Putting On Bearish Trades With A Bullish Thesis…
By: Steve Smith
Dear Reader,
Early today, we closed 3 bearish trades, collecting solid profits for Options360.
We grabbed a solid 38% gain in 6 days with an XLP trade.
In CVX another quick 20% in just 24 hours…
And with SPY, we scooped up a quick 39.5% overnight.
All bearish trades, all put money in the bank…
And all returned an impressive percentage in a very short period of time.
In other words, all very solid trades in a screwy market!
Now, I can hear you asking already, “Wait a minute Steve, why are you making bearish trades when you said the market would be bullish until the end of the year?”
Well, frankly that’s where experience and trading know how comes in.
And why its important to continue your education by getting a mentor to help you navigate this crazy market.
I still think there is a good chance of a strong market through the end of the year…
However, I also know that markets don’t go straight up. So after several weeks of very strong performance – I expected a pullback.
There’s no doubt that Powell’s speech helped in that regard, however, the market was showing some short term weakness even before he spoke.
In other words, we took the ride because we were already cued up and ready to go.
That’s the power of having a professional trader working with you, doing the research, as well as most of the leg work… you still have to put on the trades yourself, I can hit buy for you, but I digress.
I am simply making recommendations for you.
So don’t wait, what do you have to lose? For only $19 for the first month you’ll get full access and become a member of the Options360 community.
To Your Success,
Steve
P.S. I don’t mean to come across as arrogant. In reality, I am one of the most self-effacing people on the planet. HYPER aware of my failings and shortcomings.
However, I also know when I am good at something, and I am REALLY good at trading. Some may say great.
And I want to help you become great and live the trader’s lifestyle with me. You can start your one-month trial today!