JotCast | Nashville, TN 2023

Nashville, TN 2023

Mentor Mike

2:37

Thanks everyone!! So appreciate everyone participating!

Steve Degraw

2:36

Save some hats

Brent Lester

2:36

very educational. great culture...appreciate it.

Tom in FL

And thanks for the upcoming resource materials!!

2:36

Many, many thanks. Another excellent seminar!!

Mentor Mike

2:21

Yes! Once the entire replay is posted and available we will get the slides/pdf's of all the slides available for download as well

Brent Lester

2:21

will team be sending out slide shows from speakers?

Mentor Mike

2:17

Owning the stock or a long call will cover your upside against the short call

Erik

2:16

On the collar. what protects you if stock moves above short call.

Mentor Mike

1:48

Thanks Steve!! Glad it is all coming together!

Steve Degraw

1:43

Highly recommend the crypto course on TE, it really helps make sense of everything in the crypto world and can get you started, just like MMP, it just takes things to a different level and opens your eyes to more possibilities. Really great stuff the past few days guys. Thanks Preston, Mike, Stella, Kyle, Lee and Brandon!

Mentor Mike

1:43

He's speaking to this now...

Erik

1:42

So, you link a bot program with the digital brokerage?

Mentor Mike

1:31

Some of the different crypto currencies are based on a "project"

Mike

1:31

What's a project?

Mentor Mike

1:24

You can add to it as you'd like over time... then you can adjust the parameters (if you want to) as you go along

Steve Degraw

1:23

do you need to put a fixed amount of money in to the digital treasure bot or can you add money to it incrementally

Mentor Mike

1:21

Kyle usually recommends Coinbase, but I'll double check if that is what he'd recommned here

Erik

1:21

On the bot programs, are you setting up an acct with a "bot brokerage"?

Mentor Mike

11:37

On lunch break until 1:30 pm Central Time!

11:26

The wash sale just makes it so you can't use the trade as a long term capital gains trade... which isn't a big deal because you wouldn't ever have a Money Press trade turn into that anyway. As you sell the stock then start the Money Press again it will all just be categorized as Short Term Gains/Losses

Robert Thomason

11:24

If I'm doing a money press and I'm at the end of the third week with the first 2 successfully in the bank; my option gets assigned (at a loss) and I now have a loss that gives me a "Wash Sale" on my brokerage account, how does this effect my going forward with selling a new option for the forth week? Usually the wash sell posts on my account and adds to the cost of my next trades unless I wait 30+2 days without another similar trade. Does this blow up my press or not? Thank you

Mentor Mike

10:51

You bet! We will post slides & files along with the replay of the event in the TEAM Hub

Heather

10:51

Can Lee send out the step by step sheet he just mentioned?

Mentor Mike

10:25

Yes! All replays will be posted early next week

Richard

10:25

Awesome presentation this morning but so much info!! When will a reply be available on the Hub?? Thanks!

Mentor Mike

10:19

I'll pass that request along and see if we can make it happen!

Steve Degraw

10:19

I will need to buy myself one of those hats.....will they be on the website ya think

Mentor Mike

10:19

Glad you're getting a lot out of it!

Powel

10:17

Great day already!!! Thank you for such fabulous presentations! Mike and Preston - you guys are AWESOME! - Powel

Mentor Mike

9:58

It is a lot of video to render and upload, but we will have it all done Monday or Tuesday!

Richard

9:57

Awesome presentations this morning, but so much info!! When will the replay be available for viewing on the Hub?

Steve Degraw

9:21

I don't think he will like the bid ask spread on XHB

Mentor Mike

9:13

Selling the weekly 132 puts and bought the August 125 puts

Mike (AZ)

9:12

please show SPOT parameters

Paul Z

9:05

$132 strike

Mentor Mike

8:58

If the bid x ask is a bit wide, just make sure you use aggressive limit orders. Then if for some reason you can't get a fill at a decent price you can look elsewhere

Brent Lester

8:57

vrtx...huge bid ask spread...thoughts on that.?

Mentor Mike

8:48

Morning! Welcome!

HONDO

8:48

Good Morning..

Load More Messages

Connecting…