Monday, May 27, 2013

And then the Markets dropped



Well it finally happened. Yes, Wall Street finally broke its 4-week winning streak, with the major indices down overall this past week and Fed tapering worries, a Nikkei plunge and weak manufacturing data from China.  So much for sell in May and go away theories.   I think among the biggest concerns for investors right now is how soon the Federal Reserve may be ending its stimulus program.


So how did SLOW MONEY OPTIONS do for the week?  I had announced 4 trade recommendations on Thursday.    I did not get off the calls spread on the SPY but the other recommendations went very well and All ended well. Remember always do the more conservative spread is the reason that I give you choices.  What I do is take all my recommendations just split the money between choices. You can trade just enough to give you an extra days results of trading or trade enough to give you a weeks worth of trading.  The choice is yours take responsibility.

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.