Overview: The April 2016 CIB was closed on March 3, 2016 for around the maximum loss (-$688 Gross, -$805 Net, or a roughly -3.92% return on the sample account). In hindsight, I would have preferred to take a slightly smaller loss and need to be more conscious of commissions when creating a rough loss estimate. Please note […]
Overview: This post tracks the progress of the $SPX April5 2016 CIB Trade and is updated daily. As always, the information is being presented for educational purposes only and this is not a recommendation to take a trade. Additional Information on the CIB can be found here and here and the premium course that covers […]
Big Picture: Quick Note: The March CIB was closed this week and the April trade was opened. You can read a review of the March trade here and/or follow the daily updates for the April trade here. I’m updating the live page on a daily basis with video and written comments. —————————– In the markets and trading, […]
Overview: The March 2016 CIB was closed on February 24, 2016 for around the target gain ($407 Gross, $248 Net, or a roughly 2% return on the sample account). The position was publicly tracked on a daily basis with live video, written comments, and a tracking spreadsheet. In other words, I’m not sugar coating the outcome, […]
The March trade was closed on 2/24/2016 for a 2.04% net gain on total capital. The Live Trade Page for the March trade is located here. Overview: This post tracks the progress of the April 2016 CIB Trade and is updated daily. As always, the information is being presented for educational purposes only and this […]
Overview: In early January 2016, the February 2016 Core Income Butterfly (the trade used February options) was closed and this post is a recap of the trade. The position was short lived and profitable, went through an up move early on, and a down move later in the trade. The market made it outside of the […]