 spreads at a time. With real money it's been bad. The best thing you can do is start small trading 1 spread option contract at a time. Then once you feel comfortable making or losing money with that move on to 2 and so forth. Unless you're a sociopath it will take time to harden your emotions when it comes to trading. Focus on analyzing why trades lost or won by keeping a journal. Did you get out too early? Why? Did you stay in a bad trade? Why?
@rogerward8016 ай бұрын
Number 1- don't try to get it back quick. Sure loser. Number 2- develop a plan. Small wins each trade over time build into a big account Number 3- limit the loss. If you're in a bad trade, get out. Don't let a 5% loss become a 25% Number 4- get into a good trade. Don't trade just to trade. FOMO kills accounts
@dixiechicklee5 ай бұрын
You're not alone. I agree with ^^ start with 1 contract and go from there.
@KapilSharma-nc7dh8 ай бұрын
Hi sir How do u deal with the real problem of liquidity in deep in the money leap options
@eljuancho25 ай бұрын
Priceless content!
@chipetto218 ай бұрын
Great video! Thank you guys!
@sethfreudberg47508 ай бұрын
Glad you enjoyed it Peter!
@gideons300club33 ай бұрын
so on the iron condor same day expire you wait until close?
@FredMaplesАй бұрын
Thank you for explaining it well. 💯
@donvanotteren11898 ай бұрын
Great video....enjoy them all! $1000.00....go for it ! 5 or 10 k different ball game. Trading since 1996😊
@jboy18708 ай бұрын
Great video! Appreciate it!
@sethfreudberg47508 ай бұрын
Our pleasure @jboy
@stephaniebrooks77315 ай бұрын
Seth, I think I backed my way into a strategy that is winning right at 97%. I’ve back tested on ONE and the returns are monumental, the profitability zone is obviously huge but it’s somewhat complex. At what point would you say it’s too many contracts to buy for one strategy? Would you have concerns over liquidity if it’s within the major indices (RUT and SPX) ? Can we talk more about this? Thanks
@vodermore5 ай бұрын
I watched couple your videos. The iron condor examples always set up at the expiration date! Why? Will the strategy be less effective if you set it up 1 or 2 months before the expiration date?
@cyrilmiltonАй бұрын
Every time I watch a video like this, I'm reminded of how much I regret not buying bitcoin at the time. invested a large sum of money in early-stage crypto assets with the expectation that they would eventually flourish. How are other people in the same market making over $250k in earnings in a matter of months, baffling.
@suziehovicАй бұрын
I've always advised the investors i know to exercise caution when it comes to new buys, especially right now. Its best you thread the market with the guidance of a qualified specialist or reliable counsel if you don't know where to look.
@GrahamCanАй бұрын
Agreed. I deal with an investment advisor for this reason. I currently have over $800k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target.
@mykreidАй бұрын
May I know the name of the advsor who has been assisting you, please?
@GrahamCanАй бұрын
She's known as 'Olivia Maria Lucas'. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
@mykreidАй бұрын
Thanks for sharing. searched for her full name and her website popped up and it was easy to schedule a call session with her
@MartinPleasant-ty1rw8 ай бұрын
Great video! Very interesting to a new trader/investor like myself.
@user-vn7id3nt7b3 ай бұрын
Quite impressive and educational but I will love more explanation if the trade goes separate ways.
@AakashReddy-uu8fc18 күн бұрын
I really appreciate the dedication in each video you post. To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. *Michael Hugh Terpin* focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. His skills set is top notch.
@AusieyyMorati18 күн бұрын
That man has changed my life for good, i attended his investment class couple of weeks last year and he's the best when it commes to guidance, i even had him trade for me and i made very good profits.
@AusieyyMorati18 күн бұрын
Was skeptical at first until I decided to try. Its huge returns is awesome! I can’t say enough how much of an amazing trader Michael is.
@AusieyyMorati18 күн бұрын
HE IS ON TEL GRAM
@AusieyyMorati18 күн бұрын
*@michaeltpin*
@VytautasVezys18 күн бұрын
Credits goes to * Michael Hugh Terpin* , one of the finest portfolio managers in the field. he's widely recognized; you should take a look at his work.
@pablokessel78406 ай бұрын
About Iron Condor: What if the stock closes above the Call strike price?
@justinstu29728 ай бұрын
awesome video I will defiantly be adding iron condor to my play book
@sethfreudberg47508 ай бұрын
Great keep watching Justin!
