The Truth About Trading

Will the stock market crash in May 2021?Over the past few days, the markets have been plunging.So THIS is a question that many people are asking: Will we see a market crash in the next few weeks?What will happen in the stock market?In this video, I will talk about exactly THIS:What is the likelihood of a stock market crash in May 2021?Do you need to worry?And how can you prepare for it?Recommended Videos & Links:Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3VqTradier: https://rockwelltrading.com/broker  How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8 

You are probably wondering, "options trading vs. stock trading: which is better?" This video will cover the 7 topics that you want to know about options trading and stocks.We will cover what is the difference between buying stocks and options, which is better (for you), which is more profitable, how much money you need for either, and the risks of both.Recommended Links & Videos:Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/​ Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb​Account Updates Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2kQMFb5UaY9mLx8kH7MOye0 

I'm currently trading two strategies:- Strategy #1 is The PowerX Strategy- Strategy #2 is The Wheel StrategySo when is it best to not trade stocks? When is it best to not trade options? When should you not trade at all?There are days and even sometimes weeks in the markets, where the best thing to do is sit on your hands' (i.e. do absolutely nothing). On an average day, The PowerX Optimizer (my proprietary trading software) will provide me with around 8 potential trade setups. The beauty of the system is that it takes your ego completely out of the picture.What do I mean by that? Well, it's simple really. I've paid a team of developers to program my trading plan and money management system into this piece of software I've named the PowerX Optimizer. It doesn't care about news, tweets and it never has days where it's in a good mood or bad ;)What do I look for in a stock:- Looking for huge gaps in the stock- Trendability to both the upside & the downside- How this stock performed over the past year had I be

How does earnings season can impact option trading? Earnings season happens four times a year, and is when corporations reveal their financial results for the previous quarter. Results of a company's earnings report can have a major impact on the stock price, and options will often price in the expectations before the event so it's likely that options premiums are more expensive.

People often ask me, "How much money do you need to trade options for a living?" In today's episode I will show you how to figure all of this out so you can start working on a plan to accomplish these goals, and figure out how much buying power you need to be able to trade options for a living.

Trading is fun and every trader is happy when trades are moving in the right direction. But when a trade goes against you, you will experience a lot of emotions: Fear, anxiety, regret, doubt, maybe anger ... and these emotions in trading can lead to some bad decisions that could kill your account. I want to show you how to deal with your emotions and how to control your emotions in trading so that you become a more relaxed trader.

I want to go over three very specific set things that helped me to become a much better trader.

As most of you know, I'm currently trading two strategies: The PowerX Strategy, and The Wheel Strategy. People often ask me, "How do you find the right trades for these strategies?" I will answer that in today's episode. I have a 3 step system for finding the best trades, every time. It's been working great for me, and I will show you how I found 2 great trades, just this morning.

One of the things that I've learned over the years for goal setting is I don't create a plan of action for everything. Backward Planning: Start with your goal in mind, and work your way to the beginning. Create a detailed step-by-step plan of what to do. Problem: What do you do if something goes wrong?

Are you looking for the best brokerage account 2021? One of the biggest questions people have is "Which brokerage should I use?" And finding the best brokerage account is one of the most difficult decisions for new investors. In this episode, I will share my top pick for brokers and show you how to find a broker that meets your needs.Full Episode on YouTube: https://youtu.be/kzinSHgX848Recommended Links & Videos:Sign Up For A Tradier Brokerage Account: https://rockwelltrading.com/brokerTrading Taxes Explained: https://www.youtube.com/watch?v=laMtU3KFzSITrading with Margin: https://www.youtube.com/watch?v=UHy84SOGl4Y&feature=emb_logo Show Notes are posted in our free member's area under Coffee with Markus. You can register here: http://rockwelltrading.com/app

In this episode, I'm going to show you how you can start trading options without any prior experience. In this episode, I am going to talk about the basics of trading options in detail. Unlike other episodes on YouTube that just say "options are good," or "you should trade options," I am going to break down all the steps involved with a beginner's approach so that anybody could do it.

In this episode, I will show you the most important things to consider BEFORE buying any trading course. This is NOT a sales pitch for any particular course but rather and an unbiased opinion of what you should be aware of if you think about buying a trading course.

Options trading is fascinating, and it can be VERY profitable. In fact, I just released an episode of how I made $52,138 in 8 weeks of trading options. But there’s also a downside to it, and not everyone knows the risks. With confusing terms like "puts" and "calls", some of the most basic things can seem overwhelming at first glance. But don't worry! This episode will break down everything for you, In this episode, I'm going to show you the risks of options and what you need to know when trading options.

They say that 90% of traders lose money, and I'll explain why are clear in this episode. I'll share the tops trading mistakes you want to avoid if you want to be one of those 10 percent that make it!

Options trading can be a great way to make money, but it's important to know when you should take profits. How do you know when to take profits? Is there a formula for it? In this episode, I share some guidelines for how and when you should take your profit on an option trade. And we will answer the question should you let options expire or take profits early?

Right now, I'm having a $25,991 losing trade in my account. I know this is going to sound like a broken record, but managing losing trades is one of the hardest things about trading stocks and options. It's especially difficult when you're on a run and had a bunch of winning trades, only to see it erased in a matter of days in a trade that goes against you. This episode, is about how to manage losing trades.

Do you want to learn how I made $52,138 in 8 weeks trading options?

The Wheel Options Trading Strategy is a powerful trading strategy, & it can be fairly low risk if you know what you’re doing. I'll show you how it works & what you need to know before you start trading it. In this episode, I’ll give you a complete squad of trading tactics based on questions I received.

You might have heard me talking about "rescue missions" when a Wheel Strategy Trade is in trouble. In this episode, I will show you exactly what that means and also talk about more wheel strategy tips, e.g. trading the wheel option strategy, trading the wheel in a down market, and several the wheel option strategy example.

The Wheel Options Trading Strategy is a powerful way to generate income with options. The most critical part of this strategy is finding the best stocks. If you are trading the right stocks, THIS is one of the best trading strategies that I know. But if you are selecting the wrong stocks, it could be a disaster.