Week of Oct 2
Recap of last week:
Another winning week. It’s almost as if we’re consistently making money every week, like a profitable professional trader ;). Now, no massive winner or 10 bagger this week. Oh well, c’est la vie. But we got a solid base hit on our call spreads on Sunday/Monday. These were up like 30% in one day, and we never took any drawdown. Market dumped after to make new lows, exactly as I predicted.
Now towards the end of the week, after the mid-week selloff to 4238 $SPX I sent out this email.
I turned bullish Thursday 11:30 AM and told subscribers to load calls. We traded higher that day immediately after, and then proceeded to gap up almost 0.70% on Friday after Powell/PCE. So two solid winners this week, basically zero drawdown on both trades, and yet another week with no losing trades. The last part is what I am most proud of. Losing trades can not be quantified in simply dollars, the most damaging part of losing is the toll it takes on your mental capital.
Onto next week,
Next move for markets?