Smb options tribe_3_26_2013

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  • 1. March 26, 2013
  • 2.  Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.”
  • 3.  The ROCK is a trading strategy that was extracted from the Checkmate Trading System which utilizes the ROCK along with the M3, the Bearish Butterfly and several other techniques to give you the ability to adapt your trading to anticipated market conditions. The ROCK Trade is shown as a standalone position that may be used as a regularly traded 30 day, concept based, market neutral strategy. The ROCK’s main purpose to give you most of the “mechanics” needed to get you to a competency level where, you will be able to trade the M21 Checkmate Trade. The ROCK is considerably more complex than the M3 trade, and it requires previous knowledge of both the M3 and Bearish Butterfly Trades It is NOT for beginners.
  • 4.  The most unique thing about the ROCK Trade is that it utilizes multiple configurations and it swaps back and forth between those configurations as market conditions and DTE change. The trade is actually 6 trades in one! Based on the results of a test, the trade will be entered in, or adjusted to, the configuration or trade that is most likely to give us a high probability of a successful outcome.
  • 5.  This program should be used only after both the Bearish Butterfly and M3 Trade concepts are thoroughly understood as it builds on those concepts and adds multiple new concepts to help further our knowledge of how complex options spreads react. Designed to bring us to a place of understanding where we can get AWAY from rule sheets and think on our own Prepares us for the next level where we will create our own high probability positions with custom rules based on what is happening in the market.
  • 6.  Low IV Entries ◦ March 2013 ◦ January 2013
  • 7.  Planned Capital - $50,000 ◦ Planned Capital may be exceeded Profit Target - $10,000 ◦ Profit Target may be adjusted up or down as trade progresses Max Loss - $10,000 ◦ Max Loss may be adjusted down but will not be increased
  • 8.  Planned Capital - $50,000 ◦ Planned Capital may be exceeded Profit Target - $10,000 ◦ Profit Target may be adjusted up or down as trade progresses Max Loss - $10,000 ◦ Max Loss may be adjusted down but will not be increased