You are welcome!
How many newsletters that you read give away free trading ideas that make $1,000 per contract in just 48 hours? I'd say none but this one because I read A LOT of newsletters and, frankly, they mostly suck. That's why I started Philstockworld in the first place – I subscribed to all these people who sucked and it occurred to me I could do a much better job – and here I am!
We even went over this trade (still playable) in our Live Trading Webinar on Wednesday afternoon – it was the only trade we made (see replay here) as it was, by far, the best trade idea we could find. In Monday's post we also gave away, for free, an SDS hedging idea that I'm sure will come in handy today. If you'd like to have the PSW Report delivered live, to your mailbox, each day before the market opens – it's just $3 per day - I'm sure you do much dumber things for $99/month than miss out on great trading ideas that could actually make you money, right?
If you are a more serious trader, you might like our Top Trade Alerts – which we reviewed last weekend with 16 winners out of 18 trade ideas in March and April – and that brought DOWN our perfect score from January and February (sorry).
Usually our morning posts are simply a macro overview of the markets, focusing on whatever I feel is important to talk about that day. Recently, it's been all about the Brexit along with all the other Global nonsense that finally drove us to cash out many of our winners from our Long-Term Portfolio on Tuesday. Since we did not reduce our hedges in the Short-Term Portfolio (or the Option Opportunity Portfolio) – that left us fairly bearish heading into the UK's June 23rd vote and we sure haven't seen many things we've wanted to add this week while we wait – so we amuse ourselves with some fun Futures trades.
I have often said that you NEED to have that Futures tool in your toolbelt and, also on Monday, we put up…
