About Me
I never wanted to do stocks and had no idea what options were. It was all an accident on how I came upon the stock market. I just dumped my 401k/IRA in some fund and just let it ride, barley even checking up on it.
One day the stock market was falling (March 2020) and I took note. There was only one stock I wanted so bad and this was Carnival (CCL). I’m a big fan of cruising and have went on a few, I just like the idea of traveling on a ship and eating all day. They have a perk that you need 100 shares to get onboard credit however at the time it was around $50-$60 a share and there was no way I’d come up with that money just to live in an account for years.
I saw CCL drop down to $12 and even down to $8 so I bought 100+ shares right away. It went up and also went down but I was making a few extra bucks.
So we were supposed to go on a 3 week vacation this year which was a huge chunk of change. I risked it and bought RCL,LUV,CCL without knowing anything.
After a few days +$1300
Wait…this is too easy, what’s the catch?
Well…you make money and you lose money FAST.
The only REASON why I got lucky with that trade was it was in the middle of the crisis and stocks were all time lows and I hit all the upsides. Any stock would have made you some money.
It’s LUCK not skill
Eventually with some dumb luck and additional funding…I made more in 3 months than I have ever made in 6 months LOL.
What’s this blog about then?
I’m more focused on option trading. I feel it’s less risky since all risk are set. I do still have common stock but I only swing trade when I can. I have started out fresh and managed all my risks so I don’t lose my gains. I’d like to prove to the world I’m going to make it in the stock options game….