Hold a Master Degree in Electrical engineering from Texas A&M University - Class of 1999. Subject Master Expert in Wireless Telecommunications. Expertise in 4G/5G networks Active Stock Options Trader since 2016. Most Swing Trade weekly Options and Specialize in 10 Baggers !
If you are looking to buy and Sell options after hours, this step-by-step guide is the right one for you.
You will learn what type of options you can buy and sell after hours, how to do it to make money consistently and the pitfalls to avoid so that you can continue to take your trading account to the next level.
Can You Buy Options After Hours?
The simple answer to the question Can you buy Options after hours is that it really depends on your broker.
In theory, you can and sell ETFS options in the 15 minutes after hours window each day.
However, I have heard so many disheartening stories from traders on how some brokers simply do not allow them to take advantage of this opportunity.
Here is a summary table of which brokers gives you this extended window to buy and sell options contracts on the main ETFS : SPY, QQQ, IWM and DIA just to name these leading ones.
Brokers After Hours Options Trading Policy
Can you Buy Options after Hours on ETRADE?
Can you Buy Options after Hours on Webull?
Can you Buy Options after Hours on Robinhood?
Can you Buy Options after Hours on TD Ameritrade?
Can you Buy Options after Hours on eOption?
Brokers Policy on After-Hours Options Trading
Can You Sell Options After Hours?
Once you are able to buy options after hours in the extended 15 minutes window from 4pm EST to 415EST, you can sell them for profit or carry them if your Expiration date is still in the future.
On Tuesdays and Thursdays, there is no expiration pending at 415pm therefore we can carry our options to the next Day .
You ought to be careful on how to manage your overnight positions because there is no guarantee the stock will continue in the same direction the next day.
Can all stocks Options be traded after hours?
Not all stocks have options that you can trade after hours.
In fact, as of now, only the main ETFS such as SPY, QQQ, IWM and DIA offer you the ability to trade their options during after hours.
Can you Trade SPY Options after hours?
Prior to May 2021, SPY after hours options trading was the only after-hours strategy I was using.
Ever since, I have a new favorite ETF I prefer to buy and sell options with after hours.
There is nothing wrong with buying and selling options after hours with SPY.
It is just that my new best ETF pays more, and I have been focusing on it ever since May 2021.
Care to find out which one it is?
Read below please.
My Best Options to Trade After Hours
When Should you Trade QQQ Options after hours?
You should trade QQQ Options after hours whenever there is a binary event taking place that can impact QQQ price.
Such events are mostly Earnings from the Top 8 companies of QQQ.
Here is a recent table summarizing how the top technology companies Earnings Release impact the after-hours price of QQQ.
After Hours DATE
QQQ After Hours Movement
Reason for after Hours Volatility
April 19 2022
QQQ from $346 to $342
April 20 2022
QQQ from $341 to $343
#TSLA Earnings [+5%]
April 26 2022
QQQ from $317 to $313
#GOOG Earnings [-6%]
April 27 2022
QQQ from $317 to $321
#FB Earnings [+13%]
April 28 2022
QQQ from $328 to $324
#MAZN Earnings [-10%]
Recent QQQ After Hours Options Trading Opportunities
Why You should Trade QQQ Options After Hours
The main reason why you should trade QQQ Options after hours during Earnings season or FOMC statement is because very cheap options can quickly make you a lot of money.
A $2 move after hours on QQQ stock price especially on Expiration Day can easily bring you over 100% in a matter of a few minutes.
We have a very cheap Strategy that can yield big returns.
What’s not to love ?
Here is a recent QQQ option chart we captured showing how the puts contracts appreciated after hours from 86 cents to $1.86.
How To Buy and Sell QQQ Options after Hours
I am able to provide these insights on how to trade QQQ options after hours because of the many trades I have been in since 2014.
This has enabled me to gather a great deal of statistics which that many traders in my Discord room are leveraging now.
And so can you.
I teach my traders a very powerful after-hours options trading strategy.
We know that we an buy and trade QQQ Options each all the way to 4:15pm EST.
The concept is to focus on the 3 Expirations for QQQ Options: Mondays, Wednesdays and Fridays.
Because on those Days, the closer we get to that time of closing, the cheaper QQQ options are.
This means that you will not have to invest too much money in this strategy.
You will focus on contracts that are less than 15-20 cents.
By my empirical data, 15 minutes before 4PM official market closing, we can buy QQQ options $2 strike away for less than that amount.
We do this for both Calls and Puts.
Then a $2 move on QQQ stock rice up or down from 345pm to 4:15pm will make either the Calls or the Puts contracts explode for multiple baggers like 200%, 300% etc…
Here is a video example of this technique we use on SPY Options after hours but the principle is exactly the same for QQQ options after hours.
QQQ After Hours Options Trading Performance Tracker
One of the best advice I can provide you right now is your trading journey is to treat it as a businesss.
As such, business keep records of the performance of their products or systems.
In our case, our trading strategies is what we must evaluate and assess over time.
This is to make sure we are not blinding throwing money away.
Therefore, I am offering you this free Options Tracking Performance spreadsheet.
You will use it to track the performance of your QQQ after hours Trading Strategy over time.
Every 3 months or so, you should re-evaluate it to either scale back or up on this investment.
FREE DOWNLOAD: Download My FREE Options Performance Tracker
You will be able to download the spreadsheet I use in the video below to showcase how to use the ATR.
