Swing and a Miss
Dear Profit Takeover reader,
Yesterday we traded the Fed – and it didn’t exactly go as planned.
I want to be transparent with you about these SPX and XSP plays – they are quick lotto plays…
And if you walk into the Profit Revolution Day 1 wanting to trade them, I have to tell you –
It may not work out like you hoped.
These SPX and XSP butterflies require patience and lots of practice –
And we don’t win them all.
But the good news is, that when we DO win – we can make a LOT – 4x, 5x, even more…
And when we lose, we only risk the cost of the option.
These aren’t the ONLY types of trades I make in the Profit Revolution, so if you’d rather not worry with butterflies, that’s no problem.
I also recommend straight calls and puts (generally one or more per live show) that are $1 or less per option…
With the potential to pay out 100% or more in 30 days or less!
So – while you are learning butterflies…
And I can’t stress this enough – practicing butterflies in a PAPER ACCOUNT –
You can still put on these calls and puts in the meantime.
During big events like the Fed, and on days when I am not 100% sure how the market will go, I give official recommendations AND recommend hedges to protect your trades in case the market moves the other direction –
Just like it did yesterday.
Here’s a list of the trades and hedges I can legally show you from yesterday –
I circled the Trading Alerts – these were the official trades, the rest are hedges to protect on the opposite side.
(I have to cover currently open trades, but you can see yesterday’s was in MO.)
Some traders were able to make profit on the hedges but it was a very fast-paced trading day.
It brings me joy to help make traders money, and it upsets me when they lose…
My team and I are compiling a list of educational topics that I can really dig into to help traders be as prepared as possible for the market.
And I want to hear from you too.
Come to the live Profit Takeover shows and be sure to drop your questions in chat.
And my team will grab those – and if I can answer them in a few minutes, I will do it on-the-spot…
But for bigger topics, I am going to host some live shows dedicated to answering these more complex questions.
And in the Profit Revolution, I am going to dedicate extra time to showing new members how to get started practicing the lotto SPX and XSP trades –
Because there’s a LOT of money to be made with those, IF your expectations are set to LEARN FIRST then play them wisely.
If you’d like to join us to get your feet wet in a paper account with these butterflies, AND get $1 or less calls and puts to trade in the meantime…
I hope to see you soon in the Profit Revolution.
And if you’d like to be more prepared for the next butterflies, and want to do some homework, check out this replay show all about butterflies.
Until next time,
Founder, Profit Takeover
June 16 2022
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