I have a confession to make.
I hate it when I have to make this kind of confession, but my dedication to honesty is more important to me than my ego.
Here it is…
I had to close a trade in Options360 without a profit.
I know, I constantly tell you that not every trade is a winner, but that’s in theory.
This is in real life.
Here is the alert I sent this morning:
BA is now threatening the put side of the position.
I don’t want to risk a big drop going into expiration.
Let’s close this for what will be around breakeven.
That’s the way the game is played.
Yes, not every trade is a winner – but with proper trade management we avoid (or minimize) any losses.
High probability trades and proper trade management, that’s how we have been up for 7 years in a row (as high as 123% in a single year!)…
And equally as important – we have buried our benchmark, the S&P, every year.
I expect this year to be another record year…
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To Your Success,