However, you really do not need to calculate it as it is a standard bottom indicator that comes with many stocks charts.
The typical ATR value for QQQ is between $4 and $5 but the recent high volatility has brought it all the way above $8.
QQQ CALLS vs PUTs
For my permabulls (a trader who is ALWAYS bullish) out there, the key to making money trading QQQ Options is not to have any bias towards calls or puts.
I often tell the traders I coach in my Discord room that our opinion about the direction of QQQ stock does not matter one iota.
What is most important is our abilitytoread the chart properly.
As such, if the setup is bullish, we trade calls, if it is bearish we trade puts.
Here is a nice video on how I made 1000% Day Trading QQQ Calls and Puts on the Same Day.
Sometimes, if it is going sideways, well then, we just Patiently wait on the sidelines.
Now, I have to give you what I have observed so far with intra week QQ options trading.
Puts pay more than Calls.
This is true for all stocks, but the phenomenon is further exacerbated on QQQ options.
The reason is because when the market is going down, Implied volatility goes up big time.
QQQ Options Price on the Option Chain
Traders often ask me if I buy QQQ options contracts based on Delta.
The short answer is not really.
On the QQQ Options Chain, my only concern is the Implied volatility.
Usually, when the market is bearish like in the first quarter of 2022, QQQ options price for calls are 2 or 3 ties less expensive than puts.
This clearly correlates our remarks above concerning the Calls vs Puts payout.
QQQ Options Trading Successes
In a recent 1vs 1 Coaching session with one of the traders in my Discord Channel, I revealed how I have been tracking the behavior of QQQ options that has solidified our second trading strategy of QQQ options.
Should you be interested in this information, please ask me when you subscribe to my discord Channel.
There are two ways to get access, one is through my YouTube Premium Membership.
The other is by becoming a member of the 10-bagger trading System with ALL the Advantages it provides.
Here are some of the insights you will come to learn about Day Trading QQQ options.
Best Day to Trade QQQ Options
The best Day trading for QQQ Options are without a doubt the Expiration Days: Monday, Wednesday and Friday.
QQQ is not the only ETFs to enjoy such “feast.
Of course, SPY started it in 2018, then QQQ continued in May 2021 and IWM join them in October 2021.
However, I have published free Tutorial on how QQQ Options are better than SPY options.
I did not have to go that far to find a flagrant example of how lucrative Day Trading QQQ Options on expiration is.
On April 29, 2022, the picture below shows how we turned $5 investment into $240 in less than 3 hours.
This explosive return of over 4000% is NOT an isolated occurrence.
You can check the numerous posts in my Discord room where we even created a room named “The QQQThat Pays Us”.
Best Hours to Trade QQQ Options
Here is the reveal of our second QQQ Options trading strategy.
Each day, the closing hour provides great opportunities to make good money day trading QQQ options.
In those last 60 mins, a $2 move on QQQ stock on Expiration Day is sure to generate 100% profit. on options.
Combined with the fact that QQQ options trade after hours for 15 minutes, you can further increase your profit as illustrated in the above options chart on Apr 22.
On that day, QQQ 326 puts went from 5 cents to 86 cents in the last 30 minutes to close the regular session.
An additional $1 of gains was added on Top during the 15-minute after-hours session !
Thus, making it an overall return of over 3500% !
QQQ Options YouTube Videos
Sometimes, I shy away from making QQQ YouTube videos.
Frankly because the time I invest in doing them does not match the number of viewers.
Most traders do not believe in a video titled: 1000%, 2000% Day Trading QQQ Options.
Because I do not have any other titles but these to state the lucrative opportunities on how QQQ Options Trading.
Notice I did not make one for neither April 22 or April 29 massive gains.
You will have to be content with this third one of the series.
FINAL THOUGHTS ON DAY TRADING QQQ OPTIONS
I provided a step-by-step guide on how today trade QQQ Options by leveraging the intra week Expiration.
QQQ Provides a great deal of opportunities for disciplined traders who want to make a living Trading QQQ Options.
If you are serious about learning about Options Trading today, click below to get started today with an Education that will be Life Changing.
Looking to start your options trading career and wondering how much money you need to trade options successfully
This Step-by-step- tutorial will show you that contrary to what so-called experts tell you, you can start day trading options with very little money.
How little? Read further.
How Much Do You Need to Trade Options
There is this misinformation out there from so-called gurus that one can only make money options trading by spending a great deal of money.
I have been trading and teaching beginners options trading since 2014.
I will provide you with the knowledge you need to start trading options without needing thousands of dollars.
How much do you need to invest in stocksvs options?
The great advantage of options trading over stocks trading is the fact that you do not need a lot of money to trade options.
Most US stocks – especially the high growth technologies stocks-have become too expensive for the average investor.
Recently, several of such stocks such as Apple(Ticker:AAPL) , Tesla (Ticker:TSLA) , Nvidia (Ticker:NVDA), Amazon(Ticker:AMZN) or Google have had to resort to stock split to make their shares more affordable.
That is very telling in this age of time where fractional shares buying is available to the general public.
How many shares of QQQ stocks Can you Buy with $100
A quick look at the above table reveals that the cheapest stocks in the tech ETF QQQ is Paypal (Ticker:PYPL) at $114 after losing almost 45% in 2022.
