This is an exclusive, members-only webinar that takes a deep dive into our current positions, potential trade setups, our trading methodologies, and have all of your questions and comments addressed!
Stock indexes rallied back threatening the triangle for at least a few months so we moved into the income unbalanced fly, along with 2 new long positions in stocks that are uncorrelated to the indexes.
Elliott Wave International Webinar Replay http://gainesville.elliottwave.com/t/271285/6991741/260168/24/
Paul Tudor Jones Video – https://youtu.be/-38x671CUQw
Member’s Webinar – Tuesday’s with Todd – Every Tuesday at 10:30 AM New York Time
This is an exclusive, members-only webinar that takes a deep dive into our current positions, potential trade setups, our trading methodologies, and have all of your questions and comments addressed!
When you make this trade on Tesla, are you considering anything involving the fundamentals of the company? Tesla is something I’ve been following the news on very closely and the company is troubled. Do you ever do a technical analysis and then consider fundamentals of a company and change your strategy?
Hello Todd from the Great White North (Plattsburgh, NY) Good to see you were in the area back in the day. Spent time myself at SUNY Potsdam..anyway, new to the program although been an EW subscriber for a couple years. Glad to see this platform come together as I have been looking for a trading system based upon EW! Just joined this weekend. Question on today’s post and the tier % of capital: Is it correct that the total net cost of the trade in TSLA should not be more than 2% of my capital? I made a mistake in only placing the debit spread this morning (didn’t realize it was a combo deal with the put spread) In so doing, I placed a debit spread for 10 contracts thinking the cost was $340. Now looking to do the other half of the trade tomorrow for the put spread with 10 contracts. However the potential loss factor shows I could lose up to $3400 max loss. What am I missing and should I sell 7 of the call spread and only do 3 of the put spread tomorrow? Thanks
Assuming NDX is looking for a moderate drop with a slight potential of a major drop, why wouldn’t we do something in the SQQQ or similar product? Maybe 3 months out and potentially roll it in 6 weeks if nothing develops?