Sunday, May 20, 2012

We have had am amazing run in our option trading.  Remember these three things:
               1. Always take the conservative trade
               2. Always follow your trading rules
               3. Just let the time factor work for you.
 I gave out 3 solid trades this week I only traded 2 of them, not enough money to trade all my ideas. No need to waste brain cells. A big YES we are growing our portfolios with Slow Money Option trading. Both AAPL option trades worked out beautifully generating 7% & 17%. The pull back keeps rewarding me. Looking ahead the market is very much oversold and that means it could bounce anytime, BUT.  You knew I was going to say that there are major signs point much lower saying sell, sell, sell. We don't care which way the markets are going just as long as were on the right side of the markets.


 Are you making money? If not why not trade with me. Remember the goal is to make money NOT lose money . . . Duh . . . . . . . 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.