The Truth About Trading - podcast cover

The Truth About Trading

Markus Heitkoettermarkusheitkoetter.com
This podcast is for everybody interested stock trading, option trading, investing in real estate, making money and motivation. Your host is Markus Heitkoetter, a self-made multi-millionaire, bestselling author, and the Leading Trading and Investment Expert. Markus Heitkoetter is also the CEO and Founder of Rockwell Trading.
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Episodes

Ep 167: Stock Market Crash May 2021 - Do We Need To Worry?

Will the stock market crash in May 2021? Over the past few days, the markets have been plunging. So THIS is a question that many people are asking: Will we see a market crash in the next few weeks? What will happen in the stock market? In this video, I will talk about exactly THIS: What is the likelihood of a stock market crash in May 2021? Do you need to worry? And how can you prepare for it? Recommended Videos & Links: Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-...

May 18, 202125 minEp. 167

Ep 166: Options for Beginners - Part 1: Options Vs Stocks - Which Is Better?

You are probably wondering, "options trading vs. stock trading: which is better?" This video will cover the 7 topics that you want to know about options trading and stocks. We will cover what is the difference between buying stocks and options, which is better (for you), which is more profitable, how much money you need for either, and the risks of both. Recommended Links & Videos: Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ ​ Wheel Playlist: https://www.yout...

May 11, 202117 minEp. 166

Ep 165: When To Sit On Your Hands In Trading

I'm currently trading two strategies: - Strategy #1 is The PowerX Strategy - Strategy #2 is The Wheel Strategy So when is it best to not trade stocks? When is it best to not trade options? When should you not trade at all? There are days and even sometimes weeks in the markets, where the best thing to do is sit on your hands' (i.e. do absolutely nothing). On an average day, The PowerX Optimizer (my proprietary trading software) will provide me with around 8 potential trade setups. The beauty of ...

May 07, 202113 minEp. 165

Ep 164: Options Trading During Earnings

How does earnings season can impact option trading? Earnings season happens four times a year, and is when corporations reveal their financial results for the previous quarter. Results of a company's earnings report can have a major impact on the stock price, and options will often price in the expectations before the event so it's likely that options premiums are more expensive. This can impact your trading with implied volatility. What makes up an options price? - Implied Volatility: the marke...

May 04, 202120 minEp. 164

Ep. 163: Trading For A Living - How Much Money Do You Need?

People often ask me, "How much money do you need to trade options for a living?" For everyone, the answer to this is different. What are your monthly expenses? How much do you need to cover your housing costs, groceries, recreational expenses, etc.? What are your profit expectations? What is the ROI you expect to earn with your trading strategy? These are all questions you must answer first before you can figure out how much money you have to have in your trading account to be able to live off o...

Apr 30, 202117 minEp. 163

Ep 162: Emotions In Trading: The #1 Account Killer - Here's How To Deal With Them

Trading is fun and every trader is happy when trades are moving in the right direction. But when a trade goes against you, you will experience a lot of emotions: Fear, anxiety, regret, doubt, maybe anger, ... ... and these emotions in trading can lead to some bad decisions that could kill your account. I want to show you how to deal with your emotions and how to control your emotions in trading so that you become a more relaxed trader. Recommended Links & Videos: Unrealized vs Realized Profi...

Apr 27, 202121 minEp. 162

Ep 161: 3 Tips That Turned My Trading Around

I want to go over three very specific set things that helped me to become a much better trader. Full Episode: https://youtu.be/t577IGfooYI Recommended links & videos: Generating SRC Profits: https://youtu.be/FP2x4JULzwU The Wheel Strategy Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq The PowerX Strategy Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB...

Apr 23, 202123 minEp. 161

Ep 160: How I Find The Best Trades Every Time - My 3 Step System

As most of you know, I'm currently trading two strategies: The PowerX Strategy, and The Wheel Strategy. People often ask me, "How do you find the right trades for these strategies?" I will answer that in today's episode. I have a 3 step system for finding the best trades, every time. It's been working great for me, and I will show you how I found 2 great trades, just this morning. Full YouTube Episode: https://youtu.be/VgAWxeDMoes Recommended Links & Videos: Wheel Playlist: https://www.youtu...

Apr 20, 202126 minEp. 160

Ep 159: My Planning Process Revealed

One of the things that I've learned over the years for goal setting is I don't create a plan of action for everything. Backward Planning: Start with your goal in mind, and work your way to the beginning. Create a detailed step-by-step plan of what to do. Problem: What do you do if something goes wrong? Full YouTube Episode: https://youtu.be/_LS47X7Ka0U Recommended Videos & Links: Last Video/Plan for 2021: https://www.youtube.com/watch?v=_XvnPBSIsYE Markus’ Plan: https://rockwelltrading.com/m...

Apr 16, 202116 minEp. 159

Ep 158: Best Brokerage Account 2021 - Which $0 Commission Brokerage Should You Use?

Are you looking for the best brokerage account 2021? One of the biggest questions people have is "Which brokerage should I use?" And finding the best brokerage account is one of the most difficult decisions for new investors. In this episode, I will share my top pick for brokers and show you how to find a broker that meets your needs. Full Episode on YouTube: https://youtu.be/kzinSHgX848 Recommended Links & Videos: Sign Up For A Tradier Brokerage Account: https://rockwelltrading.com/broker T...

