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Also......watching this vid series on Options Trading and trying to educate myself. It seems dam complicated, and I have no confidence in myself as of yet, but I want to at least try one or two (small / low $$ amount) Options trades just to see how things work out.
I'll probably screw it up somehow and lose money, but I at least want to give it a try as soon as I learn what the hell I'm doing. LOL
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Options can be complicated but if you single out a simple strategy to practice on, then you can easily expand from there. There are also free practice options systems similar to TSP Talk AutoTracker where you can test these strategies before using real money.

I also would look into a Robinhood account as part of the learning stages of options trading. That is where I started, and their user-friendly and simple platform was great for dipping my toe in the waters without getting lost.

I have moved on to using Fidelity for Options trading since, and their active trader option platform gets much more specific and can be difficult to execute a trade if you're not aware of all the moving parts. Fidelity also puts limits on what options strategy you can use based on your experience.

In full disclosure, I haven't used Robinhood since January of 2021 when they froze their users ability to sell GameStop.
 
TommyIV said:
Options can be complicated but if you single out a simple strategy to practice on, then you can easily expand from there. There are also free practice options systems similar to TSP Talk AutoTracker where you can test these strategies before using real money.

I also would look into a Robinhood account as part of the learning stages of options trading. That is where I started, and their user-friendly and simple platform was great for dipping my toe in the waters without getting lost.

I have moved on to using Fidelity for Options trading since, and their active trader option platform gets much more specific and can be difficult to execute a trade if you're not aware of all the moving parts. Fidelity also puts limits on what options strategy you can use based on your experience.

In full disclosure, I haven't used Robinhood since January of 2021 when they froze their users ability to sell GameStop.
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Thank you ! ! ! That's great insight. 👍
Yeah, it's a tad overwhelming. I need to do a bit more studying before trying an options trade for the first time, but it's on my bucket list. 🪣

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TommyIV said:
Well, if your goal as an investor is to not lose money, then keeping it in the TSP instead of taking the instant loss would be the choice. You would be starting that money with a nearly 20% loss to begin with in Fidelity. That would be a very bad year for even holding all of that money in the C-fund, but the C-fund also has a chance of increasing in that time. (Not a suggestion, just an example)
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That's a great point, and very smart. 👍
It's nice to get a different viewpoint through another set of eyes sometimes. Much appreciated. Thanks 🍻
 
Epic said:
That's a great point, and very smart. 👍
It's nice to get a different viewpoint through another set of eyes sometimes. Much appreciated. Thanks 🍻
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Over the years, I've thought about doing options, but I decided not to. I consider myself a fairly average-to-intelligent guy, but if I can't quickly grasp a concept or explain & support that concept to someone else in a brief statement, then I take a pass.

To date, nobody has been able to sell me their Options Elevator pitch. So I focus on what I'm comfortable with which (of coarse) is Indexes & ETFs. But I do have a keen passion for brief encounters with leveraged ETFs

I did make a full withdrawal from TSP, but that was more about having absolute control of timing & choices.
 
JTH said:
Over the years, I've thought about doing options, but I decided not to. I consider myself a fairly average-to-intelligent guy, but if I can't quickly grasp a concept or explain & support that concept to someone else in a brief statement, then I take a pass.
To date, nobody has been able to sell me their Options Elevator pitch. So I focus on what I'm comfortable with which (of coarse) is Indexes & ETFs. But I do have a keen passion for brief encounters with leveraged ETFs
Click to expand...
I'd say we're pretty much in the same boat with our thinking. I do "okay" without diving into Options and possibly loosing my ass in the process, so I remain on the fence in deciding if it's the right move for me.
I do think that I will NOT take a Partial Withdraw from my TSP, and will instead wait for my Savings to catch back up to feed my Fidelity Account. I just finished my taxes for 2024, and had to send in a Pre-Pay for Federal for next year, plus a few other large bills that needed to be paid, so I'll wait a few weeks till I can make that up. The hardest part of this is just the waiting. Being patient is not one of my strong points. :rolleyes::ROFLMAO: 🤪
Thanks for the insight. 👍
 
Just a quick share. I check in on his channel from time to time. He provides decent technical info with lots of charts & other info. The European bond market rate jump (Germany, Italy, France, Britain, etc.) from the other day kinda got my attention.
He's just quick enough going through things as not to be too boring. I'm not a technical or charting person, so I find all of this fascinating.
He quickly goes over Oil, the Dollar, Bonds, the Yen, etc.. Enjoy :)

 
So it seems that the Gov will not be shutting down. Good enough reason for a rally, even if it's short term on a Friday??? ¯\_(ツ)_/¯
Futures look good so far, but that could change in a heartbeat (it's still early). Good luck ! ! ! ! (y)
www.investing.com

Stock Market Futures - Investing.com

Discover real-time streaming rates in our comprehensive stock futures table, covering global futures markets, including US stock futures.
www.investing.com

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So I just kinda noticed a few headlines or opinion pieces after yesterdays Fed announcement where the title was "Stocks move higher after Fed holds rates steady", or "U.S. Stocks Rally After Fed Keeps Rates Unchanged Amid Uncertainty".
Before, if he didn't lower rates, the market would have reacted negatively and gone lower, but now instead the market reacted with a positive bias and actually inched higher. So, are we back to thinking that a rate increase by the Fed is a real possibility, and the Market is just thankful that he left well enough alone? ¯\_(ツ)_/¯
The mindset shift just got my attention. I just notice stupid stuff like that..... LOL 🤓
Hmmmmmm.... :unsure:
 
Despite the Fed's concerns over near-term inflation and being upbeat about growth, the market is sill anticipating two, maybe three cuts this year. The Fed still anticipates inflation falling to 2%, their target, in the next two years. It was that word "transitory" again, this time about tariff impacts, that the market may have liked yesterday.
 
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