First of all, there are two proven portfolio management maxims: 1.) Never risk more than 0.5% - 2% of your total account in any one position and 2.) never risk more than 8% of any particular trade at the outset, and adjust upwards. (more…)
One thing to realize is that RadioActive positions are much longer term; you might set good-til-canceled order to execute one of the Income Methods and just check every now and again to see if your order fills. (more…)
Covered calls and cash secured puts are not bad strategies or snake oil. But, they do have some flaws. If you had your entire net worth in them over the last year, and you wanted to retire in 2008 or 2009, it would probably be hard, since most stocks are down 20 to 40% this year. (more…)
We have done some research on this…in the webinar the other night Mike pointed out how Kurt did such a good job detailing in the Blueprint how the put option would not lose at a 1:1 ratio as the stock moved up in price. When I set up my initial RPM’s, my stock has a delta of 1 and my put may have a delta of around -.70. If the stock moves up 1 point, I still will have a positive $0.30 gain on the position. (more…)
Proof of success is relative. During the time when the markets have been down almost 40%, the Fission track record never went down more than about 3%. (more…)