Short Term Winning Trades – Options Only Account Status

Posted: August 17th, 2011 | Author: Ron Costa

Our focus is Short term winning trades using a balanced approach with calls and puts. (you can get these for yourself by subscribing to the Weekly Market Strategies Newsletter here):

The $10,000 Options Only account made $ 1497 in profits last week, its eleventh week of trading. We came into the week with profits of $ 5,111 and with the gains last week increased our total to $6,608.

We try to have both longs and shorts seeking capital gains and short term winning trades while maintaining investor protection For those of you who do not buy puts to protect your portfolio, there are many ETF’s that are the inverse of the DOW. The symbols are DOG and SDS, which go up when the DOW and S&P 500 go down and down when they go up.

When we have a market that moves in a “vertical” direction we want to see some “horizontal action to show both support and resistance. We will continue to keep our balanced approach to insure protection. We tend to get much more volatility during the summer months. Less participation yields greater price movement when “high frequency or computer generated” trades hit the market. August tends to come in soft, rally into the middle of the month and then weaken toward the end.

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