Sunday, February 24, 2013

Finally a better week

Week before had been stress filled to the very end I decided this week to get back to basics stave conservative and trade my plan and follow my rules.  It  worked just like it is supposed to.
So how did SLOW MONEY OPTIONS do for the week?  I had announced 3 trade recommendations on Thursday.  The SPY call trade  received 8 cents credit, The two AAPL trades one .08 credit and the other .07 credit.  On the same day all options trades had dropped 50% of there value a few hours earlier and I took advantage.  Really nice when you also have some free trades to use or let expire.  I closed the SPY with a 3% net gain for one day and the both the AAPL trades @ 4% gain.  I like to say well done!  I played and did not put another trade on Friday altho I probably should have.  Sorry if you were expecting one.

It also seems I could have left everything alone and waited till Friday I  would have made twice the return but I like consistency.   Remember always do the more conservative spread is the reason that I give you choices.  What I do is take all my recommendations just split the money between choices. You can trade just enough to give you an extra days results of trading or trade enough to give you a weeks worth of trading.  The choice is yours take responsibility.

I am trading weekly options to help you grow your portfolios a little each week. We are either making money or not losing money.  Thank you for letting me serve you, I consider it a privilege to work with each of you.  I strive to make a successful trade one week at a time.

 Are you making money? If not why not trade with me. Remember the goal is to make money NOT lose money . . . Duh . . . . . . . Take a look and see how Slow Money Option Trading went https://docs.google.com/spreadsheet/ccc key=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&authkey=COb7xdMJ 

Remember if your not a paid up member of the Fast MoneyTradingTeam you will not get the weekly Slow Money Option recommendations. Yes, I expect to publish Wednesday,Thursday or Friday my weekly option trade to the paid up members. 

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