Good Morning and Happy Friday, In my last newsletter the last thing I wrote was “For now stay long and keep buying the dips!!! The S&P 500 dropped 4.74% from the most recent high. So almost a 5% correction. I have mentioned many times before that we would...
It happens to all of us! You were doing great. Winning was the norm. You finally thought that you arrived and your trading was going to now get you the financial success you were looking for. Then, boom! One loss, then another and then another. All that you had gained...
I wanted to share this trade with you since it incorporates many of the rules I use to ensure consistent returns over time. I share some of my pre-market thoughts where I analyze how I might approach my daily trade. The factors that evolve based on market price...
Here are the seven steps in creating your trade plan: Learn From Others that Have Strategies that Work My monthly trade came from a book I read and my O DTE Trade came from another FB member. When I discovered the monthly trade, I felt that I had finally found my...
When I set out to launch my Facebook Group to help traders, I did not imagine that I would learn a trading strategy from one of the traders that joined my group. But that is in fact what happened! I had played around with very short term credit spreads on several...
After struggling for many years through losses and inconsistent returns in my trading accounts, I came across a book called Profiting With Iron Condors by Micheal Hanania Benklifa. The book is all about monthly credit spreads primarily using index options on the SPX,...
