Since President Trump starting his tweeting campaign against China – and, now Mexico – the markets have become erratic, with more gaps day to day than historically the norm.
The Master Trader’s Advisory Swing and Options Trader Letter, however, has been doing exceptionally well because of our Swing Trading approach to investing and trading.
Posted on Facebook Friday at 4:38 PM by one of our students and a subscriber.
Short trading week with Trump tweets making the markets choppy.
Still did well day trading and had a good week with option credit spreads.
Closed my PYPL 113/117 call spread out. Got in $0.64 and out at $0.39 for a $0.25 profit.
My SPY 280/283 call spread for $0.60, AMZN call spread for $0.90 and FIVE 124/119 put spread for $0.55 expired worthless for full credit.
All credit spreads were taken on 10 contracts for a total profit of $2,300.00.
Great week.
Total profits on credit spreads for the month of May 2019: $7,960.00.
Thanks so much, Dan Gibby and Greg Capra for all you provide in educational and trading services in MasterTrader.
Keith B.
Check out this video showing some of our open trades and those closed last week – all being what we call “no-brainer” setups, despite the volatile broader markets.
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We found many compelling swing trading patterns (stocks and options) using Master Trader Technical Strategies (MTS) with Multiple Time Frame (MTF) alignment.
Successful trading is all about finding high-probability setups, properly entering and managing them, and then having the discipline and patience to follow your trading plan.
We have been doing that for decades in trading our own accounts and in educating thousands of investors and traders.
Learn how Master Trader Swing Trading and Options Strategies can make you consistent money.
Access the Options Credit Spread Program that puts you on the Master Trader Options Income Path,
Learn The Master Trader Swing Trading Strategies to profits over a few days to weeks.
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Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