@user-mz8lv4kp9f3 ай бұрын
Sanity Check. In the iron condor example, why is the short put not assignable if the close is between 440 and 441?
@ILoveTrains8 ай бұрын
These are three great strategies. I have learned a lot and will make use of this!
@sethfreudberg47508 ай бұрын
Thank you we have many other strategy videos for you to view as well, @Lovetrains
@PapeModa5 ай бұрын
In the Iron Condor Scenario, are you buying or selling the Iron Condor. Thanks, Edward.
@randythayer84403 ай бұрын
Although, that would be quite a commission hit (40 in and 40 out if closed ~$26-$52 @.65 per ) from a 10 lot SPY trade; not to mention possible assignment of 1000 shares of SPY! Maybe one could also trade the SPX with less contracts, less commissions and zero risk of assignment? Man, didn't the debit and leap trades work out perfectly though! Good example Seth! And, for people with larger longer-term portfolios; they could take a small amount of their cash and take trades like this and the wheel to increase overall returns throughout the year.
@marinedeckhand275514 күн бұрын
Thank you very much for sharing these great strategies, however only the upside / best case scenario is demonstrated; In the interest of new traders and not as sophisticated traders, like I am, it would also be fair and totally honest to also illustrate the worst case scenario of each trade presented here! Thank you for an otherwise very well done explanation!
@mattheld504813 күн бұрын
very valuable info. Thanks
@Christina65528 ай бұрын
Great info
@sethfreudberg47508 ай бұрын
Thanks Christina!
@ilhberg4 ай бұрын
His analysis comparing the returns of the HRB option position vs outright share ownership isn't quite right because shareholders get dividends while option holders don't. Still, the information was excellent and valuable.
@DanielleJemnyАй бұрын
i dont understand "selling" when you dont have anything in the first place
@JamesKevin-pc9uiАй бұрын
I am so happy that I made productive decisions about my finances that changed my life forever
@FudgeMichael-zy5xfАй бұрын
@@JamesKevin-pc9ui please share
@JamesKevin-pc9uiАй бұрын
@@FudgeMichael-zy5xf Just do a quick search on Melisa Aurora Benavidez, I'm more than impressed with her achievements, she's exactly who I need for help since I'm always busy
@SimanAlexseiАй бұрын
@@JamesKevin-pc9ui I just did. Awesome tip. Professional she is Melisa Aurora Benavidez
@KelvinEmma-iu1fiАй бұрын
@@JamesKevin-pc9ui I'm from Australia and also Melisa Aurora Benavidez is my FA, amazing woman really. She grew a 200k portfolio for someone I know
@jamesthompson47473 ай бұрын
I assume you have to have a margin account and level 3 to do spreads?
@mikeanis85548 ай бұрын
Great job Seth. Looking forward to talking with you at the money show event in Orlando this October.
@sethfreudberg47508 ай бұрын
Thanks Mike
@prepperminded57328 ай бұрын
Money Show? How or where do I get tickets? Thanks
@mikeanis85548 ай бұрын
@@prepperminded5732 I get emails on the events bc i have been in the past. I would just Google it
@bhobba6 ай бұрын
A big advantage of trading with a small account is I do not know how many traders I have chatted with who started with significant amounts of money and lost it all. Even if you can afford more, by starting small, you learn by trading with real money, which, believe me, is different to paper trading, but risks little. By building up a small account, you learn valuable lessons for when your account is larger.
@derlijunior64022 ай бұрын
Awesome comment!!!!!
@autonestegg41958 ай бұрын
What broker do you use that allows margin trades for a balance of $1000 or less?
@nliaytb8 ай бұрын
May I know that how much would the margin be required for the first iron condor strategy?
@MrCurtis618 ай бұрын
$700 ;-)
@herpderp95486 ай бұрын
I guess what I don't get is how do you cover your sold contracts that meet assignment with such small account values? Do brokerages accept a substitute for a separate options contract of the same stock?
@liranmendel4 ай бұрын
Great question
@joeypie75592 ай бұрын
i don’t understand how for the debit spread you buy a bullish call and then sell one at a higher price. How do I sell a call that I haven’t bought? Or what does that mean?
@tahntalus8 ай бұрын
What is the account size that new traders at smb start with? Is it the same across the board? And then what's the RR on that account size?
