Ok. Before we get started, and since we are talking about investing, I am required to give a quick disclaimer.

The information contained in this web site, manuals, reports, and or purchased educational materials, is for general informational and education. The materials and education is not a substitute for obtaining professional advice from a qualified person.

The author and or any affiliates distributing this information are not engaged in rendering any legal or professional services.

Options have risk. Prior to buying or selling an option, an investor should receive a copy of Characteristics and Risks of Standardized Options.  You should download this document, to know the risks involved in options trading.

Investors must have broker to trade options, and meet suitability requirements.

All examples are for educational reasons. They are not a recommendation to trade a specific position. Therefore, if we talk about IBM, the RUT, SPX or any investment vehicle, are not specifically recommending an investment in that position. Past results are not necessarily indicative of future performance.

These contents are directed to US residents and citizens. They may or may not work in other countries, and financial institutions. Citizens of other countries, and locations, can invest in the USA, with a USA broker provided they qualify (under broker, and or USA government regulations).

Neither the information, strategy, education nor any opinion expressed by the author, constitutes a recommendation to purchase or sell a security, or to provide investment advice. One should consult a registered investment advisor.

The author and company specifically disclaims any liability, whether based in contract, tort, strict liability or otherwise, for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with access to or use of this materials.

The author makes no representations or warranties about the accuracy or completeness of the information contained on in this material.

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Use or reproduction or any of these materials, for any other purpose is expressly prohibited by law, and may result in civil and criminal penalties.

MY Thoughts: Now let me tell you want this really means to me. Don’t try this at home, until you have paper traded the steps for several months. You might also, learn how to do a back test of the strategy. For example, when I first learned this strategy, I did a backtest of 5 years, to prove to myself, I could win 9 out of 10 times. Until you know the rules, how to pick a position, mistakes folks often make, adjustments (when it goes against you), contingency trading,  don’t trade. And NEVER put all your money in to one trading system. Enjoy a great system.

:Double Brace: CFTC Rule 4.41 Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.