The second cheapest stock is AAPL with a price of $170 following a recent 4:1 split.
Consequently, it is very difficult to start investing in stocks without big money unless you are willing to try your luck with penny stocks.
On the other hand, you have multiple investment opportunities with options with a very small capital.
Cost of Options
Some traders often get confused with the options chain quotation.
American options by default are set such that one contract control 100 shares of the underlying stock.
Therefore, the option price you read on the option chain needs to be multiplied by 100 to get real money option cost.
Let me illustrate in the table below how to translate Option chain quotation into real money.
Option Chain Quotation ($)
Real Money option price ($)
How To Translate Option Chain Price Quotation to real dollars amount
In case you may be wondering if $1 is a realistic amount to invest in options trading, let me answer with an Emphatic yes !
Here is the video of a recent trade I made on Target (Ticker:TGT) to prove it.
How much do you need to trade Options full time
In the above video, I showcased how I traded TGT options from $1 to $50.
That was not random at all.
I and other traders in my Discord room are doing this regularly.
So Can you when I teach you these very powerful strategies.
The table below showcases how I traded SPY options from 2 cents (quotation or $2 real money) to 20 cents in less than one hour.
Ultimately, you can easily answer the question: How much to do you need to trade options full time.
A few hundred dollars can go a long way to get you started trading options successfully.
The key is to gather the necessary knowledge so that you can take your trading to the next level in 2022 and beyond.
Are your trading account deposits taking too long to reach your Balance ?
Webull Instant Deposit is the ideal solution for you to get instant Trading capital to your account.
In this step-by-step tutorial on how to effectively use Webull Instant Deposit, you will master how to leverage all the benefits of Webull Instant Buying Power so that your money can start growing faster.
Does Webull Have Instant Deposit?
As a day trader or investor, how many times have you found yourself wishing you had cash available to take advantage of a great opportunity ?
Often, when such opportunities arise (to buy the dip in a stock or crypto), we do not have enough buying power to act.
Webull Instant Deposit feature is made for precisely such circumstances.
How Long Does Webull Deposit Take?
Per Webull own guidance, a deposit takes around 5 business days to settle.
This is a long time for most traders to wait in order to start putting your money to work for you.
Such processing time applies to ACH setup between your Webull trading account and your financial institution.
In my other broker accounts, I used same day wire to fund my account to minimize this waiting time.
How Long does Webull Take to Settle Funds
Webull Instant Deposit is meant to resolve the problem of how long Webull take to settle funds.
In order to alleviate that problem, here are the diverse options you can choose from.
You have the choice between ACH and wire transfers to get your funds into your Webull account.
The wire transfer for Webull looks a little bit too complex and I never explored it.
I know that most of the Webull traders prefer to use the ACH.
In case you need the wire Transfer Instruction, here is a view of what you need to set it up.
In the US, same day wire transfer needs to be completed by 5PM Eastern time.
I typically domine in the morning before 8am pst, which is the opening time for my bank.
By 1045am pst, my funds are always available for me to trade.
Does Webull Do Instant Deposit
The Webull Instant Deposit works as if your money is available to you for trading right away even though the funds between Webull Clearing House and your bank have not settled yet.
Therefore, this means that you cannot take this money out yet until the full final settlement.
The other implication is that should your funds not clear, you may owe Webull money since they are basically extending you a short term loan.
When Do You Receive Webull Instant Deposit
Let’s try to summarize al the possibilities because the time you will receive your Webull Instant buying Power depends on when you initiate your deposit request.
Transfer Initial Time
When Will You Receive Webull Instant Buying Power
Before 930am EST on a Business Day
Same Day During Business Hours
Business day between 930 and 4pm
Instantaneous within a few Seconds
After 4pm on Business Day
Next Business Day
Weekends or Holidays
Next Business Day
When Is Webull Instant Buying Power Available to your Account?
From the table above, it is easy to see that the best time to request the transfer is during market hours in order to credit your buying Power instantaneously withing a few second.
Instant Gratification does not get any better than that.
Instant Buying Power In Webull
The Instant Deposit ultimate goal is to get Instant Buying Power.
Now that we know that this is possible during regular business hours, let’s answer the question about how much Instant buying power you can expect.
Does Webull Have Instant Buying Power
Webull has Instant Buying Power if you initiate your transfer between 930am EST and 4PM EST on business days.
However, the amount of money or Buying Power you get is not always something you can predict.
In varies from account depending on your account type, cash balance, amount of money you are transferring , the current market value of your positions and your personal Webull credit.
That is a lot of parameters if you ask me.
For instance, does anyone know what is their Webull personal credit ?
I certainly do not know mine even though I have been using webull for several years now.
From what I can tell, it is an internal score Webull keeps for each trader based on your transactions history on their platform.
How To Use Instant Deposit on Webull
I can only share my experience on how much Instant Buying power I received the first time I funded my account.
I got $100 of Instant Buying Power for the first time and subsequently, anything I was depositing money into my Webull account, the Instant Buying Power was the amount of my transfer.
Hence this table below can help you predict how much Instant Buying Power you can expect assuming that you are in good standing with Webull.
How Much You Deposit
How Much Instant Buying Power You Get?
Less than $1,000
Full Transfer Amount
More than $1,000
Up to $1,000
Multiple pending Deposits
Aggregated amount of incoming funds determines Instant Buying Power
Webull Instant Buying Power Limit Amount as a function of Your Transfer amount
In Summary, Webull Instant deposit Limit Amount is likely going to be at least how much you deposit on that day and at most $1,000.
