Q: Where do I submit my membership coaching questions?
A: Please submit your coaching questions in the Level 1, 2, or 3 page, so we can verify your membership tier. If you submit your questions through email, we may not give you a response.
Q: Is this for beginners?
A: Absolutely! Our Level 1 series is made for beginner investors as the trading and investing ideas we discuss are relatively easy to understand. Being a former public school teacher, Steve and the Call to Leap Team break down difficult concepts in the investing world and demystify the complexities in the stock market. Our goal at Call to Leap is to help empower others with taking control of their financial and investing journey, so they can get to financial freedom much faster.
Q: How much money do you need to start to invest?
A: You can start investing now with as little has $100. There are many brokerage apps now that allow you to also invest in fractional shares. One of the biggest stock market myths is that you have to have millions of dollars to invest, which is simply not true!
Q: How much money do you need to start selling covered calls and cash-secured puts?
A: It really depends on what you want to sell covered calls and cash-secured puts on, but we encourage our members to have at least 100 shares of a company to start selling covered calls. So that's 100 times the cost of a single share of a company. We want to make sure that the stocks we trade and invest in are fundamentally strong and favored by Smart Money, which means that shares can range around $50-$200. We recommend roughly $10,000 or more to start trading the Wheel.
Q: What does it mean to sell a covered call?
A: When you sell a covered call, you are first going to purchase 100 shares of a stock. You then sell rights to another person to buy your shares away from you for a certain price and by a certain date that you choose. In return, you collect a premium, which is essentially your income. You can learn more about this in our free introduction series.
Q: What does it mean to sell a cash-secured put?
A: When you sell a cash-secured put, you want to first make sure you have the funds of purchasing 100 shares of a stock. You then sell rights to another person to sell their shares to you for a certain price and by a certain date that you choose. In return, you collect a premium, which is essentially your income.
Q: Is this a get rich quick scheme?
A: More like a get rich steadily (or maybe quick depending on what you do) with a lot of discipline and hard work kind of scheme. Trading and investing in the stock market is one of the easiest and fastest ways to grow your wealth. This is how the majority of self-made millionaires and wealthy people do it, and our goal is to show you how to emulate their positive, wealth habits.
Q: Is this coaching program for me?
A: We typically recommend that members have capital that they are comfortable investing in the stock market. We also usually recommend that our members have at least a 3-6 month emergency fund and are not in deep credit card debt. We believe it is important to have a healthy and positive mindset about personal finances before joining.
Q: How much money can I make with this program?
A: We can't guarantee future results. However, by looking at the stocks our community has been investing in and the overall performance of the S&P500, our portfolios have grown quite a bit. We typically have members aim to make around 2-5% of their portfolio amount each month.
Q: How long does it take to learn the strategies at Call to Leap.
It depends because everyone learns at different rates. To understand all the concepts, it may take around 2-3 months, as you will learn theory and application. It usually takes around a year to fully grasp everything since you will be able to trade and invest during all seasons of the market.
Q: What's the difference between the Standard and Premium Membership?
A: The Standard Membership allows you to learn Level 1 trading, which includes how to invest for long-term wealth and use the Wheel Strategy (selling covered calls and cash-secured puts) to generate monthly income. You'll be able to ask us your questions for our weekly Ask Steve videos and access our Level 1 Discord channel. Lastly, you’ll have access to our weekly Standard Membership Positions.
The Premium Membership allows you to learn Levels 1, 2, and 3 trading, which includes how to use the Wheel Strategy (selling covered calls and cash-secured puts), trade LEAPS options, and set up spreads to profit in all market conditions. You'll also be able to ask us direct questions and access our Levels 1, 2, and 3 Discord channels. Lastly, you’ll have access to our weekly Standard and Premium Membership Positions.
Q: Do you teach day trading?
A: No. Our investing and trading methods are more passive. We like our passive methods as it allows us to not have a "job" sitting in front of our desks. When we use the Wheel Strategy, we typically do it on a Monday morning, which takes around 5-15 minutes to set up, and collect our premium. In a way, it's like collecting rent each week or month.
Q: Is it worth paying to become a Call to Leap Member?
A: You bet! Being expert traders and investors, we want to pass our unique set of skills down to you, so you don’t make the same mistakes as other beginner investors. See the subscription as an investment to your education in learning about the stock market. Remember, we answer your questions each week, give you 24/7 access to all of our video library content so you can study at your own pace, and do all the heavy lifting, so you don’t have to! Our mission is to empower you to take control of your financial life!
Q: I am afraid of investing and losing all my money. What should I do?
A: There is always risk with investing in the stock market. However, we believe there is more risk with not investing and letting inflation depreciate the value of your money in the bank. When investing, always make sure to do your own research and see if an investment fits your personal risk tolerance. Based on historical data, the S&P500 grows around 7-10% each year. It is statistically improbable for you to lose all your money, unless every company in the world fails and there is some sort of apocalyptic event, in which money probably wouldn't even be worth much anymore.
Q: I have $1000 right now. Can I turn this into $1,000,000 in a year?
A: Possible? Yes. Probable? We don’t think so. Remember, investing is a marathon, not a sprint. Stay consistent and disciplined and you will see results in the long term.
Q: What brokerage company should I use?
A: It’s really up to you! There are a lot out there, like Charles Schwab, TD Ameritrade, E-Trade, Robinhood, PublicWebull. If you want to use a brokerage app with an easy-to-use interface, you can consider using Robinhood. If you click on our referral code, you can receive a free stock when you open an account! If you click on the Public link you can receive a $10 stock when you sign up! If you click on the Webull link you can receive up to 2 stocks each valued up to $1600. If you want to go with a more established company, you can consider Charles Schwab and TD Ameritrade.
Q: How safe is the Wheel Strategy?
A: This depends on what your underlying stock is. If the underlying stock is part of the S&P500 and/or DOW30 and have strong fundamentals, there is statistically less risk as many large institutions will put their capital into these companies.
Q: Can anyone sell covered calls and cash-secured puts?
A: You will need to get clearance on Level I Options on your brokerage account to sell covered calls and cash-secured puts.
Q: Do you serve outside of the U.S.?
A: If you're outside of the U.S. you may definitely sign up for our membership. Since our coaching program is designed to only handle U.S. stocks and options, just make sure that your brokerage allows you to trade U.S. stocks and options if you intend to do so.
Q: How do I access the FREE discord?
A: To access the discord you need to first create an account on calltoleap.com and go to the bottom of the dashboard. If you're having trouble finding your discord id click here.
Q: Hold on; what exactly is it that you do?
A: Simply put, we teach and coach on how to work the stock market and options and share our positions with subscribers. We really believe in what we teach because it's what we've been doing to this day and it's what changed our lives and got us out of the gravity of the 9-5. We're planning to add more features to our site as teaching aides to help people get through the fear of taking that first step. Regardless, we're here to walk you through it step-by-step. For more information, check out our membership offerings.
Q: I'm currently a member and I'm encountering technical difficulties (e.g. not being to access certain member pages, can't log in, etc). Can you help me?
A: Please shoot us an email at . Let us know what the problem is and we'll get on to resolving it asap. If possible, please attach screenshots of the issue(s) you're seeing; it'll help us reproduce and identify problems quickly on our end.
Q: What books do you recommend to improve your wealth mindset?