Sunday, December 8, 2013

Is it Christmas Yet?


IS it Christmas is a very good question some are asking.  It has been a very good year for traders and options traders.  I for one am waiting for the markets to have a 5-10% correction the question will be then will you act? That correction will come like a thief in the middle of  the night.  You most likely wont be prepared for it.  Example would be the shocker in the jobs number this last week.  In January we have another budget bubble chrises and this administration will masterly create another chrises.  Oh what exciting times.  I'm still trading from Alaska till Christmas day I will be traveling that week back home and decent hours of trading.  I will not trade Christmas week due to several conditions.  One is it is a pre holiday effect I mention in my book "The First 60 Minutes of Trading" and the second I will be traveling during that time.  I wills resume trading Jan 2, 2013.

I would like to hear from you and how your doing and maybe what I can do to improve the service. Remember me talking about trading/investing is like running a business?  Well to get a general feel of your business and what your customers are thinking.  It is good to pay attention to earning of others business it helps set the mood of possibility of your customers/consumers also.

So how did we do this past week with SLOW MONEY OPTIONS?  4 trade recommendations that I shared.  SPY  puts worked very well making 5%, was unable to get execution on calls for 3%.  AAPL trades both generated 22% & 10% gains.  Not much excitement and that is always what I prefer.  

Remember always take 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.