Greg, I pulled just over 257k in profit based on your recent trade and excellent advise. I heavily bought the dip. All done in just a few short days. 1st time ever pulling over 1/4 of a Million. Thank you and keep the trades coming. Gregs' book = Wealth transfer by the People and For the People ! Highly recommend ****
No offense but if you're making $250,000 on a $750,000 count your betting too much your risk is too high. You're literally risking 1/3 of your trading account on options which Anything Could Happen. You really should only be risking maybe a couple percent at most on one trade because anything can happen. It's kind of like flipping a coin you can be right 10 or 15 times in a row but one time can wipe you out you got to be careful.
The 257k was the profit and the total acct is now 750k after following Greggs trades. Yes I did alot. Know your risk. I am moving 500k into Gold, silver and crypto. Will work slowly to increase the remaining 250k. Peace ~
Wow, I commend you! Having strong emotional intelligence is difficult to master. Buying the dip with force and large positions while the market continues to crater is stressful. I've blown up my account before and it's hard to get rid of that fear. Thanks for sharing.
Nope but I applied his advice to a loosing trade this morning. Last week bought an AAPL trade at 2.11, bought 33. Woke up today to .05. My heart sunk and only had 2 days left for expiry. Not a good trade, ok. Bought 2,000 more options at .05 as it started to go up. Now 2,033 options at an average of .0669. It went up to .24 and I sold at .23. Approx 33k profit. Thank you Greg
I only started trading this past summer and found Greg pretty fast. Thank God ! In the summer I started with only 5k in my trading acct, (had to start somewhere) I bought just 1 of Gregs trades. 1 option cuz it was over $1,200 each. When the dip happened.... I listened to Greg. Buy the hell out of that sucker and just sit back and wait. Came out a massive winner and I didn't hesitate to take the profit. Waited for the next trade, biting my nails and repeated the process. Just buy 1, then hammer the dip, wait & pull. Do not fear the dip.
Welcome the dip. Went from collecting unemployment to 755k in my trading acct.
No, what I was trying to say is that I only started my trading acct last summer w 5k and by following Greg and all his advice on his trades, plus his book, I'm up to 755k. The increase was Not on one trade.
Sweet!! For this specific SPY position, what did you start with? I'm thinking I need to increase my position size b/c I do end up gaining a lot, but going with small amounts like 10-20k.
Then waited for the dip and bought alot to drive the average lower and multiple profit by increasing the amount of options. Only start w 1. Make sure you have same expiry as Greg, or 3 months out. Helps you to sleep better and have less worries about what comes on the news cuz that makes it swing daily.
Thanks to your book, I now understand how to take a loosing trade and turn it into a huge winner. I was one of the ones who lost my job and hanging on by my finger tips. Well, no more ! This has been a life changer. Please help yourselves and buy Gregs' book. Love it !
Neither did I. I used unemployment during a lockdown. Just buy 1. Then hammer the dip. Buying 2 cuts the average in half. Buying 2 more cuts it in half again. Let it rise to double your average and pull it. Dont be greedy. Be intentional.
I'm out for today. Made quite a bit, especially in 375 calls. I have a gut feeling about this afternoon and I'm not sure how the market will respond. I'd rather take profits now.
If today goes off without any major action, I'll come back in tomorrow.
Greg, If I reuse an old Call option that is no longer listed in the option chain, would you say that is foolish because there is no longer any volume for it to grow?
Greg, I pulled just over 257k in profit based on your recent trade and excellent advise. I heavily bought the dip. All done in just a few short days. 1st time ever pulling over 1/4 of a Million. Thank you and keep the trades coming. Gregs' book = Wealth transfer by the People and For the People ! Highly recommend ****
Cool! I only made 214$. Lol. We all have to start somewhere. Lol
For me, this trade was a life changer.
Cool! Welcome to the family!
No offense but if you're making $250,000 on a $750,000 count your betting too much your risk is too high. You're literally risking 1/3 of your trading account on options which Anything Could Happen. You really should only be risking maybe a couple percent at most on one trade because anything can happen. It's kind of like flipping a coin you can be right 10 or 15 times in a row but one time can wipe you out you got to be careful.
