This chapter is excellent. Written in such a way, even my wife is beginning to understand the conversation. So thank you for this and we await expanded articles and topics in the days to come.
This is practical advice for those members approved for tier 2 trading. Is it possible to address the strategies involved for those members who are not approved just yet? Take, for example, the Targaryen portfolio. Does it make sense to create a similar portfolio for tier 1 participants? Call it the Nightwatch, bound by the 5K to 1M goals but with tier 1 trading parameters?
We allocated the initial 5k to participate in the Targaryen project. That amount represents only 2.22% of our total portfolio so we’re very comfortable with this risk. I just wish there was alternative guidance for tier 1 level trading. I have to say, I do see some ideas at tier 1 with regards to covered calls, I’m just hoping there’s more content that could expand the discussion. If I’m alone in this dilemma, then I could see it not being worth your time. But maybe I’m not alone and several members would benefit from such an approach?
No matter what, thank you for your time and for sharing your insights.. I’m learning tons.
So it would get too complicated if we start doing sub-plays and alternate plays and things like that. We’ll discuss it in the next part to this and how to address that.
By
/ January 30, 2025 
Sam –
This chapter is excellent. Written in such a way, even my wife is beginning to understand the conversation. So thank you for this and we await expanded articles and topics in the days to come.
This is practical advice for those members approved for tier 2 trading. Is it possible to address the strategies involved for those members who are not approved just yet? Take, for example, the Targaryen portfolio. Does it make sense to create a similar portfolio for tier 1 participants? Call it the Nightwatch, bound by the 5K to 1M goals but with tier 1 trading parameters?
We allocated the initial 5k to participate in the Targaryen project. That amount represents only 2.22% of our total portfolio so we’re very comfortable with this risk. I just wish there was alternative guidance for tier 1 level trading. I have to say, I do see some ideas at tier 1 with regards to covered calls, I’m just hoping there’s more content that could expand the discussion. If I’m alone in this dilemma, then I could see it not being worth your time. But maybe I’m not alone and several members would benefit from such an approach?
No matter what, thank you for your time and for sharing your insights.. I’m learning tons.
So it would get too complicated if we start doing sub-plays and alternate plays and things like that. We’ll discuss it in the next part to this and how to address that.
Sure.. I half wondered about the complexity.. no worries.. will just wait for the next installment for the discussion on brokerage limitations..