@kaitlyncranwick5 ай бұрын
Biggest lesson i learnt in 2022 in the trading market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
@StellaMaris-lv2uq5 ай бұрын
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
@maryHenokNft5 ай бұрын
Uncertainty... It took me 5 years to stop trying to predict what about to happen in market based on charts studying, because you never know not having a mentor cost me 5 years of pain I learn to go were the market is wanting to go through the help of my advisor and keep it simple with discipline.
@maggysterling332545 ай бұрын
@@maryHenokNft I'd be glad to get the help of one, but just how can one spot a reputable one? How did you spot this adviser
@maryHenokNft5 ай бұрын
Definitely! All of this happened in less than a year after *Camille Alicia Garcia* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
@TheresaAnderson-kf5xw5 ай бұрын
Thank you. I will search on her site online and do my due diligence. If She seem proficient. I write her an email and scheduled a phone call.
@klevdavful3 ай бұрын
Very interesting
@traviss774028 күн бұрын
so for the iron condor, there's no need to close the positions? so we wouldn't have to worry about flagging for a PDT account with less than $5k? I'm so worried about being assigned to buy or sell 1,000 shares of something when I sell an option...
@SteveH-en8ws5 ай бұрын
Genius! A one day trade where Calls strikes and Puts strikes are most likely out of danger of being assigned.
@dllmohh60268 ай бұрын
I'm fond particularly on the O DTE selling IC. Now instead of waiting for the market to close at daily of 4pm to take full profit, what if I scalp by taking a 25% to 30% of the premium. I am aware I can only afford to do this a max of 3 DT in a week and if so is this still a sustainable long term high probability setup successful trade? If this is so will my scalping partial profit got eaten out by the trade's commission & fees? I am actually looking for a regular frequency trades with growing the account size by compounding affect.
@sethfreudberg47508 ай бұрын
@dllmohh6266 0 DTE has to be traded carefully. You need to have a proper balance of when you take profits and when you are stopped out of a trade. You have to back test to find that balance.
@dllmohh60268 ай бұрын
@@sethfreudberg4750 I tried before using OCO bracket orders (say say SL set at -100% of premium received) but ended up more on the losing side though the price is still well within the range, I guess stop loss is not helping much to its accuracy when it is supposed to stop out. Then I changed to only partial profit taking and it works quite accurate. The only thing that I'm still struggling is to figure out at what stage of point to manually close the trade if the trend starts to really rally or tank within the day.
@ragingbull94mtx8 ай бұрын
You can bypass the day trade restrictions by trading futures options. 25%-30% might not be enough to cover outlier losses in the long run, so you might be better off going for 50%. As Seth mentioned, back tests will help you determine what works best for whatever instrument you're trading.
@dllmohh60268 ай бұрын
@@ragingbull94mtx I'm aware of trading /MES & /ES but as my strategy is taking partial profit with a super tiny account size and with the future's high commission and other fees these products may not suitable.
@IgorLisx8 ай бұрын
What is LEAP option? I've heard only about LEAPS (Long-term Equity AnticiPation Securities) option.
@sethfreudberg47508 ай бұрын
It is defined in the video Igor. Please watch that section again. An option that when first listed has a duration of at least a year= a Leap
@davidrappoport6273 ай бұрын
Very clear nice explanation. But which Brokers will allow you to daytrade with only $1000 in your account? My experience with Schwab and TD Ameritrade is they only allow four day trades and a five day period you know the pattern Day trader rule.
@RancorRips2 ай бұрын
Switch to a cash account. Unlimited day trades with no penalties. Margin accounts are the only ones with PDT restrictions.
@jacobsolomon4277 ай бұрын
In the second strategy you're assuming that you can buy back the Call but what if the buyer doesn't want to sell it back
@weitheceo7 ай бұрын
I tried to listen to this guy hundreds of time, but never could finished it. For $1,000 and learning, you are doing a PhD course for a elementary pupil. He uses the title as so easy but choose the hardest such as iron condor, I can't even figured out one item with one direction.
@amoskane3 ай бұрын
I did a 0 DTE Iron Condor on a Webull paper trading account with 500k. When I try to sell the upper calls, I get "Naked Option Positions are currently not supported on our platform". When I try to sell the lower puts, I get "Insufficient funds, order failure". I'd only done the 2 buys, I had 478,880.50 available to trade. So this is an complete no-go for me!
