Know when to hold ‘em, know when to fold ‘em

Why my favorite recent trade was a near loser.                                                                                                                                                                                                                                                                                                                                                                                                                 Happy Tuesday folks! We’ve had quite a run on the major indices over the past couple of months. It’s actually been INSANE. SPY, QQQ, DIA, and IWM have all been soaring and may have some more room to run. Well…maybe not run, but at least crawl a bit higher. Earnings haven’t been too shabby—just sort of a mixed bag of beats and misses. The market’s likely to see some consolidation around its current level before it continues up or there’s any sort of major pullback. Let’s take a closer look at this…and how to trade it. ✏️Numbers I Need: I don’t believe earnings this week will have any major impact on the market. Sure, we do have some economic data coming out. ISM Services PMI, non-farm payrolls, and unemployment rate. But I don’t foresee any market-moving surprises. Stocks just need to catch their breath. If I sprinted uphill that far, I’d need a break too. I anticipate a bit of choppy sideways action before we head higher. The sort of bobbing and weaving that makes direction VERY difficult to read. Notice how it looks on the SPX chart. It’s known as bullish consolidation. No massive runs up or down, just a bunch of head-fakes. The kind of action that can sucker you into going long or short right then nails your stop losses. My god, that’s frustrating. Are there any trending stocks? Absolutely, you just have to look a bit harder for them. But this is the perfect time for selling options, something I do regularly in [Alpha Hunter](. ⚡Most Exciting Action: Selling options (credit spreads) is a cornerstone of profitable trading. I like it because it lets me profit even in flat, volatile markets. When stocks get stuck in a range, the higher probability trade is a credit spread. I don’t really have to pick a direction. I’m just betting on where the stock won’t go. And as the seller, I’m getting paid as the options lose value. It’s like collecting rent. In [Alpha Hunter](, this is our core strategy. BTW - If you want to get started with me right now, you can join for 50% off with coupon code “alpha50”! And it’s allowed me to win nine trades since July 12th, including 80% on MELI, 52% on RIVN, and 23% on UPST, as you can see from my [trading journal](. It’s a MUST-HAVE method for your trading arsenal. ✅Past Alert Update: Of the trades I listed, you’d probably think I’m happiest about the 80% win. You’re wrong. It’s the 23% winner on UPST that I’m most proud of. Here’s why. I alerted [Alpha Hunter]( subscribers about this trade on Jul 20th and closed it four days later. After I put on the trade, everything looked fine. But on the 20th, I noticed the hourly chart starting to break down. The trade was moving against me. I wanted 50%, but I had the discipline to take profits early. One of my golden rules is: “Never let a green trade turn red.” Folks, there’s nothing worse than watching potential profits go away. I’d rather get less profit than take any type of loss. My rules were set, and as much as I wanted to hold on, I followed them. Always do the same with yours. Never let emotions cloud your judgment - stick to your plan. To follow EXACTLY what I’m looking at and see which trades I’m making, join [Alpha Hunter]( today and take advantage of our limited time 50% discount. All members get exclusive access to: - The Alpha Chamber - Live analysis, trading, and chat - Detailed Trading Plans - Direct to your inbox every single day - Alpha Pulse E-Book - Learn HOW to sell options the right way - Every trade I take via instant app alerts. [Click here to claim your 50% discount coupon with “Alpha50”]( To your success,  Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull  DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull.com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers. RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. Update your email preferences or unsubscribe [here]( © Bullseye Trades 62 Calef Hwy. #233 Lee, NH 03861, United States