5 TRADING MISTAKES YOU SHOULD AVOID

Avoid the Five Fatal Trading Mistakes and Start Winning in the Market Place

Avoid the Five Fatal Trading Mistakes and Start Winning in the Market Place

Free course

Avoid the Five Fatal Trading Mistakes and Start Winning in the Market Place

Free course

Trader of the Month – October 2018

Trader of the Month - October 2018

Trader of the Month - October
Australian Investment Education

Another great story for you here of following the process, starting small and doing it for real. This nomination gives us great pleasure in reading as it reflects many of the stages in the journey that we believe in. Here is yet another new client that is starting his journey, for him and his family in the right way, building a firm foundation from which to grow. Congratulations Michael on your nomination for Trader of The Month – well done and well deserved – and this is just the beginning!!

Michael joined us less than two months ago, and has taken his first trade – this is not about the dollars, it is about the process and he is sticking to it!

Trader of the Month - October

From: michael patruno <******@hotmail.com>
Sent: Monday, 5 November 2018 8:08 PM
To: Australian Investment Education Team
<support@australianinvestmenteducation.com.au>
Subject: Trader of the month nomination- Michael Patruno

Hello My name is Michael Patruno,

im nominating myself for trader of the month.

I Started the AIE- Cashflow on demand course on the 11-9-18
after studying and completing the online course I bought my first block of 100 shares
on the 8-10-18 and sold a call option on the 9-10-18 these are the details:

I bought Under Armor (UAA) for $19.10 per share x 100 = $1,910.
I sold a November option contract with a strike price of $19.50.with an expiry date of 9-11-18.
The premium was $1.30 per share x 100 = $130
if exercised on expiry another $0.40 per share = $40
Total maximum profit $170
Approximately 9%

As of today the 5-11-18 the share price is currently sitting at $23.70 per share with 4 days to expiry.

im really enjoying this journey and looking forward to many more trades in the future,its been such a great learning process and gives me great direction for the future.

Thankyou for the opportunity

Michael

So what does 9% mean to you? Well one way of looking at it is 4 1/2 years interest at the bank in one month – and by most people’s measure that is a cracking return.

Congratulations, Michael, on a well earned title of Trader of the Month October 2018, from all of us in the AIE community.

about Australian Investment Education

At our very core is the belief that a better financial future is possible for just about anyone, and this belief has held true since we started educating every day Australians, way back in 1999.

Follow Australian Investment Education on Facebook

leave a reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.