Update on February Trades Expiring in 20 Days.

All 3 Bull Put Spread trades emailed January 20 were filled by the majority of subscribers at limit prices higher than the current bids. This strategy of using higher limit prices has increased our returns an average 1/2 of a percent and will be continued on all future trades. All open trades, including the NDX Bear Call from earlier in the month, are very safe. I almost had a few Iron Condor trades ready to order this week but the market did not stabilize in any one direction. Their is still a lot of uncertainty whether this bull market will continue. Their are still many major earnings reports due next week which could influence the market direction.

A subscriber is providing me lots of guidance and professional help creating Flash Movie files that illustrate all the steps to select and process a credit spread order, close an open order and roll to a new order. I plan on creating these files to illustrate these processes for the upcoming Paper Trading Training course. I have been sending samples Flash files to subscribers to test on their computers and so far the feedback has been very positive.