🌟🌟🌟Australia's share market ended last week on a strong positive note as the ASX 200 Index hit the magical figure of 8000, the highest on record! $COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$ has overtaken $BHP GROUP LTD(BHP.AU)$ as Australia 's biggest company in market capitalisation of AUD 221 billion. $iShares MSCI Australia ETF(EWA)$ is my tactical play to capture the huge potential of Australia' s best companies in just 1 trade. It has risen 3% in the past 5 days and is up 5.7% year todate. In 2023 EWA was up 10%. The Top 10 holdings include Commonwealth Bank, BHP Group,
🌟🌟🌟It is fortunate that Donald Trump managed to escape the assassination attempt. It is certainly a scary time especially for everyone who was there. But it showed Trump's courage in the face of such danger. $Trump Media & Technology(DJT)$ is the ultimate Trump stock. Already its share price has jumped 60% since the incident. However DJT is a volatile stock. So a good strategy to maximise profits and minimise loss would be a Bull Put Spread Strategy. This Options Trading Strategy involves selling a Put Option while at the same time buying another Put option with the same expiration date but at a lower strike price. This would put a ceiling on the profit earned but at the same time also minimise the loss.
$MicroStrategy(MSTR)$ $Marathon Digital Holdings Inc(MARA)$ $Coinbase Global, Inc.(COIN)$ $Riot Blockchain, Inc.(RIOT)$ As much as Trump SEEMS to favour cryptocurrencies and be pro-crypto now, have you guys wondered if it was all for the show? If it was just to garner votes for his upcoming presidential election? That if he was elected, he may not do anything for the crypto space at all? Because he never truly bothered to understand crypto and used to condemn it? Is anyone as skeptical as me? Is everything Trump say too good to be true? Will he end up empty promising just like Elon
Investors may lose money due to variable reasons.An important reason is that investors often hold onto options positions too long, hoping for bigger gains.A WSB user recently shared a story that he made correct predictions on $NVIDIA Corp(NVDA)$’s recent correction. He bought puts when it dropped from $140 would have been a solid bet.But he held on it too long, resulting in significant losses (~$60k).Therefore, options trading is likened to poker and blackjack, where walking away with profits is essential.Here are seven ways of not losing money. Do you agree with them?Start Slow and Learn:Avoid impulsive and frequent trading.Withdraw Profits Regularly and Keep Cash Handy:Withdraw some money to saving account to keep the reality of profits tangible