Cmags

Wheelin' & Dealin' CSP's & CC's. Open journal to follow along.

[Cmags @Cmags_Trades]

As a trader, it is incumbent upon me to protect my beginning balance each day. That means if I spent money the prior day, that new balance becomes my beginning balance. I do not trade back lost money. I focus on the next best trade and I let my process guide me.

[Cmags @Cmags_Trades]

A couple game changers in intraday trading for myself:

1) Trade only 1 market
2) Trade the same 1 setup
3) Repeat steps 1 & 2

And if your setup isn't present for a day or for a week, don't click the mouse.

Quality > Quantity

[Cmags @Cmags_Trades]

@AdamMancini4 Hats off to you, Adam - this has been my best trading day since following your process. It has also been the least stressful. Conviction & confidence growing each day. Thanks for all you do!

[Cmags @Cmags_Trades]

@AdamMancini4 I have tried, and traded, over 5 different futures strategies and after trading your strategy for just over 6 months, I am convinced it is the least stressful, most consistent and repeatable process. I love the fact that it is 1-3 trades max/day. Thanks Adam.

[Cmags @Cmags_Trades]

@ES_Money_Print @AdamMancini4 I grew up with Dylan and live down the street from him, he's one of my best friends. I don't understand why you are bashing someone for having positive results. Does Adam know you release a newsletter every night to your members that includes his proprietary levels?

[Jeremy @jeremyct]

My neighbor drives a 13 year old Honda.

Lives in a $375K house.

Cuts his own grass.
Brings lunch from home.

Nobody would guess he’s wealthy.

I recently found out he has $1.8M invested.

His coworker drives a $95K truck.

Lives in a $720K house and barely has anything invested.

One looks rich.
The other actually is.

Looking rich and being rich are two completely different games.

[Chicago Bears @ChicagoBears]

Player. Coach. Legend.

Mike Ditka embodied the spirit of Chicago and will be deeply missed.

[Cmags @Cmags_Trades]

@ScottRobo308 Proud father moment. Awesome.

[Lauren Urbanczyk - Texas Hedge Risk Management @laurenpayne2012]

New All Time Highs in the S&P and Nasdaq. Own assets or be left behind.

[Chicago Cubs @Cubs]

History, meet Pete Crow-Armstrong.

[Cmags @Cmags_Trades]

@dylanreetz7 @caseysgenstore Same thing happens here in FL. I feel like price elasticity in oil is complete BS.

[Cmags @Cmags_Trades]

Update on the portfolio:

- $TE CC's will expire worthless. Cost basis sits at $4.43, but will continue to decline as I sell another set of CC's against it

- $HTZ closed the position out for a net loss of -$42

- $SPCH ($SPCX) : $9 CSP looking great.

Have $440 in cash.

[Cmags @Cmags_Trades]

@DividendRay $4.19 Tampa Bay

[Cmags @Cmags_Trades]

@dylanreetz7 @FBD_Lab Killin' it brother! Proud of you!

[Cmags @Cmags_Trades]

@FBD_Lab Nice trade today! 1 and done!

[jimbo @mach1negreen]

@CmagsThetaGang Freedom! What’s yours Nicky?

[Cmags @Cmags_Trades]

@mach1negreen Hell yeah, same here!!

[Cmags @Cmags_Trades]

What is your definition of success?

[Cmags @Cmags_Trades]

Open positions going into the week with current returns.

$SPCH ($SPCX) CSP , $TE 2x CC

[Cmags @Cmags_Trades]

@JManCapital Walmart, Aldi, Costco, Trader Joes

[Cmags @Cmags_Trades]

@dylanreetz7 Thanks brother!

[Cmags @Cmags_Trades]

Just crossed one month of selling options. Generated $461 in premiums on $1900 starting capital or ~24.26% return. SPY 1-month is 2.71%. Looking forward to building this cash-flow machine by continuing to sell CSP's.