Since I joined tiger about 7 months ago I've turned just over $5000 usd into over $12000 usd. Does that make me happy? Heck yes. Faced with a total investment portfolio of about $35000 and less than 11 years til retirement, my predominately dividend based Portfolio is realistically not going to give me a comfortable retirement. So I felt better to burn out than fade away. I either take much greater risk and loose it all, or make a fortune.
Hence I joined tiger to learn options trading. Granted, I've only deployed 5 of the 35k I have into options on high growth potential stocks but it's going rather well so far. And as options trades go in the money I do redeploy some of the profits excising the options for less risky stock, and also increase positions in more predictable dividend stocks to increase predictable monthly cash inflows from dividends.
Actually I'm now in the position that all my options trades are done with profit, so I'm playing with the houses money. By the end of next year my goal is my tiger account to be worth $100,000 and I'm only buying options in stock that I truely believe have massive growth potential, like $Rocket Lab USA, Inc.(RKLB)$ $SoFi Technologies Inc.(SOFI)$ and $NVIDIA Corp(NVDA)$. Also brought some calls in $NEP 20260116 17.5 CALL$ this week because I just believe it got seriously over punished. Not so bullish on those trades though, because I don't think they will go crazy, but it gives me a nice entry point to excise them by 2026 and lock in a nice price point for a small deposit now, we shall see in time.
@TigerWire @Tiger_chat @TigerStars @TigerPicks @Daily_Discussion
But more money is definitely making me happy. But if I really think about it, it's not really about the money. It's actually about the fact that I have devoted a ton of time to working out a strategy to make money, and that strategy is working so far. I've always been more impressed with myself when I learn a new skill, apply it and it works. Usually that leads to financial gain too, but not alway.
But if next year I can turn $10,000 into $100,000. Well that will be a huge success. I just need to stay the course, adjust the course if the wind changes direction, and most importantly, keep learning.
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