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I can do way better than 20%. I do 100%. That's how I make my money and pay my bills. I charge for that skill because it has value. This is scalping which I don
by marketgod 8y ago
I can do way better than 20%. I do 100%. That's how I make my money and pay my bills. I charge for that skill because it has value. This is scalping which I don't do, it's just a good strategy to learn from, IMO.
I don't utilize it because my strategy is much better.
The risk with the wheel is getting assigned stock which you hold forever, but you sell calls against it and over time it ends up being profitable.