 Last week we sure had a wild ride!
I was out for the first of the week and did not trade or even look at the markets. I had no positions on, just in cash. Mkts. go up and Mkts. go down but I was in cash the same as at the end of trading every day. I need that time to recharge my batteries of world confusion and jibber jabber. Came back last 2 days of the week and altho did not make my weekly average of $1,250 I did pull out $757 for the last 2 days in Fast Money Trading and ended up making a little in the Slow Money Option trades.
Last week I traded the SPY call spread and made 6% and traded the Put spreads loosing 7%. Anthony I think you did quite well. I also traded the APPLE call spreads for 6% and the put spread on APPLE @ 6%. Repeating myself but you should have the weekly charts up on these stocks with bollenger bands. Oh and don’t forget the big red lines Ive told you about it keeps you from getting into trouble.
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.
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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.