Its that time again! Let’s Make Some Christmas Money!
Our last few trade ideas turned out to be great winners. Draw down was at a minimum and the rewards have been paying off tremendously. This month’s trade idea has a historical year after year success. Not only that what better time of the year as the holidays kick in and the cold start to take over than to hop into a “cozy” Instrument Trade……..COTTON!
Entry Date 11/20/2018
Our bottom key support areas have come to a meet and the ideal trade entry to go long front month Cotton and Short back month is 11/20/2018. This email or blog may be a day late however I hopped in at a price of -1.25 with a plan to Narrow the ratio between the two legs and come in close to each other.
In simple terms the spread is relatively cheap right now and we want to see the Cotton Spread rise in value. This is where we make a profit. In fact as of the time I write this email, I am up 15 ticks.
Let’s put it into percentage perspective. We have a total cost of $395 reduced margin per spread to get in. I am up $75 per spread. In one business day we are up 19%, REAL MONEY, REAL TRADES, NO BULL!
NOW TELL ME WHAT INSTITUTE IS GOING TO PAY YOU LIKE THAT WITH YOUR MONEY!
Happy to help.
I know we have been taking orders for our Boot Camp that is underway and still have not completed the recordings. But I am more than happy to personally help with the current spread traders out there who have questions. For those of you that have paid up for the boot camp I appreciate it I am personally working to get the course together asap. I want this course to be simple, expressive, detailed, and I would like to see one trade pay itself off.
Enjoy the free trade. Monitor it, watch it, ad see the potential of what Spread Trading can do for you.