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bank3r

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Nov 27

How do you copy trades?
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Nov 27
It actually only takes you to the stock page on rh with current version , doesn’t do anything beyond that So many people are asking so I made this into a copy pasta Beginner Advice Im a noob too- For beginners, I recommend starting small and looking for conviction plays in mid- to long-term investments with shares or long-dated LEAPS. These tend to have less execution risk and fewer mind games that can shake you out of a position. WTF is a good follow if you want to tail and gamble on options a few months out, but he often doubles, triples, or quadruples down on trades. If you follow him, understand the risk and how much of his bankroll he’s risking. For example, if he bets $5 million and that’s only 10% of his bankroll, you shouldn’t go all-in. Keep in mind the proportions, not the dollar amount. Be cautious with shorter-dated options as they carry more risk, so understand this if you follow anyone trading options under six months. Cantonmeow on X is a great follow for a more patient, higher-timeframe approach with shares, which has a higher chance of success. It's great to learn and enjoy yourself, but if you have a small bankroll, focus on allocating your energy toward growing it through business, side hustles, or your career. These have a much higher chance of growth compared to trying to day trade $500 into $1 million. Beware of anyone trying to sell you anything. 🍀 Recommended X Follows: @cantonmeow my TOP alpha/follow - high time frame technical analysis- all shares , catches some knives, likes good entries @StockPatternPro alien charts but is really good; nails a lot of the predictions @ripster47 important short term news, intraday fundamental and technical trends @miragemogul has had some great Low Time Frame calls on crypto/miners this year; respected technician @briantycangco China news/perspectives @financialjuice sometimes too many less important data points; economic news; can also sorted by priority here: https://www.fxstreet.com/economic-calendar @ShortsellerST charts and pretty sharp guy; some smallcap gems @marketmaestro1 charts, lots of tickers; patreon has a lot of color even with the non-paid access some additional crypto specific follows: @TVRN20 @ChartingGuy @Crypt0mer @News_Of_Alpha @Dentoshi @QuantMeta Super new to options? make sure to use limit orders instead of market orders: When you buy options especially with larger spreads on smaller stocks and out of the money strikes, make sure you use “limit buy”. You’ll see a bid and ask. Typically halfway between will fill and is much better than market price. Start bidding lower closer to the bid then move it up closer to halfway if it doesn’t fill. Also, first 30-60 minutes of each trading day often is more expensive premium since everyone is trying to get in then- although the individual moves of stocks can affect this. Good calculator with IV slider- optionstrat.com “build long call” it will give you an estimate for your gain based on price of underlying at different points in time- sometimes using this with support/resistance crayons can help to plan.