Sub Conscious Trading Methodology

No matter what you are trying to achieve in life, having a positive mindset is the key to success. The ability to weather the ups and downs and remain positive transcends good to great! Forget about the get rich quick mindset and start thinking about protecting what you have and growing it methodically. This is a journey, not a destination!

#1 Rule is to protect capital! It's all we have to continue on this journey. Our goal is to try and remove our personal capital from a trade as early as possible. With options we never have more than 5% of our account in any single swing trade. We can wake up & anything can turn to zero. By using a max loss of 50% stop on longer term swings you can't lose more than 2.5% on a trade. We sometimes trade smaller using a max of 1% of account value on a #lotto. Under no circumstance should a 50% gain ever turn into a loser! Those hurt us financially & emotionally. Keep this in mind... if an account is down 50%, it must make 100% just to get back to even. Trim, trail, and consistently move stops up to protect profits! 

Trade your plan. Our goal is to focus on the trades we have in place and manage those trades first. It's best to keep no more than 5 swing trades open at a time. Trading is a journey of patience and execution.  Don't chase candles, or place trades to play catch up. This is a sure way to get chopped up. You also don't have to jump at every trade idea. We recommend not trying to do so much that you lose focus. Most times taking a step away does better for you than placing another trade. Many times we make more by doing less. Let winners work!

Targets are "price areas" where we consider taking some profits. Set alerts at target areas & look to trim into these. We use targets to help manage our trades. Remember, every account is different. Some may have the ability to allow a trade to ride into bigger targets before locking gains because of account size or previous profits. A simple rule we use is to move stop loss to break even once we scale profits out of a position. This ensures a winner doesn't turn into a loser. The key is to focus on the account as a whole. If you hit a #lotto for 10x you may give a losing trade a bigger leash & time to turn around so as long as it can't damage account. Others may have to cut the loser to preserve capital. Focus on your account, but don't stare at P&L. Micro managing our P&L daily will take us away from our initial plan. Trade your plan through!

We have turned large profits quickly by analyzing, interpreting and trading breaking news. We monitor events and gauge their ability to drive price higher or lower. We must be able to act quickly with these trades as they are extremely volatile. Get in & get your principal out fast!

Lotto trades use less capital and are considered lower probability trades that need a timely large move to be profitable. Not all our #lotto trades have a weekly expiration. Some may be a few weeks or even months out, but we keep it small and are willing to let it go to $0 for the potential of large percentage gains! Once our capital is out and trimmed some profits we can really see fireworks into expiration. Remember we don't use more than 1% of account and try to only use profits when placing #lotto trades!