The Truth About Trading

Short selling lets investors bet against a stock, profiting when it falls in price.But how exactly does short-selling work? This podcast covers:- what short selling is, - how short selling works, - the hidden costs, - the risks of short selling, - and what a "short squeeze" is

The Biggest Trading Mistake I Ever Made:No Stock Trading Discipline And PatienceIf you want to succeed in trading, you need 3 things:1.) A Proven Trading Strategy2.) Powerful Tools3) The Right MindsetIf you miss ANY of these 3 elements, chances that you will make money with trading are extremely low. And when it comes to the right trading mindset, you need to have discipline and patience. In this video, you will learn 3 things to improve your stock trading discipline and patience.

Stock Market Investing Strategies For BeginnersDo you want to learn how to invest in the stock market?In this podcast, you’ll learn about 3 different stock market investing strategies that can help you make more informed decisions when it comes time to buy or sell stocks.There are many ways to invest in the stock market but not all of them are good for beginners. In this video, I'll show you investing strategies that are easy enough for anyone - even if you have no experience at all! 

The Covered Call Strategy is one of the first strategies that new traders start trading. Traders might use a Covered Calls on stocks that they have in their portfolio for longer periods of time. For the specific example that we’re going to cover today, we’ll take a look at JP Morgan (JPM).  If you were holding JPM stock in your portfolio before the pandemic, chances are that you are underwater.For the purpose of full transparency, I do not own or hold any JPM stocks. I typically only hold stocks between 5 and 25 days. If you’d like to learn more about my specific trading strategy, check it out here: https://youtu.be/YbViBjP7zGkAnd if you would like to learn more about options, then check out this playlist here on YouTube:Options 101 Course: https://www.rockwelltrading.com/free/options-101-course/

Paper Trading Simulator - Does it make sense to use it?Of course, there is a difference between trading stocks live and with real money or using a paper trading simulator. In this video, you will learn....... the differences between paper trading and live trading... the best paper trading simulator... and where to get it:Think or Swim Paper Money Simulator:https://platform.thinkorswim.com/platform/index.html#!/pmregister

We've talked about How To Trade A Vertical Spread, Call Debit Spreads, Put Debit Spreads and Put Credit Spreads. What I like about Debit Spreads is the reduced cost and they reduce the "break even."For this example, I'm using tastyworks.I use the PowerX Optimizer to find the best stocks to trade.When trading there are 3 things you need to know:1) What to trade2) When to enter3) When to exitTGTX:- Enter at 20.43- Expecting stock to go as high as 25.37 (profit target)- Stop-loss set at 18.61The PowerX Optimizer told me: -Trade the 20 call w/ an expiration of 8/21.- Spend no more than 2.10 when buying this option.- Max Risk = $210 (you can't lose more than you pay for the call)- Max Reward = Unlimited- Breakeven = $22.41Here's what I did:- I sold the 25 call for 0.50- My cost is now 2.10 - 0.50 = $1.60 ($160)- Max Risk = $160- Limited if the Stock reaches $25 or above.- Breakeven = $21.60- Reward Cap = if stock reaches $25 or above.So by trading a spread here, we reduced our cost and breakeven.Recommended Videos

Today, we will talk about what Meme Stocks are since everyone is talking about them. We will also talk about “How to find the next Meme stock that explodes like AMC or GME.”Recommended Links & Videos:PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJbA Boomer's Guide To WSB Lingo: https://www.youtube.com/watch?v=JSiJJLdpOvY&t=0s Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ PowerX Strategy Book: https://bit.ly/2wMQ7zWHere's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXs&t=0s

In today's podcast, I will answer the most frequently asked questions about the PowerX and the Wheel Strategy:- What are the best settings for PowerX? And why do you recommend LONG trades only?- How do you pick the best stocks for the PowerX Strategy and The Wheel Strategy?- What happens if the market crashes?- What account size do you recommend for the PowerX and The Wheel strategy?- When is the best time to trade? Do I have to watch the scanner all day?Recommended Links & Videos:Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPBPowerX Strategy Book: https://bit.ly/2wMQ7zWMeme Stocks: https://www.youtube.com/watch?v=mQPl0QzzHJU&t=0sRockwell Merchandise: https://store.rockwelltrading.com/My Trading Routine: http://www.mytradingroutine.com Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJbOptions Trading 101: https://bit.ly/2V7Nf9T

