By: Steve Smith
I told you I was looking forward to this week, and right out of the shoot we grabbed some profits in my Options360 concierge trading service.
We closed 1/3rd of a trade an Iron Condor in AMD for a small profit.
More importantly, the remaining 2/3rds of the trade is still in the profit zone and we have reduced our risk profile on the trade.
This is how you have to trade this market.
Quick trades with a focus on reducing or eliminating risk.
(You can eliminate risk when you adjust a trade to the point of a zero-cost basis.)
The market is too volatile to look too far in the future, and while I have been clear that I expect a bounce…
I do not think we are done with the sell-off.
So I will continue to trade aggressively, with a bias toward risk reduction and quick profits.
I guarantee it’ll be the best money you ever spent!
To Your Success,
PS. As I write this the Nasdaq is getting beat up pretty badly and the Dow is only marginally off for the day. Of course, that can change with just one headline or one comment from a member of the Fed.
It’s time to stay tight and get the wins where and when we can.
That’s how I’m playing Options360 right now, and I would like to invite you to join me. A trial membership is just $19.
Why so inexpensive? Frankly, once people join they don’t leave. My retention rate in Options360 is among the highest in the industry for this kind of service. That’s why we do monthly billing instead of yearly, and why we can give you a month for just $19.
Once you join and see everything you get, you’ll never leave.
So, claim your trial month here, and let’s start finding the profits in this market.