Full Time Trader . me
This page will serve as an example of one way to set up and manage a portfolio.
The actual stocks used are less relevant then the decision making process that arrives at the stock.
The way to make best use of this sample portfolio is to understand the beliefs and decision making process that leads to using these stocks and strategies then insert your own situation into the process so you are best able to create a theoretical portfolio for yourself that you can test in paper trading before risking any real money.
This allows you to learn and make adjustments in a simulated environment safely while you learn what buttons to press and how to monitor things after a trade is filled.
When you use this portfolio properly, you will be able to find your own stocks, successfully place & manage trades while growing your account over time to the level of risk that is appropriate to you.
FCX is a stock for consideration to sell cash secured puts on.
You could simply do the wheel strategy or any hybrid form of wheel strategy with FCX.
As of today's current trading price, the Enterprise Value / EBITDA (earnings before interest, tax, depreciation, and amortization) is 8.28
Per Andy Tanner of the Cashflow Academy, ev/ebitda values less than 10 peaks his interest.
You can see the current ev / ebitda value in the picture below and click the link to see the current Finviz profile of FCX.
What is the current ev / ebitda value at now?
Other Sample Portfolio Stocks include:
Gold via GLD
Bitcoin via IBIT, BTCI
Dividend Kings
FCX Day 2 Short Put Options 9 DTE
Turned the short cash secured put into a short strangle two puts to one call.
All puts and call cash secured.
If you are unfamiliar with cash secured calls watch these:
FCX Day # Short Put Options # DTE videos
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