$4270 Profit Per Week! Turning $24k Into $100k in 89 Days with ONLY Credit Spreads | Passive Income!

I created the road to 100k experiment to see if I can turn $24k into $100k by selling only credit spreads as passively as possible. I really like the idea of passive income and the $/hour is super important. Low and behold, I was able to hit that goal on February of this year.

In this video, I'm going to summarize how I was able to turn $24k principal into $100k by selling only credit spreads. I went through all of my trades and were able to gather and crunch the numbers to figure out what stocks I traded, how many spreads I opened, how many puts and calls I sold, how much credit I collected, how many trades did I loss, and finally, what my overall win % is for my strategy.

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00:00 - Recap of the Experiment
02:09 - Review of Account Growth History
06:01 - What Stocks Did I Trade & How Many Times
09:33 - How Much Collateral (Buying Power) Did I Open Up
13:06 - How Much Credit Did I Receive
15:50 - % Credit/Collateral (Buying Power)
18:33 - Debit Spent to Close Out Positions
20:36 - Losing Trades
23:31 - Strategy & Execution Winning %
24:26 - "Profit" = Credit - Debit

Disclaimer: Everything expressed in this video is my personal experience provided for entertainment value only. I am not a professional nor a financial advisor. These are not instructions, suggestions, nor directions as to how to handle your money. Please, always do your own due diligence. #roadto100k #creditspreads #passiveincome #bebetterthandividends #tradingeducation

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