Bulls & Bears Dancing Together? | Trading a Smaller Account
[Music] good morning and welcome to trading a small account um it's a beautiful sunny day it looks like happening here in the salt lake city area i'm delighted to be joining each of you for this jam-packed 45 minutes that we have together so what do you do when the market continues to be sponsored by the american chiropractic association or so it seems like everything gapped down on the open yesterday and if you had bearish trades with target your account was probably going ting ting ting ting ting ting if they were short-term targets and then we things rose extraordinarily throughout the day and who knows what today will bring so how does one try and trade profitably no less um in this type of market or set up trades that can lead to wins even if they're small wins so that's what we're going to talk about today um i always like to start by welcoming everyone that's here with us um you know we've got lots of people continuing to tune in but um you know these guys were here like half an hour before we even started so to doug and sunny money and vijay and lamar you always make my heart smile when i see you typing into the chat so early into ap 514 and juanita and krishna and sandeep and peter and michael and john and alonso and red solo cup and to marcy tuning in from seattle and tony and nihan and jim and and the rest of the gang peter and we have someone new here wonder wonder so i don't wonder where he came from i'm just or she i'm just grateful that they're here um and we've got pat malali who is going to be joining us into the in the uh chat he brings a wealth of experience with him um and so if you've got questions don't hesitate to type them into the chat this is an intermediate level class we move quickly we just try and pack i'm always guilty in this class of trying to pack you know ten pounds worth of stuff into a five pound bag but i admire each and every one of you for doing your um best to keep up for asking um pertinent and savvy questions if you are watching this as the majority of people do in the archives and you're going hey i don't get to ask questions well one consider joining us when the market opens on fridays at 9 30 eastern you're welcome to join us live but you can ask questions just type them into the comment section or if you love the class you can type that in every comment that we get i do look at and respond to at the beginning of every trading day so i will get back to you quickly okay um so just know that um what else okay let me just change the screen here enough of me um the other way to get in touch with us is through uh twitter and i'm posting content on twitter on a daily basis um you know at the armstrong underscore tda it is free my friends um i do put some effort into you know what i'm posting so you're missing out if you aren't uh participating in that venue and you don't have to follow you know all kinds of people you know i just follow people in the investing world um and this is what i use it for okay so having said that let's get through our important information so we can get to our menu and our topic for today know that everything we discuss in this class is for education and informational purposes only none of it is to be construed as a recommendation on the part of td ameritrade or myself know that options aren't suitable for all investors there are special risks inherent to options trading that may expose investors to potentially rapid and substantial losses we discuss those risks before we place any trade in this account um know that when we're looking at spreads and other multi-leg options strategies there are more substantial transaction costs and we do a lot of spread trades in this class um know that futures and futures option trading also it's a way to hedge our account but you know it provides risk right and that risk cuts both ways know that with both options and futures you have to apply for option trading privileges and future trading privileges if you're new to td ameritrade in our paper money account though which is where we demonstrate the functionality of the platform we use actual symbols it's also a great way to hone your skills with a new type of trade um so i highly recommend using thinkorswim i joined td ameritrade 10 years ago because i wanted to figure this stuff out and um the thinkorswim platform is functionally very rich so it can be a little overwhelming but you can book a one-on-one appointment um you know every six months if you like with somebody who will you know share a screen with you and and help you you know master this platform okay and know that all investing involves risk including the risk of loss and have we had losses in this account we have many people have had the opportunity to expense to uh see losses this year i will say that okay so what's on the menu for today well we are going to review our current that what's going on in the market um heaven help us uh we're going to review some of our previous example trades because i think trade management is critical to successful trading it's not just knowing when to get in sometimes it's even more important to know when to get out and then of course as always we're going to pla place several new example trades okay so that's what we're doing okay so let's get out to the platform and we're going to start with the s p 500 now if you're new and we do have a couple of new people here today so you'll see our net liquidity here is 22 000 so we started this year with twenty thousand um and our our rule is that we cannot place a trade that that consumes more than five thousand dollars of our capital um and you may say 5 000 that's 25 yes it is um and if you had a million dollar account would you place one trade that consumed you know a quarter of a million you would not but what this allows us