The Truth About Trading: Recent Episodes
Markus Heitkoetter
This podcast is for everybody interested stock trading, option trading, investing in real estate, making money and motivation. Your host is Markus Heitkoetter, a self-made multi-millionaire, bestselling author, and the Leading Trading and Investment Expert. Markus Heitkoetter is also the CEO and Founder of Rockwell Trading.
What are the margin requirements when selling put options? In this podcast, I'll break it all down for you.
By the end of the podcast, you should know EXACTLY what is required to sell put options and how options selling on margin works.
Today we'll cover:
What are Margin Requirements
How do these requirements work
How much margin is usually required
Example for those with Tradier
Why the broker requires so little capital
The one-stop-shop software that helps YOU
In this podcast, I'm going to explain the advantages and disadvantages of selling calls to collect additional premium BEFORE the expiration of your sold put.
In this podcast I'm going to show exactly how I find the best strike price to sell covered calls on!
Today's podcast will cover:
Intro
So you acquired shares
How to compare strike prices
Why a higher strike price may help
How to calculate the % move of a stock
Why you shouldn't choose the highest strike price
The final decision
Learn more about our Trading software, the Power X Optimizer: https://bit.ly/PXOToday
My Trading Routine: https://go.rockwelltrading.com/my-trading-routine
StockMarket #OptionsTrading #TheWheelStrategyhttps://www.youtube.com/watch?v=UHy84SOGl4Y
Learn how to buy back options to maximize your profits in today's podcast!
Today's podcast will cover:
Intro
3 Steps To The Wheel Strategy
Real Life Example
Your 2 Choices
An Exception To This Rule...
Learn more about our Trading software, the Power X Optimizer: https://bit.ly/PXOToday
Learn when and HOW to roll a covered call to maximize your profits here: https://www.youtube.com/watch?v=Da3dXfOvmiQ
Recommended Links & Videos:
The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
Wheel Book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
Trading with Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y
My Trading Routine: https://go.rockwelltrading.com/my-trading-routine
The Wheel Strategy explained in 15 minutes: https://www.rockwelltrading.com/coffee-with-markus/wheel-options-strategy-explained-in-15-minutes/
Trading options during earnings announcements can be scary if you don't have a plan. Learn how to trade options during earnings season in this episode.
There's a huge difference between stop and limit orders, and if you use the wrong order, you might lose a lot of money. Every trader needs to know the difference between stop and limit orders, and in this podcast, I will explain the difference.
In this podcast, you'll learn how to set up the popular TradingView App with the indicators and bar coloring that you need in order to trade the PowerX Strategy by Rockwell Trading.
Get setup with TradingView here: https://tradingview.go2cloud.org/SH4FC
Schedule a Demo for The PowerX Optimizer Software: https://mytradingroutine.com/
Short Selling Put Options is a fun strategy IF you know what you are doing.
In this podcast, I'll show you my strategy for short selling put options and a live example.
he Poor Man's Covered Call
Questions we’ll answer:
What is it
Who is it for
When to use it
The Poor Man’s Covered Call is a very specific type of spread. As you know we’ve been covering option spreads for several Coffee With Markus Sessions.
We have an entire playlist discussing the pros and cons of each type of options spread.
In this video, we’re discussing the difference between trading stocks, covered calls, and the poor man’s covered call.
Trading Stocks
Let’s take a look at trading stocks first. Let’s say that you’re bullish on a stock like Boeing. You might purchase a decent amount of stock, let’s say 100. Right now this stocks strike price is $180. If you purchased 100 shares of Boeing, at $180 dollars each, this would require $18,000 in purchasing power. If the stock increases by 10 dollars, to $190, you stand to earn $1,000 in net profit. So you’ve risked $18,000 to earn $1,000.
Trading Covered Calls
In this example, let’s say that you’re still bullish on Boeing. And in the short term, you expect an upward movement in price. Since you already own the 100 shares of Boeing stock, you can sell a $200 Call Option against these shares. If the stock price increases to $190 like you expect, you’ll earn an additional $450 on top of the $1,000 you’ve already earned. If we see a decrease in stock price, the covered call acts as a hedge. In this example, if we saw a downward movement to $170 you would lose $1,000. But because you sold a 200 Call option contract and received a premium of $450, your net loss would only be $550.
Poor Man’s Covered Call
When would you trade a Poor Man’s Covered Call? When you don’t have the $18,000 to buy 100 Boeing shares! When do you trade a covered call? When you expect the stock to stay above the current price and move slightly higher. Instead of buying a stock, you would purchase a deep in the money call option at a later expiration. When looking for a call option deeper in the money, we’re trying to find one with a Delta of 0.95. This means for every dollar the stock moves, the call option is gaining .95 cents in value.
We’re buying a deep ITM call at $71 which means the capital required to take this position is only $7,100. As you can see this is a fraction of the price to purchase the stock outright. At the same time, we will sell the 200 Call option. Similar to the covered call. But instead of owning the stock at a price of $18,000, we purchased the ITM call option and sold a 200 call option.
if the underlying stock price moves from $180 to $190 you would make $1335 because the Delta is 0.95 which means it’s only increasing 95% of the value.
The profit on this type of position isn’t as high as a covered call, but it’s much more than owning the stock outright, with much less risk and less capital.
When trading the Wheel Options Strategy, do you ever worry about assignment risk?
In this podcast I will briefly explain the Wheel Strategy, and then give you 3 solutions if you're worried about assignment risk.
Recommended Links & Videos:
The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9...
Wheel Book: https://www.rockwelltrading.com/the-w...
Trading with Margin: https://www.youtube.com/watch?v=UHy84...
My Trading Routine: https://go.rockwelltrading.com/my-tra...
When trading the Wheel Options Strategy, do you know when to exit the trade? If not, this podcast may help!
Recommended Links & Videos:
The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9...
Wheel Book: https://www.rockwelltrading.com/the-w...
Trading with Margin: https://www.youtube.com/watch?v=UHy84...
My Trading Routine: https://go.rockwelltrading.com/my-tra...
Learn how to find the BEST stocks for The Wheel Strategy!
The 4 step process I use when picking the best stocks to wheel:
Step 1: Using the Right Scanners/Filters
Step 2: Check the Stock's Correlation
Step 3: Double-Check Google Finance
Step 4: Check the Support Level
Recommended Links & Videos:
The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9...
Wheel Book: https://www.rockwelltrading.com/the-w...
Trading with Margin: https://www.youtube.com/watch?v=UHy84...
My Trading Routine: https://go.rockwelltrading.com/my-tra...
Let's talk about the Wheel Strategy for Options.
It's a very popular and powerful options trading strategy.
Listen to this podcast and discover:
- What Is The Wheel Options Trading Strategy?
- How Do You Choose The Right Stock?
- How Do You Choose The Right Option?
- When Do You Take Profits?
- What To Do When The Stock Moves Lower?
Recommended Links & Videos:
The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
Wheel Book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
Trading with Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&t=0s
My Trading Routine: https://mytradingroutine.com/?el=youtubeorganic&utm_medium=yt_description&utm_source=youtube&utm_campaign=mytradingroutine&utm_content=target__youtube_viewers_message__watch_here_cta__text_link_bottom
Trading the Wheel Options Strategy is fun but there are a few things that you should avoid.
In this podcast, I'll tell you an important tip that can help you to stay out of trouble.
Here's everything you need to know when trading with margin:
- What is the difference between a cash account and a margin account?
- Should I trade on a margin?
- What are the advantages of margin trading?
- What are the danger of trading on margin?
- What is a margin call?
- How can I avoid margin calls?
- What do I need to do when I get a margin call?
If you are new to trading options then this podcast is perfect for you. I make understanding options as easy as possible without filling you with useless information.
We will tackle the question "what are options." and then I will teach you the 5 things you need to know. These things are:
- Strike Prices
- Expiration Dates
- Calls vs Puts
- Buying vs Selling Options
- Premium
I will also cover 4 basic options trading strategies.
This podcast will also benefit you if you already know a thing or two about options, but could benefit from a refresher course.
Recommended Videos:
First Time Here? - Watch THIS: https://youtu.be/Nsp3LiFKeuA
The Ultimate Guide To The PowerX Strategy: https://youtu.be/eV1XNP4SUUk
The Wheel Options Strategy - A Complete Guide: https://youtu.be/nBmPCet8fzM
In this podcast, I will tell you 3 ways to hedge against a massive market drop.
Recommended Links & Videos:
My Trading Routine: https://mytradingroutine.com/
Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
Delta is one of the most important concepts in options trading. But it can be difficult to understand at first, and that's where this podcast comes in!
I'm going to show you how delta works, what it means for your trades, and how to use it like a pro.
In this video:
- What Is Delta?
- Understanding Delta
- Delta and the "Probability ITM" feature
- Applying delta to decision making
- Example on how to use delta for PowerX Strategy and The Wheel Strategy
When you understand delta in option trading, you will definitely have an edge.
Recommended Links & Videos:
How To Fly Rescue Missions: https://youtu.be/OlTD9h_ZNd8
My Trading Routine: https://https://mytradingroutine.com/
Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
What's the best trading software for options trading?
In my opinion, it's the PowerX Optimizer, and YES: I am biased because I developed it - LOL
But here are some cool features that nobody else has:
- Finding the best options for trading, especially for "The Wheel Options Strategy"
- Finding the best strike price.
- Giving you all data to make the best decision
... and much more
In this podcast, I will give you a sneak peek of the latest features of PowerX Optimizer Version 2.7.0
Recommended Links and Videos:
The Ultimate Guide To The PowerX Strategy: https://www.youtube.com/watch?v=6C_ac36iXMw&t=2s
The Wheel Options Strategy - A Complete Guide: https://www.youtube.com/watch?v=JmXwyTYz1hE&t=0s
Want to know how to start trading for beginners?
The other day, a friend asked me:
How can I get started?
That's why I decided to make a podcast in which I tell you step by step:
- How to start trading for beginners
- What's the best trading strategy?
- What trading tools do you need?
- What's the best broker for trading?
- How much money can you make with trading?
