Discover everything you need to know about finding the best stock for option selling. In this podcast, you'll find the Beginner's Guide to Picking The Best Stock for Selling Options, especially selling Put Options.
The Wheel Strategy is a powerful trading strategy BUT there are also some risks: What do you do when the market crashes and you get assigned in all your positions? In this podcast, you will get the answer and many more wheel strategy tips. Recommended Links & Videos: Rockwell Merchandise: https://store.rockwelltrading.com/ How To Fly Rescue Missions: https://youtu.be/o70hJ53LzDQ Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq...
A lot can change in a few years! The stock market will have its ups and downs, the world economy may be booming or crashing, but one thing that won't change is you need a great trading computer to keep up with all these changes! And here's the best trading computer to get in 2021.
What's better: invest or trade? A few weeks ago, Jason contacted me: He had a job and can save $400 - $500 per week. Should he use the money to invest or trade? In this podcast, we will give you our take on this.
TradingView Tutorial: How To Make A Cool "CNBC Like" Layout Are you using TradingView? If so, have you ever wondered how to customize the layout to make it look more "cool"? In this podcast, I will share with you how to customize your layout to look like a "CNBC Chart" in less than 10 minutes. Check out this practical hands-on TradingView Tutorial.
As you might know, right now I'm stuck in a bad trade: RIDE How can you avoid getting into trades like this when trading the Wheel Options Strategy? What happens in a downturn? Will I lose all my money? How do you find trades with a high premium? In today's podcast, I'll answer these questions and give you much more Wheel Strategy Tips
When trading "The Wheel Options Strategy," you only want to trade options on stocks that you want to OWN. But how to research stocks for options trading? Which sites do you use to check for news on the underlying stock you want to choose? Yahoo Finance? Seeking Alpha? Marketwatch? Benzinga? ...? How can you KNOW whether you should trade the stock or not?
What's the difference between a good trader vs a bad trader? In this podcast, we will talk about the character traits of a good trader vs a bad trader. And you will learn about the "Turtle Trader", a famous group of 23 people who made $426 Million trading a simple trading strategy. How did they do it? Watch this video and find out. Recommended Links & Videos: Wheel Strategy Playlist: https://youtube.com/playlist?list=PLB... PowerX Strategy Playlist: https://www.youtube.com/playlist?list... H...
I received a message from a 20-year old college kid: "I need some trading advice: So my parents just found out about my trading account and said to stop playing with money! But I don't wanna listen to them as I believe this could be the beginning of something really big! They said you have to be really smart to be successful and I should focus on college. I'm currently 20 years old." Soooo..... should he pursue his dreams of trading? Or should he listen to his parents and quit trading? What trad...
How to Place a Stock Buy Order in 5 Easy Steps - Trading Tutorial Are you thinking about buying stocks? You should! The stock market is making new all-time highs, and there are tremendous opportunities in the market. Time to buy some stocks! But there are a lot of things to consider. - What stock should you buy? - How do you place an order? - What is the difference between market orders, stop orders and limit orders? - Do you use day orders or GTC orders? If you are new to trading, it can be har...
Short selling lets investors bet against a stock, profiting when it falls in price. But how exactly does short-selling work? This podcast covers: - what short selling is, - how short selling works, - the hidden costs, - the risks of short selling, - and what a "short squeeze" is
The Biggest Trading Mistake I Ever Made: No Stock Trading Discipline And Patience If you want to succeed in trading, you need 3 things: 1.) A Proven Trading Strategy 2.) Powerful Tools 3) The Right Mindset If you miss ANY of these 3 elements, chances that you will make money with trading are extremely low. And when it comes to the right trading mindset, you need to have discipline and patience. In this video, you will learn 3 things to improve your stock trading discipline and patience....
Stock Market Investing Strategies For Beginners Do you want to learn how to invest in the stock market? In this podcast, you’ll learn about 3 different stock market investing strategies that can help you make more informed decisions when it comes time to buy or sell stocks. There are many ways to invest in the stock market but not all of them are good for beginners. In this video, I'll show you investing strategies that are easy enough for anyone - even if you have no experience at all!...
The Covered Call Strategy is one of the first strategies that new traders start trading. Traders might use a Covered Calls on stocks that they have in their portfolio for longer periods of time. For the specific example that we’re going to cover today, we’ll take a look at JP Morgan (JPM). If you were holding JPM stock in your portfolio before the pandemic, chances are that you are underwater. For the purpose of full transparency, I do not own or hold any JPM stocks. I typically only hold stocks...
Paper Trading Simulator - Does it make sense to use it? Of course, there is a difference between trading stocks live and with real money or using a paper trading simulator. In this podcast, you will learn.... ... the differences between paper trading and live trading ... the best paper trading simulator ... and where to get it: Think or Swim Paper Money Simulator: https://platform.thinkorswim.com/platform/index.html#!/pmregister...
We've talked about How To Trade A Vertical Spread, Call Debit Spreads, Put Debit Spreads and Put Credit Spreads. What I like about Debit Spreads is the reduced cost and they reduce the "break even." For this example, I'm using tastyworks. I use the PowerX Optimizer to find the best stocks to trade. When trading there are 3 things you need to know: 1) What to trade 2) When to enter 3) When to exit TGTX: - Enter at 20.43 - Expecting stock to go as high as 25.37 (profit target) - Stop-loss set at 1...
Today, we will talk about what Meme Stocks are since everyone is talking about them. We will also talk about “How to find the next Meme stock that explodes like AMC or GME.” Recommended Links & Videos: PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb A Boomer's Guide To WSB Lingo: https://www.youtube.com/watch?v=JSiJJLdpOvY&t=0s Wheel book: https://ww...
