EPISODE 3; The Bull
Returns of this trade: This trade earned about $1,700 profit or about a 6% return in about 30 days.*
Description of this trade: The Bull is an amazingly simple trading strategy, but don’t let that simplicity fool you because it has a very impressive performance history of averaging 24% per year return annually since 2002 on the Russell 2000 index.*
Minimum Capital Required: $2,750 per trade**
Example size: $27,500
Profit Target: None
Exit Loss Trigger: 9% or $2,500 for this example
Entered Trade: A bullish vertical entered on the Wednesday that is closest to 65 DTE (Days To Expiration). We look for a 30 point spread that gives us about $2.50 of credit.
Trade Duration: Approximately to 30 days
Trade Adjustments: None
Overlapping Trades: None
Why do we love this trading strategy? I love the simplicity of this trading strategy.
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LEARN THIS TRADING STRATEGY!
This rule-based strategy has a minimum capital requirement is $2,750 and takes about 5 minutes a day to manage (We also teach a version you can trade with as little as $275 in the FIT Library).** Click here to learn more!
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