Apr 13, 202120 minEp. 158

Ep 157: How To Start Trading Options - A Step-by-Step Guide

In this episode, I'm going to show you how you can start trading options without any prior experience. In this episode, I am going to talk about the basics of trading options in detail. Unlike other episodes on YouTube that just say "options are good," or "you should trade options," I am going to break down all the steps involved with a beginner's approach so that anybody could do it. Full YouTube Episode: https://youtu.be/4lJ8ThbpWZQ Recommended Links & Videos: Options Trading 101: https://...

Apr 08, 202120 minEp. 157

Ep 156: Are Trading Courses Worth It?

In this episode, I will show you the most important things to consider BEFORE buying any trading course. This is NOT a sales pitch for any particular course but rather and an unbiased opinion of what you should be aware of if you think about buying a trading course. Full YouTube Episode: https://youtu.be/a_qc261zTwY Recommended Links & Videos Show Notes are posted in our free member's area under Coffee with Markus. You can register here: http://rockwelltrading.com/app Swing Trading vs Day Tr...

Apr 06, 202122 minEp. 156

Ep 155: Why Options Are Dangerous - Here Are The Risks of Options Trading

Options trading is fascinating, and it can be VERY profitable. In fact, I just released an episode of how I made $52,138 in 8 weeks of trading options. But there’s also a downside to it, and not everyone knows the risks. With confusing terms like "puts" and "calls", some of the most basic things can seem overwhelming at first glance. But don't worry! This episode will break down everything for you, In this episode, I'm going to show you the risks of options and what you need to know when trading...

Apr 01, 202126 minEp. 155

Ep 154: Why 90 Percent Of Traders Lose Money - Top Trading Mistakes To Avoid

They say that 90% of traders lose money, and I'll explain why are clear in this episode. I'll share the tops trading mistakes you want to avoid if you want to be one of those 10 percent that make it! Full YouTube Episode: https://youtu.be/spz-2SzGdvY Recommended links and videos: Black Swan Events: https://youtu.be/sOmX_-ELuLo PowerX Strategy Playlist: https://www.youtube.com/watch?v=V7-qq3HO_rg&list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB How To Fly Rescue Missions: https://www.youtube.com/watch...

Mar 30, 202135 minEp. 154

Ep 153: When to Take Profits on Options - Let Options Expire or Take Profits Early?

Options trading can be a great way to make money, but it's important to know when you should take profits. How do you know when to take profits? Is there a formula for it? In this episode, I share some guidelines for how and when you should take your profit on an option trade. And we will answer the question should you let options expire or take profits early? Full YouTube Episode: https://youtu.be/j-iB_hPjbcE Recommended Links & Videos: To get the show notes you can register at: http://rock...

Mar 25, 202123 minEp. 153

Ep 152: How To Manage Losing Trades - How I'm dealing with my $25,991 "losing trade"

Right now, I'm having a $25,991 losing trade in my account. I know this is going to sound like a broken record, but managing losing trades is one of the hardest things about trading stocks and options. It's especially difficult when you're on a run and had a bunch of winning trades, only to see it erased in a matter of days in a trade that goes against you. This episode, is about how to manage losing trades. Full Episode: https://youtu.be/bHKIdYCnUjM Recommended Links & Videos: To get the sh...

Mar 23, 202130 minEp. 152

Ep 151: Options Trading For A Living - A Detailed Guide How I made $52,138 in 8 Weeks

Do you want to learn how I made $52,138 in 8 weeks trading options? Full Video: https://youtu.be/4-u1bP5H-Rs Recommended Links & Videos: Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb How To Identify Strong Support & Resistance: https://youtu.be/ZkEOuWW5GVc...

Mar 18, 202129 minEp. 151

Ep 150: The Wheel Options Trading Strategy - A Complete Squad Of Trading Tactics

The Wheel Options Trading Strategy is a powerful trading strategy, & it can be fairly low risk if you know what you’re doing. I'll show you how it works & what you need to know before you start trading it. In this episode, I’ll give you a complete squad of trading tactics based on questions I received. Full YouTube Video: https://youtu.be/Q4VkeF0qGxI Trading with Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&feature=emb_logo Show Notes are posted in our free member's area under...

Mar 16, 202145 minEp. 150

Ep 149: Wheel Strategy Tips - How to "Fly Rescue Missions"

You might have heard me talking about "rescue missions" when a Wheel Strategy Trade is in trouble. In this episode, I will show you exactly what that means and also talk about more wheel strategy tips, e.g. trading the wheel option strategy, trading the wheel in a down market, and several the wheel option strategy example. Full Episode on YouTube: https://youtu.be/o70hJ53LzDQ Recommended Links & Videos: How To Find The Best Stocks For The Wheel (Last Video): https://youtu.be/nHkZNLR2P2Y The ...

