Fishbum wrote:
I'm lost... Sorry.
All the ideas I threw out there are highly speculative and carry A LOT of downside risk.
Leveraged ETFs are meant to be day traded but through the use of leverage get you a compounded return. As well as loss if you are on the wrong side.
The other stuff is options. Which when used correctly can reduce your risk. Or when used as we were throwing around can cost you a lot of money if again you’re wrong. For example, covered call = you own a stock and sell the right to buy it at a specific price - reduces risk
Uncovered call = you sell someone the right to buy a specific stock but don’t own it - risk is unlimited. Covered you own the stock so your upside risk is stock does well you get called and only profit on the option premium. Uncovered, you sell someone the right to buy XYZ stock at 20. Let’s say it’s tradimg at 20. It goes to 100 you get called , you have to go buy it at a 100 then deliver. Since there’s theretically no limit on ceiling for a stock price it carries a lot of risk
"I think I've cracked the code. double letters are cheaters except for perfect squares (a, d, i, p and y). So Leddy isn't a cheater... "