Therefore, this $1,000 can be considered as the Maxx Webull Instant Deposit limit amount regardless of how much money you are transferring that day into your Webull account.
Webull Instant Deposit Not Working? What To Do ?
In some rare cases, you may experience issues with your Webull Instant deposit.
Webull has done a great job with FAQs sections to help you alleviate such difficulties.
One of the most recurring issues on Webull instant Deposit is “Webull Failed to get bank Account.
Webull Failed to Get Bank Account
When you are linking your bank account to your Webull account, you need to ensure that the account is on your name.
The bank account cannot have a someone else name.
Should you find yourself in such predicament, here are the tutorials to help you solve this issue.
Webull Community | Learning
Inside the Webull app, you have access to a Community Section with a great deal of resources.
One such helpful resource is the Learning tab shown below where you can access Webull knowledge center at your own pace and convenience.
From the Learning section of the Community center, scroll down to Webull APP and then click on Fundings Transfers and Instant Buying Power to reach the view below.
Another great way to get your Instant Deposit is to follow my step-by-step video tutorial on YouTube.
Alternatives To Webull Instant Deposit | Webull Recurring Deposit
One of the best ways to ensure that you always have funds in your Webull trading account is to make regular deposits.
Recently, Webull just introduced a recurring deposit feature you can take advantage of going forward.
Webull Recurring Deposit
If like most investors you get your investing money from a regular job or other sources of income, you can setup a recurring deposits to your Webull trading account.
This is how easy it is to setup Webull recurrent deposits at preset dates that are convenient for you.
How To Setup your Webull Recurring Deposit Plan
From your Account on Webull, select the Transfers Menu as shown below.
2. Then, Click on recurrent Deposit to setup your recurring deposit schedule
You have four (4) plans you can select from to deposit money regularly on your Webull account.
The table below summarizes these available schedules.
Webull Recurrent Deposit Schedules
Maximum Amount ($)
TBD by your Bank | 5,000
Monday through Friday
TBD by your Bank| 50lk
Mon | Tue |Wed| Thu | Fri
TBD by your bank | 50k
1st through 28th
TBD per your Bank
Webull Recurrent Deposits Schedule
3. Make a Selection for the Schedule: Daily, Weekly Bi-weekly or Monthly
In the example below, I setup mine for weekly, then I chose Monday for an amount of $1,000.
This means that every week on Monday, I will get and Instant Deposit of $1,000 which Ican use to trade stocks, options or crypto.
This Webull recurrent Deposit is the feature to ensure that you get Instant deposits regularly and you always have available Buying Power on how account to take advantage of the great volatility in the markets.
Swing trading refers to the means of capturing short-to-medium-term gains in a stock (or any financial instrument) over the span of a few days to several weeks.
It needs technical analysis of past and present data which is highlighted in the following 2022 Best Swing Trading Books.
Don’t rush your money into it without any prior knowledge.
Best Swing Trading Books | 2022 Insights
Swing trading is a unique style of many veteran investors in the stock market.
Many novice investors are trying to master this art because of high gain on short-term goals.
Why Is Swing Trading So Appealing?
According to swing traders, capital opportunity costs are the driving force behind their strategy.
In other words, swing traders are essentially momentum traders, attracted to stocks experiencing rapid price rises, and trying to avoid having investment in stocks that don’t have the potential to rise suddenly.
Trading is a skill and not one that’s fit to master.
How To Get Your Edge in Swing Trading
Evolving into a profitable trader requires a serious commitment to learning the necessary skills and becoming proficient in using them.
Day-to-day trading is not everyone’s cup of tea, but still, it attracts every investor locking their money in stocks.
It would be best if you had trained and calming nerves for it.
Because where there is a risk, there is profit.
Here is a sneak peek into some best swing trading books to help master this art.
How to swing trade: A beginner guide to trading tools, money management, Rules, Routines, and strategies of swing traders
Authors: Brian Pezim and Andrew Aziz
Brian Pezim and Andrew Aziz co-author the best-selling book on every store and first pick.
It’s an ideal book for beginners.
The book covers stock trading basics and provides pro-level strategies for dealing with day-to-day trading.
The authors have also beautifully penned down short-term gains and many more principles.
If you are a veteran in trading, you won’t enjoy the first few chapters of this book because of its foundation knowledge.
Despite this, the upcoming chapters will provide you with valuable insights.
Handling risks and holdings are some of the best strategies explained in simple words.
Every chapter contains its key points and summary. It’s an excellent guide to remember all the principles of swing trading.
Swing Trading for Dummies: Author Omar Bassal
Every book teaches swing trading in a good way, but this book authored by Omar Bassal is an absolute banger.
This book covers all the essential knowledge one has to use in swing trading, from basic to advanced skills.
The author previously headed the assessment division of one of the largest banks in the Middle East, and now he runs his business firms.
The book mainly covers the technical analysis of stocks, followed by a fundamental analysis of stock prices, and finally covers how to build a portfolio and manage it.
Throughout this book, it is thoroughly explained and demonstrated how to avoid extreme risk-taking while still gaining profits.
Mastering the Trade: proven techniques for profiting from intraday and swing trading
Author: Alan Farley
Everyone in the game of trading knows about Alan Farley.
