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The Car Trade

April 1, 2020 by John Locke Leave a Comment

Can you take the money that was set aside to buy a car and trade with it to earn more than the car payment each month? Yes, you can! That is just what David Heinzen a long-time friend and Pro member did. The video below is his story…

When David was getting ready to write a check to pay for his new car, his brilliant wife spoke up and said, “Can’t you earn more with that money than the interest you are going to pay?” He thought about it for a minute and decided, “Challenge accepted!”

The Car Trade

Armed with his knowledge from the Super Simple Spreads course, David developed his own trading strategy with some inspiration from his friend and fellow trader Cynthia developer of the Party Trade. He knew he could do this! Join our community to chat with traders. (Basic membership is free!)

David wanted a slow moving, tried and true base, low risk trading strategy that he wouldn’t need to watch all day. Something that literally takes him a couple minutes a day to manage. So he chose to model one of the four trading strategies included in the Super Simple Spreads course the Bull vs. Bear for his Car Trade.

During this video, John provides some insight as the author of the Bull vs. Bear trading strategy along with the host and his long-time friend Seth Freudberg, Director of the SMB Options Training Program. Describing the trade type as a bullish vertical with a butterfly behind the money or a Bearish Butterfly against the bullish vertical. Watch and learn more!

If it doesn’t seem simple at first glance, we can certainly make it simple for you! We offer a Fundamentals In Trading library which can take you from no trading experience to understanding and paper trading a in as little as 5 hours. Click here to learn more.

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Filed Under: Successful Options Trader of the Month, Super Simple Spreads, Webinar Tagged With: bearish, bearishbutterfly, bullish, bullishvertical, Butterfly, incometrading, options, optionsstrategies, Seth Freudberg, SMB Capital, SMB Training, SMBU, tradeideas

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