Back At It Again, Daniel!
TODAY'S GAIN: +$4,270
My posted, REAL-TIME TRADES CRUSHED -- Today's trades would have paid for MORE THAN SEVEN YEARS OF GOONIE MEMBERSHIP!
If you're curious about what I trade & how I trade, join the Goonie Trading Discord. You can be a premium member for 1 month free of charge. It's a riskless opportunity for you to become a Goonie today!
You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)
Piper's Picks
A BEARISH signal, 3/5 strength, was generated around 10:55am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).
Both of these trades hit if held until close -- 2 total units!
SPY Return: +$16 (+100%) per $84 signal capital requirement
QQQ Return: +$11 (+100%) per $89 signal capital requirement
Total Return: +$27 (+100%) per $173 signal capital requirement
Thicc Matt's Personal Trades
Trade One: 40 SPX 5,840/5,835 Put Credit Spreads (PPI Trade)
I let my PPI report bias cloud my judgment. I started trading before Piper fired and it cost me. These PCS's were sold at $1.10/ea and were bought back at $1.80/ea -- This means my realized loss was $2,800 :(
Trade Two: 70 SPX 5,870/5,875 Call Credit Spreads (Piper Trade)
I was finally on the right side of a "good" trade. After a quick bout with stupidity, I was able to follow Piper. I sold these CCS's at $1.01/ea and they expired worthless -- THIS MEANS MY REALIZED GAIN WAS $7,070!
Trade One Return: -$2,800
Trade Two Return: +$7,070
Total Return: +$4,270 (before fees)
These trades alone would have paid for MORE THAN SEVEN YEARS OF GOONIE DISCORD ACCESS!
You can join the Goonie Discord for FREE w/ code GOONIE (Click Here!)
Notes
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
Both of these missed :(
This was a trash trade -- My realized loss was $13,050.
This was also a trash trade -- My realized loss was $2,600.
This, too, was a trash trade, but it made money -- MY REALIZED GAIN WAS $2,250!
Both of these trades hit if held until close -- 4 total units!
These wasn't much thought or reason behind this trade. I felt left out after missing the Piper entry, so I got into this position to join the party (not smart). These CCS's were sold at $0.70/ea and they expired worthless -- THIS MEANS MY REALIZED GAIN WAS $1,400!
After trading for no reason with Trade One, I was forced into Trade Two to protect my account. This is another example of how trading without a system/reason commonly leads to issues. These CCS's were sold at $0.95/ea and they expired worthless -- THIS MEANS MY REALIZED GAIN WAS $2,850!