In today's podcast, we will talk about “Rolling A Covered Call Option”Rolling a covered call is a strategy where you buy back the call that you sold and sell another call option - usually with a different expiration date - at the same time. Today, will discuss the Why, When, and How:1.) Why would you roll a covered call?2.) When Should You Roll a Covered Call?3.)How To Roll A Covered Call?-Rolling up and out-Rolling down and out4.) Can you roll a covered call forever?Recommended Links & Videos:Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJbPowerX Strategy Book: https://bit.ly/2wMQ7zWPowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPBRIDE Trade: https://www.youtube.com/watch?v=B1nfc2LP-icTrading Taxes Explained: https://www.youtube.com/watch?v=laMtU3KFzSIPattern Day Trader Rule Explained: https://www.youtube.com/watch?v=bZaHtJc6TJ4

Today, we will talk about “Death Cross and Golden Cross” since it's a super hot topic right now. Bitcoin just made a Death Cross. So what is it?And how can you use it in your trading?Recommended Videos & Links:PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB PowerX Strategy Book: https://bit.ly/2wMQ7zWWheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJbSoftware Special: https://www.rockwelltrading.com/master Trading Taxes Explained: https://www.youtube.com/watch?v=laMtU3KFzSI&t=0s

Let’s talk about my current trades. On Friday, I got assigned in 4 stocks, so I will tell you what exactly I did this morning.Recommended Links & Videos:PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPBWheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJbA Boomer's Guide To WSB Lingo: https://www.youtube.com/watch?v=JSiJJLdpOvY&t=0sWheel book: https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbW56TkQ5SVUzZ2tXbXNnM3NvZk5fS00xcDVyd3xBQ3Jtc0ttOWQ3a291akE2ZkN6YlozUU5JbGZDTF9XT3JaNmlYaHZEc19ZaWhmUlY3a01vcDAxd29ybktmN0xlWk9DVVhyY3dFYUJ1Uzl3WURtYUNudm8tNzl3R3c1NVQweUdVbGRXZFVjMUg0S19HZHBfeThNZw&q=https%3A%2F%2Fwww.rockwelltrading.com%2FwheelbookPowerX Strategy Book: https://bit.ly/2wMQ7zWHere's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXs&t=0s

Currently, I’m assigned with 2 stocks: RIDE and LVS.And I might get assigned on 2 other options positions where I sold puts:AA at $35 per share (it's down more than 6% today!) and CWH at $37.50 per share (it's down more than 4% today!)According to my plan for the wheel strategy, I should have no more than 5 open positions. So what do I do now?What if I'm getting assigned the 2 stocks tomorrow?Does this mean I can only trade 1 new option next week?In this video, I'll show you exactly what I'm planning to do. Recommended Links & Videos:Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8 Wheel Strategy: What To Do When You’re Assigned: https://www.youtube.com/watch?v=K_zBGpLrO34 Is Trading Forex Worth It? https://youtu.be/HXrP7uHLWLkWheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/PowerX Strategy Book: https://bit.ly/2wMQ7zW

TradingView is an online charting platform that allows traders to share their ideas and insights with other traders worldwide. It's also a powerful tool for technical analysis, backtesting strategies and automated trading systems development. You can use it on your desktop or mobile device - wherever you are!But it's easy to get overwhelmed. In this TradingView Tutorial For Beginners, I'll show you the best tips and tricks so that YOU can become a TradingView expert in 30 minutes or less.Recommended Links & Videos:How To Setup TradingView For The PowerX Strategy: https://youtu.be/kyoSU8mbx8gTradingView Stock Screener: https://www.youtube.com/watch?v=yBiyda-Nykk&t=0sTradingView: https://rockwelltrading.com/tradingview Here's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXsWheel Book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ Best Brokerage 2021: https://www.youtube.com/watch?v=kzinSHgX848&t=0s

On June 15th, Hindenburg struck again, this time targeting popular sports gambling and fantasy sports company DraftKings (DKNG).Some well-known investors in DraftKings include Walt Disney (DIS), WWE (WWE) owner Vince McMahon, and owner of the New England Patriots, Robert Kraft. DraftKings also has lucrative partnerships with the NFL, MLB, NHL, NASCAR, UFC, and the Dish Network.A lot of potential brands could be hurt by these allegations if proven true.Wood is well known to target companies she likes long-term that are beaten down. Some examples of this include her continued support of Coinbase (COIN) and Teladoc (TDOC) during their prolonged dips.How much DraftKings did Wood buy? She added $42 million worth or 870,299 shares following Hindenburg’s report. The stock now represents the 19th and 17th largest holdings in each ETF respectively. … Who will win?Judging from DraftKings’ rise the next day, it looks as though Wood and Ark Invest have taken round one from Hindenburg. 

