Sometimes helping a newbie trader can teach an experienced trader new tricks. We love the classic simplicity of a Covered Call, but sometimes your account just can’t handle the capital requirement.
On this episode of Research Specials Live, we backtested the success rate of Poor Man’s Covered Calls vs regular Covered Calls and you’ll love the results! Almost the exact same level of profits but for a tenth of the price!
New trader Vonetta sits in the hot seat with Beef to go over the mechanics of this strategy. See if being poor is right for you!