
Jeff,were making a killing off of your magic 25 strategy,up 7500 in 2 days in first few days of Aug.We just got back from vacation and life is great thanks to you brother! Anyone out there still trying to decide to join Jeffs Academy needs to take a leap of faith and do it! study ,listen,learn and WIN!!! Mark Fisher
Sold calls and Bought puts on the Vxx today and bought spy calls
Sold spy puts
Double bottom…. We run higher from here IMHO
If not OUCH!
Hi Jeff,
I believe this is just a beginning.
Unless the US Government will enject more money into this economy the stock market will either go sideways or will drop dramatically over the next 12 months.
Mark
According to technical analisis it should recover as after 2008 and even more so according to fundamental analasis , the economy is much more stable then in 2008 according to my opinion at least and I am a beginner . tnx
My guess is to wait for a fractalized confirmation on an up move based coincident with the Vix topping out. The move won’t be super long but maybe long enough to make some money on a September bull put spread, especially since I have that idea supported by the 61.8 retracement of the 2008 bottom to the latest top. I have no clue what to do then…. will just have to keep looking for the pitch. Of course I might lose on this one but it is pretty tight and the premiums give some ease to the bet.
Ouch! Merry XMas time.
Jeff,
I am thrilled with this program. I paper traded for 5 months, and only got hurt when I was trading without the trading plan. I didn’t have the trading plan in February, and I made some trades when earnings zapped me. I started trading live in May, did very well in June. Traded bear calls, and then pulled in extra on a Iron Condor toward the end of the session. Is the the Maximum Risk coarse something that is going to be offered?
I could not say it any better, Jeff your the best…and a mean that..God bless
Jeff,
Good video and great testimony documenting Frank’s success. I am looking forward to learning more about Maximum Control.
Continue to do great things!
Vr/ Sully
Hey Jeff,
I’ll never be able to thank you enough for your coaching. You’ve changed my life, I’ll never have to worry about finances the rest of my life. I work an average (if you can call it work) of 4 hours a day and there’s no comparison to my 55 to 60 hour work week before I retired. There are many people who need what you offer, please don’t stop coaching.
God bless you.
Frank Dutkiewicz
1999–trading the Q’s. Maybe April. Had bought 25 call option. Q’s went down. 1st mistake. bought 25 more. went down again. 2nd mistake. Bought 50 more. 3rd mistake Had about two grand in the trade. Was on the phone with two of my tradings buddies. 4th mistake. Q’s started up. Now I was up to $2500. $500 profit. Buddies say get out. I did. Nothing wrong with a profit, right? Wrong!! Next day those 100 contracts were worth $40,000.00. I was physically ill. Next day they were worth $80,000.00. I almost threw up. Funny, huh?
In my novice years of trading, I was sitting in a motel room, bummed about my job, etc., etc. Pulled out the charts, looking for a trade. I was in total “gambling mode”; looking for any excuse to put on a trade – first mistake. (of course this is all hindsight, as I had no trading psych coaching at the time) Called the broker and put on a trade in a very thinly traded market – second mistake; based not on a trading plan but a vague notion at best – third mistake. Only 1 day before the Housing Report – fourth mistake. I was short the market, and it promptly went limit up two or three days in a row. There is no more helpless feeling of despair, than being unable to get out of a losing trade. At the end, it was one of the most valuable trading lessons I have ever learned. But, it also cost me a bundle! Ciao
Mental and physical fitness to trade are critical aspects that we either pay attention to now, or we pay for later.
Keep sharing.
“You were designed perfectly!”
Yes we are.
Imago Dei,
Neal