Sunday, January 6, 2013

My Trading Strategy and Goals


My 2013 Trading Strategy and Goals

1) Earn consistent cash profits month after month averaging a minimum 3% (2-8%) net monthly return. This is a minimum 36% annualized return. Earn these profits in bull and bear markets.

2) Enter Bull Put Credit spread trades on the RUT and IWM  Indexes that have a very high probability of expiring worthless. This is a low risk options trading strategy.

3) Complete Iron Condor trades with Bear Call spread trades to double the return on the required margin capital that only covers one side of the Iron Condor. This is been difficult to do since Obama became president. The markets have been rising each month making Bear Call spread trades risky. Once the markets return to a neutral trading pattern we can start selling Bear Call spread trades.

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