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SPX weekly PCS Alerts

SPX weekly PCS Alerts

 
Trading SPX spreads is not easy. I traded Iron Condors in the past and it was a great money-making strategy. Until it was not. One bad trade and all your profits are gone. And sometimes more than just the profits.

I stopped trading SPX spreads as I didn’t know how to protect them. But I still liked the strategy so when I stopped, I started learnings and researching how to hedge those strategies so I am out of the market when there is trouble and everyone panics. The question was: how to hedge my trades (and the entire portfolio) to protect it from the black swans and how to protect my SPX spreads from selling and getting wiped out.

After a year of testing, paper trading, backtesting, reading books, and studying other successful traders and how they trade SPX spreads, I developed a strategy that is working. Of course, it is not a 100% sure bet. There will be trades that will not work, and that is normal, but overall, the strategy will deliver more winners than losers.

Now, I am making my strategy available to everyone to subscribe to SPX weekly PCS alerts.
 

What you will get as a member:
 

  • You will get alerts every time we open an SPX trade using my proprietary market screening.
  • You are going to get up to 12 trades per month.

  • You’re going to get ongoing trade updates for exits and trade management (you’ll never trade alone).

  • You will get daily market commentary.

  • You can be asking questions via email, phone, or text and you get answers about the trades.
     

What we will be trading:
 

I used to trade Iron Condors but learned that in this market, defending the call side is difficult, almost impossible. Many times the markets were relentlessly pushing higher and higher until I was not able to defend a call spread. I still have two trades from the past where even though I rolled those trades to levels I thought calls will never reach, they are now deep in the money. I am still working on these trades trying to adjust them to get out without losing the war.
 

1) Based on this experience, we will trade bull put spreads only (put credit spreads or PCS).

2) Every Monday, we will open a 7 DTE (days to expiration), 40-delta, 5 points wide bull put spread if the market is in bullish conditions. If it is not, we skip the trade.

3) Every Tuesday, we will open a 30 DTE, 45-delta, 10 points wide bull put spread if the market is in bullish conditions. If it is not, we skip the trade.

4) Every Wednesday, we will open a 7 DTE, 45-delta, 10 points wide bull put spread if the market is in bullish conditions. If it is not, we skip the trade.

5) Every Friday, we will open a 60 DTE, 14-delta, 10 points wide, 45-delta, bull put spread if the market is in bullish conditions. If it is not, we skip the trade.

6) Once a month, we will add an SPX hedge trade to protect our trades above as well as the entire portfolio.
 

We offer our PCS alerts for $15 a month.
 

If you are already subscribed to our Newsletter or our $100 to $75k Challenge account program, you can get access to this SPX PCS alerts subscription without any additional charge. All you need to do is to send us an email, that you want to be added to the list. New subscribers to the Newsletter or the Challenge program that are in a trial period will have to wait until their trial period ends or subscribe to the PCS Alerts directly. Their accounts will be combined after the trial period ends.

 

SUBSCRIBE HERE

 





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