Issue 85: This one hit home - Masters in Trading Digest

This HIT CLOSE TO HOME

The mass shooting in Highland Park, IL happened in my hometown, just a few minutes away from my home.

We were at a baseball game 30 minutes away.  

Two of the boys on the team live in Highland Park and had planned to attend the parade after our game.

We are all good; just shook up. 

Unfortunately, other people close to us were not. We are devastated for the families and the whole community, our community. When events like this happen it is hard to talk about, and there are never the right words to express the heartbreak we have right now, but I needed to let you know that we feel your support.

In Tuesday’s member session I took time to thank the many who reached out to check on the Rose family.  Thank you, we genuinely appreciate each of you.

Here’s a video clip from our call on Tuesday where I was showing everyone just how close it was.

Stay safe everyone.  Life is precious.

SPECIAL ANNOUNCEMENT

We are having our first Financial Independence Summit on July 13th, 2022.

Financial Independence Summit – Trading the 6-Month Profits

 

The Summit will go over a detailed plan to prepare and manage risks for the next 6 months.

The Masters in Trading membership shares trades that take advantage of events days and weeks ahead.

The Independence Summit will look 12 months ahead, and really focus on developing the strongest risk vs reward plan over the next 6 months.

We will accomplish this through an active discussion on July 13th between our trading experts.

After the Summit, we will deliver a trading plan to all participants on where we see opportunities, and what risks we are most concerned about.

Here's what to expect.

  • Get real trading advice from experts usually reserved for the hedge fund set, including Jonathan Pablo Lucena, and Stacy Brovits, CFA
  • Learn how to take advantage of a bear market and come out of it with stronger financial and mental clarity
  • Find out how to front-run huge trades in new hot sectors, straight from the leaders of Unusual Options Activity options trading
  • Take away tips on building wealth and happiness from the coaches, members and your peers who know investing in yourself pays off in dividends-both for your portfolio and personal well-being
  • Join a community with experts at the top of their trading and investing game ready to welcome you with open arms

This Friday is Nonfarm payrolls (NFP)

“Nonfarm payrolls is the measure of the number of workers in the U.S. excluding farm workers and workers in a handful of other job classifications. This is measured by the Bureau of Labor Statistics (BLS), which surveys private and government entities throughout the U.S. about their payrolls. The BLS reports the nonfarm payroll numbers to the public on a monthly basis through the closely followed “Employment Situation” report.” – Investopedia

We are about to see a glimpse of the impact an aggressive .75% rate hike from the Federal Reserve has on the stock market when the Labor Department releases monthly jobs data this Friday.

Expect the market to move big once the short term VIX9d confirms a direction.  

This will be my focus immediately after NFP release, the moves to anticipate:

  • If VIX9d down = /ES Futures Up
  • If VIX9d up = /ES Futures Down

As floor traders, we would prepare for post-NFP trade expecting 3 fake-outs before a direction is confirmed.

More on this in our member discord.

Masters in Trading Digest - Issue 85

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FINAL THOUGHTS

WHAT TO EXPECT IN THE NEXT MIT DIGEST

The next issue will be released on Friday. We are going to share more reasons why you need to be a part of our Financial Independence Summit coming up on July 13th. This is exactly what members have been asking for, don't miss out!

Until then, trade smart and always manage your tail risk.

Thanks for reading,
Jonathan Rose

P.S. Don’t delay your decision to grab your copy of Options Trading Secrets for much longer.  Because like I’ve been saying, this free resource is only available for a limited time.  Here’s a sneak peek of what you will learn: 

  • CBOE Market Maker shares the reality behind how market makers value options – an important perspective for all traders. (Page #06)
  • How to quickly find the odds to see if your option position will become profitable – this is a must-know. (Page #12)
  • Position Management Tips – Imagine turning losing trades into winning trades and now learn about Scalping Gamma (Page #11)
  • The little-known trick professional traders have been using for decades to simplify the analysis of any options position… even if it’s weird, confusing, or complicated (Page #19)
  • Express yourself as intended – Are you Bullish, Bearish, Long Volatility, or Short Volatility?  This resource is meant to be saved. (Page #21)

 

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