They say pressure is building with the Federal Reserve and possiable next month making an increase in the Fed Fund Rate. If that happens I for one believe that will be the beginning for a new bear market to. Seems the economy is not growing as fast as hoped, world troubles in Ukraine, Middle east and tensions over race here in the US. Republicans are having a hard time finding someone to run for President. Just seems it is getting tougher here in the states to get some good laws passed for the good of the Republic. What is an investor to do? Well, if you're a long term kind of investor hedge every position and scale up taking profits and use covered calls to protect and generate income. If you a short term (Fast Money Trader) continue doing what we do best and that is take little pieces out of the markets daily.
Last weeks Slow Money Option traded only 1 recommendation on Thursday.
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 an 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.