READ THIS POST FIRST: How did a full-time trucker trade stocks part time and turn $154 into $2143 in one month?
You can do it too. What, when, where, who and how? Read and find out...
Thank you for your interest in learning how I turned less than $200 into over $16,000 and paying myself $6,700 in 2 months. If you want a 60 second sales pitch and a get rich quick explanation in less than a minute, this is not the place for you. However, if you do want to learn how to get rich quicker than working 2 or more jobs to make ends meet, then grab a pen and paper and prepare to change your future and make things happen! In this post, I will share openly without charge how I turned $154 into $2143 in January 2024 along with the tools I use for my successful trading as I work a full-time job as a trucker.
I am not a financial advisor. I am a full-time trucker, part time trader, working on becoming a full-time trader and retired trucker. I work full time 12 hours a day five days a week as a trucker hauling fuel in Oklahoma. If a full-time “dumb trucker” like me can do this, so can you, whether you are a trucker like me, working 8-5 in an office, retail, shift work, night shift, student, or any other situation.
I have a BS in Liberal Arts and had to work extra jobs after college just to make ends meet. I finally "got smart" and went into the oilfield at the age of 40 and eventually obtained my CDL and now make 4x what I made with my college degree driving a tanker delivering fuel. With AI now taking jobs away from humans, how long will it be before yours or mine is taken? Don't blow this opportunity off. No telling how much longer you will be able to take advantage of this. So, I hope you jump on it today.
Be sure to read to the end. In this post I will show you how I turned $154 into $2143 in one month (over $16,000 in two months shown in my Substack for subscribers) AND I will explain in my videos in this very post what tools I use AND I will show you how you can make money trading other people’s money.
If you are already an “experienced trader” reading this post, I challenge you to see if I have what you are looking for. Otherwise, you wouldn’t be reading my post.
WARNING… DO NOT, I repeat DO NOT open a trading account and put money into it until AFTER you have read my substack and watched ALL the way through on my videos included within. You will understand after you do so and be able to “count the costs” and decide which path is best for you and your situation.
It is my goal to save you thousands of dollars of your hard-earned money and years of your life by sharing with you my experiences and education that I have gained after spending thousands of dollars and years of mine. The small amount of time you spend with me taking notes is going to save you more time and money than you can imagine. You will thank me after you do.
Please get a cup of coffee or your favorite non-alcoholic beverage (you need to be alert and sober for this) along with a pen and paper to take notes. TAKE NOTES!
Pause now and get your pen and paper…
Before we get to my videos loaded with valuable information, including how to make money using other people’s money, let me show you how I turned $154 into $2143 in one month using my own money…
This past January 2024, I restarted my Tasty Trade Roth IRA margin account by adding $100 to the $54 I had from the previous year. As I normally use my TOS Roth IRA cash account, I had not used my Tasty Trade account for some time and decided to see if I had learned enough from my past mistakes to swing some trades following “unusual option flow.”
Below are screen shots from my Tasty Trade account, via my phone, of trades I took this past January 2024:
First trade: On 1/2/24, I bought two MRK January 19 (expiration date) 116 strike Calls for $.69 each (.69x100x2= $138 cost, not including fees). I sold both on 1/4/24 at different times of the day for a total of $468 (less fees). Big gain on this first trade, some like to call a “3 bagger” as it basically tripled my account.
Second trade: On 1/4/24, I bought two SPOT January 19 (expiration date) 202.5 strike Calls for $2.27 each (2.27x100x2= $454 cost, not including fees). I sold both on 1/12/24 for a total of $490 (less fees). Gain on trade of 7%. Small gain, but green is always good. Average mutual fund makes 7% in a year. Making that 7% in 8 days is pretty good, don’t you think?
Third trade: On 1/12/24, I bought five CZR February 16 (expiration date) 48 strike Calls for $1.00 each (1.00x100x5= $500 cost, not including fees). I sold all on 1/18/24 for a total of $690 (less fees). Gain on trade of 38%. Even better than 7%. Woo hoo!
Fourth trade: On 1/18/24, I bought two TXN February 9 (expiration date) 170 strike Calls for $3.03 each (3.03x100x2= $606 cost, not including fees). I sold both on 1/19/24 for a total of $1,140 (less fees). Gain of 88%. Almost a full bagger.
Fifth trade: On 1/19/24, I bought thirteen KWEB February 9 (expiration date) 24 strike Calls for $.85 each (.85x100x13= $1,105 cost, not including fees). I sold all on 1/23/24 for a total of $1,521 (less fees). Gain of 37%. Nothing to complain about.
Sixth trade: On 1/23/24, I bought sixteen SOXL January 26 (expiration date) 36 strike Calls for $.97 each (.97x100x16= $1,552 cost, not including fees). I sold all on 1/24/24 for a total of $1,920 (less fees). Gain of 23%. Still good % gain, however, this one should’ve been a 3 bagger. I sold too early. Darn!
Seventh trade: On 1/24/24, I bought seventeen SNAP February 16 (expiration date) 18 strike Calls for $1.11 each (1.11x100x17= $1,887 cost, not including fees). I sold all on 1/29/24 for a total of $2,040 (less fees). Gain of 8%. This one had me worried. Whew!
