EPISODE 7; The Super Bull
Returns of this trade: This trade earned about $800 profit or about 80% of the example size 65 days.*
Description of this trade: The Super Bull is an extremely simple, high probability trading strategy, that was designed to be traded on the Russell 2000 (RUT) or the S & P 500 (SPX) indexes.
Minimum Capital Required: $1,000 per trade
Example size: $1,000
Profit Target: 100% or $1,000 for this example
Exit Loss Trigger: 100% or $1,000 for this example
Entered Trade: Bullish Vertical at 65 DTE (Days To Expiration) in a manner where the total potential profit and total loss are about equal (there are some variations in the full guidelines in the Fundamentals In Trading or FIT Library)
Trade Duration: Up to 65 days
Trade Adjustments: No
Overlapping Trades: Yes
Why do we love this trading strategy? It is very simple and it rarely needs to be monitored.
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The Super Bull is one of three simple trading strategies that is taught in the Fundamentals in Trading or FIT Library which is available to all our GO and PRO members.
This rule-based strategy has a minimum capital requirement is $1,000 and takes less than 5 minutes a day to manage. Click here to learn more!
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Become a GO or a PRO member to follow this trading strategy on the Options Trading for Income by the Guidelines weekly webinars. This trading strategy is for Trading Success Blueprint traders in Stage 2 and above to focus on.
