I’ve have to admit. I been deaf ears to the Crypto world for a long time now. I just couldn’t understand it. I’m not even sure if I wanted to understand it. But now I’m starting to open my eyes. Even though my vision is …
Yesterday’s Live Feed was epic. Not only was it a great video talking about the stock market on Youtube Live, it was a record breaker. All my lives are fantastic and informative. Don’t take it from me, take it from the viewers and the …
Here is a quick look at my stock portfolio. Here on Dretrades, I will show it from time to time. As you can see from the gains and from the Charles Schwab StreetSmart Edge Software; I am a trader that actually pushes the button. Big ups to Samantha Bryant from the “Talkin Options” Youtube channel for pushing the issue on traders who don’t actually trade or as Samantha says, “Push the Button”. On institutional/retail trading platforms, it’s pretty easy to show you the portfolio, profits, or trades with just the click of a button.
Moving on, check out the video and the portfolio. At this time, I own about 22 positions. All of the positions are option positions. One of the main reasons that I trade options is for the power of profits. Looking at my P/L column you can see that these positions have me up approximately 21k. There are only a few losing trades because with options, you can easily manage your risk. You can do it with safe trades to where the probabilities of success are in you favor or you can get real aggressive if you are bullish and put on an options trade that can net you thousands if you are right. Direction and time is the key to options trading, but as long as you trade with the probabilities in your favor, you will have many wins. Just be sure to keep the loses small and I assure you; with high probability trades, there won’t be many losses.
Be sure to follow my Youtube channel as I always tell you what stocks I am watching and usually most always do technical analysis on the stock and hint on what type of option positions you can put on.
Thanks for watching and hit me up on twitter and let me know you was here.
Twitter handle: @dretrades
This is a quick story I figure I share with everyone on a missed trade. We all have miss trades, but this one maybe costing me upwards of $40,000. Yes, 4k. I share in this video my NVDA stock trade. Actually, it’s more like an …
Here is a different topic that’s not a video. My girlfriend came over to see me. Just lying on the couch while we work on the computer together. After leaving and going into the kitchen, I return while she is on the phone. The picture …
This is the raw truth about cryptocurrency videos on Youtube. To sum it up real quick, all Youtubers who talk about Cryptocurrency channel is hot. I love Crypto. The more I explore it, the more I love it but recently during my explorations, I noticed that every video I watch has thousands of views. I can find a new Youtuber who just started his or her channel with only two or three videos and they would already be over a thousand subscribers. Each video on their channel will have well over 5k views a video.
This quick study has led me to the conclusion that I have been missing out on one of the hottest trends of our lifetime. The funny part is that it is still early. I have come across Youtubers who sold out their niche just to become Youtube famous by talking about cryptocurrency. I promise you, I will not do that. I will always talk stocks, talk options, and talk my trades. Sprinkle in a couple of life videos and even crypto videos and you will have the DreTrades Youtube channel.
Tell me what you think about cryptocurrency and if you noticed the same trend that I am just now noticing. Tell me your favorite Cryptocurrency and how much you have invested in crypto as a percentage of your total portfolio.
Right now, my portfolio consist of about ten percent crypto and the rest options. I don’t even own stocks anymore. I do all options trades as I find that they power my portfolio to new highs daily with the occasional blow up from time to time for a 5-10 percent loss. We have to keep those to a minimum for sure. When you sell credit spreads, It happens. So don’t let anyone tell you that it don’t
My favorite crypto currency is Safemoon. Go Safemoon Army. What’s yours?
#safemoon #safemoonarmy
During the past several days, I have been looking at the option statistics on Opendoor stock (symbol:OPEN). What I have been noticing is something I haven’t noticed on any stock ever. That something is the put call ratio. As of this post on June 29, …
In this video, we talk about the two of the hottest stocks in the stock market today. Those two stocks are Rocket Mortgage and Draftkings. Both stocks are juggernauts in this market of stocks. So what do I talk about in this video. Well, I …
Nio Stock has been on a tear lately so it is definitely worth taking a look at it on this blog. It’s even better that I produced a video on it breaking down all of the technicals on the chart. The way I do technical analysis is easy and simple and really that is all you need to read charts. All the fancy indicators and bells and whistles are not better than simple trade lines, volume and price action. With that being said, it’s the price action that has me worried about Nio stock.
The price action on the stock is actually great, but a little to great. I feel that there is no reason that Nio stock can’t continue higher but that’s not a sign to jump all in. Nio stock has been on such a tear, I feel it’s time to take profits or if your looking to get in at this point, wait until we get a pullback.
Since the release of this video, the stock has already seen a 7 percent pullback, and when looking at the history of this stock, 20 percent pullbacks are the norm. I break down everything that I am talking about on this post in the video, I give you the visuals of the pull backs and the concerns that I have with Nio stock going straight up on the monthly chart. You see, stocks that go straight up don’t always continue that way. It usually ends ugly or we can hope for the bright side and that’s for the stock to go sideways. If the stock goes sideways without losing price, that action is bullish and can be seen as a possible entry into the stock.
For right now, you can go at it. There is really nothing wrong with the stock, but please use caution as this stock, Nio Limited; is heading into the clouds.
So for the first time, the Dow Jones Industrial Average reached 30,000. So know what? Do we continue to go higher? Level out sideways? or start to head down? Well, in this video, we look at all the possibilities of where the stock market could …