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You Have to Stay Vigilant In This Market, For Example…

You Have to Stay Vigilant In This Market, For Example…

Posted On October 24, 2022 3:19 pm
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Dear Reader,

When you are trading a market like this one, you need to stay vigilant and watch your positions closely.

That’s one of the reasons members love Options360, I do all of the leg work for them while also teaching them at the same time.

For example, this morning around 10:30 a.m., I sent an alert for a diagonal trade on SPY.

In that alert, I pointed out that there are some technical indicators that suggested Friday may have been a turnaround in the market. We may be looking at a stronger market through the end of the year.

I included charts and some history — although I did warn that we should never cherrypick data to “see” what we want to see.

Education and Profitable Trades, PLUS I monitor everything for YOU, my students!

It was just 90 minutes later that members received another alert directing them to cancel the first trade and put on a different one.

Why?

Well, market conditions changed in those 90 minutes, which means that the new trade was the right trade to make.

Of course, if you aren’t in front of your computer all day (like I am), you may have missed the opportunity.

Arguably, having me in front of my computer or on my phone for hours everyday monitoring all of our positions and looking for new ones is one of the most valuable benefits you get with an Options360 membership

Of course, you can do it on your own. Many retail traders do…

But few of them are having the year we are having in Options360. We are up over 20% while the S&P 500 is down just as much.

Come join us and let my vigilance to work for you. It’s only $19, and I guarantee it’ll be the best $19 you ever spend.

In fact, if you don’t think so, I’ll send you your money back, so you get to trade and learn, almost risk free (there is always some level of risk in trading, even the experts can’t mitigate that down to zero).

You have little to lose, and a lifetime of of everything to gain by learning this one skill. Discover the life changing effects options trading can have.

To Your Success,

Steve

 

P.S. This kind of sudden change doesn’t happen often, but it does happen. And when it does it can be the difference between profits and a loss. 

Grab your trial membership today and let’s start making some amazing trades together.

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.

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