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- Coffee, Halloween and 10k (so far) ☕🎃
Coffee, Halloween and 10k (so far) ☕🎃
Don’t do that… do THIS
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Hey Folks – Today at 2pm EST join JW and Jason Bond in the RB Market Masters Room – are small-caps back, baby? They think so and are super pumped💪!!! Be there!
And you know what else….it’s Wednesday (cue Captain Obvious!).
So far, it’s been a helluva ride this week (the Captain’s on a roll - see below).
At this point in the week, what the hell – grab another cup of coffee or four.
Throw caution to the wind and risk the jitters and a sleepless night. You deserve the caffeine boost now.
Besides, it turns out that a specific substance in coffee (called trigonelline “TG”) can help you with memory troubles…
What was I talking about again…?
That’s right! Halloween. 🎃
I read an interesting headline and intro in the news this morning about why Americans may spend $12.5 billion on Halloween this year. That’s $1.9 billion MORE than last year’s record.
This, apparently, despite “economic uncertainty,” and consumers “tightening their budgets with rising costs of living.”
But wait!
Consumer retail sales data indicates that consumers are spending with abandon.
All while wars rage across the pond… our President doing goodness knows what in Israel… the auto workers union determined to crush our car industry to dust… layoffs left, right, and center (ahem… LinkedIn – which is ironic, really)… oh, and don’t forget the bankruptcies of major household names like Rite Aid and the shuttering of hundreds of Walgreens and CVS stores!
Please, don’t worry about any of that! It’s the holiday season! Enjoy!
Ahem…
This is me ⬇️ trying to wrap my head around this…
Clearly, something doesn’t add up here.
So, rather than wracking my MENSA brain trying to understand government statistics and how they can be so wildly disconnected from reality… I keep my attention on trading… so I can try to make more money, no matter which way the market decides to move today.
If I am successful at that, then I can use my profits to buy whatever the hell I want to!
That said, trading is hard. Losses are inevitable. Trade responsibly! (like me)
I have several strategies to do this. One of my favorites is selling options rather than buying them.
You might get tired of hearing me say this, but it is so important for you to know that I will continue to do my duty and beat it into your skull. 💀
Look, buying options is a sucker's game.
And some of those suckers (hopefully not YOU) love to buy out of the money options. These are the worst bets possible.
Well, guess who is winning every time a sucker loses on those long-shot bets?
The SELLER!
Now, I am not going to say that buying options is never appropriate. They are a valuable tool in a trader’s arsenal, and I have proven many times that they certainly can work out.
Just this week, you saw me alert all of my subscribers (you are a Bullseye member, right?!) to the pending fall for NVDA stock, while most of Wall St was excited to buy it on Monday.
I clearly told everyone that I was buying options (rare for me)
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And then the very next day… I told them I was selling those same options.
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* Trading is hard, results not guaranteed and should not be expected to be replicated typically
Sure, this worked out great for me this week. I was able to take a $2400 investment on Monday and DOUBLE it the very next day.
Who doesn’t love that?!
But, buying options require a great deal of precision with timing, direction, and size that you’d better be damn sure before making that bet.
On the other hand, selling options takes away your need for a 🔮. Sure, you still need to have a hypothesis of where a stock (or the market) is likely headed next, but you don’t need a precise target. You can manage your trades with a ballpark range.
And timing, when selling options, becomes your friend. This makes your “hunting” much, much easier.
It’s the strategy I’m using to show my Alpha Hunters how I’m attempting to make $120,000 in 12 months in a real life, real money, documented trading journey.
I embarked on this challenge in July. My target is to make $10,000 a month (easier math there than government stats).
First month? Mission accomplished ✅
Second month? Close, but no cigar 🚬
Third month? Ugh! Horrible horrible month 😡 (but still profitable. How did YOU do in September?!)
This month? 🥳
So far, this is what I’ve got…
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* Trading is hard, results not guaranteed and should not be expected to be replicated typically
…And it’s only the 18th!
BOOYAH!
Sure, with 9 more trading days in October, this could slide. But from the looks of the trades I’m currently in – and the ones I’m about to release to members – I’m confident I’ll be able to make up a fair chunk of what I didn’t make in September.
(No one said I had to follow a straight $10,000-per-month line to hit my goal. Says the preacher to his congregation, “Investing is never a straight shot upward!”)
With this challenge, I’m all about transparency, so follow this link to view the current portfolio - wins and losses. (Just always remember there is risk involved.)
And to keep track of my progress… and dare I say, maybe even make some trades alongside me?...
It’s a damn site more useful than trying to wrap your head around the nonsense numbers from the government.
The only hurdle stopping you from unlocking all of this potent trading and education is a very small entry fee, that I have reduced even more right now.
It is so incredibly important that you take the step to learn how to sell options and create a solid foundation for your trading.
Quit playing games with your trading. It is time to start taking things seriously.
Hey! I just had a brilliant idea!
And as always, to YOUR success, and if you have any questions or want to upgrade any of your services, give Jeff Brown a call (1-800-585-4488).
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