Winning

Winning

Are you a Millionaire in the Making?

How to add a few more zeros to your bank balance

Tuesday, June 30, 2015

About Risk: Avoid it and Perish

There are some people out there that don't prefer risk. They like to play it safe. Have a safe job, don't rock the boat, keep your head down, take the paycheck and make it through another day. Living like this is dangerous, almost as dangerous as being a thief or a bank robber. While the difference is pretty apparent at first glance, you are really stealing from yourself. Our ancestors didnt play it safe. They came over to this country and were...

l see a last minute deal and Cubes Forecast for Wed.

I dont know what it is, but I see both sides furiously working on the Greece issue, and I think something is gonna be hammered out at the zerio hour. As of 1am, the deadline passes. But I dont think that Germany wants to see a default- so both sides are going to do something that will be unexpected. I can see the headline now: Temporary Greece Deal Reached. So that is what I was going on today. Now lets take a look at the QQQ and see how things actually...

For today: Less is More

I think we are just going to let Tues and those QQQ option ride and see what happens with this market. Hopefully some kind of decision will be made with Greece and its creditors, and things will climb from there. How optimistic, you must think. I am going from the aspect of human nature and negotiation exasperation. I think now both sides are ready to work. So: For today, QQQ Calls                         TUES Calls See the individual posts for in information. More towards close, T...

New Pick TUES

Today I am looking at the downlists because I expect the market to wander on up in the next day or two. Or three. C'mon Greece. So TUES today announced that its CFO left for another company: (From the Motley Fool): Is Tuesday Morning's plunge meaningful? Or just another movement?   What: Shares of Tuesday Morning Corporation (NASDAQ:TUES) were down 11.8% as of noon Tuesday after the deep-discount retailer announced...

Lets take a Gamble

I feel like Gambling today. My sixth sense is also standing on end with Greece. This is the 3rd last hour attempt to hammer something out in the meetings with Greece and the EU and Germany. Everyone is exhausted and I think a lot of the fight has gone out of both sides. This is when the true work can start taking place. At this point of the negotiations the square off is wearing off, and expectations are kicking in. I think that something tentative...

Possible Bottom developing today with QQQ

Today I am watching a potential bottom developing today in the cubes. Lets take a look: While it is still early in the day, we will be watching this toward close. If today's candle is still displaying a reverse hammer 1 half hour before close, I am going to get in with some call options. But I am going to do so cautiously, because I don't think that the parade is gonna start tomorrow, I still sense chop coming. I will be watching this today as...

Update in Progress

Update in progress...seeing a reverse double hammer in the cubes, looking for other op...

Monday, June 29, 2015

Importance of Time and Family

"You may Delay, but Time Will Not"-Benjamin Franklin What is the reason you invest? To make money? To get off the 9 to 5 treadmill? You don't invest because the Market is like a cool board game, you invest because you want more time. Time with the ones you love. Your family. While spending time with them is great, it is better if you can spend ON them. There is nothing like spreading the love as spreading the wealth. You love your family. Would you rather have limited resources so when they need help, you can't help them? That makes you inept. Time...

Lets make even more money

We have been playing the QQQ Nasdaq, in a contrarian manner which so far has been producing bank. But you might ask, is there a way to make even more money? Just so happens that there is. The QQQ Proshares. Now Only Provider Offering Daily 3x and -3x ETFs on Five Most Traded Broad U.S. Market Indexes Bethesda, MD, February 11, 2010 — ProFunds Group, the world's largest manager of leveraged and inverse funds1, announced today that it is launching eight new ProShares ETFs. A pair of ETFs, one with a daily 3x objective and one with a daily -3x objective...

How long will the rout continue?

In looking at the technical today I do not see a bottom happening tomorrow, I think the drop is going to continue as the market is assimilating the Greece news with everyone looking around in a panic looking for the exit. Lets look at the chart: Two words: Not Good. A couple of things wrong with this chart. 1. I dont see a bottom tail on todays gap down candle. That shows more problems ahead. 2. The top indicator, the RSI is still trending down 3....

No more trades today and ALDR

I have gotten some good coin today, however in looking at the top lists, I have decided to suspend any more bounce trading and my rationale is this: If a stock could crank up through a total down day like this, there must be something very strong about the stock. I then went through them all and found that to be the case. One stock caught by eye: Alder Biopharm. I saw that they are issueing 4 million more shares (secondary offering) of stock and that they are priced at 44 dollars. There was also an offer to institutional buyers as well. I decided...

Sell GDOT put

While we are holding a straddle right now, seeing that the market is down big due to the greec situation, I decided to take the money on the put end of it. As for the call, hold that and I will decide what to do with that later. For now, the money: We were in at 1.40 for a gain on our put of 24%. Now while we locked THAT in, the overall for this trade is conditional depending on what we end up doing with the call. More to come, Tradinginsi...

