Hello Folks, this week we saw breakouts in NASDAQ and the SPX making new highs, but will it last or is this just a warm-up for a much larger pull back? With US Gov economic data coming in an under whelming fashion and earnings giving us a mixed view, we’re still grinding higher! The typical American investor is sitting on the sidelines during this rally we’ve been going thru for the past few years but big money is clearly playing the game! Now going into the summer months the old adage of “sell in May and go away” will be heard by many as an excuse to take profits now. Here is my take for the current markets:
It is not too Late to Join our Webinar Series as Shown below. It is very Popular!
By joining this Educational Webinar Series you will be able to view Parts I-VII in our archives before we move on to Part VIII on Thursday April 30th where we will continue to explore how you can modify, hedge and mange ongoing option trade positions. In this session we will look at option spreads and how you might approach trade management. From debit and credit spreads to winged strategies we will look at how you can change breakevens, extend duration by rolls as well as how you can lock in profits when they occur. When you join this session, you will also have access to all of our prior sessions in this education series as well as any future sessions added to this series.
This is one Option Educational Series you do not want to miss!
So click below and join us on the inside!
This NEW Educational Webinar Series is a Cannot Miss!!!
This webinar combines the best of Risk Mgt., Strategy Selection and Trade Mgt. into one Educational series
Learn all about Trade Management to include the following:
• Adjusting Long Calls and Long Puts
• Adjusting Vertical Spreads (both credit and debit spreads)
• How to effectively manage Condors
• How to effectively manage Long and Short Stock
• Learn how to use Synthetic positions to help your trade duration in Futures
• How to effectively use Ratio Spreads
• How to raise or lower my breakeven prices on the P&L diagram
• When to adjust and the best methods to deploy
• How to incorporate volatility in my trade adjustment plans
In addition to all of the above trade adjustment techniques you will also learn about key Risk Mgt Techniques that can help protect your capital
Learn how to create an effective Trend Bias
Learn how to leverage your Trend Bias with the proper trade Strategy
And so much more will be included in this webinar
Don’t Be A Rat Brain Trader — Trade Smart