Mar 11, 202134 minEp. 149

Ep 148: Best Stocks For Wheel Strategy 2021

The Wheel Options Trading Strategy is a powerful way to generate income with options. The most critical part of this strategy is finding the best stocks. If you are trading the right stocks, THIS is one of the best trading strategies that I know. But if you are selecting the wrong stocks, it could be a disaster. Full Episode on YouTube: https://youtu.be/t-zSW3y0uSc Recommended Links & Videos. Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb Wheel Book ...

Mar 09, 202139 minEp. 148

Ep 147: The 3 Reasons Why Traders Lose Money

If you follow some simple rules and avoid these 3 mistakes, you can be in that minority of traders that actually makes money consistently in the markets. And if you are currently making one or all of the mistakes, I’ll also show you exactly how to fix it. So let’s dive in! Full Video: https://youtu.be/TsOhzb_ZaW8 Best Trend Indicator For Stocks - Revealed: https://youtu.be/r6R6RwT9Yms Stock Market Profit Taking Strategy: https://youtu.be/sEvAx-A2vlo www.rockwelltrading.com/social...

Mar 04, 202111 minEp. 147

Ep 146: 3 Reasons Why You’d Lose Money With The Wheel Strategy

This morning I woke up and my account was down $25,000 ($18K at the time of this video). This is on a margin account with $500K in buying power. So in this episode, you'll learn what 3 common reasons why you can lose money with the wheel. Full Episode on YouTube: https://youtu.be/0KfJNZFqfE8 Recommended Links & Videos: Trading with Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&feature=emb_logo Options Trading 101: https://bit.ly/2V7Nf9T The Options Wheel Strategy: https://youtube.c...

Mar 02, 202122 minEp. 146

Ep 145: How I've Improved Productivity in My Trading Day

The Original YouTube Video: https://youtu.be/eh6ZxuFp7-g Recommended Links & Videos: The Options Wheel Strategy: https://youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq The PowerX Strategy Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB Best TradingView Setup: https://tinyurl.com/yd6z49gr Markus’ Trading Routine/Schedule a Tour: http://www.mytradingroutine.com Generating SRC Profits: https://www.youtube.com/watch?v=nFTCcVZD7xg Markus' Plan: https:/...

Feb 25, 202120 minEp. 145

Ep 144: What’s The Best Vertical Spread Option Strategy?

What's The Best Vertical Spread Option Strategy Full YouTube Video: https://youtu.be/CcU40-TjdZM Options 101 FREE Course: https://www.rockwelltrading.com/free/options-101-course/ Call Debit Spreads Explained: https://youtu.be/x1QSY51JrbE Put Credit Spreads Explained: https://youtu.be/tKKK4d9Ese8 www.rockwelltrading.com/social

Feb 23, 202121 minEp. 144

Ep 143: Stock Trading vs Options Trading

In this episode, I'm going to compare the two in a scenario with an account of $20,000. We'll go through different variables that might make you want to choose one over another. Full Video: https://youtu.be/3S29mgYo-qs www.rockwelltrading.com/social

Feb 18, 202112 minEp. 143

Ep 142: Trading With Margin - How I Do It

When used correctly, margin can be your best friend & when used incorrectly, it can be a disaster. In this episode, you'll learn what is margin, how to open a margin account, and what is a buying power. Full YouTube Video: https://youtu.be/UHy84SOGl4Y Recommended links and videos: Markus’ Plan: https://rockwelltrading.com/myplan Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb tastyworks: http://rockwelltrading.com/tastyworks Best Brokerage Account 202...

Feb 16, 202111 minEp. 142

Ep 141: How To Play The Market To The Downside

Full episode: https://youtu.be/WjXZqrG7QiA How can you make money in a market that is going down? In this episode, you'll learn 2 strategies how to do this. www.rockwelltrading.com/social

Feb 09, 20219 minEp. 141

Ep 140: Paper Hands vs Diamond Hands - A Boomers Guide To WSB Lingo

Full Video: https://youtu.be/JSiJJLdpOvY It’s been such a crazy week. There has just been insane volume and insane volatility on GME, AMC, BB, SLV, … and most of it has been at the hands of the WallStreetBets crowd. And it’s really easy to get overwhelmed with what exactly these folks are saying on the WSB forum -- tendies, YOLO, boomer! So, today, I want to help you cut through the noise and define some of the terms you might be seeing on WSB. Recommended Videos: Assigned in 4 Positions - Here'...

Feb 04, 202110 minEp. 140

Ep 139: Is WallStreetBets Winning the War Against GME Shorts?

Full Video: https://youtu.be/sd51dIbeB8k In this episode, I want to do a follow-up video on GameStop (GME), because this stock is just going absolutely bonkers. Should I Buy GME Stock Right Now?: https://youtu.be/bvPJYsaX3sQ www.rockwelltrading.com/social

Jan 28, 20217 minEp. 139

Ep 138: Pattern Day Trader Rule Explained

Full episode: https://youtu.be/bZaHtJc6TJ4 In this episode, you'll learn what the pattern day trader rule is, how you can trigger it, even if it's accidentally, what happens when you trigger it, and how you can avoid it. www.rockwelltrading.com/social

Jan 26, 20216 minEp. 138
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