| Any business owner worth his or her (their?) salt should take customer reviews seriously. And if you know me, I aim to be worth my salt! | So this review has me rethinking my frood company in India that appears I've been pitching on the side of Bullseye Trades: | | Awww one star 👎, sorry Rajkumar. | I guess it's time to quit my stab at diversification 🤣 and focus on what I do best – teaching people how to navigate the ups and downs of the market. | You know, like the ones we've been having lately? | Oh, the volatile markets of September! | They sure make it difficult for lots of traders out there. Fortunately, I have a time-tested system for isolating AMAZING opportunities in all this mess. | Honestly, I'm not a bull or a bear. I'm a trader. | I don't care whether the market goes up, down, or in circles. I'll make money if I'm on the right side of the trade. | That's why I rely on my multi-layered screening process and "Gamma Trigger" set-up to find stocks that can really move. | For instance, I sent out this alert to Bullseye Trades subscribers on Tuesday (fyi- these normally go out on Mondays, but we had a market holiday this week). | | This week, I am on the fence about market direction. With $VIX trading so low, bonds not holding their recent bounce, and the QQQ's having trouble with new highs, my gut says we are headed lower this week. | That said, I think interest rate-sensitive stocks like tech, homebuilders, and miners are the most likely to fall. I find it hard to believe those will rally, unless bonds suddenly recover. | Of those sectors, I think gold stocks are showing the most weakness already and that is what I am looking to bet against this week. | My Bullseye pick this week is puts on Gold Miners ETF (GDX). | There is a lot to discuss when it comes to how I see interest rates having such a big factor this week. | My plan for GDX this week is to get started on a partial position sometime today, hopefully on a slight bounce higher (this would make the puts go lower.) | Then I'd like to add to the trade 1-2 days later, assuming GDX is still under my stop price of $30. | If things go my way, I think we will see GDX fall to under $28, which is my first target, and then we could see $27 or lower after that. | I am only looking for a small move lower on GDX, so I am going with options that expire in less than 2 weeks in order to capitalize on that. This creates more risk for the trade, but it also could have more upside for me if it works out. | It is going to be a fun week of trading…I hope you are ready for it! | My Trade Plan Details: | | BONUS Put Spread Idea: | GDX Sept 22 BUY $30 put & SELL $28 put for $.90 net debit. |
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| | (☝️from my actual email) | First, I'd like to point out we did go lower. In fact, there was nearly a 2% sell-off on SPY after that alert, just before the bounce. | And what about the GDX puts? | | *results not typical. Trading is hard |
| That's a pretty nice gain for just a couple of days, wouldn't you say? | Especially in this kind of market. | | 📣 Quick Pivot → I wanted to give a special shoutout to Mr. Frank Shen for referring my newsletter to his circle (see below for details) → much appreciated, Frank! Thank you for the vote of confidence, means a lot to me 🫶. |
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| | Now back to it…while I can't guarantee you'll make money, but what I can promise is that I will put my heart and soul into teaching you how I trade. And I don't hold anything back. | You'll get complete access to my video training library, trading e-book (How to Become an Alpha Hunter), instant alerts on our Raging Bull app when I enter or exit a trade and much more… | It's like an options trading college! | Except you won't be paying thousands of dollars to attend. Get in right now for only $47. | So join the Bullseye Trades team now before the next idea drops Monday! | | >>Click here now to get on board<< | To YOUR success, | | | | | | | Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull | | | DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer |
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