to do is to you know do a trade like owning 100 shares of something so that we can use options to either protect it with a protective put or sell covered calls we can do buy right covered calls as a strategy so that's why we picked that number um as you can see right now we've got about nine thousand dollars available to trade in the account and you know we're now heading for the end of february if we take a look at this index well i mean this is you know no major news flash to anyone you know after an extraordinarily bullish year last year if we look at the year-to-date numbers even with um even with the s p 500 bouncing again today you know we're still down 10 percent yesterday when we hit the market low you know down 15 and if we come and we look at the nasdaq um you know at the open of yesterday we were down almost 21 where are we now down 15 year-to-date so you know being up 10 in this little account um you know we we've done something that has worked out well now will that continue well who knows um but you know so far our trading strategies in the midst of all this chaos um have been effective and that isn't to say we haven't taken some trades and some trades that have ended up in a max loss and in fact we'll look at one of those today but we'll also look at several that have been successful um when we look at the russell um you know so i want to back this up so you know the russell year to date as of yesterday morning we were down 16 year to date we're down 20 some percent like we're unofficially um you know in in not a great spot we're down on still almost 12 percent but you know this because i know we've been pretty range bound you know we were in this range for a long time in fact most of last year and you know this was about a 230 point range and when it fell how far did it fall almost 230 points i i to me that like the technicals are kind of fascinating um so here's where we are on the russell and then how about our friend the dao well the dao you know it too was kind of range bound first you know in this range between 339 and about 350 and then it came kind of came up and we had this double top now some might say well maybe it's a two-headed monster because we've got one shoulder two heads and another shoulder and it's now breaking below so what we want to see on on the dow is when it comes up or if it comes up and bonks its head around this 339 340 level will that act as a ceiling and then if it were to fall how much might one expect it to fall well if you take 337 and subtract let's call it 340. um so that would be a 27 a 28 point drop to the downside and so you know some might say well you know this could be a bear flag setting up and if you wanted a target that would be our target um what is looking at the markets without looking at the vex and the vix i mean you know we're still in nosebleed territory this is a one-year chart so we haven't very often traveled above this 25 mark we did for you know a hot minute back at the beginning of december we did at the you know from the 20th up and then we've spent up pretty much all our time there since you know the middle of february february 11th so yes it's you know now drop below the 30 but you know it's still pretty darn elevated right right okay so that's that then if we wanted to look at and i haven't let me come back here by the way mike fairborne posted this cheat sheet which i reposted on patterns so if you're newer to technical analysis um you know you may want to um you know go out to my twitter and and have a look i also posted stuff on a couple of stocks that we're going to talk about today on zoom on tesla and on roku um and so if you want some kind of behind the scenes fundamental analyst perspective on these um you may wanna you may wanna look and and julian um has mentioned in the chat you know it looks like another range might be forming on rot and someone else said you know maybe we could do an iron condor on that and you know that's a really interesting idea i didn't have that on the menu for today um and with all the volatility in the market we might want to give that another couple of days before we go into iron condor territory which is you know a really effective strategy when something is trading in a range but if something happens geopolitically and the whole market um tanks it could very quickly turn that into a losing trade um and so our focus today is going to be you know on shorter term trades on shorter term trades and i i do this just because um this is super quick while we're signing in by the way if you um are newer to the world of trading and you're looking at um honing your skills with technical analysis pat malali teaches one of the most attended classes um on fridays at two o'clock at two o'clock eastern it's called advanced charting and he's looking at things from a technical perspective and you may just want to join pat i think he's forgotten more than i may ever know about the world of trading i don't know why sometimes this just wants to you know be a pill okay it doesn't want to bring up sectors and industries for me so we can see you know it's kind of fascinating actually this thing on indexes but i don't want to get sidetracked and it won't switch okay so here's the the net on it is that um when it comes to sectors if we look at the last 90 days okay here we go so today yesterday energy when the market opened was the only sector that was in the green by the end of the day it was kind of in the middle of the pack but if we come out and we look at say the last three months energy has been really strong materials real estate consumer staples so energy can continues to be you know a bit of a rock star um and so when you look at some of our previous trades they tended to be in that um financial which was doing well and in the energy sector because it was leading the pack um if