Talk about stress free...you never take any substantial risks with your $, you play direction up or down (go long or short). Now, she happens to be very good at what she does, retired at 33, however I just asked her what she expects to make on her capital. She does 1-3 trades a day, only on futures, and sets tight stops, she said on 5K of capital she makes about $1,400 a month.
Let's say you start out and you're obviously not going to be that good, so you make only 500 a month on 5K of capital. That's still 10%, what we thought was good for covered call writing. Of course the difference is twofold: one, you don't ever risk losing your capital as you could with cc if the stock drops (like elon, ssti, other volatile stocks that were paying good %), but you don't have as much free time either. You are trading every day.
OTOH, look how much time we spend on these boards anyway!
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'Night. |