@hansjuergen9418 ай бұрын
I'm shocked to hear this from one of my favorite "teachers"! As a long time option trader, I can not understand, how a professional trader can recommend to risk more than 50% of the account in one trade. That is the 100% way to break your account! No one word about probabilities or risk management. If you have a small account and you are just learning, never risk more than 2% of your account on one trade and 10% on all open trades.
@sethfreudberg47508 ай бұрын
Hans, the idea was not to suggest any particular sizing of a trade. That is a very personal decision. The idea was to demonstrate that options strategies require much less in the way of capital than most other forms of trading
@anyfoolcanknow8 ай бұрын
Just do this on XSP?
@sethfreudberg47508 ай бұрын
@@anyfoolcanknow That's not a bad idea Amy.
@banggamer51908 ай бұрын
Iqp
@TheForgivenman8 ай бұрын
Your advise is for people who have time and money. If you are broke, you must risk money to make money and anyone can lose money... You have to take a calculated leap or forget being rich
@michaelnorton5118 ай бұрын
Think or swim wont allow me to do condors or debit spreads??
@tahntalus8 ай бұрын
get your account to $2500
@scotthenderson43766 ай бұрын
I did the paper trading thing got pretty good. When I went to pull the trigger I found out I couldn't do any of my trades I was used to unless I did margin and had a lot of cash. Hope this is different. WOW 3 minutes in and I see it's very risky If your wrong that's a lot of margin @ what 25% daily. Not to mention most trade brokers won't let you do it as it's a higher class trade.
@Mojo7024 ай бұрын
Do you arbitrarily implement any of these strategies? All these videos explain the different strategies but not WHEN to use them. With the iron condor, I don't want the price to move too much, so what am I looking for to use that particular strategy? Same with all the other strats. No one tells you WHEN to use them
@kroanosm6176 ай бұрын
What about risk management? The iron condor example has you risking 70% of your account to win 30%. When should you drop out? My problem with spreads is figuring out when to get out. If it's losing but still above the strike price should I get out?
@Cjkhaled5 ай бұрын
You should be legging out whenever your thesis for the trade isn’t valid anymore.
@Victorluca12906 ай бұрын
If expire worthless at the end of the day, than I have to exercise them? Or it’s just it? The day closes an nothing happens
@argentmillion11603 ай бұрын
How do you sell the calls when you don’t even have the stocks to place as collateral though?
@Omega7826 ай бұрын
Please do an example when a trade hits max loss. That’s a real situation that can happen. Good for people learning to know
@jamesg31414 ай бұрын
Losing isn't a good strategy. Let's stay on topic here. Only winners here.
@sblijheid8 ай бұрын
Except, brokers do not allow new traders to trade multi leg options. If your account is that small, you're most likely not an experienced trader and no broker will give you a level 3 account. You probably won"t qualify for a margin account either. Great hypotheticals though. Especially if you have an established account.
@alfredosauri8 ай бұрын
Well said, the strategy makes a valid point but it cannot apply to a small account like stated in the video with 1K, I have not seen a Brokage that allows Level 3 trading wit small account or cash accounts, the video sadly did not highlight this point.
@sethfreudberg47508 ай бұрын
Brokers are all over the place on how much capital they require for various options trades, but you may be right with certain brokers no doubt.
@myselfiemirror8 ай бұрын
Dont you need quite high margin requirements at least with IBKR to be able to sell options?
@sethfreudberg47508 ай бұрын
Hi myselfmirror: not if you buy a long option which has the effect of stopping a loss of the trade goes against you. That’s what the credit spread example one the video was pointing out. Please watch that portion again.
@myselfiemirror8 ай бұрын
You are right, I take back my comment. Thanks for the clarification and the video! @@sethfreudberg4750
@ethansommer28828 күн бұрын
But in the Debit Spread, what happens if the $320 call gets assigned??
@TimberStiffy_8 ай бұрын
0dte's and scalping. pulled 20% from a possible 40~ % day.
@sethfreudberg47508 ай бұрын
@timberstiffy you won't be able to accomplish this every day, but it's certainly doable a certain percentage of the time.
@barbaraphillips65348 ай бұрын
Can I do this with a Cash account or do I need to have a Margin Account ?
@sethfreudberg47508 ай бұрын
Which strategy I’m the video are you referring to Barbara?