however we want to look at bearish trades then we just might want to look at you know which areas have been weaker and certainly technology destruct discretionary have been getting hammered and we look at today you know tech is the only sector that's um you know at this moment and who knows where we'll be at the end of the day at the moment but you know the only one still in the red okay so let's come and look at a couple of our previous trades and guys you know at the end of this there will be a link to this entire playlist so if you missed last week's class actually if you missed last week's class what i'll do is i will put a link in to last week's class so that you can go back and look at how we set these trades up and i will just put a note here so but i'll put a link in for that okay so i'm going to talk first about koopa software and so with koopa software we did a long put vertical so it was a bearish trade we bought the 120 put and then we sold the 115 to help finance it because just selling the put which you know is ideally maybe what we would have liked to do would have cost us 11 11 forty or eleven hundred dollars our max risk per trade in this class is four hundred um and so we couldn't do that so we did this long put vertical at 270 and we put in a target and we said hey if this gets to the point where it's worth four dollars um we would like to sell it and so yesterday at the market open we ended up selling it and this is where having a target can be a really nice thing because what ended up happening was it gapped down filled our trade so you know we're doing the happy dance on that and then it rallied so we would still be in this trade um my guess is um we wouldn't get four dollars for it if we tried to exit it now and so this can be the beautiful thing about having a target in mind and then putting it into the system so we got out and we made you know how much well we made a hundred and thirty dollars and well you know that may not seem like a lot it's three quarters of one percent of our entire account value so if you look at it that way it's like base hit base hit this 2180 that we've made is the result of a lot of these little you know often hundred and thirty hundred 150 dollar wins okay now another similar win but also keep in mind we were in this trade for six calendar days of which three were closed because of the long weekend and that represented a 48 gain well how did i come up with 48 percent as a gain well if i take 130 dollars which is how much we made over how much we were risking which was 270 it comes out to 48 percent so there was our happy dance on that one okay so second one paypal um there's a question about watch list so i'm trying to keep an eye on the chat i put a link in um to connie hill's class which was taught a week ago yesterday and she created a bearish scan and you could do exactly the same thing to create a bullish scan um and instead of taking the time in the class last week i just said hey go watch go watch this so i'll put a link into that again she did an absolutely great job on that um so you may want to watch that that's okay so i'm not going to take time on that today but you know what i i know that we like to look at scans so i will put that on the menu for you know an upcoming class in the next couple of weeks okay so here's paypal so we did another does this look similar we did another long put vertical so bearish where we bought the 105 put again the 105 put was 575 beyond because how much are we risking when we buy a put it could go to zero even if we put an exit in if it gapped up dramatically it could go to zero we can't risk more than 500 so we turned it into a long put vertical at two dollars and we said hey if it gets to 330 which is more than a 50 well let's see what we did here's our order history if it gets to 310 so you know a 50 gain kind of thing get us out well it gapped down on the open so it triggered a market order to exit and then um we got out at 3 30. so you know we said we wanted 310 for it we got 20 dollars more woo hoo okay so and again on this one if you want to calculate like what was your return and i mean similarly you know we were in this for how long we placed the order on friday and we got out um yesterday because we had this target in place so now we can see kind of the benefit of putting targets in so we made a dollar 30 or a hundred and thirty dollars on a two dollar investment now with this one we got in for two dollars so we could have done two of those um but we didn't so that was a 65 return so another one where you know that worked out in our favor okay now wells fargo now this is one where there was a glitch in the system um and i'm going to close this for a sec so we did two trades on on this one we did one on the 11th and on this we did a short put vertical and i don't know why oh here this short put vertical 58 and 56 and we were going to compare and contrast them and then we did um a long put vertical with a very narrow window so it only cost us five dollars to get in we only had a one dollar spread sorry a long call vertical so this was a bullish trade this was two bullish trades actually um and so we put this one in at 50 and then we had um we had an order that said hey if it gets to the point where this is worth 75 cents so basically you know where we've got a 50 gain get us out and it triggered that order and we got out um and we got out for a nice game now this one somehow closed out yesterday we should be at a max loss on this and how much should we be losing a dollar 47 a contract so with this one um this was a short put vertical so with wells fargo the idea here was that it was uptrending and so we did a long call vertical saying hey if it goes up a buck we could make some money and we did because we had an exit in place we also did a short put vertical which said if it stays