- How to limit your risk
... and much more.
When I first heard about risk-free option trading strategies, I was skeptical.
So I looked at a "zero risk option strategy", and in this podcast, I'll tell you what I discovered.
Here is a step-by-step process to build your own trading plan.
A rock-solid trading plan is the cornerstone of every successful trading business.
And the best: It takes less than 30 min to create one.
In this podcast, you will learn how to build a trading plan that works.
How To Find Value Stocks vs. Growth Stocks - IMPORTANT For The Wheel
If you're trading "The Wheel" Options Trading Strategy, it's important to understand the difference between value stocks and growth stocks.
In this podcast, you'll learn what each one is and how to identify them. We'll also give you some tips on which ones are a better investment for trading the Wheel.
So, whether you're a beginner or experienced trader, tune in!
In this podcast, I share my personal "3 This is the process that has allowed me to grow my net worth from 30,000 to more multiple millions, and I'm convinced that this system can do the same for you!
We will talk about:
- How much money should you put into your trading account?
- How to grow your trading account FAST
- Should you put all your money into your trading account or should you have some other investments?
- How I manage my money
... and much more
In short: THIS podcast will give you a step-by-step approach how to create wealth in 2022,
PLUS: Many wealth creation tips.
Yesterday was a big day for the markets…
You could make the argument that it was the most important day of the year and probably of the next 4-6 months.
It’s kind of crazy to think that one man has so much power and control over the economy, don’t you think?
People are literally analyzing his micro-expressions when he talks to determine how the market will react…that’s pretty wild if you ask me!
So yesterday, Powell came out more “hawkish”, simply meaning they would be slowing down asset purchases and will be taking other actions to slow down inflation…
…the odd thing was, this type of news isn’t normally well received by traders.
Despite this, the markets ripped higher and it looked like the bulls had taken control once again.
But as I’m writing this email, the Nasdaq is down nearly 2%...
So with all of this volatility, how should we traders avoid getting chopped to pieces?
This is a question I’ve received a LOT over the last few weeks, so I’ve decided to host a special training where I’ll discuss how to thrive in volatile conditions.
This is a special edition where I’ll do a deep dive on my current daily trading routine.
I’ll discuss THE exact process I go through every trading day and I’ll share with you the few tweaks that helped me to generate $7,079 in two weeks while many were getting whipsawed to pieces.
Recommended Links & Videos:
PowerX Optimizer Special Promotion: https://rockwelltrading.com/2022
Wheel Strategy Playlist: https://youtube.com/playlist?list=PLB...
PowerX Strategy Playlist: https://www.youtube.com/playlist?list...
Best Broker 2021 Video: https://youtu.be/IisDA8LUXVc
In this podcast, I share 9 lessons that I learned trading stocks and how they apply to life in general.
One of the most important things you can do is have a plan – whether it’s for your day or for your retirement.
It's hard to be successful without being disciplined with your money and time. One simple way to make sure you're not wasting either is by doing an annual review. In those reviews, ask yourself: What went well? What didn't go as expected? And also, What will I do differently next time? You'll want those answers before making any big decisions going forward!
For the past 15 months, buying the dip has been one of the best investment strategies you can use.
But is it really as easy to buy the dip as they say?
In this podcast, you will learn:
-
What is the buy the dip strategy
-
How to use the buy the dip strategy
-
Pros and cons of using this investing strategy
-
A few examples of companies that are currently in a dip
-
Why they have been lying to you about this strategy
Welcome to my podcast! I am keen to talk to you about my experience with trading and share tips and tricks on how you can do it properly. In this episode, I'll be talking about 3 things that you must have if you want to make money with trading. And a quick discussion about The Wheel Strategy and PowerX Optimizer. Let's dive in!
We know hedge funds are the big guys on the block with all of their fancy, expensive trading strategies and insider knowledge.
But what about retail traders?
Do retail traders have a chance?
If the "big guys" are having trouble making 20% or 30% per year, can a retail trader really expect to make 50% - 60% per year?
Or is this all just a big fat lie?
Institutional traders vs retail traders - Who will win?
Is Tesla Stock (TSLA) a buy or a sell?
In this podcast, I'll share my Tesla Stock Prediction for the next few weeks and maybe months.
I will use the PowerX Optimizer so you know exactly when to buy and sell TSLA.
Recommended Links & Videos:
PowerX Strategy Playlist: https://www.youtube.com/watch?v=V7-qq...
PowerX Strategy Book: https://bit.ly/2wMQ7zW
Wheel Strategy Playlist: https://www.youtube.com/playlist?list...
Wheel Book: https://www.rockwelltrading.com/the-w...
Discover everything you need to know about finding the best stock for option selling.
In this podcast, you'll find the Beginner's Guide to Picking The Best Stock for Selling Options, especially selling Put Options.
The Wheel Strategy is a powerful trading strategy BUT there are also some risks:
What do you do when the market crashes and you get assigned in all your positions?
In this podcast, you will get the answer and many more wheel strategy tips.
Recommended Links & Videos:
Rockwell Merchandise: https://store.rockwelltrading.com/
How To Fly Rescue Missions: https://youtu.be/o70hJ53LzDQ
Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
A lot can change in a few years! The stock market will have its ups and downs, the world economy may be booming or crashing, but one thing that won't change is you need a great trading computer to keep up with all these changes! And here's the best trading computer to get in 2021.
What's better: invest or trade?
A few weeks ago, Jason contacted me: He had a job and can save $400 - $500 per week.
Should he use the money to invest or trade?
In this podcast, we will give you our take on this.
TradingView Tutorial: How To Make A Cool "CNBC Like" Layout
Are you using TradingView? If so, have you ever wondered how to customize the layout to make it look more "cool"?
In this podcast, I will share with you how to customize your layout to look like a "CNBC Chart" in less than 10 minutes.
Check out this practical hands-on TradingView Tutorial.
As you might know, right now I'm stuck in a bad trade: RIDE
How can you avoid getting into trades like this when trading the Wheel Options Strategy?
What happens in a downturn? Will I lose all my money?
How do you find trades with a high premium?
In today's podcast, I'll answer these questions and give you much more Wheel Strategy Tips
When trading "The Wheel Options Strategy," you only want to trade options on stocks that you want to OWN. But how to research stocks for options trading?
Which sites do you use to check for news on the underlying stock you want to choose?
Yahoo Finance? Seeking Alpha? Marketwatch? Benzinga? ...?
How can you KNOW whether you should trade the stock or not?
What's the difference between a good trader vs a bad trader?
In this podcast, we will talk about the character traits of a good trader vs a bad trader.
And you will learn about the "Turtle Trader", a famous group of 23 people who made $426 Million trading a simple trading strategy.
How did they do it?
Watch this video and find out.
Recommended Links & Videos:
Wheel Strategy Playlist: https://youtube.com/playlist?list=PLB... PowerX Strategy Playlist: https://www.youtube.com/playlist?list...
How To Fly Rescue Missions: https://youtu.be/o70hJ53LzDQ
I received a message from a 20-year old college kid:
"I need some trading advice:
So my parents just found out about my trading account and said to stop playing with money! But I don't wanna listen to them as I believe this could be the beginning of something really big!
They said you have to be really smart to be successful and I should focus on college. I'm currently 20 years old."
Soooo..... should he pursue his dreams of trading? Or should he listen to his parents and quit trading?
What trading advice would YOU give him?
Listen to this podcast and see MY reaction and what I'm telling him.
How to Place a Stock Buy Order in 5 Easy Steps - Trading Tutorial
Are you thinking about buying stocks?
You should! The stock market is making new all-time highs, and there are tremendous opportunities in the market. Time to buy some stocks!
But there are a lot of things to consider.
-
What stock should you buy?
-
How do you place an order?
-
What is the difference between market orders, stop orders and limit orders?
-
Do you use day orders or GTC orders?
If you are new to trading, it can be hard to remember all these details.
And that's why we created this podcast for beginners that explains everything you need to know about buying stocks online in 5 easy steps.
Short selling lets investors bet against a stock, profiting when it falls in price.
But how exactly does short-selling work?
This podcast covers:
-
what short selling is,
-
how short selling works,
-
the hidden costs,
-
the risks of short selling,
-
and what a "short squeeze" is
The Biggest Trading Mistake I Ever Made:
No Stock Trading Discipline And Patience
If you want to succeed in trading, you need 3 things:
1.) A Proven Trading Strategy
2.) Powerful Tools
3) The Right Mindset
If you miss ANY of these 3 elements, chances that you will make money with trading are extremely low.
And when it comes to the right trading mindset, you need to have discipline and patience.
In this video, you will learn 3 things to improve your stock trading discipline and patience.
Stock Market Investing Strategies For Beginners
Do you want to learn how to invest in the stock market?
In this podcast, you’ll learn about 3 different stock market investing strategies that can help you make more informed decisions when it comes time to buy or sell stocks.
There are many ways to invest in the stock market but not all of them are good for beginners. In this video, I'll show you investing strategies that are easy enough for anyone - even if you have no experience at all!
The Covered Call Strategy is one of the first strategies that new traders start trading. Traders might use a Covered Calls on stocks that they have in their portfolio for longer periods of time.
For the specific example that we’re going to cover today, we’ll take a look at JP Morgan (JPM). If you were holding JPM stock in your portfolio before the pandemic, chances are that you are underwater.
For the purpose of full transparency, I do not own or hold any JPM stocks. I typically only hold stocks between 5 and 25 days.
If you’d like to learn more about my specific trading strategy, check it out here: https://youtu.be/YbViBjP7zGk
And if you would like to learn more about options, then check out this playlist here on YouTube:
Options 101 Course: https://www.rockwelltrading.com/free/options-101-course/
Paper Trading Simulator - Does it make sense to use it?
Of course, there is a difference between trading stocks live and with real money or using a paper trading simulator.
In this video, you will learn....
... the differences between paper trading and live trading
... the best paper trading simulator
... and where to get it:
Think or Swim Paper Money Simulator:
https://platform.thinkorswim.com/platform/index.html#!/pmregister
We've talked about How To Trade A Vertical Spread, Call Debit Spreads, Put Debit Spreads and Put Credit Spreads.
