We value your success, education, and profitability!
Can you take a few minutes to send us feedback about the format of the Advisory Letter to so we can make it better for you?
As you know, we post a chart of the recommendation with a 20-MA, 50-MA, and 200-MA. We provide the trade (which is typically an option play with the strikes and days to expiration (DTE)), rationale for the stock or option play, and stop loss. For example:
Trade: Over $34.25, consider buying Oct (10/20) $32/35 bull call spread (39 DTE) for mid-point (closed at $2.03/share).
Technical Setup: Breakout daily, bullish weekly and monthly.
Option Strategy: Bull Call Debit Spread (BCS).
Stop Loss: $33.68.
At the bottom of each letter is a link to videos that explains the various options strategies. These provide a basic overview of the strategy. Here is the link. Description of Master Trader Directional and Income Option Trades can be seen HERE
Please give us feedback to all or some of the questions below:
- What changes or additions would help you understand or be able to use the recommendation like the one above more effectively?
- Would you rather fewer options trades, more, or is the current amount fine?
- Would you like video updates for open trades, or are the current updates in the Members’ Area sufficient? Video would not change the play but would be an updated overview of the technical setup.
- Would you like more outright longs or shorts of the underlying stock or ETF itself (not an option play) when there is a setup?
- Are you interested in swing trades 2-5 days for longs or shorts of the stock or ETF? To profit from swing trades, the underlying must move from the entry point and offer the potential for greater profit than options income trades. Swing trades also require more outlay of capital as well, and will suffer greater losses if stopped. Just stating the obvious to the questions to be clear.
- Do you watch the video updates in the morning on YouTube?
- Do you value the detailed market review each weekend?
- If so, are they helpful? What would like added?
- Anything else you can think of, please send.
Please email Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
You can copy and paste the questions and type your answers and email us. THANK YOU!
We look forward to improving the Advisory Letter for you!
Greg and Dan
