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Should I Sell Covered Calls In Roth IRA?


Timestamps 👇 Goodies 👉 👍 & 0:00 Intro 0:30 Day Trading RECAP 1:00 Margin With Roth IRA 2:32 What Trading Strategy is Best For Roth IRA? 3:55 KZR Stock Trades 4:52 GGPI Stock Trades 5:33 BIMI Stock Trades 6:33 GOVX Stock Trades 8:04 PROG Stock Price Action --- FAQ: Q: What trading platform do you use? A: ThinkorSwim from TD Ameritrade (because it's really nice and free) Q: Do you trade the market open every day? Will you trade the market open today? A: We streamed the market open since November 2019 since June 25th, 2021 this is on pause, until further notice. Q: Do you have a video on how you make a watch list (stock scanner video)? A: Why yes I do.. - any updates will be mentioned in the discord under the TD Ameritrade chat. Q: I like your TOS layout how can I set it up? A: Day Trader : A: Day Trader - Vert AT link: Q: How can I add the Mixed Vol to my TOS? A: Full video on it here: (also inside our discord) A: Join the Discord here: Q: Do you still trade crypto? A: Yes every day. And this video "How to Make $100 A Day Online from Home (3 PROVEN Steps To Consistently Do It!) " is exactly how and exactly what I'm still doing nonstop to grow my accounts. Q: Why don't you trade on a simulator? A: I have many years ago and it can be useful. However, simulators lack the ability to teach you real-world problems like partial entries and portfolio optimization under the PDT rule. It also leaves out the hardest part regarding trading which is the emotional aspect. That is why I've decided to grow a small account (Hence the $25k challenge) instead to reduce my risk and increase my need to stick to the rules since I have no "free cash" for bag holding. 🔴 Brokers We Use & Sign-up Bonuses 🔴 My Equipment & Reading Recs: Small Cap-Gap & Go Strategy Videos ($25k Challenge) 📈 25k Challenge Overview 📈 Add $vol to TOS 📈 2 Gap Scanner 📈 Proper Trade Allocation 📈 Momentum Trading | Gap & Go Strategy Social Links 📷 🎥 🐦 👪 Popular Videos 🎬 Weekly Trade Review #53: $3,447.92 Profit: 🎬 Easiest Way To Start Investing In Crypto: 🎬 Best Crypto Exchanges: How To Reduce Crypto Fees: 🎬 How to Make $100 A Day Online from Home: --- By Alex Winkler Co-Founder of Enzlo Inc. I was a Stock Day Trader in NYC before fully focusing on the company and moving to Florida. As Crypto become a bigger part of our company in terms of payouts, I applied my equity trading strategies to the Crypto market and was able to consistently growing our Crypto Fund. Now, I'm back to full-time trading stocks and crypto. This time documenting everything online via TradeJournal and YouTube to refine my strategy and help others become consistently profitable traders. Let's Work Together I'm interested in doing collaborations! So, if you think we would be a good fit - reach out and let's talk about how we can but bring additional value to our network. Contact Me If you have any questions, please leave a comment below, on the TradeJournal post, in Discord or 📧 email me at alex@tradejournal.co Legal Notice videos are for educational and entertainment purposes only. Equities, Futures, Options, Crypto, and Currency Trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. I DO NOT, recommend to buy or sell anything mentioned in my videos. #DayTrading #SmallCaps #AlexWinkler...(read more)



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As an investor, one of the key strategies to enhance your returns and mitigate the overall risk is to sell covered calls. For those who own a Roth IRA, the question arises whether it is worth to sell covered calls or not. The answer is not just a straightforward 'yes' or 'no' since there are many factors to consider. First, let's understand what a Roth IRA is. It is a retirement account that offers tax-free growth and withdrawals on contributions. Unlike traditional IRAs, which provide a tax deduction upfront but taxes upon withdrawal, Roth IRAs do not allow tax breaks on contributions. However, they do offer tax-free growth on your investments - a great choice if you anticipate that your tax bracket during retirement will be higher than now. Now, coming to the question of whether one should sell covered calls in Roth IRA or not. Covered calls are a popular income-generation strategy used by options traders. In this approach, you sell call options against a stock that you already own. The call options give the buyer the right to purchase the stock from you at a fixed price before a specified time. In exchange for selling call options, you receive a premium, which you get to keep regardless of whether the options are exercised or not. The critical advantage of selling covered calls is that it generates income even when the stock price doesn't move much. The risk, however, is that you might miss out on substantial returns if the stock rises sharply in price. This means that selling covered calls is an ideal strategy for those who are bullish on a stock but expect limited upside potential. But is it worth giving your retirement account a boost through the income generated from selling covered calls? It depends on your short-term and long-term investment objectives, risk tolerance, and income needs. If you're looking to increase income in the short run, then selling covered calls can be a beneficial option as the income generated from premiums can supplement your retirement income. On the other hand, if you are a long-term investor who aims to build wealth and have a low-risk tolerance, then selling covered calls in your Roth IRA might not be the best option. This would be especially true if you are selling covered calls against volatile stocks or higher risk assets. Moreover, you need to ensure that the assets in your Roth IRA are diversified and not overly exposed to any single stock or sector. Therefore, before implementing covered calls in Roth IRA, you need to research well and identify those stocks that are suitable for selling calls, keeping all factors in mind. In conclusion, selling covered calls is an attractive strategy for generating income in a Roth IRA, but it's not a one-size-fits-all strategy. It's crucial to consider your investment goals, objectives, risk tolerance, and diversification while making the decision. A financial advisor can assist you in determining whether selling covered calls is a viable strategy for your retirement portfolio. https://inflationprotection.org/should-i-sell-covered-calls-in-roth-ira/?feed_id=80438&_unique_id=641b2d5c08012 #Inflation #Retirement #GoldIRA #Wealth #Investing #AlexWinkler #andreijikh #BIMIStock #daytrading #Enzlo #GGPIStock #GOVXStock #grahamstephan #HowDayTrade #HowToStartTrading #HumbledTrader #KZRStock #MarginWithRothIRA #meetkevin #MichaelCovel #PROGStock #rickygutierrez #RossCameron #RothIRAMArgin #RothIRASellCoveredCalls #stevendux #StockWatchlist #Stocks #stockstotrade #TimBohen #timgrittani #TimothySykes #Trendfollowing #warriortrading #WhatTradingStrategyisBestForRothIRA #VanguardIRA #AlexWinkler #andreijikh #BIMIStock #daytrading #Enzlo #GGPIStock #GOVXStock #grahamstephan #HowDayTrade #HowToStartTrading #HumbledTrader #KZRStock #MarginWithRothIRA #meetkevin #MichaelCovel #PROGStock #rickygutierrez #RossCameron #RothIRAMArgin #RothIRASellCoveredCalls #stevendux #StockWatchlist #Stocks #stockstotrade #TimBohen #timgrittani #TimothySykes #Trendfollowing #warriortrading #WhatTradingStrategyisBestForRothIRA

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