What I like about Debit Spreads is the reduced cost and they reduce the "break even."
For this example, I'm using tastyworks.
I use the PowerX Optimizer to find the best stocks to trade.
When trading there are 3 things you need to know:
1) What to trade
2) When to enter
3) When to exit
TGTX:
-
Enter at 20.43
-
Expecting stock to go as high as 25.37 (profit target)
-
Stop-loss set at 18.61
The PowerX Optimizer told me:
-Trade the 20 call w/ an expiration of 8/21.
-
Spend no more than 2.10 when buying this option.
-
Max Risk = $210 (you can't lose more than you pay for the call)
-
Max Reward = Unlimited
-
Breakeven = $22.41
Here's what I did:
-
I sold the 25 call for 0.50
-
My cost is now 2.10 - 0.50 = $1.60 ($160)
-
Max Risk = $160
-
Limited if the Stock reaches $25 or above.
-
Breakeven = $21.60
-
Reward Cap = if stock reaches $25 or above.
So by trading a spread here, we reduced our cost and breakeven.
Recommended Videos and Links:
Call Debit Spreads Explained: https://youtu.be/9tkZOnG2bAs
Put Credit Spreads Explained: https://youtu.be/8OKG9U9LAog
The Best Vertical Spread Option Strategy 2020: https://youtu.be/CcU40-TjdZM
Options Trading 101: https://youtu.be/tXpBZGj-FiA
My Trading Plan: https://mytradingroutine.com/
Today, we will talk about what Meme Stocks are since everyone is talking about them. We will also talk about “How to find the next Meme stock that explodes like AMC or GME.”
Recommended Links & Videos:
PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
A Boomer's Guide To WSB Lingo: https://www.youtube.com/watch?v=JSiJJLdpOvY&t=0s
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
PowerX Strategy Book: https://bit.ly/2wMQ7zW
Here's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXs&t=0s
In today's podcast, I will answer the most frequently asked questions about the PowerX and the Wheel Strategy:
-
What are the best settings for PowerX? And why do you recommend LONG trades only?
-
How do you pick the best stocks for the PowerX Strategy and The Wheel Strategy?
-
What happens if the market crashes?
-
What account size do you recommend for the PowerX and The Wheel strategy?
-
When is the best time to trade? Do I have to watch the scanner all day?
Recommended Links & Videos:
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
PowerX Strategy Book: https://bit.ly/2wMQ7zW
Meme Stocks: https://www.youtube.com/watch?v=mQPl0QzzHJU&t=0s
Rockwell Merchandise: https://store.rockwelltrading.com/
My Trading Routine: http://www.mytradingroutine.com
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
Options Trading 101: https://bit.ly/2V7Nf9T
In today's podcast, we will talk about “Rolling A Covered Call Option”
Rolling a covered call is a strategy where you buy back the call that you sold and sell another call option - usually with a different expiration date - at the same time.
Today, will discuss the Why, When, and How:
1.) Why would you roll a covered call?
2.) When Should You Roll a Covered Call?
3.)How To Roll A Covered Call?
-Rolling up and out
-Rolling down and out
4.) Can you roll a covered call forever?
Recommended Links & Videos:
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
PowerX Strategy Book: https://bit.ly/2wMQ7zW
PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
RIDE Trade: https://www.youtube.com/watch?v=B1nfc2LP-ic
Trading Taxes Explained: https://www.youtube.com/watch?v=laMtU3KFzSI
Pattern Day Trader Rule Explained: https://www.youtube.com/watch?v=bZaHtJc6TJ4
Today, we will talk about “Death Cross and Golden Cross” since it's a super hot topic right now. Bitcoin just made a Death Cross.
So what is it?
And how can you use it in your trading?
Recommended Videos & Links:
PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
PowerX Strategy Book: https://bit.ly/2wMQ7zW
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
Software Special: https://www.rockwelltrading.com/master
Trading Taxes Explained: https://www.youtube.com/watch?v=laMtU3KFzSI&t=0s
Let’s talk about my current trades. On Friday, I got assigned in 4 stocks, so I will tell you what exactly I did this morning.
Recommended Links & Videos:
PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
A Boomer's Guide To WSB Lingo: https://www.youtube.com/watch?v=JSiJJLdpOvY&t=0s
Wheel book: https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbW56TkQ5SVUzZ2tXbXNnM3NvZk5fS00xcDVyd3xBQ3Jtc0ttOWQ3a291akE2ZkN6YlozUU5JbGZDTF9XT3JaNmlYaHZEc19ZaWhmUlY3a01vcDAxd29ybktmN0xlWk9DVVhyY3dFYUJ1Uzl3WURtYUNudm8tNzl3R3c1NVQweUdVbGRXZFVjMUg0S19HZHBfeThNZw&q=https%3A%2F%2Fwww.rockwelltrading.com%2Fwheelbook
PowerX Strategy Book: https://bit.ly/2wMQ7zW
Here's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXs&t=0s
Currently, I’m assigned with 2 stocks: RIDE and LVS.
And I might get assigned on 2 other options positions where I sold puts:
AA at $35 per share (it's down more than 6% today!) and CWH at $37.50 per share (it's down more than 4% today!)
According to my plan for the wheel strategy, I should have no more than 5 open positions.
So what do I do now?
What if I'm getting assigned the 2 stocks tomorrow?
Does this mean I can only trade 1 new option next week?
In this video, I'll show you exactly what I'm planning to do.
Recommended Links & Videos:
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
Wheel Strategy: What To Do When You’re Assigned: https://www.youtube.com/watch?v=K_zBGpLrO34
Is Trading Forex Worth It? https://youtu.be/HXrP7uHLWLk
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
PowerX Strategy Book: https://bit.ly/2wMQ7zW
TradingView is an online charting platform that allows traders to share their ideas and insights with other traders worldwide. It's also a powerful tool for technical analysis, backtesting strategies and automated trading systems development. You can use it on your desktop or mobile device - wherever you are!
But it's easy to get overwhelmed. In this TradingView Tutorial For Beginners, I'll show you the best tips and tricks so that YOU can become a TradingView expert in 30 minutes or less.
Recommended Links & Videos:
How To Setup TradingView For The PowerX Strategy: https://youtu.be/kyoSU8mbx8g
TradingView Stock Screener: https://www.youtube.com/watch?v=yBiyda-Nykk&t=0s
TradingView: https://rockwelltrading.com/tradingview
Here's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXs
Wheel Book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
Best Brokerage 2021: https://www.youtube.com/watch?v=kzinSHgX848&t=0s
On June 15th, Hindenburg struck again, this time targeting popular sports gambling and fantasy sports company DraftKings (DKNG).
Some well-known investors in DraftKings include Walt Disney (DIS), WWE (WWE) owner Vince McMahon, and owner of the New England Patriots, Robert Kraft. DraftKings also has lucrative partnerships with the NFL, MLB, NHL, NASCAR, UFC, and the Dish Network.
A lot of potential brands could be hurt by these allegations if proven true.
Wood is well known to target companies she likes long-term that are beaten down. Some examples of this include her continued support of Coinbase (COIN) and Teladoc (TDOC) during their prolonged dips.
How much DraftKings did Wood buy? She added $42 million worth or 870,299 shares following Hindenburg’s report. The stock now represents the 19th and 17th largest holdings in each ETF respectively.
… Who will win?
Judging from DraftKings’ rise the next day, it looks as though Wood and Ark Invest have taken round one from Hindenburg.
Ride Lordstown Stock - What a CRAZY Ride!
I entered the stock when I was stuck in Florida during the ice storm in Texas - and it's probably my worst trade ever!
And oh boy... this stock is taking me for a "RIDE":
In this position, I went from a $90,000 loss to making a profit - ALMOST!
I was ready to take profits when the stock tanked - AGAIN.
In this podcast, I'll share with you what exactly I'm doing right now.
Recommended Videos & Links:
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8&t=0s
The Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
The PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
Get Your Copy of The Wheel Book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
There's no doubt: When the Tesla CEO Elon Musk tweets about Bitcoin, he is moving the largest cryptocurrency in the world. In fact, in May 2021, Bitcoin's market cap exceeded 1 Trillion Dollars!
AMC Stock up 3,000% - Hedge Funds suffer $5 Billion Loss
To get the transcript and MP3, go to: https://www.rockwelltrading.com/coffee-with-markus/amc-stock-up-3000-wallstreetbets-victorious/
IMPORTANT: I was informed that I was wrong: The Reddit Forum /r/amcstock is responsible for the Short Squeeze and NOT WallStreetBets. I apologize for the mistake.
What Is Going On With AMC?:
Who Is Buying AMC?:
What Is The Highest AMC Has Been?:
How High Can AMC Go?:
Is AMC Losing Money?:
Should You Buy AMC Shares/Am I Buying AMC?:
MC Stock - Here's what you need to know
We will talk about the 12 most commonly asked questions around AMC stock:
1.) Why is AMC stock so high?
2.) Who is buying AMC stock?
3.) Did AMC sell more shares?
4.) What's the highest AMC stock has been?
5.) Can AMC really hit 100,000?
6.) Is AMC a good buy?
7.) Is AMC losing money?
8.) Will AMC go out of business?
9.) Will AMC go up tomorrow?
Recommended Links & Videos:
The PowerX Strategy: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
The Wheel Strategy: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
Bitcoin Crash 2021
Last week, the cryptocurrency markets crashed by 50%. What's next?
Why is Bitcoin crashing?
And is Bitcoin still a good investment?
That's what we're going to talk about in today's video.
Recommended Links & Videos:
How To Find The Best Stocks For The Wheel Strategy: https://www.youtube.com/watch?v=nHkZNLR2P2Y
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
PowerX Strategy Book: https://bit.ly/2wMQ7zW
Tradier: https://rockwelltrading.com/broker
PowerX Optimizer: https://powerxoptimizer.com/
Picking the right option strike price is extremely important.
