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The World May Be In Turmoil, But Our Trading Is Not

The World May Be In Turmoil, But Our Trading Is Not

Posted On October 21, 2022 3:48 pm
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Dear Reader,

The world is in a bit of turmoil right now.

The UK Prime Minister just resigned (I think it was either a resign or get kicked out deal), making her the shortest serving PM in the history of England!

As for us over here in the US, 54% of the people disapprove of President Biden. Only 40% approve, so I guess there’s 6% who don’t know what they think. That very well could be the most disturbing fact of all!

The markets are in turmoil, we’re on the brink of a debt crisis, the 10-Year treasury rate keeps rising…

Which means the government isn’t going to be able to keep borrowing. Heck, at these modest rates – just 4.269% – I question if they can even pay the interest.

On top of that, it seems we may be drifting closer to WWIII, or at least another Cold War with Russia…

So what can we find confidence in?

Well, we can control what we can control.

In my world that means controlling what trades I put on.

Thats where my focus lies. Yes, I am aware of everything happening – but I focus on MY trades (which are also Options360 trades by the way…)

And while the S&P 500, our benchmarked index, is down 23% YTD – and Options360 is up 21.3%

I know we are doing a lot right!

When you focus on a single thing, like your trading – the confidence and feeling of control moves into all areas of your life.

It’s one of the often overlooked, but most powerful benefits of the traders lifestyle.

Give yourself a sense of security in the chaos, and discover how to use options to bring in a little extra paper at the same time.

Get started with Options360 today!

To Your Success

Steve

About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.