The 257k was the profit and the total acct is now 750k after following Greggs trades. Yes I did alot. Know your risk. I am moving 500k into Gold, silver and crypto. Will work slowly to increase the remaining 250k. Peace ~
Wow, I commend you! Having strong emotional intelligence is difficult to master. Buying the dip with force and large positions while the market continues to crater is stressful. I've blown up my account before and it's hard to get rid of that fear. Thanks for sharing.
Yow Patricia! Can we follow your trades, maybe post them on twitter?
I don't tweet. Follow Gregs trades and buy the dip and win.
hmm, you're not Greg are you lol?
Nope but I applied his advice to a loosing trade this morning. Last week bought an AAPL trade at 2.11, bought 33. Woke up today to .05. My heart sunk and only had 2 days left for expiry. Not a good trade, ok. Bought 2,000 more options at .05 as it started to go up. Now 2,033 options at an average of .0669. It went up to .24 and I sold at .23. Approx 33k profit. Thank you Greg
WOW congratulations!! May I ask how much did you have initially with investment? Like 100k?
I only started trading this past summer and found Greg pretty fast. Thank God ! In the summer I started with only 5k in my trading acct, (had to start somewhere) I bought just 1 of Gregs trades. 1 option cuz it was over $1,200 each. When the dip happened.... I listened to Greg. Buy the hell out of that sucker and just sit back and wait. Came out a massive winner and I didn't hesitate to take the profit. Waited for the next trade, biting my nails and repeated the process. Just buy 1, then hammer the dip, wait & pull. Do not fear the dip.
Welcome the dip. Went from collecting unemployment to 755k in my trading acct.
Did you change from 5k to 755k without adding more dry run?
257k was on 1 trade
No, what I was trying to say is that I only started my trading acct last summer w 5k and by following Greg and all his advice on his trades, plus his book, I'm up to 755k. The increase was Not on one trade.
impressive.
Sweet!! For this specific SPY position, what did you start with? I'm thinking I need to increase my position size b/c I do end up gaining a lot, but going with small amounts like 10-20k.
I literally bought 1.
Then waited for the dip and bought alot to drive the average lower and multiple profit by increasing the amount of options. Only start w 1. Make sure you have same expiry as Greg, or 3 months out. Helps you to sleep better and have less worries about what comes on the news cuz that makes it swing daily.
Great advice...I normaly buy many calls...I will try this out for the next one...very smart!
well, thats big...
Lovely morning
Thanks to your book, I now understand how to take a loosing trade and turn it into a huge winner. I was one of the ones who lost my job and hanging on by my finger tips. Well, no more ! This has been a life changer. Please help yourselves and buy Gregs' book. Love it !
I too bought the book. I just didn’t have as much money to start out with as most do.
Neither did I. I used unemployment during a lockdown. Just buy 1. Then hammer the dip. Buying 2 cuts the average in half. Buying 2 more cuts it in half again. Let it rise to double your average and pull it. Dont be greedy. Be intentional.
As soon as I read this email I bought put LOL I'm up about 8% on those cover
In Profit! Thank you Greg!!!
Pulled a profit, thanks Greg 🦁
Pulled profit a lil while ago.
I was at work watching that thing run. It was crazy.
Even a small position does well. Thanks man 🙌
Yes Sir!!! Thanks Greg!!!
Pulled👍
Thanks for keeping us (i.e. most of us) cool during that drop. I bought the dip held tight and am sitting pretty.
man, you nailed the top.
Thanks Greg.
I'm out for today. Made quite a bit, especially in 375 calls. I have a gut feeling about this afternoon and I'm not sure how the market will respond. I'd rather take profits now.
If today goes off without any major action, I'll come back in tomorrow.
Greg, If I reuse an old Call option that is no longer listed in the option chain, would you say that is foolish because there is no longer any volume for it to grow?
Thank you Greg.
I pulled out at what I thought was a handsome profit, and then this rocket ship came flying by. Has anyone seen my face laying around?