As you will learn in this podcast, it will affect your returns and it could even make or break you in the market.
In this podcast, you will learn...
- what a strike price is,
- the different intervals for strike prices,
- how to pick the right strike price,
... and much more.
Recommended Links & Videos:
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
PowerX Strategy Book: https://bit.ly/2wMQ7zW
When To Take Profits On Options: https://www.youtube.com/watch?v=j-iB_hPjbcE
Pattern Day Trader Rule Explained: https://www.youtube.com/watch?v=bZaHtJc6TJ4
You might have heard the saying "Sell in May and go away."
It is an old investing adage that has been around for decades, but does it actually work?
In this blog post, we are going to find out what's best to do.
We will discuss:
- What is the meaning behind "Sell in May and go away?"
- Does sell in may and go away work?
- Should you sell in may and go away?
- Two reasons not to sell in May and what to do instead.
Recommended Links & Video:
How I Find The Best Trades (3 Steps): https://www.youtube.com/watch?v=VgAWxeDMoes
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
Best Brokerage 2021: https://www.youtube.com/watch?v=kzinSHgX848
Here's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXs
When To Take Profits On Options: https://www.youtube.com/watch?v=j-iB_hPjbcE&t=0s
Will the stock market crash in May 2021?
Over the past few days, the markets have been plunging.
So THIS is a question that many people are asking:
Will we see a market crash in the next few weeks?
What will happen in the stock market?
In this video, I will talk about exactly THIS:
What is the likelihood of a stock market crash in May 2021?
Do you need to worry?
And how can you prepare for it?
Recommended Videos & Links:
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
Tradier: https://rockwelltrading.com/broker
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
You are probably wondering, "options trading vs. stock trading: which is better?" This video will cover the 7 topics that you want to know about options trading and stocks.
We will cover what is the difference between buying stocks and options, which is better (for you), which is more profitable, how much money you need for either, and the risks of both.
Recommended Links & Videos:
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
Account Updates Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2kQMFb5UaY9mLx8kH7MOye0
I'm currently trading two strategies:
- Strategy #1 is The PowerX Strategy
- Strategy #2 is The Wheel Strategy
So when is it best to not trade stocks? When is it best to not trade options? When should you not trade at all?
There are days and even sometimes weeks in the markets, where the best thing to do is sit on your hands' (i.e. do absolutely nothing).
On an average day, The PowerX Optimizer (my proprietary trading software) will provide me with around 8 potential trade setups. The beauty of the system is that it takes your ego completely out of the picture.
What do I mean by that? Well, it's simple really. I've paid a team of developers to program my trading plan and money management system into this piece of software I've named the PowerX Optimizer. It doesn't care about news, tweets and it never has days where it's in a good mood or bad ;)
What do I look for in a stock:
- Looking for huge gaps in the stock
- Trendability to both the upside & the downside
- How this stock performed over the past year had I been trading it with the PowerX Strategy.
It simply runs the program quickly and objectively, so I know I'm always getting the same types of setups every time. But here's the thing, there are going to be days when the best thing to do is to sit on your hands.
Today is looking like it may be one of those days...and you know what, that's okay with me. As a trader, you always want to be in the markets because obviously if you're not, you're not making money but it's also to realize you're not losing money either. And this is really the key point because on days where you don't have ANY trade setups that look good, that day you don't put on a trade.
Because if you try and force it, more than likely you're going to lose money. Let me tell you from my experience that is definitely a losing proposition. So in today's episode, we're going to take a look at the broader markets to see what's in store for us this week.
The Options Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
The PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
Get My Book On The PowerX Strategy: https://www.rockwelltrading.com/free/powerx-strategy-book/
How does earnings season can impact option trading? Earnings season happens four times a year, and is when corporations reveal their financial results for the previous quarter.
Results of a company's earnings report can have a major impact on the stock price, and options will often price in the expectations before the event so it's likely that options premiums are more expensive.
This can impact your trading with implied volatility.
What makes up an options price?
- Implied Volatility: the market's expectation for future volatility. Traders don't know which direction the stock will go, but once a company reports earnings, there is no more uncertainty.
So why is this important?
- As an options buyer, higher implied volatility means that you are paying more for your contract & are at risk for a volatility crash.
How is IV measured?
You compare the implied volatility to the stock's historical volatility for exactly the same time frame.
The IV measures the market expectation for future price action & the historical volatility measures the volatility for a stock that already occurred, and all you have to do to see how the IV compares to the HV.
For historical volatility, it makes sense to look at it in 10, 20, 30, 40 days increments.
Why you shouldn't sell options into earnings.
Earnings plays are hit-and-miss, & sometimes stocks jump dramatically.
It's best to focus on SRC profits:
-
Systematic because I like to trade what I see and not what I think.
-
Repeatable and by trading my plan.
-
Consistency.
With The Wheel strategy the idea is to get paid while you wait to buy the stock by collecting premium by selling puts.
Ideally higher IV is good for this and as a rule of thumb, I look for stocks with an IV, of at least 40%. but I don't trade into earnings, no matter if you're buying or selling.
Earnings are a wildcard and there's just too much uncertainty. It's always good to know when they report earnings if you have any open positions, whether you're buying stocks or selling stocks so that you're not caught off guard.
Recommended Videos:
The Wheel Options Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
Generating SRC Profits - Here's How I Do It!: https://www.youtube.com/watch?v=FP2x4JULzwU&t=0s
The PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
People often ask me, "How much money do you need to trade options for a living?"
For everyone, the answer to this is different. What are your monthly expenses? How much do you need to cover your housing costs, groceries, recreational expenses, etc.?
What are your profit expectations? What is the ROI you expect to earn with your trading strategy?
These are all questions you must answer first before you can figure out how much money you have to have in your trading account to be able to live off of your profits.
In today's episode of Coffee With Markus, I will show you how to figure all of this out so you can start working on a plan to accomplish these goals, and figure out how much buying power you need to be able to trade options for a living.
Recommended links and videos:
Growth Trading vs Income Trading: https://www.youtube.com/watch?v=7aosZJwQ-kc&t=0s
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
Trading With Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&t=0s
PowerX Strategy Book: https://bit.ly/2wMQ7zW
Theta In Options: https://www.youtube.com/watch?v=kSZWxk3qCZI&t=0s
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
Trading is fun and every trader is happy when trades are moving in the right direction.
But when a trade goes against you, you will experience a lot of emotions:
Fear, anxiety, regret, doubt, maybe anger, ...
... and these emotions in trading can lead to some bad decisions that could kill your account.
I want to show you how to deal with your emotions and how to control your emotions in trading so that you become a more relaxed trader.
Recommended Links & Videos:
Unrealized vs Realized Profits: Open Profit and Loss Explained: https://youtu.be/fOOi5401UC0
Wheel book: https://www.rockwelltrading.com/wheel
Rockwell Merchandise: https://store.rockwelltrading.com/
PowerX Strategy Book: https://bit.ly/2wMQ7zW
The PowerX Strategy Playlist: https://youtube.com/playlist?list=PLB
PowerX Strategy Book: https://bit.ly/2wMQ7zW
What Can I do? The Circles of Concern and Influence Article: https://bit.ly/3vas2f4
I want to go over three very specific set things that helped me to become a much better trader.
Full Episode: https://youtu.be/t577IGfooYI
Recommended links & videos:
Generating SRC Profits: https://youtu.be/FP2x4JULzwU
The Wheel Strategy Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
The PowerX Strategy Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
As most of you know, I'm currently trading two strategies: The PowerX Strategy, and The Wheel Strategy. People often ask me, "How do you find the right trades for these strategies?" I will answer that in today's episode. I have a 3 step system for finding the best trades, every time. It's been working great for me, and I will show you how I found 2 great trades, just this morning.
Full YouTube Episode: https://youtu.be/VgAWxeDMoes
Recommended Links & Videos:
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
The Wheel book: https://www.rockwelltrading.com/wheelbook
Options Trading 101: https://bit.ly/2V7Nf9T
The Wheel vs The PowerX Strategy: https://www.youtube.com/watch?time_continue=3&v=QmLQ60GQJHc&feature=emb_logo
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
Tradier: https://rockwelltrading.com/broker
One of the things that I've learned over the years for goal setting is I don't create a plan of action for everything. Backward Planning: Start with your goal in mind, and work your way to the beginning. Create a detailed step-by-step plan of what to do. Problem: What do you do if something goes wrong?
Full YouTube Episode: https://youtu.be/_LS47X7Ka0U
Recommended Videos & Links:
Last Video/Plan for 2021: https://www.youtube.com/watch?v=_XvnPBSIsYE
Markus’ Plan: https://rockwelltrading.com/myplan
Markus’ Trading Routine: http://www.mytradingroutine.com
My Personal Growth Plan 2021: https://www.rockwelltrading.com/myplan
The Options Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
Options 101 Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2m6vWuLNRz4HHUErjO8H6N8
Options Income Trading Strategies: https://youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
Generating SRC Profits - Here's How To Do It: https://youtu.be/FP2x4JULzwU
Are you looking for the best brokerage account 2021? One of the biggest questions people have is "Which brokerage should I use?" And finding the best brokerage account is one of the most difficult decisions for new investors. In this episode, I will share my top pick for brokers and show you how to find a broker that meets your needs.
Full Episode on YouTube: https://youtu.be/kzinSHgX848
Recommended Links & Videos:
Sign Up For A Tradier Brokerage Account: https://rockwelltrading.com/broker
Trading Taxes Explained: https://www.youtube.com/watch?v=laMtU3KFzSI
Trading with Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&feature=emb_logo
Show Notes are posted in our free member's area under Coffee with Markus. You can register here: http://rockwelltrading.com/app
In this episode, I'm going to show you how you can start trading options without any prior experience. In this episode, I am going to talk about the basics of trading options in detail. Unlike other episodes on YouTube that just say "options are good," or "you should trade options," I am going to break down all the steps involved with a beginner's approach so that anybody could do it.
