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Posted by Martin May 07, 2022

2022 SPX put credit spreads trading review – week 18

For 18 weeks ur SPX PCS strategy performed well while the market was selling off. It was not an easy journey this year. When I started this strategy at the end of 2021 I hoped for a better start and large profits. The market had a different opinion. Despite heavy selling, we finished up by Continue reading →

Posted by Martin April 30, 2022

April 2022 $100 Challenge account review

In April we didn’t trade much as we are building equity in the account after we had to close our positions at a loss. It is a part of the game that we will time to time take a loss. But we have time on our side and we will take leveraged positions to grow Continue reading →

Posted by Martin April 30, 2022

2022 SPX put credit spreads trading review – week 17

Our SPX PCS strategy finished up by 1.71% while SPX lost -3.27%. Last week was a horrible week. As pundits and media say, it was the worst week since 2008. There seems to be no end to selling pressure. Our account performed well but I do not feel happy about it because it was very Continue reading →

Posted by Martin April 23, 2022

2022 SPX put credit spreads trading review – week 16

Our SPX PCS strategy finished up by 24.27% while SPX lost -2.75%. Last week was a horrible week. The market lost over 5% in two days based on fear of the FED raising rates “too aggressively”. But our account was up significantly. But there is nothing much to celebrate. All I was doing was adjusting Continue reading →

Posted by Martin April 16, 2022

2022 SPX put credit spreads trading review – week 15

Last week,the SPX PCS strategy finished down by -0.50% while SPX lost -2.13%. It was because we didn’t trade much. Our strategy is directional and we trade to the upside. When the market is bad, we stay away. From time to time, we take a bearish position (credit call spread) but in this market, it Continue reading →

Posted by Martin April 09, 2022

2022 SPX put credit spreads trading review – week 14

Last week,the SPX PCS strategy finished up by +5.87% while SPX lost -1.27%. Our overall SPX account is up +123.11% since the beginning of this program. However, we still have -$3,035 in unrealized losses. At some point we will have to work hard to offset those losses. We are also slightly adjusting our trading strategy Continue reading →

Posted by Martin April 02, 2022

March 2022 $100 Challenge account review

In March we didn’t trade much as we are building equity in the account after we had to close our positions at a loss. It is a part of the game that we will time to time take a loss. But we have time on our side and we will take leveraged positions to grow Continue reading →

Posted by Martin April 02, 2022

2022 SPX put credit spreads trading review – week 13

Last week,the SPX PCS strategy finished up by +8.05% while SPX was up +0.06%. Our overall SPX account is up +110.75% since the beginning of this program. However, we still have -$2,425.00 in unrealized losses. At some point we will have to work hard to offset those losses.   Initial trade set ups   For Continue reading →

Posted by Martin March 26, 2022

2022 SPX put credit spreads trading review – week 12

My last week’s SPX trading was slow. I was traveling and mostly managing the trades only. I opened only a few new trades but watched old trades expire or closed for target profit. Last week,the SPX PCS strategy finished up by +2.41% while SPX was up +1.79%. Our overall SPX account is up +95.05% since Continue reading →

Posted by Martin March 19, 2022

2022 SPX put credit spreads trading review – week 11

The stock market staged a three days rally when SPX reached 200-day MA at $4,468 level. Is this a reversal or just a violent relief bounce rally before we reverse down again? I think, what we are seeing is a reversal. The FED finally raised the interest rates (and if you are subscribed to my Continue reading →