above this 58 we're fine now we got paid 53 cents to get in so the most we could lose is a dollar 47 a contract the two dollars less now this was some type of paper money glitch fill we should have been down and we did two contracts you know almost 300 so 200 i think in 94 now do you expect me to draw a happy face no we managed our risk this particular trade went against us so we may be going like not thrilled but we're not unhappy because we managed our risk and and and while this may have been a bit of a flesh wound it was something that we we planned for losing trades and this happened to be one of them and so if you happen to have a couple of losing trades in the beginning but you followed your rules don't think like oh this investing thing or this trading thing isn't for me know that we're going to have trades that don't work out that's just part of the world of trading you know and i'm not trying to say that you know we um you know we could have managed this a little differently but here was wells uh when i didn't show you paypal so paypal like this was the same thing it gapped down hit our target and filled it and and then rallied so we would you know if we were looking at this now you know we wouldn't be out of this trade so that's the advantage of like i s you know i know i'm on repeat here of putting these in and then wells fargo so this was financial and we got in on this day on the long call vertical and then it went up a gapped up on the open this dark green means that it pulled back during the day but still closed ahead of where it was before and so we got out with our 68 gain or 50 game whatever it was but we didn't get out on the short put vertical side it ended up filling yesterday when it came down here um and now it's you know it's moving again to the upside um so we must have put an exit in on this one as well um but we should have if we exited yesterday been pretty close to max loss on that okay so there were you know two wins and one or three wins and then one that didn't work out in our favor now we have a couple of other positions that we are still in i'm going to look at those really briefly and then we're going to move on so we have three buy rights and what is a buy right a buy right if you're not familiar with this strategy and it's the reason that we have that up to five thousand um a buy right is where you're buying a hundred shares of something and at the same time you're selling a covered call now you can do this for any number of reasons um our reason for doing this was um our reason for doing this was as a short-term strategy where our goal is for it to go through the covered call that we sold and get called out so that's our our goal with this now on devon um we've sold a few of these so let's come back to devin and you can see when we view our trade we got into that on january 7th so you know we have done the wash rinse repeat thing on that and on the 11th i think we rolled it we closed out the first one or the second one and we bought another one so we've done this multiple times on devin where we ended up not getting called out but we got to keep either all of the premium or the majority of the premium and so right now devon we bought it for 48 it's trading for 54.34 so it's close to that 55 call strike which if it's above 55 come march 22nd will be out of this trade at 55 a share and we're already up on this one almost hundred dollars so this one if from our perspective in trading a smaller account with a twenty thousand dollar account if we get out of this at fifty five dollars you know if we can turn that into a realized gain which we could right now by closing out the trade that would be a bases loaded home run in in my opinion on that one so that's devin so baker we have a 29 call it's trading just above 29 and the idea in putting this trade on because it was almost at 29 when we bought it so the most we can make on this trade is is a hundred and fifty dollars the difference between what we paid to get in which was a net of 27.50 and 29 but when we did the math we said you know what if we make 150 or you know 1.50 a share on a 27.50 investment for a trade we were going to be in it for about 30 days that's a 5 gain on this investment and so i know base hit base hit this is another you know attempt for a base hit now could we end up you know losing on this trade we could but we've defined our risk by putting in an exit and in on devon we had an alert i'm going to go ahead and um we put an alert in because we were trading that over earnings and then we did one with a stock called ctba or corteva um and again we're just looking for a small win and this one is even less like this is about a two percent gain you know on fifty dollars to be up a hundred um to be up just over a hundred dollars so that's what we're looking for on on court ava so that's what we've got in the account so far okay so let's look at some new positions and let me just pause here for let me just pause here for one second and look at the chat i know that pat is amazing but there may be a couple of things fang did we have a trade on fang that i missed let's come out so somebody just typed in fang or maybe that was a so here we did a short put vertical um and here we did a another short put vertical on fang and so that one is still percolating if we look at fang oops sometimes like we just don't have time to go over necessarily everyone but that's kind of doing what it's supposed to do so we're just going to let that one percolate um thing where's my short put vertical oh there's fang we're up yeah we're up 17 and 50 cents woohoo 120 and it's trading at almost 130. so