@tahntalus8 ай бұрын
Margin requires an account of at least $2000, well at least most major brokerages
@revamp22455 ай бұрын
What is small account i have 100 dollars and it states i need to have 2000 minimum in the account to open the option..
@lonmaness62228 күн бұрын
It's been a while since I traded options. Is $2000 still required and maintained when trading option in a margin account?
@janewang27418 ай бұрын
I know people can continue to trade option until 4:15pm EST. What if the option turns to ITM between 4pm to 4:15pm? Will they still expire worthless? Thanks.
@panthericegirl8 ай бұрын
U should close it out or u may be executed
@janewang27418 ай бұрын
@@panthericegirl Thank you. So I should close them by 4pm instead of just assuming they would expire worthless even if they are OTM near 4pm. I think the video did not mention some key points.
@panthericegirl8 ай бұрын
@@janewang2741 u close them up to 1 minute B4 4pm est if it's SPY up to 4:14.59 seconds here some u can trade after DIA EEM EFA IWM KRE NDX VIXY XLB XLC XLK ALL THE se 🙏🤣ctors but double check with broker so don't allow , u can trade future till 4.59 est those r my favorite
@JScottHamilton5 ай бұрын
At least one brokerage (TDA) will let you close out an option position under $0.05 for no commission precisely to avoid this problem of getting assigned on the Friday expiration after the market closes. If you're anywhere near being ITM at close there is no reason not to close the position.
@BangBang-ec1wr8 ай бұрын
I love LEAP options they'll change your life
@TheDoktorot8 ай бұрын
Does this mean if your first trade is a bad trade you are out ? It sure seems like that.
@sethfreudberg47508 ай бұрын
@thedoktorot--you need to size your trades to a level that suits your financial situation. The purpose of the video is to emphasize how little capital is needed for an options trade vs. the same trade expressed through buying/selling stock.
@TheDoktorot8 ай бұрын
@@sethfreudberg4750 thank you. I appreciate your reply. I learned a lot from your videos. I would like to know a strategy for hedging against a worse case scenario in a trade like this. Would love to see a video on that
@stevep56695 ай бұрын
Only complaint about this video, while the strategies are real, is that it uses the entire account. So one loss you are no longer trading. In example 2 and 3 they also have to wait a year, and the Iron condor will only be able to do this 3 times in a 5 day period (PDT) you cannot make this trade without making day trades and your broker will likely close them out of “assignment risk” even if they are still OTM. So that strategy likely cannot be implemented
@CC-it3df8 ай бұрын
I thought most brokers do not let you attempt these strategies unless you have at least $2,000.00 and a margin account?
@whendoigettosayfuck7 ай бұрын
What broker will allow you to make these trades?
@cluggyahoo8 ай бұрын
Seuth What if the iron condor doesn't go as planned ,? You have no time to adjust since it's a 0dte and you just lost $700 out of your initial $1000 account!. That's not responsible. I would recommend a small butterfly and not necessarily a 0dte.
@pott664 ай бұрын
For the iron condor strategy, what happens if one of your short option (sell put for example) gets assigned and the long option expires worthless when the market closes? You will need $441k to purchase the assigned shares and when you sell these shares on the next trading day and the stock gaps down overnight, Aren't you taking a huge risk on the trade?
@neslzkusfep4 ай бұрын
yes, honestly, iron condor is not a small account strategy
@graceocean83236 ай бұрын
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.
@trazzpalmer31996 ай бұрын
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge/professional
@hannahdonald90716 ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@MattDouglas-hj9wh6 ай бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
@hannahdonald90716 ай бұрын
There are a lot of independent advisors you might look into. But i work with Carol Pasol Lewis and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
@zoeytank29216 ай бұрын
thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I wrote her pertaining my financial goals.
@carpentertom28358 ай бұрын
How do you protect yourself from assignment?
@tahntalus8 ай бұрын
Be a buyer of options and not a seller?
@JScottHamilton5 ай бұрын
Make sure there is enough time premium that the person exercises takes a loss over selling the option and buying the underlying stock. If your option is deep in the money, you should roll it out to an option with a later expiration. You might only make pennies on the extra time premium, but it's better than getting assigned for pennies.
@carpentertom28355 ай бұрын
@@JScottHamilton thank you for the explanation, have a blessed day
@neslzkusfep4 ай бұрын
you can't really trade iron condor with a small account because selling naked options involves account balance minimums to satisfy margin requirements
@BryonLape5 ай бұрын
Been watching for years. I wish just once their ideas worked.
