When break-even is a WIN 🏆

CROX puts a bright spot

December 21, 2024

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Did You See This Alert Dec 18th – 

DAY OF TOTAL MARKET CARNAGE???

*Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.

(It closed up @ 28% on the day)

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Hey Folks, 

Happy weekend!  Not gonna lie, I’m ready for this one!

I’m not sure about you, but I found this week to be rather tough out there in the Market.

Like almost everyone. I was not expecting or prepared for the total carnage on Wednesday 🔪🩸.

I was in too heavy with more positions than I cared to have…

Thursday was super choppy 🎢.  You almost always get a hugely indecisive day the next day after a huge tank so I decided not to trade that day.  

I was planning to close out Friday morning, but the pre-market was down so much I took my orders off and let them ride.  

And then I have to say the 🔱 Market gods gave me (and everyone in the same boat) a nice gift 🎁.

With a huge green move after the premarket lows, I was able to get out of the rest of my positions and ended up almost breaking even on the week.

What really helped save the day for me was my CROX puts.

I put this trade out in Bullseye Unlimited on Tuesday (which I know my members prefer CALLS).  Not too many want to bet against the market going down.

There is something uncomfortable with PUTS.

Nevertheless I am glad I went with the CROX puts on Tuesday - on Day 1 this trade didn’t cooperate but I stuck with my convictions that this guy was due for a pullback.

Wednesday afternoon it went down with the ship. 

That was one nice little bright spot for me and my members that were still in CROX 🔆.

Managed to lock in some nice gains - here’s where it sat on Thursday.

*Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.

And I closed that one for a nice win.

How about you?  Did you survive this week to live to fight another day in the Market?  I hope so.

I mean we’re traders after all. We FIGHT!

So this is what we do - the Market pullback was needed. The bulls were running wild 🐂🎉.  

The Market has perhaps gained some sanity and if you added any positions during Wednesday’s super sale, you likely did quite well by Friday.

There you have it, my week in review. Overall it was ok and I learned a thing or two. Keep at it and I will be back at on Monday!

To YOUR success,

P.S. My next Bullseye trade drops on Monday → you bet I’ll be ready for it 🥊!  Will you be in the ring with me?

 

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