In today's podcast, I will answer the most frequently asked questions about the PowerX and the Wheel Strategy: - What are the best settings for PowerX? And why do you recommend LONG trades only? - How do you pick the best stocks for the PowerX Strategy and The Wheel Strategy? - What happens if the market crashes? - What account size do you recommend for the PowerX and The Wheel strategy? - When is the best time to trade? Do I have to watch the scanner all day? Recommended Links & Videos: Whe...
In today's podcast, we will talk about “Rolling A Covered Call Option” Rolling a covered call is a strategy where you buy back the call that you sold and sell another call option - usually with a different expiration date - at the same time. Today, will discuss the Why, When, and How: 1.) Why would you roll a covered call? 2.) When Should You Roll a Covered Call? 3.)How To Roll A Covered Call? -Rolling up and out -Rolling down and out 4.) Can you roll a covered call forever? Recommended Links &a...
Today, we will talk about “Death Cross and Golden Cross” since it's a super hot topic right now. Bitcoin just made a Death Cross. So what is it? And how can you use it in your trading? Recommended Videos & Links: PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB PowerX Strategy Book: https://bit.ly/2wMQ7zW Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb Software Special: https://www.rockwelltrading.com/...
Let’s talk about my current trades. On Friday, I got assigned in 4 stocks, so I will tell you what exactly I did this morning. Recommended Links & Videos: PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb A Boomer's Guide To WSB Lingo: https://www.youtube.com/watch?v=JSiJJLdpOvY&t=0s Wheel book: https://www.youtube.com/redirect?event=video_description&...
Currently, I’m assigned with 2 stocks: RIDE and LVS. And I might get assigned on 2 other options positions where I sold puts: AA at $35 per share (it's down more than 6% today!) and CWH at $37.50 per share (it's down more than 4% today!) According to my plan for the wheel strategy, I should have no more than 5 open positions. So what do I do now? What if I'm getting assigned the 2 stocks tomorrow? Does this mean I can only trade 1 new option next week? In this video, I'll show you exactly what I...
TradingView is an online charting platform that allows traders to share their ideas and insights with other traders worldwide. It's also a powerful tool for technical analysis, backtesting strategies and automated trading systems development. You can use it on your desktop or mobile device - wherever you are! But it's easy to get overwhelmed. In this TradingView Tutorial For Beginners, I'll show you the best tips and tricks so that YOU can become a TradingView expert in 30 minutes or less. Recom...
On June 15th, Hindenburg struck again, this time targeting popular sports gambling and fantasy sports company DraftKings (DKNG). Some well-known investors in DraftKings include Walt Disney (DIS), WWE (WWE) owner Vince McMahon, and owner of the New England Patriots, Robert Kraft. DraftKings also has lucrative partnerships with the NFL, MLB, NHL, NASCAR, UFC, and the Dish Network. A lot of potential brands could be hurt by these allegations if proven true. Wood is well known to target companies sh...
Ride Lordstown Stock - What a CRAZY Ride! I entered the stock when I was stuck in Florida during the ice storm in Texas - and it's probably my worst trade ever! And oh boy... this stock is taking me for a "RIDE": In this position, I went from a $90,000 loss to making a profit - ALMOST! I was ready to take profits when the stock tanked - AGAIN. In this podcast, I'll share with you what exactly I'm doing right now. Recommended Videos & Links: How To Fly Rescue Missions: https://www.youtube.com...
There's no doubt: When the Tesla CEO Elon Musk tweets about Bitcoin, he is moving the largest cryptocurrency in the world. In fact, in May 2021, Bitcoin's market cap exceeded 1 Trillion Dollars!
AMC Stock up 3,000% - Hedge Funds suffer $5 Billion Loss To get the transcript and MP3, go to: https://www.rockwelltrading.com/coffee-with-markus/amc-stock-up-3000-wallstreetbets-victorious/ IMPORTANT: I was informed that I was wrong: The Reddit Forum /r/amcstock is responsible for the Short Squeeze and NOT WallStreetBets. I apologize for the mistake. What Is Going On With AMC?: Who Is Buying AMC?: What Is The Highest AMC Has Been?: How High Can AMC Go?: Is AMC Losing Money?: Should You Buy AMC ...
Bitcoin Crash 2021 Last week, the cryptocurrency markets crashed by 50%. What's next? Why is Bitcoin crashing? And is Bitcoin still a good investment? That's what we're going to talk about in today's video. Recommended Links & Videos: How To Find The Best Stocks For The Wheel Strategy: https://www.youtube.com/watch?v=nHkZNLR2P2Y Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ PowerX Strategy Book: https://bit.ly/2wMQ7zW Tradier: https://rockwelltrading.com/broker...
Picking the right option strike price is extremely important. As you will learn in this podcast, it will affect your returns and it could even make or break you in the market. In this podcast, you will learn... - what a strike price is, - the different intervals for strike prices, - how to pick the right strike price, ... and much more. Recommended Links & Videos: Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ PowerX Strategy Book: https://bit.ly/2wMQ7zW When To...
You might have heard the saying "Sell in May and go away." It is an old investing adage that has been around for decades, but does it actually work? In this blog post, we are going to find out what's best to do. We will discuss: What is the meaning behind "Sell in May and go away?" Does sell in may and go away work? Should you sell in may and go away? Two reasons not to sell in May and what to do instead. Recommended Links & Video: How I Find The Best Trades (3 Steps): https://www.youtube.co...