Full YouTube Episode: https://youtu.be/4lJ8ThbpWZQ
Recommended Links & Videos:
Options Trading 101: https://bit.ly/2V7Nf9T
Show Notes are posted in our free member's area under Coffee with Markus. You can register here: http://rockwelltrading.com/app
Options Delta Explained: https://www.youtube.com/watch?time_continue=1&v=VRCQFBi5Ai0&feature=emb_logo
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
The Wheel vs The PowerX Strategy: https://www.youtube.com/watch?time_continue=3&v=QmLQ60GQJHc&feature=emb_logo
$500,000 Account Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2kQMFb5UaY9mLx8kH7MOye0
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
Pattern Day Trader Rule: https://www.youtube.com/watch?v=bZaHtJc6TJ4&feature=emb_logo
Options Assignment Risk Explained: https://www.youtube.com/watch?v=zekoBDUHTR8 (37 or 38 minutes in - not 100% sure this is the video he referenced - there were a couple)
Trading Log: https://www.youtube.com/watch?v=Jnbr7-kCEwQ&feature=youtu.be
In this episode, I will show you the most important things to consider BEFORE buying any trading course. This is NOT a sales pitch for any particular course but rather and an unbiased opinion of what you should be aware of if you think about buying a trading course.
Full YouTube Episode: https://youtu.be/a_qc261zTwY
Recommended Links & Videos
Show Notes are posted in our free member's area under Coffee with Markus. You can register here: http://rockwelltrading.com/app
Swing Trading vs Day Trading: https://youtu.be/zjOubJK60Pw
Options Trading 101: https://bit.ly/2V7Nf9T
Best stock market simulator: https://youtu.be/GG8_WXAjM5Etime_continue=1&v=PIn7Y0CzV1k&feature=emb_logo
Options trading is fascinating, and it can be VERY profitable. In fact, I just released an episode of how I made $52,138 in 8 weeks of trading options. But there’s also a downside to it, and not everyone knows the risks. With confusing terms like "puts" and "calls", some of the most basic things can seem overwhelming at first glance. But don't worry! This episode will break down everything for you, In this episode, I'm going to show you the risks of options and what you need to know when trading options.
Full YouTube Video: https://youtu.be/l-UVIdKTsek
Recommended Links & Videos:
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
Show Notes are posted in our free member's area under Coffee with Markus. You can register here: http://rockwelltrading.com/app
Trading with Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&feature=emb_logo
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
They say that 90% of traders lose money, and I'll explain why are clear in this episode. I'll share the tops trading mistakes you want to avoid if you want to be one of those 10 percent that make it!
Full YouTube Episode: https://youtu.be/spz-2SzGdvY
Recommended links and videos:
Black Swan Events: https://youtu.be/sOmX_-ELuLo
PowerX Strategy Playlist: https://www.youtube.com/watch?v=V7-qq3HO_rg&list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
Show Notes are posted in our free member's area under Coffee with Markus. You can register here: http://rockwelltrading.com/app
Options trading can be a great way to make money, but it's important to know when you should take profits. How do you know when to take profits? Is there a formula for it? In this episode, I share some guidelines for how and when you should take your profit on an option trade. And we will answer the question should you let options expire or take profits early?
Full YouTube Episode: https://youtu.be/j-iB_hPjbcE
Recommended Links & Videos:
To get the show notes you can register at: http://rockwelltrading.com/app (use your email address) and the notes are posted under "Coffee with Markus" email support@rockwelltrading.com for assistance (maybe reword this for description)
Bid Ask Price Explained: https://www.youtube.com/watch?v=D_Xg6TZjixY
Poor Man’s Covered Call: https://www.youtube.com/watch?v=i31CK3Qo5PY
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
Profit Taking Strategy: https://tinyurl.com/ydbtvuet
Rockwell Merchandise: https://store.rockwelltrading.com/
(Previous Coffee With Markus) How To Manage Losing Trades - How I'm dealing with my $25,991 "losing trade": https://youtu.be/bHKIdYCnUjM
Wheel Book Waitlist: https://www.rockwelltrading.com/wheelbook
Right now, I'm having a $25,991 losing trade in my account. I know this is going to sound like a broken record, but managing losing trades is one of the hardest things about trading stocks and options. It's especially difficult when you're on a run and had a bunch of winning trades, only to see it erased in a matter of days in a trade that goes against you. This episode, is about how to manage losing trades.
Full Episode: https://youtu.be/bHKIdYCnUjM
Recommended Links & Videos:
To get the show notes you can register at: http://rockwelltrading.com/app (use your email address) and the notes are posted under "Coffee with Markus" email support@rockwelltrading.com for assistance (maybe reword this for description)
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
A Detailed Guide How I made $52,138 in 8 Weeks: https://www.youtube.com/watch?v=LORPBdgxr8w
How To Find The Best Stocks For The Wheel Strategy: https://www.youtube.com/watch?v=t-zSW3y0uSc
Do you want to learn how I made $52,138 in 8 weeks trading options?
Full Video: https://youtu.be/4-u1bP5H-Rs
Recommended Links & Videos:
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
How To Identify Strong Support & Resistance: https://youtu.be/ZkEOuWW5GVc
The Wheel Options Trading Strategy is a powerful trading strategy, & it can be fairly low risk if you know what you’re doing. I'll show you how it works & what you need to know before you start trading it. In this episode, I’ll give you a complete squad of trading tactics based on questions I received.
Full YouTube Video: https://youtu.be/Q4VkeF0qGxI
Trading with Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&feature=emb_logo
Show Notes are posted in our free member's area under Coffee with Markus. Register here: http://rockwelltrading.com/app
How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8
You might have heard me talking about "rescue missions" when a Wheel Strategy Trade is in trouble. In this episode, I will show you exactly what that means and also talk about more wheel strategy tips, e.g. trading the wheel option strategy, trading the wheel in a down market, and several the wheel option strategy example.
Full Episode on YouTube: https://youtu.be/o70hJ53LzDQ
Recommended Links & Videos:
How To Find The Best Stocks For The Wheel (Last Video): https://youtu.be/nHkZNLR2P2Y
The Wheel Strategy Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
How to find strong support and resistance: https://www.youtube.com/watch?v=ZkEOuWW5GVc
Wheel Book Waitlist: https://www.rockwelltrading.com/wheelbook
Rockwell Merchandise: https://store.rockwelltrading.com/
The Wheel Options Trading Strategy is a powerful way to generate income with options. The most critical part of this strategy is finding the best stocks. If you are trading the right stocks, THIS is one of the best trading strategies that I know. But if you are selecting the wrong stocks, it could be a disaster.
Full Episode on YouTube: https://youtu.be/t-zSW3y0uSc
Recommended Links & Videos.
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
Wheel Book Waitlist: https://www.rockwelltrading.com/wheelbook
Options Income Trading Strategies: https://youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
Rockwell Trading Mobile App Registration: http://rockwelltrading.com/app
If you follow some simple rules and avoid these 3 mistakes, you can be in that minority of traders that actually makes money consistently in the markets. And if you are currently making one or all of the mistakes, I’ll also show you exactly how to fix it. So let’s dive in!
Full Video: https://youtu.be/TsOhzb_ZaW8
Best Trend Indicator For Stocks - Revealed: https://youtu.be/r6R6RwT9Yms
Stock Market Profit Taking Strategy: https://youtu.be/sEvAx-A2vlo
www.rockwelltrading.com/social
This morning I woke up and my account was down $25,000 ($18K at the time of this video). This is on a margin account with $500K in buying power. So in this episode, you'll learn what 3 common reasons why you can lose money with the wheel.
Full Episode on YouTube: https://youtu.be/0KfJNZFqfE8
Recommended Links & Videos:
Trading with Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&feature=emb_logo
Options Trading 101: https://bit.ly/2V7Nf9T
The Options Wheel Strategy: https://youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
The PowerX Strategy Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
The Original YouTube Video: https://youtu.be/eh6ZxuFp7-g
Recommended Links & Videos:
The Options Wheel Strategy: https://youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
The PowerX Strategy Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
Best TradingView Setup: https://tinyurl.com/yd6z49gr
Markus’ Trading Routine/Schedule a Tour: http://www.mytradingroutine.com
Generating SRC Profits: https://www.youtube.com/watch?v=nFTCcVZD7xg
Markus' Plan: https://rockwelltrading.com/myplan
Swing Trading vs Day Trading: https://youtu.be/zjOubJK60Pw
Pattern Day Trader Rule Explained: https://www.youtube.com/watch?v=bZaHtJc6TJ4&feature=youtu.be
What's The Best Vertical Spread Option Strategy Full YouTube Video: https://youtu.be/CcU40-TjdZM
Options 101 FREE Course: https://www.rockwelltrading.com/free/options-101-course/
Call Debit Spreads Explained: https://youtu.be/x1QSY51JrbE
Put Credit Spreads Explained: https://youtu.be/tKKK4d9Ese8
www.rockwelltrading.com/social
In this episode, I'm going to compare the two in a scenario with an account of $20,000. We'll go through different variables that might make you want to choose one over another.
Full Video: https://youtu.be/3S29mgYo-qs
www.rockwelltrading.com/social
When used correctly, margin can be your best friend & when used incorrectly, it can be a disaster. In this episode, you'll learn what is margin, how to open a margin account, and what is a buying power.
Full YouTube Video: https://youtu.be/UHy84SOGl4Y
Recommended links and videos:
Markus’ Plan: https://rockwelltrading.com/myplan
Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb
tastyworks: http://rockwelltrading.com/tastyworks
Best Brokerage Account 2020: https://youtu.be/4MoU-UiDAi4
www.rockwelltrading.com/social
Full episode: https://youtu.be/WjXZqrG7QiA
How can you make money in a market that is going down? In this episode, you'll learn 2 strategies how to do this.
www.rockwelltrading.com/social
Full Video: https://youtu.be/JSiJJLdpOvY
It’s been such a crazy week. There has just been insane volume and insane volatility on GME, AMC, BB, SLV, … and most of it has been at the hands of the WallStreetBets crowd. And it’s really easy to get overwhelmed with what exactly these folks are saying on the WSB forum -- tendies, YOLO, boomer! So, today, I want to help you cut through the noise and define some of the terms you might be seeing on WSB.
