I'm an options trader from Maui. I've been trading for about 18yrs. My first experience in the market was In 1998. I was managing property as a college student and invested all the rental income into a tech stock. The stock immediately tanked and I ended up working an entire summer to pay back my losses. Several years later I had one of the most memorable moments as a trader.
On July 24, 2000, I made thousands of dollars exposing a fraudulent stock (AVAX Technoloy) on CNBC's Power Lunch. The CEO, Jeffrey Jonas was interviewed and I emailed in some questions. He couldn't answer any of them. The stock immediately sold off. I was short several thousand shares and the stock lost half of it's value in about 3 hours. Today, the stock is delisted.
In 2006 I started trading futures and formulated an automated system that made $60,000 in two months. I thought I found the "Holy Grail" of trading but when the 2008 crash happened, I ended up giving it all back. This time was so stressful that I stopped trading for about 6 years.
In 2014 I stumbled upon the "Karen the Supertrader" video and it was my first introduction to Tastytrade and the concept of selling premium. This was far less stressful than selling futures and I saw results that were smaller but more consistent than any type of trading that I had done before.
My current trading style is to remain delta neutral and collect .2%-.6% of my account size in theta per day and to grow 1% per week.
I've recently been exploring the realm of cryptocurrency and am excited with the potential in this space. I know it will be a while before there is futures and options available for the different coins, but I believe it will happen in time.
Welcome to Steem Community @jonavan808! As a gentle reminder, please keep your master password safe. The best practise is to use your private posting key to login to Steemit when posting; and the private active key for wallet related transactions.
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Hello, Jonavan808, Let me welcome you to Steemit. Hope you gonna have fun with our community. Feel free to follow me @rightuppercorner Have a great time @rightuppercorner
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Thanks, @rightuppercorner, still trying to figure this platform out. Does it cost you anything to upvote someone's post? How does someone earn Steemit while posting? Also, is the online wallet secure? I've looked for a desktop wallet for steemit and found nothing.
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