It discusses charting, identifying support and resistance, price action patterns, Fibonacci retracements, and how to identify and profit from short-term trading opportunities.
Farley spends half of the book describing his “7-Bells” – basically, seven swing trading setups that he believes to be most reliable.
Each trade setup is illustrated.
Clearly, the relative risk/reward ratio is described, and the trades are executed and managed accurately.
The book is not only for beginner investors but are also for expert who can take valuable insights from it.
Tools and Tactics for the Master Day Trader: Battle-Tested Techniques for Day, Swing, and Position Traders 1st Edition
Author: Velez and Capra
Velez and Capra have written their experience of the past four years.
They have written the complete strategies that work on swing trading.
They are also the masterminds behind the best website Presitine.com, with over thousands of visitors per month.
The book is written in plain language so everyone new to the market must easily understand.
The authors have explained the powerful strategies and psychology behind short trading in detail.
After reading the book, any trader can access the tools to capture more winning trades and procure original profits, regardless of their experience, market knowledge, or technical skills.
Come Into My Trading Room, A Complete Guide to Trading by Alexander Elder
Author: Alexander Elder
Trading stocks, commodities, and forex are just a few of the markets in which Alexander Elder is a legend among professional traders.
Furthermore, he has also written Trading for a living, keeping the rating of best seller book for more than 20 years.
There is a lot of discussion about the trading mindset in this book.
He has penned down how swing trading exactly works and what approach one must use to put money into these short-term investments.
Elder also delivers eye-opening advice on the sheer importance of money management and market time dealings, along with pointing out how attention to detail can make an enormous difference in your trading profitability.
Swing Trading Strategies: 3 Simple and Profitable Strategies for Beginners by Charles Reis
Author: Charles Reis
Swing trading, for Charles Reis, offers the ideal mix of opportunity and risk – significantly higher potential profits than long-term investing and substantially lower risk than day trading.
Only 66 pages long, this book explains three simple swing trading strategies.
One relies on trading breakouts, another uses options swing trading, and the third uses candlestick signals to generate trading signals.
Don’t go on the shortness of its length. It’s the book full of wisdom.
Many readers and trade experts attest that How To Day Trade For A Living by Andrew Aziz will become an essential day trading reference in the years to come.
Apart from Amazon, you can also get a copy of this best-selling day trade book on Google Books.
Technical Analysis of Financial Markets by John J. Murphy
If you want a book written by the most reliable person to teach you day trading, Technical Analysis of Financial Markets is the one you should get. This is written by John J. Murphy, an institutional investor at Wall Street with over four decades of experience.
He used to be the head of Merrill Lynch’s Technical Analysis Futures Division as well as CNBC’s technical analyst.
As a former top management member in a reputable investment bank, he is the most credible individual to teach you what you need to learn.
In his book, Murphy explained various day trading strategies backed by comprehensive examples and case studies.
He also tackled Intermarket relations, stock trend analysis, stock rotation, and profit opportunity exploitation.
He also talked in-depth about trade reversals, stock trading patterns, market cycles, and contrarian indicators.
His clear explanations in discussing complex trading data are the reason why not only experienced traders but also beginners can perceive it.
If you want a copy of Murphy’s work, you can find his book on Amazon.
#7 Best Day Trading Books: The 1 Hour Trade by Brian Anderson
If you don’t want to begin indulging with the complex side of day trading but want to get started, Brian Anderson’s The 1 Hour Trade is a great fit for you.
Psychology plays a great part in how you view and trade the stock market. Let’s explore today one of the most important aspects of Options Trading for Beginners. I am talking about the Psychology behind the profession of Trading that is often underestimated. The idea of venturing into new areas has a unique effect on each one of us. We are either cautious in our first steps or completely oblivious to any potential risk. Options Trading for Beginners: Are you …
Many traders still struggle to find a consistent way to day trade options. In this article, we will reveal what is the best day to trade stocks options and show you how we applied this knowledge to generate 200% profit on the Kroger stock (Ticker:KR) this past week. Alos, I will reveal How to avoid losing positions because of badly timed entries. Read further to learn how to navigate your trading plan through the timelines. Best Day to Trade Stocks …
Here is a nice video depicting the influence of Web 3.0 on crypto potential boom.
Comment son Web 3.0 Impact on Cryto Video:
Here is one of the best comments from the above video:
The more I learn about these technologies the more I am beginning to see how we are on the cusp of a revolutionary transformation. I came to this scene because “crypto go up”, but now, I am insanely excited to know that I (we) have the opportunity to get in on something monumental before it really takes off. Goosebumps
Best Stocks for a Teenager to Invest in 2022
The US stock market returns over the last 10 years or so have been astronomical with the boom in tech companies.
Here is the video comparing two of the major indexes: the QQQ and the S&P 500.
Growth stocks vs Value Stocks?
For a teenager who is investing in the stock market, growth stocks will tend to be better than value stock.
Once again, the reason for this is because the teenage investor can shift the course of their investment.
Usually, teenagers are the early adopters on new technologies.
Remember, how Facebook (sorry, I meant Meta) , Snap, twitter and some other disruptive companies started.
It was first through the lenses of teenagers.
As such, your investing research as a teenager is to keep appraised of what your peers are into.
Then, instead of buying those products if any, focus more on how you will be able to benefit as an invesor.
