Trading trick for steady income

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Kevinmorris

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(I hope I posted in right place.. plz delete it if it's posted in wrong place )

Hii guys I believe here are multi-talented people.. can anybody Suggest the best trick for options trading.. I am not talking about education.. just a trick which can cause no loss and give steady income but passive one.. does anybody have any algorithm or formula . I know there are people with such smartness.. looking for answers.
 
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Kevinmorris said:
(I hope I posted in right place.. plz delete it if it's posted in wrong place )

Hii guys I believe here are multi-talented people.. can anybody Suggest the best trick for options trading.. I am not talking about education.. just a trick which can cause no loss and give steady income but passive one.. does anybody have any algorithm or formula . I know there are people with such smartness.. looking for answers.
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stay out of this area if you do't have enough knowledge. it's like a casino the house ( wales ) wil make profit. regular visitors will tank the casino
 
Kevinmorris said:
I know it's funny.. I am concerned about all those YouTube videos which promises such results.. how authentic they are ? Are they really worth following ?
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No. Don't waste your time when someone promises you a "steady" income with trading. There are automated programs but they can also make you end up lose everything.
 
I agree with the general sentiment that there is no golden goose in the options market. With that said, I like to look at the premarket gainers and look for a major S&P500 company that is up big (more than 2%). I then look at the overall market, If it is trending upward, I look for a good entry point in the first 15 to 30 minutes of trading and purchase at the money calls. The hold time varies from 30 minutes to several hours. I particularly like this method with big tech names
 
Heiko said:
No. Don't waste your time when someone promises you a "steady" income with trading. There are automated programs but they can also make you end up lose everything.
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Thank you for exactly understanding what I was talking about..
 
Heiko said:
No. Don't waste your time when someone promises you a "steady" income with trading. There are automated programs but they can also make you end up lose everything.
Click to expand...
This is so right. I bough a trading bot make about 10% proffit then loss all lol :))
 
Not to mention some jurisdictions tax options trading or any kind of leveraged trading at a higher tax rate, making it even less appealing. I know some close to 50%.
 
I tried many ticks but not of them have steady income
And eventually i decided to not trade on forex and other markets, coz of money lost possiblaty.
So, I found my steady income way in seo and content marketing.
If you write well and know a lot of seo, you can bring stable income for you in this way.
Finally, my advice for you is not try to be rich in one night. This is definitely impossible.
Good luck
 
Not automated but "The wheel" strategy is your best choice.

Google it how it works and only with stocks you'd not mind owning for years to come.

Good luck
 
Best trick: spend a few thousand hours of screen time watching one stock and practice risk management first before jumping into Options. Else you'll lose your shirt.
 
Options in my opinion are far worse than gambling. I would suggest something less risky, nasdaq. But please do your research, practice practice practice on a demo, talk to other traders and don't believe anyone who promises you 100% returns
 
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