Showing posts with label tariffs. Show all posts
Showing posts with label tariffs. Show all posts

Sunday, September 8, 2019

A quieter week than I thought ... and a new service offering I can provide

I thought that we'd have more volatility this past week, what with the latest round of tariffs kicking in September 1, but no:


So the equity positions I had on just quietly made a little money this week.

But the big news is that I've become aware of another trader who has published a terrific track record the last 2+ years ... trades that I can automate and bring to you as a service.

I am still interested in bringing my trading ideas to those interested, but I don't have a track record of performance to show yet. So this automation service for the other trader's trades is what I can do for now.

Full details of the offer are at my website. I expect demand for this service to be strong and I suggest you contact me ASAP if you find this of interest.

Sunday, June 2, 2019

I gave up on being short too early!

I have been trading "neutral" trades that pay off when the market stays within a certain range for the selected period:

But Mr. Anti-Neutral came back with his latest wacky tariff proposal this week:


And the market responded as though it wasn't thrilled:


I've been using about 30 days for these neutral trades and that will be about 1/2 over tomorrow.
Tastytrade research has been promoting the idea of "rolling" (closing and reopening further out in time) these trades, profit or loss after half the time is gone. Right now (based on the futures prices Sunday evening PDT as I'm writing this that I will be showing losses in all of my neutral trades as of tomorrow a.m. ... but I'm going to close them and reestablish in either event.

Also this past week: 3 winning earnings trades (all "defined risk" Iron Condors):



Good news in an otherwise annoying week.

More next week!