The Road Trip Trade (RTT) is essentially a Broken Wing Butterfly (BWB) with a no roll risk off adjustment strategy. This strategy is a part of M3 concept, therefore, it makes it hard to “compare”. So I’ll discuss some common differences in the common understanding of each trade. The M3 is a synthetic BWB strategy […]
Stock Options Trading Tutorial
To Trade, or Not to Trade…
…that is the question. Whether ‘tis nobler in the mind to suffer the slings and arrows of outrageous fortune or to take arms against a sea of troubles… Actually, Shakespeare could very well have been writing about trading while on vacation. (FYI, there is no evidence to the contrary.) It seems like no matter what […]
Stock Options Trading for Income with John Locke 3-21-16
Watch as John Locke analyzes the current market conditions and make calls on what is most likely to happen next. Follow along through the sample trades of the Bearish Butterfly, M3, Rock, and Vcondor with adjustments. Questions are always welcome! Join our 30 Day Affirmation Challenge! Create a positive, healthy habit that will improve your […]
Stock Options Trading for Income with John Locke 3-21-16 – Podcast
Listen as John Locke analyzes the current market conditions and make calls on what is most likely to happen next. Follow along through the sample trades of the Bearish Butterfly, M3, Rock, and Vcondor with adjustments. Questions are always welcome! Join our 30 Day Affirmation Challenge! Create a positive, healthy habit that will improve your […]
Trading Enough, And Time…
I recently had the honor of being selected as Trader of the Month (got The Hat!) and was asked a really excellent question at the end of the webinar. Alas, my response was mediocre. Happily, I have this opportunity to expand upon my thoughts and hopefully redeem myself. The question was how did I define […]
Asking for Directions
When you find yourself in a foreign land or in an unfamiliar area of town, do you ask for directions or do you just try to plow through the situation using pure instinct? Personally, I prefer to wing it, which doesn’t make my wife happy. Sound familiar? Putting a little cultural color into this blog, […]