what does that tell us about fang so yeah we did a trade on fang last week and the idea on this was we traded this over earnings we don't often do earnings trades in this class and what we were trying to take advantage of was volatility crush but the market went you know where in a hand basket and and so what we haven't seen is much of a drop in volatility and so we're just you know it's trading ten dollars above where our strikes are so you know here's our short put vertical as long as it stays here's the short strike as long as it stays above that and it's currently still sitting on the 30-day moving average this is a an energy stock and energy stocks have continued to be strong okay okay so now we have 15 minutes left so we're gonna motors everybody got like their fingers flexed we're ready to go here okay okay so this is what we're going to look at first apa okay so this is another apache it's another energy stock so if you're wondering what sector something's in if you come to um the analyze tab fundamentals and i have a link to my chart so like quick as a bunny i can see if i'm not sure but you know here in spite of like all the pullbacks in the market this sector has continued to be strong um you know and this this one um you know it may not have crushed it on earnings um but it continues to be strong so could we do a short-term trade on this and so you know a a one atr trade and what is a one atr trade is if we're saying in an average day if this moves say a dollar sixty a share could we buy a call and just say if when it goes up notice my my um my optimism when it goes up a dollar sixty get us out or if it goes down a dollar sixty get us out but either way a short-term trade so if we come to the trade tab and we come out to april now because we don't want time decay to be eating our lunch we're going to pay a little bit more so it's 3227 is where it's currently trading if we look at the 32.50 often the 50 cent strikes don't have a lot of volume and um the bid ask spreads can be a bit wider and so this is maybe a nickel wider but you've got 2700 contracts here so if we did the 3250 and we've got to do a little math here so if we say okay it's trading at 32.28 and if it goes up a dollar 60 we want out and so that would be at 33.88 if my math is wrong please correct me so that's going to be our target and let me just come up a little bit so this is our apa example and then our accent let me just add a few lines here so that you can continue to see it and i'll get rid of the calculator and then our exit would be let's look at the low for today which is pretty close to where it is 3213 so 3213 minus 160 oh sorry that should be an equal sign that's a trouble when you're trying to go quickly um 32 13 minus a dollar 60 is 30 53 would be our exit now you know this is vacillating between being bullish and bearish i'm not going to put a conditional order in to enter on this one we're just going to kind of go for it okay so and then how would we put this in we're going to come to the trade tab how much are we risking in spite of the fact that we've got an accident we're risking you know we could lose this entire amount so we're risking 300 so we're going to do just one i'm going to just do this at put it in as a buy instead of a buy with oco because i'm putting the oco on one line under advanced order first trigger sequence right click create opposite order we're going to make this a market order good till cancelled and when do we want to get out we want to get out when it goes at or above so this is a very short-term bullish trade when it goes out or above 33.68
and or if it goes at or below 30 53 now you may be saying like back the truck up why are you doing a bullish trade when the market is overall down year to date well i'm going to give the bulls and the bears both their time so be patient but notice what sector this is in is in the energy sector um and you know if we do have continued um stuff happening in the ukraine then you know energy could continue to do well and i was reading an article last night and they were saying you know even if things totally settle down the demand has increased so much and and the supply in other parts of the world is still not back to where it was pre pandemic levels where demand is going through the roof and so we could see continued um strength in energy um outside of what's happening in the ukraine if that makes any sense so confirm and send we want to buy one call expiring april 14th the 3250 call which is the call strike closest where it's currently trading and this is bullish we want to exit um when it goes above 33.68 so one average trading day above or if it goes below 30 53 does that look good looks good so this is a long call and we're going to put in here that this is a one atr strategy that's our strategy um if i've got the math wrong on that i'll check it he said it should be 33.88 um and and ap 514 said the same thing so if you have a trade that you put in and you've gone oops i did the math wrong and i'm just um trusting you on this so if i come in this is working it's not filled yet so we could come back here and say you know cancel and replace okay you want three bucks for it uh go for it we'll we'll give you your three bucks uh one atr so when this fills which it has now just done we're going to come to the monitor tab and here's our weight condition we're going to come and change this to 33.88 so we would cancel and replace this okay so we're just we would come in here cancel and replace make it 88 save confirm and send yep now says 88 we're good send okay okay so next one fcx so you know this is some a stock now different sector this is in the materials sector but again you know mining copper in high demand in a lot of tech products etc etc um been going sideways for a very long time you know basically since may of last year has broken out came back you know now we're looking at higher lows here broken out and bouncing today could we just do one atr little win little win um same thing so if we come what's the atr on this 168.
