Hello Traders,
Hope you read my last Sunday post. Below is the snippet from that
Change to the support level on $VIX was pointing to a higher move in the market. It was not in hindsight. It was posted on Sunday, March 17th. Here is the link.
FOMC event was on Wednesday, March 20th.
And we all witnessed what market did post FOMC. I posted a tweet as well.
https://twitter.com/VikOpine/status/1770548847544017392
Just another example of correct market analysis to help being prepared for the upcoming move. I work very hard to ensure my posts provide correct and consistent analysis.
FinTwit “experts” were screaming for a market crash. Here is one example from someone who has 163,000 followers on X
Whom would you like to follow and put your bets on, is your choice. My posts have proven themselves to be A LOT BETTER CHOICE.
My rules are simple and highlighting them again for the new folks.
Step 1: I generate risk money from the principal money.
Step 2: I ensure risk management is in place when I bring the risk money to the table.
How do I do that?
I have documented the simple steps in my Money Matter$ page. This PDF document has 26 simple ways to save/make/hedge money. Download it from here.
How does it help me?
Having a right mindset is the key for trading. It forces me to follow a process of rock solid risk management by removing principal money from the risk. Principal money remains out of the trading equation. I cannot lose it because I don’t use it for trading.
That’s how I achieve $0 loss probability situation.
For example, assuming I have $100,000 in money market account, which generates $5,000 interest annually at 5% APY.
Now I have a capital of $5,000 every year as risk money. I can multiply it by applying my low risk trading methods.
Remember, if you cannot make money from $5,000 then you won’t be able to make money from $50,000 or $500,000 as well.
Still reading it as a free subscriber? You are encouraged to be a paid subscriber. Prices are already very low. It won’t hurt anyone. Yearly subscription price is less than monthly prices being charged by others. Paid subscriptions are offered complimentary as well. Just read that Money Matter$ PDF document which you have downloaded.
Subscriptions, like any other, get auto renewed until canceled by subscriber. One week free trial on monthly subscription is activated.
I have noticed few people join for a short period of time and then leave. It won’t help you much. Trading isn’t a short sprint. It’s a long marathon.
How long does it take to become a Physician, Lawyer, Engineer, Businessman or any other career professional? Five to Ten years and even more.
Trading is NOT a get rich quick scheme. One has to be committed and determined. It’s the most challenging job in the world and also a rewarding one.
Value is realized over a period of time. If you are new, commit yourself for at least five years to trading before taking your decision to continue or quit.
Appreciate everyone’s support and time. Interact with me on social media. My DMs are open on Substack, X, StockTwits, BlueSky and Threads for any question, you may have.
Follow me there to help grow this community.
Now, let’s dive into analysis of SPY 0.08%↑ $SPX #ES_F TSLA 0.00%↑ AAPL -0.06%↓ COIN 0.00%↑
Keep reading with a 7-day free trial
Subscribe to Vik’s Opinion to keep reading this post and get 7 days of free access to the full post archives.