I mean it's not rocket science.
I'm no smarter than anyone else. I just have experience and I'm by nature a risk taker.
But there is NO reason why your brokerage account can't be positive in the plus column ever year of your life.
Conversation
/1 No reason except for fear n greed. Scraped back profit from $PG calls today after seeing them go to 1$. Bought 128 C 7/17 for 24 and 14, sold today for 20 ea. Wish I had bought all those I could for $1. But when my options go to $1 they almost always expire worthless.
/2 Sometime you have to throw good money after bad in this business!
/3 Here is my reasoning for $PG calls:
stockcharts.com/freecharts/sea
Don't see 100% very often in this business.