Spread Trade Systems did a great job of teaching you HOW to set up trades. You probably understand all kinds of ways to set up calendar, credit, and debit spreads. What they did NOT teach you was position sizing. (more…)
Having less capital is a sign that you should be putting on smaller positions. That’s the plain and simple answer. Using LEAPs for leverage is fine and good for as long as you’re lucky. When luck runs out you find out quickly that leverage works BOTH ways. (more…)
Chris Smith actually bought The Blueprint. I’m okay with his review, except he should be informed that:
1) The Blueprint’s chapters HAVE been revised to name the Income Methods with the traditionally accepted terms, so that part should be eliminated if he wants a current, accurate review and be reminded…
2) The benefit of the married put at the outset is that it defines risk more readily, in a more understandable way for many. (more…)