As always, I’ve been getting some really great questions lately about what’s happening in the market, what the future looks like, and many more.
And to assure your success in these markets, I wanted to get your answers to you right away.
So, let’s get started…
Q: What is going on in the market? Is this over the trade wars? Will things get worse?
A: The market is doing exactly what we expected it to do. If you look at the video I sent you last week – you’ll see that during this time period, we’d see the market going green, and that’s exactly what is happening. I’m expecting things to get a little fuzzy around July 19 due to earnings.
Q: Is it true that a recession is looming? The economy is up, and jobless claims are down, but the news continues to warn of one that is “long overdue.”
A: You have to look at this in two areas. If you’re an investor, I’m with you. The last nine years has been fantastic for the market. The S&P has grown in a big way. So, I think its time for a mean reversion. But if I’m a trader, I don’t care about that stuff. I care about income, volatility, and those kind of things. So, keep that in mind.
Q: How do you know when to sell a position and how much to sell it for?
A: These are my few simple rules:
i. If you’re trading an ETF, I exit 50% of that trade for a 50% profit, and then exit the remainder at your target price.
ii. If it is a stock, I exit 50% of that trade for a 100% profit, and then exit the remainder at your target price.
Since May 1, I’ve delivered 16 triple-digit winners and 6 double-digit winners with a win rate of 85%.
If you’re doing the math… that’s averaging about two winners a week.
That includes 121.85% on AMZN, 120.67% on IWM, 123.10% on XBI, 101.64% on BIDU…
It’s all thanks to the obscene power of my Money Calendar.
It’s the driving force behind every strategy I’d like to teach you… Every payday appointment you’ll receive from me.
And I expect this incredible success to continue. After all, each and every recommendation I share is based off a little-known, yet incredible lucrative pattern that repeats with 90%-100% consistency…
It all starts right here.
As always, I want to remind you to plan your work, and work your plan. There is always a profit to be made – and following these rules, you’ll find them quickly!
P.S. On Tuesday, July 17 at 4:15pm Eastern, I will welcome trading legends Tom Sosnoff and Adam Mesh for the very first Options All-Stars webinar event to prepare you for quarter two earnings. With over 65 years combined experience, the three of us options legends will be spilling all their earnings secrets…
Including how current global economic tensions will impact upcoming earnings announcements…Which companies we’ve got our eye on that are primed for profits…And our go-to strategy for trading earnings in a volatile market. Now, there is a strict limit on how many attendees can join these gurus live… So go here now to claim your spot today.
Good Trading,
Tom Gentile
America’s #1 Pattern Trader
