If you want to learn about how we trade, including how we manage our covered call portfolio check out out the first book in our Trade4Profits series below: Trade4Profits – Shortcuts to Profitable Trading helps new and experienced traders learn techniques for profitable trading. Based on the author’s over 20 years of trading equities, options, […]
Month: July 2017
AMZN Debit Spread Look Back Trade
AMZN – 07/15/2016 AMZN was trading down and I really felt like it was going to make a move up. The chart looked promising but more importantly I knew earnings were coming out on 7/28. There was some risk that earnings could be bad but other companies had already reported good earnings so I felt […]
SPX Iron Condor Look Back Trade
SPX – 4/24/17 Saw an opportunity on the Put side for a possible condor. I was able to get my Puts filled on 4/24, so I entered an order in on the Call side. I was fine with just a Put spread if I could not get a Condor going. This is a common way […]
2016 Covered Call Portfolio
My 2016 covered call portfolio finished with a gain of 22.36% for the year. My best week in 2016 was an 8.16% weekly return. My worst week in 2016 was a -8.47% weekly return. I averaged .43% per week. My covered call portfolio consists of regular covered calls, diagonals and different types of hedges against […]
GLD Iron Condor Look Back Trade
GLD – 8/25/16 Decided to enter a GLD Iron Condor. I normally do not like trading condor’s on anything but the indexes and maybe SPY, DIA or QQQ. However I decided to try my hand at a GLD trade. Overall the trade was successful with a respectable return for a 30 day trade, but I […]
Spreads
Spreads are another favorite of mine. There are two types of spreads I trade using either Calls or Puts. They are Credit and Debit Spreads. A credit spread means that you receive money when you place the trade and hope that the position expires worthless. A debit spread means that you pay money when you […]
Is TradeNet a Legitimate Day Trading Program?
Primary site owner/personality: Meir Barak. Website: www.tradenet.com TradeNet is another of the ‘let me teach you to day trade’ sites. One thing I noticed about the TradeNet website is that it has a more professional set up. Although it does feel a little bit like a carnival sells site to me, which might push you […]
SPY Iron Condor Look Back Trade
SPY – 07/19/2016 This is another trade you should not attempt. I traded this one in my virtual account to show how difficult it is to make a decent return with an EFT. I normally only do Iron Condors on indexes. The other thing I did here was a short term two week expiration which […]
PCLN Credit Spread Look Back Trade
PCLN – 07/14/2016 So what happens when one of these short term momentum trades go horribly wrong? Well that is what this trade is all about. Keep in mind that I understand the risk when I enter these. To get the premium you need for a trade designed to last less than 48 hours you […]
Soybeans Short Bear Calls
On 5/19/17 with the SQ17 soybeans trading at $954.75 I shorted August calls at $1,150.00. For the most part this trade went perfectly. At one point I could have closed for almost full profit. However, Soybeans had moved so perfectly for me I decided to leave. Oddly, this is something I rarely do in equity […]
