Sunday, August 26, 2012


Wow!  What a difference a week makes! Were on the path to consistency again. If you had taken my trades, at my prices you would have returned a 9% return on the calls and a 7% return on the puts.  I know that a couple of you did slightly better and that is great.  Lagging on the puts or the calls by watching the bollenger bands is key to doing this. Job well done Branden, Penny, Mark and Sojourner and any who took the trades.  The question keep coming up why dont i  take more trades and put out more recommendations on options?  I have said in the past this is what I trade with my money and I dont have enough money to trade dozens of trade ideas or throw around recommendations that I personally  can't trade.  What is the use?  You know several brokers, asset managers, traders, commentators who give you a slew of recommendations. and they will say well if you would have followed all of them you would have made XXX%.  This is just a ploy to keen there averages up but know one can really follow all there recommendations in my view.  Oh you might get lucky and pick one or two of there good trades, or all there bad trades, in either way you wont get close to there returns.

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, 

 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.