Recommended Videos:
Assigned in 4 Positions - Here's What I'm Doing Now: https://youtu.be/5B727GIhU48
What's Going On With GameStop (GME) Playlist: https://youtube.com/playlist?list=PLBa3sAx-Io2nVYEne5W_7yhl4y6FNfjlp
www.rockwelltrading.com/social
Full Video: https://youtu.be/sd51dIbeB8k
In this episode, I want to do a follow-up video on GameStop (GME), because this stock is just going absolutely bonkers.
Should I Buy GME Stock Right Now?: https://youtu.be/bvPJYsaX3sQ
www.rockwelltrading.com/social
Full episode: https://youtu.be/bZaHtJc6TJ4
In this episode, you'll learn what the pattern day trader rule is, how you can trigger it, even if it's accidentally, what happens when you trigger it, and how you can avoid it.
www.rockwelltrading.com/social
In this episode, I'll share with you my financial and personal goals for 2021.
Full Episode: https://youtu.be/_XvnPBSIsYE
www.rockwelltrading.com/social
Option prices are influenced by what is known as "The Greeks." In this episode, you'll learn what Delta is.
Full Episode: https://youtu.be/VRCQFBi5Ai0
The Options Wheel Strategy: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
Need a broker? We prefer trading using tastyworks! Sign up here: https://bit.ly/3610gsk
www.rockwelltrading.com/social
In this episode, we'll talk about why you should use a paper trading simulator. I recommend Trading View's paper trading simulator and you'll learn how to get started.
Full Episode: https://youtu.be/GG8_WXAjM5E
www.rockwelltrading.com/social
How I Managed My TQQQ Trade That Was In Trouble.
Full Episode: https://youtu.be/mac51XG-5E4
The Options Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
www.rockwelltrading.com/social
Full Episode on YouTube: https://youtu.be/ikRWey4yzwg
The Wheel Options Playlist
https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
www.rockwelltrading.com/social
Full Episode on YouTube: https://youtu.be/gtWk650NjvI
Recommended & Referenced Videos:
The Wheel Strategy Playlist:
https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
Cash Covered vs Naked Puts:
https://youtu.be/WQt-3StLaFU
YouTube Video: https://youtu.be/6c9MkNyDjso
In this episode, you'll learn why you should start trading.
www.rockwelltrading.com/social
Full YouTube Video: https://youtu.be/WQt-3StLaFU
I want to talk about the difference between Cash Secured Puts and Naked Puts. In a recent CWM I got a comment that said "It is the same" and of course that is NOT the case.
The Options Wheel Strategy Playlist:
https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq
YouTube Video: https://youtu.be/WfjIEo5WwWc
A member of my FB VIP group recently stated she had lost most of her gains for the week. And that every trade she took was a loser. Have you ever felt the same way? Like you’re not moving at all… or even going backwards?
www.rockwelltrading.com/social
Full YouTube Video: https://youtu.be/I-uRLqBRCD0
Forex, much like crypto seems like the place where a lot of new traders choose to 'cut their teeth'.
But is that the worst idea ever?
Sources mentioned in the video:
- https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/cftcnasaaforexalert.html
- https://elliottwave-forecast.com/trading/forex-trading-vs-stocks-trading/
- https://www.financemagnates.com/forex/brokers/robomarkets-becomes-official-partner-of-bmw-m-motorsport/
- https://www.forbes.com/sites/csylt/2019/05/19/revealed-sponsors-fuel-formula-one-with-30-billion/#c5d057224161
- https://www.mediapost.com/publications/article/347322/nfl-sponsorship-revenue-exceeds-147-billion.html
www.rockwelltrading.com/social
The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT
tastyworks: http://rockwelltrading.com/tastyworks
Options Trading 101: https://bit.ly/2V7Nf9T
Penny stocks are very popular. After all, it's exciting when a $0.20 stock explodes to $20! But is it really possible to make money with penny stocks?
www.rockwelltrading.com/social
Let’s talk about the top 5 biggest trading mistakes that are TOTALLY preventable. As we work through this list, I’m saving the best for last. And by best, I mean WORST! This mistake is SO big, I actually refer to it as the “Account Killer”.
www.rockwelltrading.com/social
Growth Trading vs. Income Trading - Which Is Best For You?: https://youtu.be/LU36DJT57go
In this episode, you'll learn what are the main differences between trading for income versus trading for growth.
www.rockwelltrading.com/social
YouTube Video: https://youtu.be/FP2x4JULzwU
My bread and butter strategy in the PowerX Strategy, and you can see how exactly I trade in a video that I created for you. It’s on the website my https://www.mytradingroutine.com
www.rockwelltrading.com/social
*Should I Become A Day Trader?: https://youtu.be/lJSNGR1A50Y*
So, should YOU start day trading? Is day trading risky? And how to start day trading today? Let's spend some time answering those questions and looking through the pros and cons.
www.rockwelltrading.com/social
So now, I want to talk to you about "The Best Trading Strategy." So first off, this is not a one size fits all type solution. We're all different and there are a lot of variables that come into place when choosing a trading strategy that is best for you.
YouTube Video: https://youtu.be/QmLQ60GQJHc
www.rockwelltrading.com/social
📈 Watch My Daily Trading Routine Here (that takes me less than 15 min/day): https://bit.ly/2ICZkgX
📕 Get a FREE Hardback Copy Of My New Book “The PowerX Strategy”: https://bit.ly/2wMQ7zW
What kind of trader are you? From my experience, there are 2 extreme types of traders...
YouTube Video: https://www.youtube.com/watch?v=JE-fYzTLw7g
The Successful Trader Journey - A Trading Roadmap For Consistency & Profitability: https://www.youtube.com/watch?v=orWvev1iUsA
www.rockwelltrading.com/social
Links & Videos Mentioned In Today's Episode:
Money Management: https://www.youtube.com/watch?v=aBB1DrRKi4k
Generating SRC Profits: https://www.youtube.com/watch?v=nFTCcVZD7xg&t=281s
www.rockwelltrading.com/social
It often starts off with buying stocks with now concept of a trade. NO trading plan, NO entry point, NO exit point, NO stop-loss. After they’re losing money on stocks after a while they start looking for “insider tips” and strategy but often turn to the merciless trading marketers who promise the world. After more and more losses they decide that trading isn’t profitable and it’s a losing game. They give up. Does this sound like any stage you’ve ever experienced when learning to trade?
“The PowerX Strategy” https://bit.ly/2wMQ7zW
Level up your trading - https://powerxoptimizer.com/software/
www.rockwelltrading.com/social
Watch the full video: https://youtu.be/Yzozj_NWYow
So why did we such a violent sell off? Was this technically a "market crash." And maybe even a better question for today: Is this just a bounce before the next sell off? Well that's exactly what I plan to discuss.
www.rockwelltrading.com/social
Is anyone feeling Deja Vu? Because it's starting to feel a little bit like 2017 again with all the hype around Bitcoin and cryptocurrencies again. Over the last couple of weeks Bitcoin, Ethereum and the rest of the cryptocurrency market has been surging, with some less known days having triple digit moves in a matter of days...talk about VOLATILITY!
www.rockwelltrading.com/social
Watch the full video: https://youtu.be/Y76qguwUuzk
Are we in for another stock market crash this fall (2020)? As we're all aware, right now there is a confluence of crises unlike any time in my life and times are definitely pretty tough for a lot of Americans right now. If you've followed the markets for any length of time you're probably aware that more market crashes have happened in the fall than any other time.
www.rockwelltrading.com/social
In this episode, you'll learn what is a stock split? Why Would A Company (Like Apple or Tesla) Want To Split Their Stock? What Does This Mean If You're Currently Holding AAPL & TSLA Stock? Does A Stock Split Typically Send A Stock Higher or Lower?
www.rockwelltrading.com/social
The guidelines used to determine whether a business qualifies as a “ traders in security” is found on the IRS Website under Topic 429: https://www.irs.gov/taxtopics/tc429
As we consider this set of guidelines, please remember to consult a professional CPA. GreenTraderTax.com, established by Robert Green, has a few golden rules regarding the IRS guidelines for your business. Learn more about their consulting services here: https://greentradertax.com/services/consulting/
What is needed for the IRS to recognize you as a trader? Refer to this article from the IRS titled “Traders In Securities” : https://www.irs.gov/taxtopics/tc429
To find a consultation on these services, please visit https://www.rockwelltrading.com/taxes.
- You can get signed up with TradingView here: https://bit.ly/2XMCXxY. Also for pro tips on how to set up TradingView Pro to be used with my Power X Optimizer system, check out this in-depth video here: https://bit.ly/2zkWe00
- For a step by step tutorial on how to set up your TastyWorks account, check out my awesome and informative video here: https://youtu.be/4MoU-UiDAi4
- If you want to see how I’m able to consistently make profits trading using the PowerX Strategy, take a look here: https://bit.ly/2wMQ7zW This is the very same strategy I’ve used to produce 25% gains in the last 30 days. Visit this link for more info: https://bit.ly/3dJvLIg
- “What’s The Best Trading Computer”: https://youtu.be/-R5DTolRliU
- I highly recommend the ASUS MB169B+ 15.6" Full HD 1920x1080 IPS USB Portable Monitor found here on Amazon: https://amzn.to/30kGZiD
- Morning Brew: https://bit.ly/3f2bjCM
Seeking Alpha’s Wall Street Breakfast: https://bit.ly/3cKamgM
The Rockwell Trading Newsletter: https://bit.ly/2BNQ5u3
How To Start Your Trading Day With An Edge - Here's My Morning Routine: https://youtu.be/h_8kbZ9TfII - Trading Entity and Taxes: https://youtu.be/yaTgAp9EZAE
Binary Options Scam, Traders Beware!
