clouddragon
I am just part time trader, also author of fiction, AI trainer and interested in spiritual things
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- Replying to @koolgal:yes.. like being consistent, I guess :)//@koolgal:🌟🌟🌟As we say farewell to 2025, I learned that conviction is not about chasing every wave, but riding the ones that align with my goal of FIRE - Financial Independence Retire Early. Dollar Cost Averaging (DCA) into my favourite Index ETFs is my compass - steady, patient and true. It doesn't chase meteors or panic at storms. DCA whispers: conviction is built one step at a time. DCA is my discipline when markets roar and when they whimper. DCA is my shield against regret, turning volatility into opportunity. DCA is my ritual, a monthly act of faith that wealth is not won in a sprint but in a marathon. Every
- Replying to @Venus Reade:I agree... usually after a Red friday... Monday is red too (I think). Also the tariff news came after market close on friday... and the Chinese answer is still out. Not to mention US budget...//@Venus Reade:$555 is pegged as the support for Monday morning. Important to remember all the stops. -5% -10% , I forget but it will be a crazy day come Monday or should i say mourn day🌟🌟🌟In a market meltdown like this week , options trading can become more than just tools. They become emotional armour , strategic levels and conviction amplifiers. For example Buy protective puts on stocks or ETFs you already own. If the market falls, your puts rise in value , offsetting losses. Example : Own $Invesco QQQ(QQQ)$ ? Buy a QQQ 3 month USD 350 put. If QQQ drops, your put cushions the blow . Options can help to navigate volatility with clarity. @Tiger_comments @TigerStars @CaptainTiger@koolgal：🌟🌟🌟In a market meltdown like this week , options trading can become more than just tools. They become emotional armour , strategic levels and conviction amplifiers. For example Buy protective puts on stocks or ETFs you already own. If the market falls, your puts rise in value , offsetting losses. Example : Own $Invesco QQQ(QQQ)$ ? Buy a QQQ 3 month USD 350 put. If QQQ drops, your put cushions the blow . Options can help to navigate volatility with clarity. @Tiger_comments @TigerStars @CaptainTiger
