From: info@trendfund Subject: DAILY DEALS market Update by WAXIE for Thursday/Friday Nov. 14th/15th & January Effect Update! Content: Youre going to start seeing promos for the WORLD FAMOUS January Effect FREE class and Paid List...please, I urge you to take this seriously - this is our BY FAR BEST TREND ever! So, please read the promos and if you do one list all year - you need to do this one! DAILY DEALS Just as Groupon inundates us with daily deals offering discounts to all manner of items, this seemingly endlessly powerful Bull market does the same for traders like you and I! And, like Bitcoins, our job is to merely MINE for those bargains and use Options to maximize our reward and hopefully minimize our risk. Its not foolproof, but it seems like anyone shorting this market for more than a few minutes end up sitting in a corner crying for mommy and finally drooling on themselves saying Im sorry I was Bearish, Im sorry I was Bearish... Wednesday the market gapped down once again and once again if you faded that gap down, you rocked - to say the least! DOW was down about 100 pts at one point but by days end was at a new all=time high and closed UP over 70. I mean, how in the world do you get in front of this freight train...and better yet, why would you? I try to teach traders that going WITH the market is always the best tactic. Not to say that we never buy PUT OPTIONS, or short the market or an individual stock, but suffice to say most of the money in this market over the last 4 years has been made via CALLS and going Long. So, when we see a GAP DOWN, meaning the market opens a lot lower than where it closed the day before...well, unless theres news to account for it, to me its a no brainer and myself personally, I had my best day trading in a long while. Thats good because Tuesday I had a crappy day. Good thing is, I followed my own rules...I lost Tuesday but not nearly as much as I made Wednesday, so net net Im happy. The calls we gave this week = so far SO Ka-chingo! Our Option calls on BAC are rocking and I expect BAC to see $15 here short term and hopefully higher into year end. We are out 1/2 at .80 cents as our entry was .40ish cents on the $14 calls and we always want to take 1/2 off at a double. Id ride the rest, if we get that po pop to.80 cents Id roll over the calls to next week and do same strike price the $14s and keep rolling them. Today we got RTH Nov. 15th $59 CALLS at $.95 cents and they closed about $1.45, which is a pretty good 50+ % return intraday! I am thinking take 1/2 off at the open Thursday no matter what if it gaps UP even a penny and then rest ride with a stop at $1.15 on rest. I think we need to make sure this is a nice winner for us no matter what. Thursday I am looking for choppy day, Janet Yellen speaks at her confirmation hearings and thus I think bias should be flat to UP, if it is then Id buy an early dip and sell as she speaks, we may sell the news so dont get caught getting greedy! Feel free to email me with any questions or thoughts, I usually answer without 12 to 24 hours... Rock & Roll and RULE! Michael Waxie Parness email: waxie@trendfund ---------------------------------------------------------------- Community Information ---------------------------------------------------------------- This is a subscribed only list, sent only to those who have requested it. To remove yourself from the recipients list please contact: support@trendfund ---------------------------------------------------------------- DISCLAIMER ---------------------------------------------------------------- Your receipt of the foregoing information is conditioned upon your agreement to our current Terms of Use. Navigate to the link below to view a copy of our current Terms of Use: trendfund/TOS/ Trading the stock market, options or any other securities involves substantial risk, including the loss of your principle. You should seek professional advice before making any investment or using any investment or trading strategy. Nothing contained herein is a guarantee of performance by any individual or security. This service is not tailored to the specific needs of any individual and all information contained or delivered is impersonal. We cannot guarantee that use of our product will generate profits or reduce loss. Trading involves risk and you could lose your money. Testimonials are from our best students and results are not typical. Past performances do not guarantee future results. Copyright 2012 Trendfund LLC. All rights reserved. 295 Greenwich Street #315 New York, NY 10007 Copyright 2013 TrendFund LLC. All Rights Reserved.
Posted on: Thu, 14 Nov 2013 03:39:16 +0000
Trending Topics
Recently Viewed Topics
© 2015