/biz/ - Business & Finance

>>15942192
>Position size is based off resistance points. Let's say we're $100 away from the local minimum then we use $50 but if we're $10 from the local minimum then we can use $500
Useful info thanks for the explanation, I'll keep this in mind when making my options trading bot.

>>15873842

>>15861097
>I am using 3.5% of my stack to trade, can’t risk anything more than that
Good money management...
this anon's making it!

>>15695007
Here's my options copy pasta
Learn to trade options form ex floor traders
https://www.youtube.com/user/tastytrade1/videos
Why selling options has profits
https://www.tastytrade.com/tt/shows/market-measures/episodes/actual-vs-implied-moves-07-16-2019
https://www.youtube.com/watch?v=amao0pJE1XI
I would start by selling a put on cheap stock you would own anyway.
Guy makes a million a year on 5 million consistently selling options
https://www.youtube.com/channel/UCg6XBPhtVqntGhtAblXxybg/videos

Options can go up like shitcoins, most I've heard of is 600x most I've had is 44x

>>15675544
yup
1,000
10x
->10,000
10x ->
100,000
10x ->
1,000,000

>>15665625
>Options
this

>>15661617
>I'm studying Cybersecurity but my goal is to become some kind of investor for startups and other innovations that disrupt the game,

How to become Billionaire investing in tech with no employees
https://tim.blog/2015/05/30/chris-sacca/

This Week In Startups. Keep up to date with the cutting edge of tech from and investing lens
https://www.youtube.com/user/ThisWeekIn

Good luck making it anon

>>15621015
>I think I can do this in about 8 years give or take 2-3 years on either side given the circumstances

>>15617488
>but only a couple million so I'm waiting for my investments to really take off
You only in BTC or alts as well?
>I don't work but I don't spend quite yet to see how it goes
If you want income I recommend selling options and making private loans on real estate. Both are low risk low management.

What's your dream purchase?
Mine is oceanfront property in a surf town in Mexico and enough income to angel invest about 1 Milllion a year.