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A CSP is an invoice to the market for your patience.
You collect premium up front in exchange for the obligation to buy shares at your price.
If $OSCR stays above your strike, you keep the cash.
If $NBIS drops below, you’re assigned 100 shares at your target price.
You either get paid to wait or enter a stock you wanted at a discount.
This is one of the core ways I’m building $10k/mo in consistent income.
CSP = Compounding Starts Patiently.
Here are the stocks I’m tracking daily:
$HIMS $BMNR $BITX $RIVN $T $BROS $VIK $INTC $CELH $NVTS $OPEN $RKLB $SOUN $ASTS $EOSE $OSCR
The single hardest part about playing the market has nothing to do with strategy
and everything to do with knowing who you are.
Awareness about yourself is the key to unlocking financial freedom through the stock market, nothing else.
Fear
Greed
Anxiety
Patience
Boredom
These will all be challenged daily.
Learn to master them and you’ll master the game.
This is how the 10% survive long enough to make a difference in their life.
Use it to make a difference in yours.
When looking to invest, ask yourself the following 3 questions:
1. If I lost all the money I put in, would it break me?
2. What am I looking to get out of my investments?
3. How long is my investing timeline?
Knowing the answer to these 3 questions helps you determine the following:
- how much to invest
- which type of investing account you should use (traditional, retirement, Roth, etc.)
- which strategy to learn (long term, swing, options, day trading, etc.)
- which instrument/securities to buy (stocks, ETF’s, forex, options, crypto)
- how best to manage and protect your money
The fastest way to lose money is day trading someone else’s long term strategy.
The mental side of investing is arguably more difficult than the technical.
You can research everything..
Chart patterns
Cash flow statements
Leadership ability & execution
But can you stand behind the decision you make with certainty when the market responds negatively?
Can you look at your portfolio down and still believe you’re making the right decision?
Can you experience several red days in a row and not give up on yourself or your investing philosophy?
This game isn’t against anyone else.
It’s you vs you.
Can you trust yourself?
Replying to @TheBrilliantBu1
These days make me second guess my judgement on investing, but I have to keep in mind I invested the money I saved and it’s better here than being wasted elsewhere.
But hopefully things change and I get a few wins to offset the drops. I was over 10% up at one point and lost it.
To sell the covered call portion of my $HIMS PMCC before earnings or not to sell.. that is the question.
74% of max profit.
What would you do?
$HIMS reports Q3 earnings tonight.
Investors are watching if strong core subscriber growth can offset the Q2 weight-loss dip. All eyes are on new product traction and marketing efficiency to prove sustainable margin expansion.
EPS est. $0.1
Revenue est. $552M
Decided I’m holding $HIMS PMCC into earnings.
$60 call
$70 covered call
If they blow through expectations and the stock price skyrockets I’m okay making $10 a share + my premium.
If they don’t, I’ll let the covered call expire worthless and sell another one.
nitter.gq/6figurecheck/status/19…
🧵The most dangerous feeling in trading isn’t fear.. it’s FOMO while you’re winning.
Here’s how I managed mine after the $HIMS breakout ⬇️
My first buy of $RDDT was $39 per share April 17th, 2024.
I sold 6 of those shares around $242.
It has been and remains one of my best investments ever, currently over 220% profit.
In an AI world, user opinion is extremely valuable.
I believe there’s still room to run.
People will confuse your self belief with ego and call you crazy.
They’ll tell you it’s impossible.
Ask: for who is it impossible?
If someone else has done it, by the very definition, you’re capable of doing it.
And if it hasn’t yet been done..
Who’s to say you can’t?
Everything in life was once deemed impossible until someone crazy enough came around and refused to believe so..
Who refused to give up on themselves.
Be confident.
Be crazy.
Believe in yourself.
I am not successful because I got “lucky”.
I am successful because I believe in myself to the point of delusion.
I genuinely believe I am capable of accomplishing anything and everything.
You need to believe in yourself.
This is the most important piece to your success.
Trust yourself and DO NOT QUIT.
Your company cares about 2 things:
1. Will you say yes to everything?
2. Will it make or save money?
They don’t care about your
Ideas.
Character.
Relationships.
Mental health.
Accomplishments.
I was this guy.
Never again.
The hardest part about successful investing is sitting on your hands and doing nothing.
The urge to take a trade for the sake of doing something is the reason you're unprofitable.
Learn to slow down.
Learn to be patient.
Learn not to force or chase trades.
There is and always will be another opportunity.
Patience is a skill.
Learn to curate it.
