Let’s me give you this illustration.
Inn 2000, two friends were very much fans of iPhone.
ne bought the iPhone and the others invested 2k in AAPL stock.
Fast forward 12 years later, the second friend has over $165,000 from that single $2,000 investment.
How Much can a teenager make investing in the stock market
How many stocks in 2021 returned more than 15% ?
400 stocks out of 779 I monitor returned at least 20% this year alone!
That is over 51% of my screening watchlist.
Why is this significant you may ask?
Well, because earlier I stated that 15% yearly return was quite possible.
In the stock market is the clear answer.
We can see some common stock 1 year performance such as Ford (Ticker: F) : 136%
Moderna (Ticker:MRNA) = 43%
NVidia (Ticker: NVDA) =125% || Microsoft (Ticker:MSFT) = 51% || Apple (Ticker: AAPL) = 33%
FINAL THOUGHTS On How to Start Investing as a Teenager
My goal was to showcase the advantage of starting investing early.
I shared the numerous reasons on why and how to start investing money as a teenager.
It is quite important to know how much your time is worth.
In this discussion, he will dissect the topic of $50,000 per year is How much an hour.
This will help those looking to compare multiple jobs or source of revenues in 2022 and beyond.
$50,000 Per Year is How Much an Hour?
In order to find out how much $50,000 per year is for an hour, we need first to determine how many hours you work in a year to make that $50,000.
To do so, lets scrutinize two possible cases.
Case 1: Salaried Employee
Should you be a salaried employee, then you have certain advantages such as holidays and vacations.
In average, most corporations observe at least 12 holidays during a year.
You will also be entitled toa number of vacations that varies depending on how many years you have worked.
Let’s assume that you have only two weeks of vacations a year which is fairly average.
Just for your reference, here is a standard rate of vacation accrual as a function of your number of years at your company.
Length of Employment
Less than 1 year
2 weeks or 6.6 hours /month
1 to 5 years
3 weeks or 10 hours /month
5 years to 10 years
4 weeks or 13.3 hours /month
10 years to 20 years
5 weeks or 16.6 hours /month
More than 20 years
6 weeks or 20 hours /month
Standard Vacation Accrual Rate based on years of Employment
In case you are wondering how I know about the vacation table above, let’s just say I have gone through the entire table myself.
I worked over 20 years in several US corporations, so I was able to accrue vacation time based on the above schedule.
$50,000 a year into hourly for a Salaried Employee
Out of the 52 weeks in a year, our assumption is that you will not work for 2 weeks due to holidays and 2 additional weeks at least thanks to your personal earned vacation.
This leaves us with 52 weeks – 2 -2 = 48 weeks of wreal work.
A work weeks is 40 hours in the US (I wanted to make a joke here about my French readers… la semaine des 35 heures mes Amis !)
The resulting number of hours worked is 48 weeks multiplied by 40 hours per week which gives us 1920 hours.
Then we can take the annual salary of $50,000 and divide it by the number of total hours (1920) to give us the answer to our question:
$50,000 per year is how much an hour: answer is twenty-six ($26.0) based on our above assumptions.
Hourly Rates for 50k per year Annual Salaries
For employees with higher accrued vacation time, here is a summary table with the hourly pay should you have more than 2 weeks of personal vacation.
Length of Employment
How much an hour is 50kper year?
Less than 1 year
2 weeks or 6.6 hours /month
1 to 5 years
3 weeks or 10 hours /month
5 years to 10 years
4 weeks or 13.3 hours /month
10 years to 20 years
5 weeks or 16.6 hours /month
More than 20 years
6 weeks or 20 hours /month
How Much is 50k per year in an hour based on years of Employment
Once we have the above table, we can then see that an employee with5 years of experience will make $27.17 per hour on 50k annual salary which is almost 5% higher than someone with less than 1 year of employment.
Case #2: Hourly Paid Employee
An employee who is paid hourly would not necessarily have the benefit of personal vacation.
This is often the case for contractors.
As a result, the number of weeks worked each year is about 50.
For a standard 40 hours week, this bring us to 2000 hours worked in a year.
Consequently, 50kper year into an hourly pay rate translates to $50,000 divided by 2000 hours = $25 per hour.
Truth be told, for such contractors and hourly employees, overtime is a good true measure of the total compensation.
How Much Is one Hour of your Time Worth?
The conclusion of the previous section can really get people thinking about the value of their time.
Let’s imagine two individuals who make the same amount of money $50,000 a year.
Time is Money
The first one has less than 1 year of employment and the other one has 5 years.
At first sight we might be able to think that they are earning the same salary at thus things are equal.
Until we truly look into how much an hour the 50k annual salary equates to, we would not be able to measure the true value of their time.
Therefore, this brings the perennial question: how much is your time worth?
If you can answer this question, you will be well on your way to wealth building if that is a goal for you.
Think about this with this example.
Let’s assume you know that your one hour of work is worth $26.
What to do with your Free Time?
Then if you have a (personal) task that will take you one hour or more.
If you can find someone else to accomplish this task for you for way less than $26, then you may want to spend that hour doing something that will bring each enough to pay the person handling the task for you.
On the other hand, others may just appreciate the time off work to relax with family and friends.
This part of our lives cannot be quantified in dollars.
I try to always remember that. So should each one of us.
How Much is Your Paycheck with $50,000 a year Salary?