In this episode, I will share with you how I exposed binary options scammer.
www.rockwelltrading.com/social
Last week, I opened an account with Tastyworks and I transferred $20,000 into it. This afternoon, I'll walk you through my step by step trading plan, which includes:
- my entry rules
- my exit rules
- how much size
... in short: everything ;)
If you'd like a copy of the trading plan you can download it from here: rockwelltrading.com/plan
In this episode, I will share with you my 10 trading lessons from June.
www.rockwelltrading.com/social
In this episode, you'll discover 3 ways to instantly be happier and less stressed. Enjoy :-)
www.rockwelltrading.com/social
So what's behind these emails? Do they give you the "Secret 5G Stock" that's making you 10x the money? Or is there another agenda behind these emails?
www.rockwelltrading.com/social
In this episode, I will share with you my morning routine how I start my trading day. How to prepare for the trading day? What newsletters should you read? How to get ready for the day, ... in short: everything! Enjoy!
Here all the links I mentioned in this episode:
SeekingAlpha: https://seekingalpha.com/market-news/wall-street-breakfast
Briefing: www.briefing.com/
MorningBrew: https://bit.ly/3469rVo
Rockwell Trading Newsletter: www.rockwelltrading.com/daily-update/
www.rockwelltrading.com/social
I know, I know: Yet ANOTHER podcast about the Coronavirus. But this one's different. In this episode, I'll give MY take on the current situation and my predictions. Enjoy :-)
www.rockwelltrading.com/social
Monday, March 9th, was one of the worst days in the stock market's history. It has left 401ks, IRAs and all forms of retirement accounts under some major distress...especially if you have any exposure to oil and gas, with it taking one of the worst beatings across all sectors. So to hopefully ease some of the worry and fear that's building, I'm going to discuss how you need to 'detach' from the current moment to see the once in a decade type of opportunity we have in front of us.
www.rockwelltrading.com/social
Robinhood was down for 2 days. The first day the platform was unavailable was the biggest day for stocks in 12 years. The Dow gained 4.6%, but millions of Robinhood users could only watch and missed out on the biggest rally since the financial crisis. In this episode, we will talk about the facts of the Robinhood outage and what YOU can do if you were one of the Robinhood users that experienced losses or missed out on gains. PLUS, we will look under the "hood" and see how Robinhood really makes money.
www.rockwelltrading.com/social
Last week, the stock market fell 12%. This week, we are seeing a bounce. But I believe the worst is yet to come. In this episode, I'll share my 5-step plan on how to take advantage of a stock market crash, and it's not what you think ...
www.rockwelltrading.com/social
In this episode, you'll learn: How Binary Options Work? Can You Really Make Money With Binary Options? Binary Options Brokers for US Traders. Are Binary Options Legit? Is binary options trading safe? What Is The Best Strategy For Binary Options?
www.rockwelltrading.com/social
In part 1, we used a powerful question to give us clarity on WHAT exactly we want. In part 2, we talked about the most efficient way to get what you want: Use a coach or a mentor. And as promised, in this episode you'll learn how to hire a mentor when you don’t have money to hire him.
www.rockwelltrading.com/social
In this episode, you will learn how to achieve your goals in the most efficient way.
www.rockwelltrading.com/social
How does the Coronavirus affect the stock market? What to expect in the next few weeks.
www.rockwelltrading.com/social
One of the most important things you can learn is how to control your focus. Because where focus goes, energy flows. So how do you control your focus? - Ask better questions. The worst question you could ask when planning your life is “What should I do?” In this episode, you'll learn a much better question to ask yourself.
www.rockwelltrading.com/social
What can you invest in with $500? Here are the pros and cons and what you need to do when starting with a small account.
www.rockwelltrading.com/social
How long does it take to learn how to trade stocks? Some claim it only takes a few weeks. Others say it takes months. And some people say it takes years. So who is right? Find out in this episode.
www.rockwelltrading.com/social
Should you use technical analysis or fundamental analysis? Here are 3 facts you need to know about how to pick stocks.
www.rockwelltrading.com/social
What is the rat race of life? Why do they call it a rat race? How can we stop the rat race? Is it possible to escape the rat race?
www.rockwelltrading.com/social
There are only 3 ways to become a multi-millionaire: 1. Trading Stocks and Options 2. Investing in Real Estate and 3. Running a Successful Business. I own $10M in real estate. I own a business. And I trade. Here's why trading is the best business, and what you should do if you are not a millionaire yet.
www.rockwelltrading.com/social
When is the best time to take profits when trading stocks? Timing the exit is one of the most difficult tasks for traders, and most people exit either too early or too late and leave profits on the table. In this episode, you'll learn my favorite stock market profit taking strategy.
www.rockwelltrading.com/social
What is the meaning of the bid and ask price when trading stocks? Here's the "Bid and Ask Price" explained: What is the bid and ask? Why is the bid and ask price so different? What happens when bid and ask are far apart? What is a normal bid/ask spread? Should I buy at bid or ask price? Can you buy stock for less than ask price?
www.rockwelltrading.com/social
A solid trading plan is the cornerstone of your trading business. Many traders think that all they need is a trading strategy. This is NOT the case! A solid trading plan is the cornerstone of your trading business. Let me explain the difference between a trading plan vs trading strategy, and how to create a successful trading plan.
www.rockwelltrading.com/social
Have you ever been jealous when you saw somebody with a really nice car? Or when you walked into somebody’s house and it was big… and so clean? And did you secretly judge them by saying to yourself: “Oh, he must be compensating for something by driving this car.” Or “No wonder her house is so clean… she probably has nothing better to do than cleaning the house all day.” If you have, you’re not alone! But why do we do this? Isn’t it a bad thing to be so judgmental?
www.rockwelltrading.com/social
Millionaires and billionaires think differently. In this episode, we are going to talk about a millionaire habit #1: Take 100 Percent Responsibility For Your Life. This is part of our series "Millionaire Habits You Should Be Doing Now"
www.rockwelltrading.com/social
Is it really possible to make money with stocks? How to start trading stocks online? Here is a step-by-step guide (2019 Version) on how to get started trading stocks.
www.rockwelltrading.com/social
When trading, you will see the term "Open P&L", which means "Open Profit and Loss" But what exactly does this mean? And should you pay attention to it? Why do you need it? Listen to this episode and find out.
www.rockwelltrading.com/social
Paper Trading Simulator - Does it make sense to use it? Of course, there is a difference between trading stocks live and with real money or using a paper trading simulator. In this episode, you will learn the differences between paper trading and live trading, what is the best paper trading simulator, and where to get it.
www.rockwelltrading.com/social
How much can you make from stocks in a month? Is it possible to make a part-time or maybe even a full-time income with trading? In this episode, you will discover how much you can make from stocks.
www.rockwelltrading.com/social
Do you need a special “trading computer” when trading? And if so, what is the best trading computer? Can you trade from a laptop, or do you need a desktop? We will answer all of these questions and more in this episode.
www.rockwelltrading.com/social
This morning I went to Starbucks to get a coffee, and here are my thoughts about the quote that I recently read. In this episode, I'll tell you my motivational story.
www.rockwelltrading.com/social
Forget everything you know about goal setting. It's wrong, and in this episode, I'll prove it to you.
www.rockwelltrading.com/social
The "Dan Sullivan Question" is probably one of the most important questions you can ask yourself. In this episode, you'll learn what the "Dan Sullivan Question" is and how to use it to get to the next level.
www.rockwelltrading.com/social
Recently, I stayed at a nice resort, and when I looked down from my balcony, I saw something that made me wonder: "What's holding people back?" Why aren't you a millionaire yet?
www.rockwelltrading.com/social
This week, I was on Cayman Island with my Rockwell Trading Mastermind Members. I wanted to record some videos, but I procrastinated until the very last day - when it was raining! So I asked myself: "Why am I procrastinating? And how can I cure procrastination - and laziness?" The answers are in this episode.
www.rockwelltrading.com/social
This week, all major brokerages announced "No Commission Trading". Interactive Brokers started 2 weeks ago, and this week Charles Schwab announced zero commission trading as well. This pressured TD Ameritrade and e-Trade into action, and now they are offering commission-free stock trading, too. But is this a good thing? And where's the catch? How do brokers make money if they don't charge for commissions?
www.rockwelltrading.com/social
This is Day 5 of our 5-Day Challenge "Design Your Ideal Life And Make It A Reality." If you want to watch the video and download the worksheets, go to https://www.facebook.com/groups/tradingequalsfreedom/
This is Day 4 of our 5-Day Challenge "Design Your Ideal Life And Make It A Reality." If you want to watch the video and download the worksheets, go to https://www.facebook.com/groups/tradingequalsfreedom/
This is Day 3 of our 5-Day Challenge "Design Your Ideal Life And Make It A Reality." If you want to watch the video and download the worksheets, go to https://www.facebook.com/groups/tradingequalsfreedom/
This is Day 2 of our 5-Day Challenge "Design Your Ideal Life And Make It A Reality." If you want to watch the video and download the worksheets, go to https://www.facebook.com/groups/tradingequalsfreedom/
This is Day 1 of our 5-Day Challenge "Design Your Ideal Life And Make It A Reality." If you want to watch the video and download the worksheets, go to https://www.facebook.com/groups/tradingequalsfreedom/
In this episode, you'll learn about the #1 mistake that could be holding you back from accumulating massive wealth. I'll tell you about "Abundance Mentality vs. Scarcity Mentality" and give you abundance mentality examples from my personal life.
www.rockwelltrading.com/social
In this episode, you'll learn how to live "your perfect life" NOW. The good news: You don't have to wait until "someday" - you can start TODAY following these tips.
www.rockwelltrading.com/social
In this episode, I'll tell you about a trick to do more in less time. You'll learn the simple tool that you can use.
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In this episode, I'll explain how "Zero-Based Thinking" can get you un-stuck. I'm giving several Zero-Based Thinking Examples from my own personal life and experience.
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Do you know the #1 reason that stops people from getting what they want? - It's A LACK OF FOCUS. In this episode, I share how the power of focusing on one thing has helped me to become a better trader, investor and business person.
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Has anybody ever told you "You can't do it?" In this episode, you'll learn what should you do when people say "You can't do it". I'll share my own powerful tips and tricks.