@R.M...4 ай бұрын
So , you cant recommend this youtuber? i´m new in to trading, and i dont know which chanel i can trust
@MSteitz468ify12 күн бұрын
Most brokerages won't let you sell call options without owning the stock first.
@UtahTech-pt4bo4 ай бұрын
In leap you didn’t consider the premium of the contract which would change the scenario. The more a contract is deep in the more the more premium you have to pay for it.
@aavocadoToast9 күн бұрын
iBKR and some brokers require 25000 net liquidity in a margin account for short selling options. Can anyone tell me how do you do iron-condor with small account?
@curbsidecritiqe20663 ай бұрын
The strategies are great. However, most brokerage firms don’t allow iron condors on 1k accounts.
@RaviKumar-uy9ij8 ай бұрын
What about Long Call , Long Put?
@sethfreudberg47508 ай бұрын
Ravi those are certainly viable and have excellent risk reward trade offs but on the other hand they are lower probability and higher risk than debit spreads
@tessbakker75497 ай бұрын
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Paula David focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
@daviesgriffiths52157 ай бұрын
I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.
@georgeheyden45247 ай бұрын
Wow, amazing to see others who trade with Paula David, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
@DeviJane-jp3xn7 ай бұрын
You invest with Paula too? Wow that woman has been a blessing to me and my family.
@klaasjohnsons15237 ай бұрын
Any information on how i can reach her, i'm new at this
@liamjones65407 ай бұрын
I was skeptical at first until i decided to try. Its huge returns are awesome, can't say much
@_Only_Zuul19 күн бұрын
Can someone please explain to a newb HOW do you prevent catastrophic unrepayable debt? Can you screw up and end up owing money? This is my biggest worry about starting into trading, so what settings and measures should be in place to prevent this? I am using only my own money.
@dorinasesАй бұрын
Thank you , I have 1500 and want to grow it but keep losing 😅
@longislanddriver63368 ай бұрын
OKAY... How did you get in my mind?
@sethfreudberg47508 ай бұрын
Lol
@whendoigettosayfuck7 ай бұрын
It won’t let me do this. I get an error if I try to sell a call or put
@JScottHamilton5 ай бұрын
If you don't have a margin account, the brokerage usually won't let you sell a put unless it's cash secured, or sell a call unless it's part of a buy/write strategy (buy the shares, sell a call on the underlying). The brokerage might let you do a debit or credit spread if both the long and the short positions are entered at the same time, and you have enough cash to cover the difference in the spread.
@whendoigettosayfuck5 ай бұрын
@@JScottHamilton I am not tier 2+ and I lost 20% this year. A few smaller gains and then big losses on puts going worthless.
@JScottHamilton5 ай бұрын
@@whendoigettosayfuck Yeah, I can't see having any edge on short term directional moves with accounts this small. At best you might be able to do some "Tastytrade" tactics of focusing more on iron condors 45 days out closing at 22 days out, hoping for no big swings and managing the positions if they do. That strategy is selling premium rather than buying it, where realized volatility is usually less than implied volatility. They also do earnings calendar spreads which are fairly cheap to enter, again arbitraging implied vs. realized. It's no path to huge fortunes, but can be slow and steady. My strategy is to heavily study macro, trend, and specific stock fundamentals and then placing heavily hedged complex option positions. If I could get the trades more heavily weighted to premium selling rather than buying, would probably do better.
@timb46958 ай бұрын
Net profit would NOT be $300, that's the gross profit. The Net profit would be less commissions which could be anywhere from $20-$40 and if the trade went against you and you had to close it you would have another $20-$40 commissions. Commissions should be noted here as they can have a substantial affect on "net" profit.
@sethfreudberg47508 ай бұрын
@timb4695 we always point out in our disclaimers that these examples of not subject to the market factors of liquidity, slippage and commissions. We have not intent to obscure that point, it's just that everyone's commission situation is different. Some don't pay any commissions at all for instance.
@timb46958 ай бұрын
@@sethfreudberg4750 It's up to people to read the disclaimers but do they really? I'll give you all you said for sure. Thanks
@MrCurtis618 ай бұрын
@@sethfreudberg4750 Exactly Seth -Robinhood has zero commissions ;-)
@luiyicolindres17577 ай бұрын
Good
@marksibert66913 ай бұрын
You never mention the collateral the broker hold on to for security.