Sunday, August 10, 2014

Im ready for consistent returns back to basics

I think you can pick any of the  headlines and make a strong case.  The problem is I don’t care about any of the headlines but just my portifilo in Fast Money Trading and Slow Money Options

Headlines this week could be:
Putin to back away from Obamas sanctions.
Cash is king as the bull market ages.
Don’t get caught in the crowd as fear builds.
Tesla to double in the next year!
Living in denial can kill your portfolio.
Water crisis creates investing opportunity.
Bull markets don’t die of old age - start buying.
Time to place long-term bets on rising short-term rates

Remember what I said last week, “If I have said one thing that you should remember it is this.  If markets seem to high you should probably sell and if they seem to low you should probably buy.”  

Last week I had one of the worst weeks ever in SMO trades. I traded the SPY and the AAPL put spreads and lost on both.  Did not trade the AAPL cll spread due to premium was to low trades the SPY call spread for 6%. All in all with this strategy, were outperforming the S&P 500 buy about 3:1

Come on let me teach you how to Fast Money Trade.  I have had several hundred students over the years most are successful but not all.  Some are willing to learn and let me help them and follow this new way to trade.  Others are mired in their old ways and either won’t listen, thinking that they’ve a better way to do things.  All I ask is have a open mind listen and ask questions.  Making my daily goal of $250+ on average on a weekly basis will give me  somewhere around $60,000 year.  This sure goes a long way in supplement my retirement dollars and lifestyle. Please view my results.  This is a teaching site.

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? 






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I hope you will learn from my years experience as a professional trader.