Ok hold onto your hat – this one will blow you away….
February 2022 saw global markets continue their fall following on from the Russian invasion of the Ukraine as well as other geopolitical events.
But just because the market is falling, shouldn’t make any difference to your stock market investments. Sound a bit crazy to you – it would to most, as their belief is that you only make your money when the market goes up.
This month’s Trader of The Month is a classic example of letting go of the widely held misbeliefs that so many people carry around without ever questioning them.
This client is a lovely bloke – been a client for a number of years now, is busy running his Dental practice as well as 4 kids at home. In spite of that, he has continued to ply his trading skills to the market and absolutely belts it.
What’s more, this is no one-hit-wonder as he is also a previous Trader of The Month – which goes to show how important it is to continue applying yourself over time.
How about 441% or 155% or 72% or 112% to be amongst some of the profit that you banked on your trades?
Please join me in congratulating Josh Green on his trading success as well as his Trader Of The Month Award.
TRADER OF THE MONTH – JOSH GREEN
From: Joshua Green
Date: 6 March 2022 at 11:07:53 pm AEST
To: Mitch Olarenshaw
Subject: Trader of the Month Nomination – July 2021
Dear Mitch, Thank you to the AIE Team, Mitch, Andrew G and Andrew B for the ongoing support and additional online sessions you have run. I really enjoyed the trading update from AB and the ETF program and guidance given around trading in that space. My trading has been primarily bought puts and calls, RSI based trades and some announcement based trading.
These were my February trades:
BMY Apr/May/Jun PUTS and CALLS
STRATEGY = COMBO/STRANGLE
BOUGHT average of $1.92 per contract
SOLD average of $2.65
ROI: 38%
TOTAL DAYS IN THE MARKET: 30 days
SPY Jun17’22 460 CALL
STRATEGY = BOUGHT CALLS
BOUGHT @ $10.65 per contract
SOLD @ $11.29 per contract
ROI: 6%
DAYS IN THE MARKET: 2 days
SPY Feb22’22 460 CALL
STRATEGY = BOUGHT CALLS
BOUGHT @ $2.33 per contract
SOLD: @ $4.95 per contract
ROI: 112%
DAYS IN THE MARKET: 8 days
VIX
STRATEGY = BOUGHT FEB PUTS and CALLS
BOUGHT LEGS AVERAGE of $1.72
SOLD LEGS AVERAGE of $2.96
ROI: 72%
TOTAL DAYS IN THE MARKET: 13 days
XLE Feb18’22 69 PUT
STRATEGY = BOUGHT PUTS
BOUGHT @ $1.55 per contract
SOLD @ $1.80 per contract
ROI: 16%
DAYS IN THE MARKET: 10 days
ABT Feb25’22 140 CALL
STRATEGY = BOUGHT CALLS
BOUGHT @ $2.22 per contract
EXPIRED WORTHLESS
ROI: -100%
DAYS IN THE MARKET: 44 days
I also had a few great trades in late Jan that I didn’t get round to submitting for last month as I was on holidays:
MRK FEB 18’22 75 CALLS bought for $3.06/contract and SOLD for $7.80 average late Jan (ROI = 155%)
JPM STRANGLE bought for $1.05 and sold for $5.68 (ROI of 441%)
Thanks again guys for your excellent work.
Josh Green
No question about it, these kinds of results don’t come about by accident – there has been plenty of work done by Josh – as well as the momentum that has resulted in his success. Yet so many sit back and watch their investments get buffeted by the market, resigned to having an average year again.
Life comes down to choice and it’s great to see people make the choice to take more control of their future.
Please once again join me in congratulating Josh Green on another stellar month and another successful trader of the Month Nomination.
Great work buddy and look forward to chatting soon.
If you have yet to, make sure you check out how we help our clients enjoy these kinds of results from the market.
We have a Free LIVE Online Training Workshop happening soon – Register here to learn the same trading strategies!