so fcx 168 fcx example and um we would look at where it's trading now 44.85 plus a dollar sixty-eight now it's already up a dollar thirteen if we had put in a conditional order that if it opened up yesterday we'd be halfway or more than halfway there so plus a dollar sixty-eight equals 44 85 plus a dollar 68. 46.53 okay uh so that's our target and our exit if we look at where did we open today or the low of the day 43.74 minus 1.68 and so 32 oh sorry that's 42.74
42.74 so 41.06 is would be our exit and i'm going to put this one in and then we're just going to look at a couple of setups because our 45 minutes it goes so fast okay so here's our trade tab um again we're going to look at april um this is a 45 stock so again in that we've got you know do we have enough volume here well almost 3 million shares traded today 14 000 contracts on the books so yes we're we're good so the 45 it's trading at 44.96
we want to buy a single first trigger sequence right click opposite order you kind of get can get into a bit of a rhythm on these things we want it to be a market order hit our sprocket i'm going to move this over so i can see my target i always put the target in first when it's at or above 46.53 46 53 or at or below 4106. okay now if i'm going a little fast and you're new to putting in a strategy this way know that this is being archived and you can always go back and watch the recording for some of you you may be going like pick up the pace like this is like watching paint dry go faster but you know my fingers and my mind only can work so quickly so there you go uh so that's that one again often people will read it out loud yes i want to buy one call the 45 call that this is a bullish strategy short term if it goes up to 46.53 does that make sense 44 to 46 yep um or if it goes below 41.06 we want out
how much can we lose on this 310 there is a 65 fee and just because we put in a target and an exit as we've seen in previous trades and we saw on the market yesterday if something gaps we could end up losing more of this 310 than we were expecting um and that's life in the world of trading but that's why we're only doing one contract and not two going oh we wouldn't lose more than half i'm pretty sure well you know we're being very conservative in this account very conservative that's a kind of a more conservative approach if you wanted to be more aggressive you could say i don't think i'm going to lose more than 50 so i'm going to do two and that still honors my 400 rule um you know it's your trading account you know even in paper money so you can do it however you like okay so there we go now we don't have time to put another trade in we're almost out of time and i'll make sure that that one fails if oh well there we go we got to fill on it so what else might we have looked at well i had several that were bearish but we would have had to perhaps put in conditional orders because with zoom you know we have a really if you like to trade bearishly nice downtrend happening here um but our entry may technically be a close below the low of the high day so yesterday would have been considered the high day and so if you're more conservative you may say hey if it goes below 114.06 then get me in and then you'd set up your one atr based on that um tesla so here's a stock that has been downtrending i posted something on twitter on that you may want to go and have a peek at that but we had this big move up yesterday could we just do a long put vertical we we can't afford to buy a call but to say hey if this goes up one atr whatever amount that is you know might that be interesting of course it looks like it's pulling back it's been kind of flirting back and forth today um roku another bearish opportunity you know i i should make this a shorter time frame so another you know nice consistently consistent downtrend it's still trading over a hundred dollars a share which means it has much more room in which it could potentially fall and could we do something similar to you know what we did what suggested with zoom um coupe we just had a successful trade but could we wash rinse repeat see my drift so we didn't get to do our bearish setups i knew that when the market opened it was bullish that these would just take us another minute because we're putting in a if it goes below yesterday's low then we'd want to enter that trade same thing with adobe and i don't know that we had a trade on adobe but we could have and this i mean at 416 a share and we've seen you know a pretty interesting you know we can take these get rid of all these lines now um but it's just a thought okay so guys that's a wrap for today um you know i i've been trying to keep an eye on the chat i know that pat malali does an amazing job on that by the way if you're not following pat on twitter also you're doing yourself a deserve a disservice you can see my handle kind of down in the corner there at the armstrong underscore tda pats is at p malali underscore tda so you'll want to follow pat as well um so you know did we do what we set out to do today well this menu always looks so benign doesn't it our agenda but you know we did look at the current market conditions we did review several of our previous trades about half a dozen of them and then we did um place two trades live and then we looked at setups for several others and i will go ahead and put those conditional orders in and we'll just see how they work out so guys thank you so much for joining me love having all of you in this class um up next will be who's up next pat um i've got my thing right here it's getting started with stock investing with connie hill at noon mountain or at ten o'clock mountain at noon eastern time so i hope you'll choose to join connie for that um keep in mind that everything we do in this class is for example purposes only none of it to be construed as a recommendation on the part of td ameritrade or myself know that all investing involves risk including the risk of loss know that stops or targets don't guarantee that we'll get out at sorry at exactly that price and know that all investing involves risk so my friends if you enjoyed this please smash that like button if you haven't subscribed to this channel what are you waiting for there's so much noise out there in the market wouldn't you like to get a reminder that this classes haven't happening every week and and other classes like pat's advanced charting at noon uh so subscribe to the trader talks channel um that's a wrap for me today my friends thank you so much for joining us i will look forward to seeing you in a webcast coming up soon long options on monday and we do tie that into this class and treat it as a companion class to this so don't mess it's at noon eastern on monday long options take care everyone have an awesome weekend bye for now
2022-02-27 14:52