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  1. Martzee

    My Path to Trading Business

    HOT! INVESTING 
    December 2020 and the entire year 2020 is over. I trade 4 accounts and have slightly different strategies for each. That depends on the type of account. If it is a cash account, the strategy is different than in the margin account. Considering how difficult the 2020 year was, it was a very...
  2. Martzee

    Investing in index funds without the wrinkly old grandpa age limitations of IRAs/401ks?

    INVESTING 
    There are many rules in the investing world and one of them is "do not invest money you cannot afford to lose or need in a long time" Your claim that "you might need that money ... in the coming years." You need to sort this out. What exactly is the "in coming years"? In one year, two years...
  3. Martzee

    My Path to Trading Business

    HOT! INVESTING 
    I already wrote about it on my blog. I do not want to re-post or rewrite it, so please, go there and read it there: Selling Covered Calls below your stock cost basis. What to do?
  4. Martzee

    My Path to Trading Business

    HOT! INVESTING 
    Definitely save enough capital to trade. Many investors and traders fail because they are undercapitalized and when something goes wrong, they do not have enough money to adjust the trade and must close it for a loss.
  5. Martzee

    My Path to Trading Business

    HOT! INVESTING 
    The Wheel Strategy I trade If you are familiar with this strategy, you can pretty much skip this post as you already know all the ropes. If you are a novice investor, this strategy may help you maximize your returns. This strategy utilizes trading stocks and options. I use this strategy myself...
  6. Martzee

    My Path to Trading Business

    HOT! INVESTING 
    See below in red: How do you generate cash when the market is moving down? I sell options, primarily, to generate cash (plus dividends), so it doesn't matter much where the market moves (but...). I sell strangles, that is, I sell a put and a call at the same time, same expiration. If the market...
  7. Martzee

    My Path to Trading Business

    HOT! INVESTING 
    Unfortunately, I will not be able to help you with or provide input on Forex. Although some aspects may be similar, such as using technical analysis (which I do not use much) you also need to be aware of the currencies market, economic forces impacting currencies, and the relationship between...
  8. Martzee

    What do you guys think of Sara Blakely's Masterclass?

    HOT! 
    Let me put it this way. If this master class was one-on-one coaching and helping you start and manage your business, teaching you everything you need to succeed then I would say OK, it is worth it, and it is a deal. But what makes you think that it is a deal when this masterclass is either a...
  9. Martzee

    What do you guys think of Sara Blakely's Masterclass?

    HOT! 
    That's funny. Evidently, there are people who need a safe space and unable to cope with criticism. Well, snowflake, go ahead and block me.
  10. Martzee

    What do you guys think of Sara Blakely's Masterclass?

    HOT! 
    You have a mental problem :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: Nobody is telling you not to waste money on big B billionaires courses. I have a friend of mine. He was going to all courses he could get his hands on. All legendary investors, known to the investing and trading world. He...
  11. Martzee

    How to invest 100K+ ?

    INVESTING 
    You still need to do homework if you want to invest in individual stocks. And you need a strategy. If you want a hassle-free investment and still individual stocks, look at dividend aristocrats. Pick 10 of them, and invest in them. Check their valuations too before you throw money at them, as in...
  12. Martzee

    Intro - how i just lost $8k/month because of CONTROL

    INTRO 
    That is exactly what I was referring to. You can get shut down in a heartbeat and it will not be your fault and you won't be able to do anything about it. But you are on the right track, you are looking for ways to make sure your revenue keeps coming even if one source gets shut down or is...
  13. Martzee

    What do you guys think of Sara Blakely's Masterclass?

    HOT! 
    What is your problem? You do not like criticism? Is the spirit of this forum patting each other on a shoulder and telling you what a great value you are providing? I like telling what I think and what my opinion is. And my opinion is that this thread is crap. Go to any forum providing opinions...
  14. Martzee

    What do you guys think of Sara Blakely's Masterclass?

    HOT! 
    Yes, sure, a billionaire with a big B is so vested in giving you advice for $180 a year that is such a great value. :rofl: :rofl: :rofl: :rofl: :rofl:
  15. Martzee

    Intro - how i just lost $8k/month because of CONTROL

    INTRO 
    I was just disputing the claim that with Google Adsense you "have full control". You don't. You still rely on a third party. One day Google shuts down their service and your stream of income is gone. It works for MJ because it is one of his income venues, not the only one. Warren Buffett once...
  16. Martzee

    What do you guys think of Sara Blakely's Masterclass?

    HOT! 
    Why would I be wasting my time researching somebody I have never heard of just because one guy is asking what to do based on what we think about some (possibly yet another) promoter of a holy grail? I assumed the sarcasm in my question was obvious... I guess, it wasn't. Are you buying any...
  17. Martzee

    What do you guys think of Sara Blakely's Masterclass?

    HOT! 
    Who is Sara Blakely?
  18. Martzee

    Intro - how i just lost $8k/month because of CONTROL

    INTRO 
    Full control with Google adsense? Google changes algorithms every year or so. Your best ranking and income in 2020 will suddenly turn around in 2021 due to different Google ranking. You have no control. It's just an illusion.
  19. Martzee

    I'm 17 and I want to do something good.

    MINDSET 
    Nobody can tell you what to do and where to start but yourself. It is not like you ask "what to do" and someone you have never met before tells you "start selling frozen crabs" and you become a millionaire because they sold frozen crabs and became millionaires. You must find the answers for...
  20. Martzee

    My Path to Trading Business

    HOT! INVESTING 
    I do not look at indicators much as I do not trade. My strategy, as described in my "Trading Plan" above is to accumulate assets and trade options around these assets. Thus, I use the Wheel Strategy and with this strategy, I do not care much what the market or stocks are doing. For example, I...
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