Well last weeks Fast Money Trading was a disappointment to me, excuse Monday. Tuesday had tech difficulties did not trade and the remainder of the week daily goals were not met. Fridays hitting buy install of sell caused me a real problem. Remember if gaps up on opening I want to sell and gaps down on opening I want to buy. Some of you caught the error of my ways. Im probably dour a mistake every now and then . We need to identify mistakes quickly and learn from them. Some times hitting the wrong key is operator error.
Last weeks slow money option trades only 2 recommendations on Thursday. Friday morning the SPY and DOW were both very high but the bollenger bands were very tight. indicating something was about to give. So Friday morning I recommended the Call APPLE spread and felt that yesterdays recommendations on SPY would be perfect and by10:35am all was well in the SMO world.
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 busines
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I hope you will learn from my years experience as a professional trader.