Moving averages are one of the simplest technical indicators, and they are very useful for determining a stock's trend or to confirm a reversal. Moving averages are also the building blocks of more developed indicators like MACD.
This post will showcase how we can use moving averages to ide...
2021-06-02 08:09:35 +0000 UTC View PostDo you believe in technical analysis? I do. I don't take it quite as seriously as some people, but I recognize that I almost always trade better when I spend at least a few minutes evaluating the technicals.
Algorithms and trade desks use technical analysis, so at the very least, i...
2021-06-01 06:55:28 +0000 UTC View Post
A huddle for patrons only. Recorded the night of May 25.
2021-05-27 08:45:43 +0000 UTC View Post
This post concerns an article in the May 2021 edition of "Luckbox," the magazine published by the TastyTrade team. The title is "The Cost of Overconfidence." It's a good article that raises questions about how we receive information. Are experts reaching people with financial considerations, or a...
2021-05-10 03:59:55 +0000 UTC View Post
One of the largest challenges that new (and sometimes even veteran) investors face is determining how to structure one's portfolio.
Once my work colleagues found out I was an investor, they started turning to me to advise them on how to build a...
2021-04-28 19:02:48 +0000 UTC View PostTop 3 most exciting IPOs:
- Patreon: bullish, will go long 100 shares. No IPO date or ticker yet.
- Robinhood: neutral, will not take position. No IPO date or ticker yet.
- Coinbase: very bullish, will go long 100 shares. IPO April 14, ticker COIN.
2021-04-09 21:59:16 +0000 UTC View PostYour largest expense in life will likely be taxes. When we trade, we must pay capital gains tax on any position we close in the green. This post will discuss how to minimize taxation when wheeling multiple lots of 100 shares of the same stock. I will use my recent experience with LRCX 2021-03-31 09:00:12 +0000 UTC View Post
We all love the wheel, but are we getting the most out of it? This recording addresses some of the most common misconceptions that get in the way of huge gains.
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Transcript:
Hey guys, it’s Mikey Millions, and in this video we are going to reloo...
2021-03-18 00:40:22 +0000 UTC View PostA second look at how to select a weed ETF for investing. Recommendations include MJ, YOLO, MSOS, and TOKE depending on your approach.
2021-03-16 01:33:59 +0000 UTC View PostEarly posting for the patreon family.
How to use the Poor Man's Covered Call Options Strategy (PMCC) | WallStreetBets https://youtu.be/Q8A0WXbXXgA
2021-03-10 18:36:38 +0000 UTC View Post
This will be a somewhat different post, but if it makes a difference to someone, then it was worth writing.
I've learned that a lot of my Patreon supporters are young, sometimes in high school and ...
2021-03-01 18:54:08 +0000 UTC View PostSince I haven't been able to make the PMCC video yet, here is the audio ahead of time. I am still working on the PMCC video and it will be the next one released on YouTube. Eventually.
2021-02-26 17:17:01 +0000 UTC View PostAs you build out a portfolio over many years, you will likely find your goals changing. The young, hard-charging investor will be willing to take on large risks in pursuit of large returns. The retiree will want to avoid large l...
2021-02-20 07:02:44 +0000 UTC View PostWhether you like it or not, Joe Biden is the 46th President and the Democratic Party controls the White House, HoR, and Senate (with tie-breaking vice president). As such, the Biden administration will have a significant impact on policies that will affect many different sectors. Since the Senate...
2021-01-23 09:42:17 +0000 UTC View PostSPACs, or Special-Purpose Acquisition Companies, offer investors a phenomenal way to take a position in newly-public companies without having to wait in line behind large funds as in a traditional IPO. They can also be called "blank-check companies."
In a traditional Initial Public Offering...
2021-01-16 14:55:49 +0000 UTC View PostAt the request of Legate DuckWheels, here is a list of my top ETF picks for 2021. ETFs are baskets of holdings designed to track a specific sector or index. These funds purchase shares, options, bonds, or even other ETFs. This allows the ETF investor to grab a diverse set of underlyings with one ...
2020-12-25 17:47:34 +0000 UTC View PostBy special request from a young man who hooked me up with a Starbucks (SBUX) gift card, I am performing an analysis of a fun company called Turtle Beach Corporation (HEAR). HEAR was founded in the 1970s to create sound cards, but switched jackets in 2005 to enter the more lucrative and exciting g...
2020-12-14 07:19:41 +0000 UTC View Post
The 11/19/2020 Patron-only Discord broadcast for using strangles to get additional premium in order to support your rolls. Covers OTM strangles and inverted strangles.
2020-11-20 03:24:49 +0000 UTC View Post
Legalized weed in North America has hit a number of snags. Weed companies in Canada suffer from price competition from black market sales ($5/gram vs. $10.50/gram) and poor distribution. As a result, the...
2020-10-20 14:43:21 +0000 UTC View PostThe secret is out that I am in a training pipeline to become a financial planner. I am interested in determining how many people on Patreon would like to secure my services as a financial planner as part of their Patreon pledge. It would consist of financial planning and investment coaching.
<... 2020-10-04 07:38:17 +0000 UTC View PostSell Pickaxes and Shovels During the Gold Rush
We all know the story of how companies that made out like kings during the gold rush were not those who wallowed in shallow rivers sifting for gold flakes. The companies that did well were those that serviced those f...
2020-10-03 19:04:32 +0000 UTC View PostIt is about to be October, and that means we are getting closer to tax season. In the last two months of the year, it is time to start thinking about how we will handle our taxes. For some of you, this will be the first time you have capital gains tax to pay. It pays to know where you will be hit...
2020-09-29 14:00:04 +0000 UTC View PostSometimes, our covered calls and cash-secured puts don't go according to plan. We have all sold covered calls, only to see the stock rise well beyond our strike. Likewise, we've all sold cash-secured puts, only to see the stock drop well below our breakeven.
This happens to everyo...
The Hot Items
The 2020 election is the big catalyst remaining this year. Rightfully, people have reached out a number of times asking how to adjust their portfolios accordingly. This post will discuss what moves I am making, and what I am watching for.
The first thing...
2020-09-08 01:35:39 +0000 UTC View Post
Thank you for all the support from your Patreon contributions. Early access to the second season of the Robinhood $3K Challenge is yours.
2020-09-04 16:13:24 +0000 UTC View PostA Response to MonkeyDew, Pope of SPY θ
In the late night hours of August 30, 2020, MonkeyDew, Pope of SPYθ live-streamed the strategy that brought his account back from the brink of ruin. Using primarily ITM call debit spreads on SPY, MonkeyDew brought his acc...
2020-09-01 11:46:54 +0000 UTC View PostIf you live in the United States and drive a car, then you need to download GetUpside on your phone. You'll regularly save about $0.12/gallon on gasoline and, if you live in the DC area, can get 5-10% back at grocery stores and restaurants too (this service will expand to other areas in the futur...
2020-08-16 16:36:37 +0000 UTC View PostThe 5th Generation of Cellular Networks, or 5G, will undoubtedly have a tremendous impact on our lives. It will pave the way for new technologies that we are still awaiting, like Internet-of-Things devices that actually do something, or smart home devices that do more than play music on Amazon Pr...
2020-08-15 21:06:14 +0000 UTC View PostTeam, I am at work over the next few days and may not have time to make a complete post until the weekend regarding the TSLA and AAPL stock splits. Therefore, I am kicking out this quick post now to give you the alert on how I am playing these before the end of the trading week.
AA...