Sunday, May 18, 2014

SLOW VOLUME . . . or sell in May and go away (vacation)

The volume for the stock market has well been very light no mater which way it seem to be headed.  Some of the stocks that we trade not cut in half but as much as 75%.  This tends to slow everything down.  Were we were use to getting a trade in and out for the day in 20-30 minutes is taking much longer and patience.  I am concerning some alternate stocks based on volume any comments on these CSCO, BAC, JUP, S NQ.  These are not written in stone but just ideas that I looking at.  Whats your input?  I'll keep  you posted.
My results for the year are posted so you can see what and when I traded weekly. https:/docs.google.com/spreadsheet/ccckey=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&usp=drive_web#gid=0 
(SLOW MONEY OPTIONS)

https://docs.google.com/spreadsheet/ccc?key=0Aj-gjBJLwH3rcjJqRndVSlBzY2hNenM4YXZQT1FBZEE&usp=drive_web#gid=0 
 (FAST MONEY TRADING)

You know I had some good days and some bad, some good weeks and bad.  But I have a trading plan, goal and consistency in my trading and that is what I'm trying to teach you.  I believe each of you can do the same thing it takes discipline.   Remember me talking about trading/investing is like running a business? 


So how did we do this past week with SLOW MONEY OPTIONS?  Patience on the SPY calls never got executed for me. But did get 4% on the puts the  AAPL call@4% and Puts @ 6%.  Well I can just say that is how it works  I think that sometimes we forget how profitable 2-4% per week really is and it takes patience to get the trades off and patience to get through to the expiration.

Remember you will live to trade another day if you don't get greedy and learn to take a small loss to be right.  I'm in this for the long hall and will not take undue risk.
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.