Tough week for FAST MONEY TRADING great week for SLOW MONEY OPTIONS

It was another solid week on Wall Street, with the major market indexes sailing to new highs after Republicans swept the midterm elections -- often seen as a boon for business. In addition, stimulus hints from across the pond added fuel to equities' fire, and a mixed jobs report on Friday ultimately resulted in a wash, although both the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPY) managed to eke out fresh record closing highs. However, while the sentiment backdrop remains favorable for bulls, a slew of indexes are staring up at potential speed bumps. So how did we do last week in SMO?

Last week I traded the SPY call spread 4% and traded the Put spreads gaining 4%.  I also traded APPLE put spread for 4% gain and call spread at 4%. 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 I've told you about it keeps you from getting into trouble. 

Come on let me teach you how to Fast Money Trade.  I have had hundreds 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?