$500 Challenge on MooMoo Trading Platform

Описание: Hello guys, welcome to my channel where I talk about money and road to retirement. My plan is to stop working at 55 or at least slow down a bit by then.

My name is Kevin, and right now I'm trying to test / challenge myself to see if I can grow $500 dollars by $100 dollars a month on selling vertical puts/calls on QQQ.
QQQ has daily options, the credit I receive should be $20 per trade and I would set a stop out at 50% if its in my favor. If not my max lost is $100 per trade. When QQQ goes up I sell call spreads, when QQQ goes down I sell put spreads. Or a condor so it covers both ends. It might sound risky to bet $100 to make $10. Which it is, so please note this is not financial advice and everything I talk about is for "informational purposes only," "not a recommendation," and that you should "do your own research".

If you want another video on options, or any related topics please write in the comments.

For this challenge, I would use MooMoo which I created back in 2022. As of Janurary 26, 2026 the balance is $1.85. I have initialed a $500 deposit, which should take 2-3 days for it to be usable in MooMoo. In case you guys don't know what MooMoo is, it is a trading platform that allows you to trade stocks and options. It is quite similar to the other free trading platform out there such as Robinhood and Webull. For now I would use MooMoo and see how it goes. If you want me to test this on another platform please let me know.

I'll post another video when the funding is available.

#trading #trader #fire #retirement #optionstrading #moomootrading #robinhood #webull #finance