Hello, I have been trading stocks and options for 3 years now and have built up my account to a modest size after incurring heavy losses buying calls and puts and just generally bad stock picks. I built my account up using a combined strategy of selling puts and swing trading MSFT, GOOG, and some other stable stocks. My question is regarding using large capital (say $10000) to make small, quick daily profits (tune of $100-150; +1-1.5%) only using safe stocks like MSFT with good amount of swings. I keep some cash (20% of allocated amount) to double down. Is this viable? Risk is that I get some draw downs if there is a big sell-off (but I’ll still hold/double down since I am confident that MSFT is undervalued based on Morningstar reports, their earnings, etc.). Is it a good strategy if I am thinking I just need to cover daily costs (like eating out, for instance)? Is there something I am not seeing? If so, please let me know. I would appreciate any advice. Thanks in advance!
[link] [comments] https://www.reddit.com/r/stocks/comments/12yydfn/help_with_strategy_swing_trading_large/
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