Earlier in this series on $40,000 per year is how much an hour, I briefly described how what will impact your paycheck.
There is this saying that the only two certain things in life are death and…TAXES.
Do not Ask me, I do not know where that came from.
All I know is how much taxes you are bound be paying on your $50,000 per year salary.
How Much is $50,000 per year after taxes
We will have to be more realistic in this analysis by including the state tax.
The reason is that no everyone lives in Florida, Nevada or Texas.
I know because I have been living in California for over 20 years.
When I took my first job coming from Texas, that was exactly my argument in negotiating my initial salary.
I will use the table below with the assumption that your state tax will be eating” 7% of your base salary.
That is a good average as this number will vacillate between 5% and 10%.
Cost of Taxes
Take Home Amount $
Social Security (6.2%)
401(k) Retirement contribution (5%)
State Tax (7% of new bassline salary)
Federal Tax (15%)
How Much is your paycheck with $50,000 Salary?
The percentages on the different taxes are calculated on the remaining amount after you have put the 401k retirement away.
This is because we know that the money invested in 401k is tax deferred.
Therefore$47,500 is our new baseline for taxes calculations.
Take Home On $50,000 per year
Most US companies pay their employees every two weeks,
This means that we have to divide the remaining amount of money after you have paid your taxes into 26 weeks.
$32388 divided per 26weeks is about $1246 dollars.
This is how much money a person making $50,000 annually is likely to see every couple of weeks.
The variables that you can tweak to reflect your specific situation are the state tax you pay and how much you elect to defer on your 401k for retirement.
Remember, the advantages of the 401k retirement account are as follows:
You will get free money from your company to match your contributions
You will be paying taxes on this money at a lower bracket later in retirement
How Much is $26 an Hour Annually?
Should you happen to have an hourly rate job, then the question is turned around.
In this scenario, you would want to know how much money you can really make per year.
Such jobs may be like in a call center or any position where workers are dispatched on a need basis.
Let’s summarize in the table below how many possible worked hours you can accumulate in a given year.
I am going to assume that such a worker has a 5-day working week.
We will vary the number of hours worked each day.
Hours of Employment in a Year
50 weeks /10 hours/day
50 weeks / 9 hours/day
49 weeks /9 hours/day
49 weeks/8 hours/day
48 weeks/10 hours/day
$26 an hour is how much per year?
The first-row calculation is as follows: 50 weeks x 10 hours x 26 dollars per day = $65,000 / per year.
Salaried vs Hourly per Rate
There is a great deal of information we can derive from the above table.
The most obvious of which is you can me more than $50,000 per year even if your hourly per rate is only $26!
What ? How is this possible ?
Yes, you read it right.
If you work for instance 49 weeks in a year for 9 hours each day, then your yearly salary (row # 3in the table) comes us to be $57,330.
This amount is almost 15% higher than the salaried employee who makes the same $26 per hour.
Do You Have 2 Hours to Spare Each Day ?
The second most remarkable data point from the data in the study table is the fact that with just 2 extra hours of works each day, you can work 48 weeks a year yet end up making $62,400.
That represent a cool 24.8% higher annual pay compared to a worker who just put in 8 hours each day over 48 weeks.
What a perfect Segway to the next section on how to increase your annual pay.
Ways To Make More than $50,000 a Year?
As we just learned above, should your current job allow it, you can increase your base salary of $50,000 by 25% just working 2 more hours a day.
The pay could even be higher if those 2 hours are considered overtime.
So go ahead and ask your boss if you can take in extra shifts to increase your yearly salary.
Learn A New Skill
A great deal of people is just ONE simple idea away from making way more money than what they are currently bringing home.
Imagine if instead of putting more time into your current job each day, you decide to dedicate 2 hours each day to acquire a new lucrative skill.
Maybe you have a dormant passion in you waiting to be awaken in this new year.
Do not put it off any longer.
Take the first step today.
I was once in our shoes and for many years I kept neglecting the other avenues I could be making money.
One such road is exactly what led me into this very blog.
Yes, that is correct.
I took my first step an evening of October 2019.
To be honest, it was not even planned.
Like most people, I finished my day work and was just browsing around on the internet.
Then one click led to another and here I am today, I have a blog with over 200 articles teaching others about my passion of investing and trading Options for a living.
Make more Money in the Comfort of Your Home
Everything nowadays is available online for most activities.
Whatever you like to learn or do, chances are there is a community something in this world that you can leverage to get where you want to be.
Protecting your gains in stocks and Options trading is a very powerful technique.
In this tutorial on how to Use Trailing Stop on E*TRADE, you will learn how to easily do that so that you can start growing your account consistently.
How To Use Trailing Stop On Etrade | What Is a Trailing Stop ?
A trailing Stop or more precisely a Trailing stop order is an order that will execute only when your predefined condition is met.
Many traders have contacted recently on this confusion topic.
It usually goes something like this.
Hey, Telex, I cannot close my position on E*TRADE because the platform is saying that I do not have it.
9 times out of 10, the reason for 10 is because there is a trailing stop order already in place.
Many traders seem to forget that a Trailing stop is a condition order.
Background Story on Trailing Stop YouTube Video
Therefore, once you put one in place, you cannot go and try to close the same position before canceling your previous (conditional) order.
If you are a beginner trader, this concept of Trailing stop may be tricky at first, but it is not.
