I want to personally invite you join me on September 21st at the Online Traders Summit.
This is a must-see event that features eight trading professionals who are eager to share their market insights. I'll be presenting: "Discovering Hidden Momentum."
Tomorrow, you could begin doubling your account every single month starting with one letter.
The letter will come from a 20-year trading professional named Ian Cooper. He says, “In 2017, following my trades you would be doubling even tripling your account some months. Let me show you how.”
He will show you exactly what to do... and he’ll give you the blueprint for just $1.
The Top Oil Trades for a Potential War with Iran
by Ian Cooper
Just last week, we brought your attention to three oversold trades.
All as tensions with Iran began to escalate. Those included Exxon Mobil (XOM), Chevron Corporation (CVX), and Occidental Petroleum (OXY).
With XOM, we recommended the stock, which traded at $72.18 at the time. It’s now up to $74.21 and running. We also recommended the XOM January 2020 70 calls, which traded at $4.20. As of this past Monday, they were up to $5.60 and still exploding higher.
With CVX, we recommended the stock, which traded at $122.26. It is now up to $124.40. We also recommended the CVX January 17, 2020 120 calls, which traded at $6.55. As of Monday, the calls were up to $7.65.
With OXY, we recommended the stock at $46.78. It’s now up to $48.20. We also recommended the OXY January 17, 2020 45 calls, which traded at $4. As of Monday, the calls were up as high as $5.35.
If you didn’t buy into any of those, there’s still plenty of time.
Lee Gettess is a top trader who is excited to bring you his video newsletter. Each week, Lee will share his predictions on what he anticipates from the bond and S&P markets.
N is a measure of market volatility. It is the average daily range of the last fifteen days. To arrive at this figure, first determine each day’s true daily range (high to low, plus gaps), then add up all these values for the last fifteen days, and divide this sum by fifteen. N is used for three different functions. First and most importantly is to tell us how many contracts will make up one ‘unit’ in any different market. Secondly, N is used to establish a protective absolute hard stop loss point. And finally, N is used subjectively to determine where to add contracts and to estimate the time extent of trading ranges.
Using N to determine the number of contracts is done by first determining what 1% of your bankroll is. If your trading account is $100,000, then we know 1% represents $1,000. Next, convert N (the fifteen day range) into a dollar amount by multiplying the range times the tick value size for the market. For example, in Soybeans if the average fifteen day range is 10 cents, multiply this by the point value ($30 per cent) and you will find that a 1 N move in Soybeans thus is worth $500.
Thought for the Week: When you think and talk about what you want and how to get it, you feel happier and in greater control of your life. When you think about something that makes you happy, your brain actually releases endorphins, which give you a generalized feeling of well-being.
As a result, you develop a positive attitude. The best news about optimism is that it is a learnable quality. That means you can learn how to think positive by taking adopting an optimistic mindset…
This Week In Trading: DOW -142, NASDAQ -23, DOW -9.
PLEASE READ: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by TradeWins. For additional information on auto-trading, you may visit the SEC’s website: All About Auto-Trading, TradeWins does not recommend or refer subscribers to broker-dealers. You should perform your own due diligence with respect to satisfactory broker-dealers and whether to open a brokerage account. You should always consult with your own professional advisers regarding equities and options on equities trading.
1) The information provided by the newsletters, trading, training and educational products related to various markets (collectively referred to as the “Services”) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by TradeWins Publishing (“TradeWins”) a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. The Services are intended to supplement your own research and analysis.
2) TradeWins’ Services are not a solicitation or offer to buy or sell any financial products, and the Services are not intended to provide money management advice or services.
3) Past performance is not necessarily indicative of future results. Trading and investing involve substantial risk. Trading on margin carries a high level of risk, and may not be suitable for all investors. Other than the refund policy detailed elsewhere, TradeWins does not make any guarantee or other promise as to any results that may be obtained from using the Services. No person subscribing for the Services (“Subscriber”) should make any investment decision without first consulting his or her own personal financial adviser, broker or consultant. TradeWins disclaims any and all liability in the event anything contained in the Services proves to be inaccurate, incomplete or unreliable, or results in any investment or other loss by a Subscriber.
4) You should trade or invest only “risk capital” – money you can afford to lose. Trading stocks and stock options involves high risk and you can lose the entire principal amount invested or more.
5) All investments carry risk and all trading decisions made by a person remain the responsibility of that person. There is no guarantee that systems, indicators, or trading signals will result in profits or that they will not produce losses. Subscribers should fully understand all risks associated with any kind of trading or investing before engaging in such activities.
6) Some profit examples are based on hypothetical or simulated trading. This means the trades are not actual trades and instead are hypothetical trades based on real market prices at the time the recommendation is disseminated. No actual money is invested, nor are any trades executed. Hypothetical or simulated performance is not necessarily indicative of future results. Hypothetical performance results have many inherent limitations, some of which are described below. Also, the hypothetical results do not include the costs of subscriptions, commissions, or other fees. Because the trades underlying these examples have not actually been executed, the results may understate or overstate the impact of certain market factors, such as lack of liquidity. Simulated trading services in general are also designed with the benefit of hindsight, which may not be relevant to actual trading. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. TradeWins makes no representations or warranties that any account will or is likely to achieve profits similar to those shown.
7) No representation is being made that you will achieve profits or the same results as any person providing testimonial. No representation is being made that any person providing a testimonial is likely to continue to experience profitable trading after the date on which the testimonial was provided, and in fact the person providing the testimonial may have experienced losses.
8) The author experiences are not typical. The author is an experienced investor and your results will vary depending on risk tolerance, amount of risk capital utilized, size of trading position and other factors. Certain Subscribers may modify the author methods, or modify or ignore the rules or risk parameters, and any such actions are taken entirely at the Subscriber’s own election and for the Subscriber’s own risk.