Making Millions, Stock Chart Reviews, & More
A Trader's Education podcast kicks off with a discussion about how to become a millionaire. What you can expect from the podcast and stocks I'm looking to buy.
This service is for general informational and educational purposes only and is not intended to constitute legal, tax, accounting or investment advice. These are my opinions and observations only. I am not a financial advisor.
I am increasing the value brought every week for subscribers to the A Trader’s Education Newsletter by adding podcasts to the mix. Still completely free, that won’t change.
To kick things off we have a three-part series on Building Wealth which begins with a discussion on starting at “zero” and building to a net worth of over a million dollars.
Every part of this series is a must listen and this week’s podcast, part 1 of 3, is packed with value.
I had a conversation with my friend Joe who has started @TheIndependentU and has one of the most interesting stories you will come across.
Joe has started with very little and built his net worth to over a million dollars not once, but twice.
When you get an opportunity to talk to someone with this kind of life experience and ability to achieve success, you take it. I hope you enjoy it as much as I did!
Joe and I discussed…
Humble beginnings and the goal of one million dollars
What it takes to “start from zero”
Overcoming “Limiting Beliefs”
Family, friends, and the fear of failure
Lessons from losing more than one million dollars
The importance of change, networking, and compounding your skills
Here it is, I hope you enjoy listening to the discussion as much as I enjoyed recording it.
In the coming weeks I have Twitter Spaces scheduled for discussions on Bitcoin, Real Estate Investing, and Dividend Investing. Be sure to follow me @tradernatehere to ensure you don’t miss out on any of them.
Weekly Chart Reviews
In addition to interviews with amazing people about building wealth I also host a weekly chart review with friends @ShaunClarke_ and @InvestKaye.
We review no less than a dozen charts every Sunday at 2pm EST, highlighting trade ideas for the coming week and providing our analysis.
The focus is also on providing education on how we analyze charts so you can learn to do the same on your own.
Join us live to be a part of the discussion and make requests for chart reviews.
If you can’t join the reviews live you will also have a chance to listen to the replay which I will also be adding to the A Trader’s Education podcast collection every Sunday.
Stocks I’m Looking to Buy
This week’s newsletter is abbreviated as I focused on getting the podcast up and running but it would not be complete without a look at what I’m trading next.
I’ve recently added to my position in MARA and continue to hold NIO and sell calls against my shares aggressively.
For MARA, I like adding while the shares trade below $7.50 and selling calls at $8.00 or $8.50 as the shares climb.
For NIO, I’m expecting the price to start rising back up into the lower half of its range between $9.40 and $11.05. I’m focused on selling calls that are $1.00 or $1.50 above the current share price and no further out than 10 days to expiration.
I still have RKT and SOFI on my radar, two stocks that have already been a part of the Covered Call Strategy Portfolio this year.
A new name that has the combination of trading in a range, bouncing off of support, and options with fat premiums is Coupang (CPNG).
I like the bounce off of $14, accumulating shares between $14-$15 and selling calls at the $16 strike price.
I hope you find this information useful each and every week.
I will continue to post ideas on Twitter for stocks I consider to be in ideal spots for buying shares or selling calls.
I will also highlight which call options you might consider selling and why.
If you have any questions, be sure to find me on Twitter @tradernatehere and send me a DM! I am always up for talking trading.
Also, be sure to follow for daily posts on trade updates and trading strategies as I pursue my goal of educating thousands on the many ways trading options can help build your account.
Have a great week of trading ahead!