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Is it possible to get rich quick with stocks? Listen to this episode to get a take on the "get rich quick" scam!
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There are 4 Levels of Freedom - NOT only money! In this episode, I explain the "4 Levels of Freedom" in detail. How many of these levels have YOU already achieved?
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What makes a great trader? Are there certain qualities of a trader? In this episode, I explain the 5 qualities that you must have as a trader.
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Want to get things done faster? Here's the method that I personally use. It's called P.R.O.F.I.T - and in this episode, you'll learn what it is and how YOU can use it to get results faster.
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I'm living a very good life. And yet, I have some regrets. In this episode, I am sharing my biggest regrets in life.
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Is stock trading gambling? Listen to this episode and find out :-)
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Warren Buffet's net worth is $90 Billion! He is the 3rd richest man in the world. So he's definitely doing something right! What's his secret to success? Here are the 5 Best Warren Buffett Quotes on Life and Investment.
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Can you save your way to wealth? - Absolutely not! "They" have been lying to you, and in this episode, I am going to prove it to you. You can't save your way to wealth, and in this episode, you'll learn what to do instead.
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Losses are part of trading, and in this episode, I'll share some tips on how to deal with losses in the stock market.
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Consistent results are important, but how can you achieve them? How can you get consistent results and make sure to hit your goals every time? In this episode, you'll learn how to achieve consistent results easily.
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In this episode, you will learn what you need to know to get started with trading.
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If I had to start over with stock trading, here's what I would do.
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Today I talked to a friend of mine who asked: "How much money can I make Day Trading." In today's episode, I am explaining how much money you can make with trading - realistically.
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If you're losing money in stocks, then THIS episode can help you turn your trading around. Whether you are new to stock trading or have been trading for a while: The tips in this episode can help you to stop losing money in the stock market.
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"Should I Invest in Stocks?" is one of the most frequently asked questions that I received. For me, the answer is YES, and in this episode, I give you the 3 reasons why.
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Everything you ever wanted is on the other side of fear! Isn't that the truth? In this episode, you'll learn how to conquer your fear so that you can live the life you deserve!
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Most people have dreams. Some people turn these dreams into goals by adding a deadline and action steps. But very few people take action.
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I bet you can read 10 books per month or 100 books per year! It’s actually quite easy. In this episode, you'll learn how to read more books with this one simple trick.
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Most people want more success in life. But how do you achieve success? What are the steps to success? Listen to this episode and discover the 3 steps to success in life.
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Sh*t happens. And we all make mistakes. I made a big mistake earlier today, and in this episode, I'll tell you how to learn from our mistakes and move on. After all, learning from mistakes is part of life. If you don't learn from your mistakes and move on, you will be stuck in life.
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This weekend, heard the best advice ever given. I was in Jensen Beach, FL at a sailing regatta with my kids. And on Sunday morning, the coach gave the best advice ever given about life.
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Millionaires and Billionaires think differently than most people. But what exactly do they tell themselves? Here are 5 things successful people do every day.
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If you don't plan your life, somebody else will do it for you. And guess what they have planned for you? - Not much. In this episode, you will learn about planning for success in life.
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If you can dream it, you can do it. And how exactly do you make this a reality? Setting goals is the first step in turning the invisible into the visible. Listen to this episode for some great motivation!
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There are some things rich people do that poor don't. How many of these success habits have YOU already implemented in your life? Listen to this episode and find out the things rich people do.
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Successful people think differently than people who struggle. But exactly are these habits of highly successful people? That's what we're going to discuss in this episode.
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In all my years of trading, I have never seen a trader jumping from Stage 1 to Stage 4. Every trader I know went through these 4 stages of a trader. Discover these stages and learn how to become a profitable trader - step by step.
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Many people are focusing on SETTING goals, but what do you need to do to actually ACHIEVE your goals? Listen to this episode to learn the quickest way how to achieve your goals.
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This morning, I was at the dentist and on the TV in his office, there was an episode of "Friends." This reminded me about my younger self 20 years ago. And here are the 5 life lessons I wish I knew 20 years ago.
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Sometimes traders get tempted to move your stop loss to give the trade "a little bit more room." Here are some tips that will help you to stay focused.
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Today, we are going to talk about the ONE thing you can do to make more money every year. This is Part 4 of our series "Millionaire Habits 2019"
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Which is more profitable: swing trading or day trading? In this episode, you'll learn the difference between swing trading vs. day trading and which is more profitable - base
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Many people set goals, and then they struggle to follow through. In this episode, you'll learn a simple way for following through with your goals.
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In this episode, you will learn a simple 3-step system on how to deal with information overload. These days, there’s so much information available: YouTube, Facebook, Google, email. And it’s easy to get overwhelmed with all this information. Listen to this episode to learn the simple 3-step system on how to deal with information overload.
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In this episode, you will learn a 5-step system that helps you to get what you want in life. Most people know what they want, but they don't know how to get it. This episode will help you to gain clarity on what you want and how to achieve it - FAST.
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There's a huge difference between a "day order" and a "good till canceled" order. In this episode, you'll learn what these orders are and when to use which order.
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There are a lot of "financial planners" and "financial gurus" out there who tell you to do this ONE thing. They say "if you do this ONE thing, you can retire rich" - and they are dead wrong! Listen to this episode and find out why this ONE thing is really bad financial advice, and what to do instead.
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As humans, we are skeptical. However, if you let your ego get in the way, you will never succeed. One of the success habits of millionaires is to "suspend your disbelief" - even if it is just temporarily. Watch this episode to see how to do it.
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Right now, there are ads and emails floating around claiming that "regular Americans can receive Federal Rent Checks of $1,795 or more every month!” So, what are these "federal rent checks?" In this episode, I explain what they are and whether this is real or a scam.
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Success is waiting for you - but you have to get up and get it. Success won't come to you unless YOU pursue it. Listen to this motivational episode and then go and make it happen!
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Are there any trading secrets in the stock market? And if so, what are they? Here are 5 hard facts about the stock market I wish I knew when I got started. Learn these secrets of trading and become a better trader!
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There are 2 things that determine what you do, what you wear, how you look, how much money you have, your relationships...
In this episode, you will learn these 2 things that determine what motivates you.
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Do you know the difference between a bull market and a bear market? Sometimes it gets confusing. Even I got confused in the beginning. Listen to this episode to learn the difference between the two.
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What is the mindset of a winner? Successful people think differently than most people and that's why they're successful. Don't settle and become "civilized" with your life. Expect victory and make this a lifestyle! Listen to this episode for some kick-in-the-butt- motivation!
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People say that 90% of traders lose money in the stock market. Some say it's even 95%.
In this episode, you'll learn why most traders lose money and what you can do to avoid it.
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Here are the 5 best ways to motivate yourself. Sometimes it's hard to get motivated. So, what's the best way to motivate yourself to take action? Listen to this episode and find out!
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What is after hours trading? Does it make sense trading stocks after hours? Some people think that they have to trade after hours because they are so busy throughout the day, but you don't have to participate in extended-hours trading just because you have a job. In this episode, you will learn how to trade stocks, even if you're busy throughout the day.
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As a trader, you might experience emotions in trading like GREED and FEAR. And sometimes even frustration and disappointment. In this episode, I explain an easy way to manage your thoughts and emotions.
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When you're trading, you need a broker! But who's the best stock broker? What's the best stock brokerage for beginners? How do you find the right stock broker?
In this episode, I evaluate 6 different brokers using the following criteria:
- Commissions for stocks
- Commissions for options
- Quality of trading platform
- Quality of customer support
- Minimum account requirements
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Watch the video here:
https://youtu.be/Jm2V3fKrkes
When you wake up in the morning, you have 2 choices:
A. Go back to sleep
B. Wake up and chase your dreams.
What do you choose? - Listen to this for some great motivation!
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LYFT IPO News: Lyft started trading on NASDAQ and immediately plummeted. On the 2nd day of trading, LYFT is already trading below its IPO price. Is the LYFT IPO 2019 a flop? And will LYFT recover? In this podcast, Markus compares the LYFT IPO to other popular IPOs - and it's shocking!
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Many people like to use this strategy to generate passive income. So, what is "Dividend Investing For Income?" What are the pros and cons? And does it make sense to pursue dividend investment for passive income? Find out on today's episode.
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Losses are part of trading, and in this episode, I'll share some tips on how to deal with losses in the stock market.
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In this video, you'll learn about the 3 things you need to become a successful trader.
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It's important that you know when NOT to trade. So, what are the rules? When should you take a trade and when not? In this episode, I'll explain how to decide when to trade and when to skip a trade.
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Start your day with some quick inspiration! I posted one of my favorite quotes on Facebook and I wanted to not only share that with you but also share the recent story I read on how Sylvester Stallone got his role in the movie Rocky by simply believing in himself, even after he was turned down multiple times due to his birth defect.
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Here's a dangerous trend that forces 24% of parents to put off retirement. It's already affected retirement planning in 2018, and it seems that this year, it could get worse.
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Moving from Germany, away from my friends and family to pursue trading was a huge risk that I took, but it was so worth it. Sometimes, you just have to take risks in life to achieve the extraordinary. In this episode, I explain the three types of people: risk averse, risk tolerant, and risk seekers. Which one are you?
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Are worried about possibly losing the money you have set aside for your trading? If you are new to trading, the first thing I recommend doing is starting on a simulator and in today's episode, I explain why this is so important.
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Think or Swim Paper Money:
https://www.thinkorswim.com/t/index.html#!/pmregister
Do you want to start trading, but are unsure how much money you need in order to get started? In this episode, I discuss the minimum amount of money you need, what types of trades you can do with each dollar amount whether it's binary, options, or futures, as well as how long it will take to make a worthy profit.
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How much money can you make day trading? I talked to a friend of mine who asked me this and in today's episode, I explain how much money you can realistically make with trading, starting off with reasonable expectations. Most traders fail because they set their expectations way too high and that is a huge mistake.
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This episode is an introduction of who I am and what this podcast will be about. You'll hear the story of how I started trading and the struggles I faced while working at a corporate job before I pursued trading full time.
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