Perhaps you should switch to become an investor - and just invest in a S&P 500 ETF like SPY or VOO. When you get 100 shares - occasionally write some out of the money covered calls on the SPY ETF for extra income. You probably won't lose money over the long term with that approach - but it will require a lot of patience and time to make money with it.
Early_Divide3328 t1_j2fbm99 wrote
Reply to Guys I realized I'm going to make it as a trader after all by [deleted]
Perhaps you should switch to become an investor - and just invest in a S&P 500 ETF like SPY or VOO. When you get 100 shares - occasionally write some out of the money covered calls on the SPY ETF for extra income. You probably won't lose money over the long term with that approach - but it will require a lot of patience and time to make money with it.