True Story: A trader from Florida contacted me a few months ago after researching tutorial on Trailing Stop on YouTube.
He could not find anything satisfactory.
His request was for me to teach him how to use Trailing stop in general.
So, I showed him on ETRADE (that is the platform I use) how to use Trailing Stop% and Trailing Stop $.
At the end, the trader suggested that I make a video on this topic because there were not that many good ones.
I wish I would have recorded our Live session.
Nevertheless, I recorded a video on that day on YouTube title: How To Use Trailing Stop% vs Trailing Stop $ on Power E*TRADE.
A week ago, another trader Mr. Charles from Texas joined our Discord group on his appreciation of that video alone!
Yet, I told him I still needed to write a full tutorial on successfultradings.com blog.
Here we are 🙂
How To Use a Trailing Stop Order to Close a Position
The concept of trailing stop means you are tracking the evolution of the price.
Imagine you are trading a stock you bought at $100.
Then the stock move bullishly in your favor to 110.
So now, you are making $10 profit per share.
If you want to be able to get as much profit as possible without risking some of the money to have already made, then you can use a Trailing Stop to track the price movement of that stock as it goes higher.
Below is a view that depicts the scenario of a Trailing Stop to help you protect your profit on this trade.
In our example of a stock purchase of $100, the trigger price would be $110 to start trailing.
You will trail with a metric or a technical indicator: Moving Averages are good trailing indicators as depicted on the first chart with the 15′-minute chart of QQQ.
How Does Trailing Stop Work on ETRADE for stocks?
ETRADE allows you to use Trailing Stop % and Trailing Stop $ for stocks.
This means that you can specify your Trailing Trigger (this cancan be a technical indicator if you are doing this manually) as a percentage or as a raw dollar amount.
In either case, the concept is fairly straightforward.
In the view below, I selected the Trailing stop% for Roku Stock.
Trailing Stop % vs. Trailing Stop $
Remember that the Trailing Trigger is dynamic which means that it is updated as the price changes.
Here is how it is calculated.
The initial Trailing Stop Trigger is calculated as the [Current BID – Trailing amount (in % or $)]
We are always trailing in reference to this BID price
As the BID price goes higher or Lower, the Trailing Trigger is updated
Since the current BID is 231.50 and we are trailing 1% from it, that means that our Trigger for execution will be when the price reaches 231.50 – 1% of 231.50 = 231.5 – 2.315 = 229.185
Therefore, as long the price of the stock continues to go up from this starting point, you will be making more profit.
Should the stock price come down by 1% from the last BID price, you Trailing stop order will triger.
Your stock position will be sold at the Market price.
This is very important to know. We will address this in the subsequent paragraphs.
Some traders prefer the Trailing Stop$ because it does not require any other calculation like the Trailing% to convert into money.
How To Use Trailing Stop on ETRADE for Options Trading
In order to use the Trailing stop feature for Options trading on E*Trade, you will have to choose Trailing Stop$.
ETRADE does not offer the Trailing STOP% on Options. Not sure exactly why.
I can only suspect the fact that option prices are decimal number thus it can avoid confusion for some traders to deal with percentages.
In the above view, I am setting up a Trailing Stop for 2 Roku Puts contracts.
I want to trail 25 cents away from the BID.
At the start here, my trigger is: $1.27 – 025 = $1.02.
Therefore, if the price drops to $1.02 right after my setting the Trailing stop, it will trigger and my contracts will be sold at the market price.
Whatever that price is.
Yes, we do not know the execution price of a Trailing stop order.
It can be well above the trigger price just as much as it can be lower than the trigger price.
What I am looking for here is for the option contract to continue going higher such that the trigger price.
How To Use a Trailing Stop Order to Open a Position (Buying)
Some traders use the Trailing Stop for buying positions.
This is not common but can be done in a similar manner.
An example of scenario could be you want to go long on a stock.
You are waiting for it to confirm its bullish direction.
Hence, you will trail the price until the Ask price to become greater than a certain price level.
In such a case, the trail amount can be the difference between that price Level ( VWAP or EMA8 re good examples) and the current price.
When Can You Use a Trailing Stop
Most traders employ the Trailing Stop to close (sell) positions they are already making some good profit on.
It is an easy way to manage a position once you have already taken some partial profit and looking to make more money.
Also, for traders who may not be in front of the screen to manage their positions live, Trailing Stop re a good way to track the action.
It should be noted that a Trailing stop can works just as a standard static Stop loss when the position goes against you.
What Is a Good Trailing Stop Percentage For Options Trading
More and more traders have been asking me in my Discord Room how to implement Trailing stop% or Trailing stop amount in dollars ($).
In order to help options traders with their Trailing stop percentage, I created the table below as a reference guide based on the Reference price of the option contract.
FULL DETAILED TRAILING STOP EXAMPLE ON ETRADE ON LIVE TRADE
IT IS A CONDITIONAL ORDER you are telling the system to execute this order when a condition is met. Example> You bought 1000 Contracts of QQQ DEC31 408 Calls @ 0.50 then, contract went to 1.05 so you are making 0.55 of profit or 110%. You want to protect this profit but want to ride it for more
You initiate a Trailing Stop with 25 cents as trailing amount.
WHEN IS THIS CONDITIONAL ORDER ACTIVATED?
BID =1.04 <<<====>>> Calculate the initial Trigger = Current bid – Trail_amount