Trading

I am an active trader in the financial markets. I consider myself a “swing” trader, meaning I typically am in a position for 1 week to a month although some options trades I do may last a few months to a year. Currently, I am trading stocks and options and plan to continue educating myself to eventually trade Futures and Forex in the future.

I attend a weekly hour-long “trading lab” with trading master Noah Davidson. i have learned SO much from Noah and am grateful to call him my mentor to my trading.

Here is a strategy I have been trying out lately called a “Slingshot” trade that involves Buying 100 shares of a stock and 2 out of the money call options if you think the stock will go up by at least 1 ATR (Average True Range). When it does, you sell the 100 shares of stock and one of the options immediately with the idea being you you can own one or possibly two of options “Free and Clear”.

Here is the strategy as outlined by Noah Davidson using AIG as an example: