This is basically a repete of SUNDAY, JUNE 24, 2012

Solid gains again this week is great news but gains is only part of the equation.  The other part is consistency.  Yes you know what Im talking about especially if you are a Fast Money Trading Team subscriber.  Remember consistency is what makes us profitable.  Now think about when you first learned to drive a car? It seemed like there was just to much to think about or learn to be able to drive consistently safe. You know:adjust your seat, adjust side mirror then the back mirror, buckle up, look both ways and behind you, turn off distractions, get confortable, turn on the engine, move the shifter from park, hold your foot on the break, let off the parking brake, now shift in to drive, it goes on and on.  Well that is what trading is like there are lost of rules and I urge you to write the rules down in your notebook memorize them till you can do them without thinking.  Trading is a simple process to learn but you need a good teacher. 


I keep reminding myself reduce risk, reduce risk, reduce risk.   The reason is capital perseveration and consistency in trading profits. If you can consistently make 6% each week at the end of a year you would have 300%+ non compounding and a very happy family. So what is wrong with most of us?  It seems we like to blame everybody or everything when we should be examining what is holding up back from reaching out potential.  We get board because we hear or see others saying how well XYZ stock is doing and we dont wont to be left behind by what might happen.  Sound familiar doesn't it? This is why I keep saying consistency.   Look at my record or recommendations for Slow Money Options trading or Fast Money Trading.


Past week only had 2 option trades one earned 26% the other 18% in 2 days. Lets do it again this week.

I am trading weekly options to help you grow your portfolios a little each week. We are either making money or not losing money.  Thank you for letting me serve you, I consider it a privilege to work with each of you.  I strive to make a successful trade one week at a time, I am also exploring how to provide better service to everyone also. If you have any ideas how how we can help make things easier on you, please let me know. 

 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.