January Results: After the above 7 trades in the month of January, you see that my Net Liquidity totaled $2,143. This amount is after all trades and fees applied. The Profit/Loss was “in the green” with a gain of $2,056. Remember, I started with $154.
Now the question is: Who will make a $1,000,000 first, you or me?
One more question: How can you make money with other people’s money?
Continue here from the TruckerJake.com website…
I have the answers for you. In my videos on this post, I am going to walk you through the tools I use to trade with my own money and with other people’s money. I hope you will use one if not all of them along with me. If you want to learn what I have learned and more than I have learned, these are what you will need, because I’m not going to teach you all you need to know to trade successfully. They will!
If you are teachable and willing to pay attention and apply what you learn from them, you will become a successful trader like them. If you wait for me to make a million before you start, you may never start. Everyone’s personality, background, and situation are different. There are no guarantees on anything when it comes to trading the stock market. Yet, just like any profession or hobby, it takes training and practice to “make it to the big leagues.”
Don’t let anybody say you CAN’T do it. You surely CAN! But you won’t if you don’t start and try. You can’t steer a boat across the choppy waters unless the engine is running and in gear. Get your butt in gear and get in the game. Play smart by learning from those who know how to play.
Before you make the mistake of opening a private account with a broker and put too much money into it to trade with, let me remind you to consult your CPA (Certified Public Accountant) to verify what the TAX LAWS are today. It is my understanding that if you trade in a private account, you will be subject to capital gains tax and give your CPA a lot of work to do if you do so. However, if you open a ROTH IRA account with your broker, you will be under a different set of TAX LAWS that will be less of a headache for both you and your accountant. Read the link below and consult your accountant for the latest tax laws on trading stocks and options in a private account vs a ROTH account.
Click link: Should You Actively Trade In A Roth IRA? | Bankrate
Now that you are aware of the benefits of trading in a ROTH account, before you choose a broker, watch my videos below and investigate the discounts available through the service I will share below.
My approach for introducing you to the tools I now use, is going to start with what I call the “boot camp” of trading options flow, then I will introduce you to what I call the “sniper school” of trading without options flow, and I will end with what I call the “special forces” of trading other people’s money.
Did I mention I’m an Army Veteran? Hooah!
If you are not the patient type and rush to click the links below to see who they are before I explain my take on them, unless you can afford to do them all, I hope you will watch my video reviews before you decide on which path you take. I am a user and affiliate for these three programs I am introducing you to. Please use my links before you purchase from them otherwise, they won’t pay me the affiliate commission for advertising them to you. Make them pay me by using my links please. Thank you.
For those of you with no experience with trading options, I highly recommend that you subscribe to BlackBoxStocks and learn the basics of “options flow” and how it affects the market and how different folks trade it differently. In the following video I am going to show you the Discord room which comes with your subscription to BBS. You can see the website in the link below and watch the demos about their platform. Before you look at the website, please watch my video and hear what you won’t hear on the website.
Next, I recommend Wolves of Wealth for those of you who have already spent time in BBS or other types of trade groups among the hundreds if not thousands you have or will encounter in your trading journey. Trust me, they are everywhere. Some are good and some are crap and some are scams. Tread carefully.
Watch the videos as I walk you through my review of the BBS, who I like to call the “Boot camp of trading options” and the Wolves, who I like to call the “Snipers” of trading. Bang! Bag it baby!
After the first two, I will introduce you to Making Money With Other People’s Money.
Part 1: Introduction to BlackBoxStocks.
Part 2: Introduction to Wolves of Wealth.
Part 3: Now we get to the one many will want to know about and use sooner or later because it is the one where you get to trade other people’s money instead of your own. After you watch my walkthrough on FTP, continue to the bottom of this page to find the instructions on signing up with and how to trade with Funded Trading Plus.
Before I finish with showing you the instructions and optional tools to trading with FTP, as a military veteran, I ask you to thank me for my service by subscribing to my substack and sharing it with all you know. “Buy me a cup of coffee” and subscribe to my Trade Journal and travel with me on our journey to financial freedom. You just might beat me to it. You won’t know if you don’t try.
What will you get from my Substack? I will post weekly recaps of my day trades, updates to my swing trades that you can swing with me if you wish (enter and exit at your own discretion), and I will be posting video recordings of my live trades that I will be doing with FTP along with the guidance of Mr. Banks. I hope you will follow along and compare your progress to mine as we learn and earn together. Thank you for subscribing.
Finally, Prop Trading as it is called, is a totally different animal from options trading. Not only is it nothing like trading options, the TAX LAWS are not like trading your own money in a private or ROTH account either. Since you will trade FTP’s money, you will be taxed via 1099 like an independent contractor, similar to an insurance agent who does not get paid via a W-2, which is another great benefit of trading FTP’s money instead of your own.
For those of you who choose to go the FTP route and trade their money, I strongly encourage you to take advantage of the tools I found for you to speed up your learning curve to success in trading with FTP by clicking the following link:
Click here: Making money with other people's money! (substack.com)
BlackBoxStocks - Click this link to receive 50% off first month or 20% off annual subscription.
