Nick update on a rain filled day in central South Dakota
I have been meaning to update Nick; but to be honest with the recent market movements and the rather knee jerk reaction decisions he made in his marketing plan last week I have been a little scaried to.
Last week he added trades that simply didn't make much sense in staying neutral as they where so one sided and they did do what he intended and that was stop the bleeding but they didn't play both sides nearly as much as he typically tries to.
So today's his adjustments are more in line as to trades he should make; but he has let things get so out of hand that if he was real he would have probably had a heart attach from stress just from calls to his broker and from his bank. When all is said and done his outlook or picture looks great provided his interest expense which is an unknown doesn't bite him.
One does have to question how real it is or could be; as well as is it worth it. But the one thing he does have going is he know exactly where he will be when all of these options or insurance both written and purchased expire at the end of June. It is clear that at X price his account will be worth X.
Take a look and injoy; just please make sure to understand the risks that are associated with futures and options as they are not for everyone and past results don't gtd future results; plus his info is simply a mock character and makes no intention to be any type of recommendation. Call your broker if you want one of those.
Last week he added trades that simply didn't make much sense in staying neutral as they where so one sided and they did do what he intended and that was stop the bleeding but they didn't play both sides nearly as much as he typically tries to.
So today's his adjustments are more in line as to trades he should make; but he has let things get so out of hand that if he was real he would have probably had a heart attach from stress just from calls to his broker and from his bank. When all is said and done his outlook or picture looks great provided his interest expense which is an unknown doesn't bite him.
One does have to question how real it is or could be; as well as is it worth it. But the one thing he does have going is he know exactly where he will be when all of these options or insurance both written and purchased expire at the end of June. It is clear that at X price his account will be worth X.
Take a look and injoy; just please make sure to understand the risks that are associated with futures and options as they are not for everyone and past results don't gtd future results; plus his info is simply a mock character and makes no intention to be any type of recommendation. Call your broker if you want one of those.
