Fast_Money

Sunday, February 26, 2012

Yeah, we did it again. The main thing was that we followed the rules and calmed down our trading. Some one asked me recently why dont I trade more? The answer is simple, I dont have enough money to trade all my ideas and why eat with the goose that is laying the golden eggs. I was taught by someone who I consider my mentor many years ago and I am reminded of what he told me and that is, "Greed un checked will leed you down that wrong path, but if you take a little every day no one will ever suspect anything. The results this week after announcing recommendations on Thursday sell SPY 132/133 puts @ .11cr and closed out lated in the day @ .01cr. for a nice 10% return. The 2nd recommendation was sell the AAPL 540/545 call for .10cr and after 2 days it expired. Another 10% return. As you know our goal is to average 3-4% weekly with consistency following a conservative low risk trading plan and we have exceeded that.

Take a look and see how Slow Money Option Trading went https://docs.google.com/spreadsheet/ccc key=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&authkey=COb7xdMJ

Remember if your not a paid up member of the Fast MoneyTradingTeam you will not get the weekly Slow Money Option recommendations. Yes, I expect to publish Wednesday,Thursday or Friday my weekly option trade to the paid up members.

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I hope you will learn from my years experience as a professional trader.

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Fast_Money

Sunday, February 26, 2012

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