TNXP Exit for profit

Lets look at TNXP today: It is significantly down from when we bought the puts when the stock was at 10. Below is the order when I jumped into it (observe the bid and ask) and below that is the exit today (bid and ask). Here was my in: And here is todays out: With this we were in at 1.55 and out at 1.90. The reason you see the 2.60 last is because the volume was a bit low and there wasnt a lot of trading hands and at the time those were...

Update on YANG

Correction...I just made a blunder and had a typo on yang last friday. If you reread my post on friday on yang, I knew that the chinese stock market was in a bubble and was about to burst, I knew the market was going to go down. I accidentally marked down "puts" on this bear ETF instead of "calls" as I should have. My logic was sound about the stock, I just mistakenly did the inverse: this is a bear stock which goes up when the market drops,  For those of you that caught that, you just made 47 percent over the weekend with your calls. For...

Sell NKE 110 July Puts for 29% Profit

Sell the July 110 NKE puts...we make an over weekend profit of 29%: This is aided no doubt by whats happening in the markets right now with Greece, but yes I knew that and thats the whole point of this site. Stay tuned for more today. Tradinginsi...

Sunday, June 28, 2015

Heads Up: Monday is going to be in the red

With this new news of the Greek Crisis worsening, things are not looking too good for Monday. On Sunday it was announced that the Greek banks would be closed Monday as well as the Greek stock market. D day for Greece means D day for the Markets Monday as the markets don't like news like this. Its very unsettling as everything can back up on everything else while at the same time shining the light on other countries that may have unstable markets. Perhaps even shine the light on our national debt or weakening dollar. Its like telling someone that...

Q and A with the 1045 report's Founder

Hey everyone. A little bit about myself. A: How did you get started in this? Q: I was actually doing it part time as a hobby. I had a friend who was into the markets and we were looking into options. As I got to know more and more about the market I became interested in Steve Nisson's Candlesticks books and schooled myself on options as they are a great way to gain leverage with smaller amounts of money. I think a lot of people don't understand that options are really 4th dimensional: They have an element of time. And most of them expire worthless...

Saturday, June 27, 2015

The Crash of 2016: Are you in position?

I would like to start this post out with a video clip from Wall Street 2: Electric Bugaloo (The return of Gordon Gekko? I forgot the title) where they are describing what will happen to the economy when the crash just happened in 2008 if the government does nothing:                                         All this will happen and more most likely...

Friday, June 26, 2015

What the QQQ will do next week

Here is a forecast of the QQQ to aid in your trading for next week. Lets take a look. Something interesting in the chart that I circled each time it happened: As the cubes channel along following the 50 day moving average they break the average then climb right back up. It is logical therefore to assume this will happen a 5th time. That would give the cubes a low of say high 107s to low 108s before it turns to climb again. But then I looked at...

In Reverse Bed with NKE!

I am watching NKE for another top, and at the same time I am weighing its news and technicals to determine the upward strength and possible continuance of the upward pull. Lets look at the charts: Today there was a gap up. And look at the candle, with a top tail. Or an attempted push up and fail. The Greek announcement is going to be tommorrow and I think they hammered something out, so the markets are going to react. However like sitting in a...

Chinese Stock Market Bubble

The Chinese stock market is undergoing a bubble of historic porportions, even more that the US has in 2000. Take a look the the below post: I’ve mentioned the Chinese stock market mania here briefly in recent weeks. I’ve now compiled a fair amount of data along with some interesting anecdotes that show just how crazy it’s gotten so I thought I’d spend this week’s market comment laying it all out for you. The first thing I like to focus on is valuations....

TNXP- The situation

I am in a situation with TNXP that I don't like. I missed the high and prematurely bought the 10 puts. Then the stock pushed higher to 10.50. Lets look at the chart: You can see that things look pretty good from a going down perspective. But my eyes see something else. I see that I missed the top. We should have a 50% profit right now. But its a couple of days later and I dont like that. I dont like it because of erosion, I dont like it because...

EXIT CLBI short @5.64

This morning we exit the CLBI short at 5.64. Yesterday we shorted it at 6.47. That leaves us with an overnight profit of 12%. Not too shabby. Most people would be happy with that gain in a year. Stay tuned today as I hunt the new lists and look at what we are holding. Update in progress. Tradinginsi...

Thursday, June 25, 2015

The Stock Earnings system this site uses

Hello everyone. Here is the method that I use for the stock earnings system for the 1045 report. I basically do two things over and over again: 1. I bounce trade stocks interdaily. At about 1045 in the morning central time (Chicago Time) I decide which way the market is going to go the next day by analyzing the Nasdaq QQQ. Once I decide which way I look at a corresponding up or down list. If I feel the QQQ is going to rise tomorrow, I will select the most down % list for the current day. If I feel the QQQ is going to drop tomorrow, I select the...