Ride Lordstown Stock - What a CRAZY Ride!I entered the stock when I was stuck in Florida during the ice storm in Texas - and it's probably my worst trade ever!And oh boy... this stock is taking me for a "RIDE":In this position, I went from a $90,000 loss to making a profit - ALMOST!I was ready to take profits when the stock tanked - AGAIN. In this podcast, I'll share with you what exactly I'm doing right now. Recommended Videos & Links:How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8&t=0sThe Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3VqThe PowerX Strategy Playlist:  https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPBGet Your Copy of The Wheel Book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ 

There's no doubt: When the Tesla CEO Elon Musk tweets about Bitcoin, he is moving the largest cryptocurrency in the world. In fact, in May 2021, Bitcoin's market cap exceeded 1 Trillion Dollars!

AMC Stock up 3,000% -  Hedge Funds suffer $5 Billion LossTo get the transcript and MP3, go to: https://www.rockwelltrading.com/coffee-with-markus/amc-stock-up-3000-wallstreetbets-victorious/IMPORTANT: I was informed that I was wrong: The Reddit Forum /r/amcstock is responsible for the Short Squeeze and NOT WallStreetBets. I apologize for the mistake.What Is Going On With AMC?: Who Is Buying AMC?: What Is The Highest AMC Has Been?: How High Can AMC Go?: Is AMC Losing Money?: Should You Buy AMC Shares/Am I Buying AMC?: MC Stock - Here's what you need to knowWe will talk about the 12 most commonly asked questions around AMC stock:1.) Why is AMC stock so high?2.) Who is buying AMC stock?3.) Did AMC sell more shares?4.) What's the highest AMC stock has been?5.) Can AMC really hit 100,000?6.) Is AMC a good buy?7.) Is AMC losing money?8.) Will AMC go out of business?9.) Will AMC go up tomorrow?Recommended Links & Videos:The PowerX Strategy: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB

Bitcoin Crash 2021Last week, the cryptocurrency markets crashed by 50%. What's next?Why is Bitcoin crashing? And is Bitcoin still a good investment? That's what we're going to talk about in today's video.Recommended Links & Videos:How To Find The Best Stocks For The Wheel Strategy: https://www.youtube.com/watch?v=nHkZNLR2P2YWheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ PowerX Strategy Book: https://bit.ly/2wMQ7zWTradier: https://rockwelltrading.com/broker  PowerX Optimizer: https://powerxoptimizer.com/ 

Picking the right option strike price is extremely important. As you will learn in this podcast, it will affect your returns and it could even make or break you in the market.In this podcast, you will learn... - what a strike price is, - the different intervals for strike prices, - how to pick the right strike price, ... and much more. Recommended Links & Videos:Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ PowerX Strategy Book: https://bit.ly/2wMQ7zWWhen To Take Profits On Options: https://www.youtube.com/watch?v=j-iB_hPjbcEPattern Day Trader Rule Explained: https://www.youtube.com/watch?v=bZaHtJc6TJ4

You might have heard the saying "Sell in May and go away."It is an old investing adage that has been around for decades, but does it actually work?In this blog post, we are going to find out what's best to do.We will discuss: What is the meaning behind "Sell in May and go away?" Does sell in may and go away work? Should you sell in may and go away? Two reasons not to sell in May and what to do instead. Recommended Links & Video:How I Find The Best Trades (3 Steps): https://www.youtube.com/watch?v=VgAWxeDMoes How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8Best Brokerage 2021: https://www.youtube.com/watch?v=kzinSHgX848Here's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXsWhen To Take Profits On Options: https://www.youtube.com/watch?v=j-iB_hPjbcE&t=0s