Everything I make THIS CHANGE - I ended up making more money. To start, 15 years ago, I used to work at a supermarket. I took heavy boxes of oranges and threw them onto the countertop so people in Chinatown could rush over and buy fresh oranges. I made $20 an hour. It was pretty decent for a university student back in the day. Then, I work at KPMG as a staff accountant (the grunt) - A business model change I worked a lot of hours but I got a fixed salary. It is not so much about hours to time but the quality of my work to get to promotion. I made $50,000 per year. Then, I got promoted to manager (I manage 3-5 teammates per job) - A business model change I got my CPA and also CFA level 1 exam. I made $100,000 a year managing people to produce results. It is not about me working 100 hours a week but getting the team to collaborate and collaborating with the clients to achieve the goal Then, I started my own education academy - Investing Accelerator - A business model change Instead of selling my time, what's important is the asset (e.g. the knowledge, the course, the strategy) and whether or not I am able to help my customers to solve a specific problem I made mid-high six figures in revenue. Then, I developed the monthly passive income strategy in Investing Accelerator - A business model change. It's not so much about selling my assets (e.g. knowledge), but taking on calculated risk where the odds are in my favour using my capital. This scales with the amount of capital I deploy into the strategy (e.g. $300K to aim for $100K per year) As long as I understand the odds are in my favour (90%+ win rate), I can deploy my capital to work for me, with a reasonable expectation that I would succeed. Sometimes, making more money isn't about using more hours. But it is about changing your business model and how you deliver value to the world. Cheers, Eric ----- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM)

Hello Friends, Today I want to reflect on my journey from a FAANG engineer to options trader. I am still working and not retired yet but have been an engineer all my life (been at a FAANG company, won't get into the specific company for privacy). I have been long term investor but never really looked beyond buy and hold of ETFs. I dabbled in options (buying calls etc) earlier but it was a mixed bag. My journey started when I came across Eric's video on Youtube on how to make 30% per year and joined this community. I have been voraciously researching about options trading, backtesting strategies, finding growing success day by day. While my long term portfolio is playing how the market plays (it was down in November as QQQ was down), my options trading has been quite lucrative. I started in July and so far I had no losing month. Each month I'm getting better and better. My goal is to consistently make income every month so that I can eventually retire. Hope we all will be able to achieve our goals. Wish you all success on your chosen path. Happy to be part of this wonderful community.

Lululemon (LULU) stock is jumping after the company released third quarter results that beat Wall Street's estimates on the top and bottom lines. Lululemon also announced that CEO Calvin McDonald will step down at the end of January. Earnings per share came in at $2.59, compared to estimates of $2.22, while revenue came in at $2.57 billion, beating the $2.48 billion expected.

Friends, I want to share my learnings on how to enter into high probability trades based on technical analysis and trade selection criteria. This is what I personally try to follow myself. Stock Selection: From the top 30 SPY stocks (based on market capital), set a filter to identify stocks that are: a) oversold on RSI: Which means their RSI is below 30 (you can choose below 35 to get more) b) MACD Bullish Crossover: The MACD indicator of the stock is showing a bullish crossover (MACD line crosses the signal line). Showing a reversal c) Stock's business and fundamentals are still intact d) There is a strong accumulation of the stock (i.e., even though stock is falling it is being accumulated or bought more) Trade Entry: When all the above filters are met you can make any of the below trades a) Sell a 365DTE put on the stock at 50 delta setting a 25% profit target (my favorite and has 90%+ chance of success) b) Sell a 30-45DTE put at 30 delta with a 50% profit target c) Sell a 30-45DTE put spread with the short leg at 16 delta and long leg 5 or 10 points below. 50% profit target