The Truth About Trading

Let’s talk about my current trades. On Friday, I got assigned in 4 stocks, so I will tell you what exactly I did this morning.

Recommended Links & Videos:

PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB

Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb

A Boomer's Guide To WSB Lingo: https://www.youtube.com/watch?v=JSiJJLdpOvY&t=0s

Wheel book: https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbW56TkQ5SVUzZ2tXbXNnM3NvZk5fS00xcDVyd3xBQ3Jtc0ttOWQ3a291akE2ZkN6YlozUU5JbGZDTF9XT3JaNmlYaHZEc19ZaWhmUlY3a01vcDAxd29ybktmN0xlWk9DVVhyY3dFYUJ1Uzl3WURtYUNudm8tNzl3R3c1NVQweUdVbGRXZFVjMUg0S19HZHBfeThNZw&q=https%3A%2F%2Fwww.rockwelltrading.com%2Fwheelbook

PowerX Strategy Book: https://bit.ly/2wMQ7zW

Here's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXs&t=0s

Currently, I’m assigned with 2 stocks: RIDE and LVS.

And I might get assigned on 2 other options positions where I sold puts:

AA at $35 per share (it's down more than 6% today!) and CWH at $37.50 per share (it's down more than 4% today!)

According to my plan for the wheel strategy, I should have no more than 5 open positions. 

So what do I do now?

What if I'm getting assigned the 2 stocks tomorrow?

Does this mean I can only trade 1 new option next week?

In this video, I'll show you exactly what I'm planning to do. 

Recommended Links & Videos:

Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb 

How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8 

Wheel Strategy: What To Do When You’re Assigned: https://www.youtube.com/watch?v=K_zBGpLrO34 

Is Trading Forex Worth It? https://youtu.be/HXrP7uHLWLk

Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/

PowerX Strategy Book: https://bit.ly/2wMQ7zW

TradingView is an online charting platform that allows traders to share their ideas and insights with other traders worldwide. It's also a powerful tool for technical analysis, backtesting strategies and automated trading systems development. You can use it on your desktop or mobile device - wherever you are!

But it's easy to get overwhelmed. In this TradingView Tutorial For Beginners, I'll show you the best tips and tricks so that YOU can become a TradingView expert in 30 minutes or less.

Recommended Links & Videos:
How To Setup TradingView For The PowerX Strategy: https://youtu.be/kyoSU8mbx8g
TradingView Stock Screener: https://www.youtube.com/watch?v=yBiyda-Nykk&t=0s
TradingView: https://rockwelltrading.com/tradingview
Here's How I Trade with Margin: https://www.youtube.com/watch?v=NJBOGJ5JiXs
Wheel Book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
Best Brokerage 2021: https://www.youtube.com/watch?v=kzinSHgX848&t=0s

On June 15th, Hindenburg struck again, this time targeting popular sports gambling and fantasy sports company DraftKings (DKNG).

Some well-known investors in DraftKings include Walt Disney (DIS), WWE (WWE) owner Vince McMahon, and owner of the New England Patriots, Robert Kraft. DraftKings also has lucrative partnerships with the NFL, MLB, NHL, NASCAR, UFC, and the Dish Network.

A lot of potential brands could be hurt by these allegations if proven true.

Wood is well known to target companies she likes long-term that are beaten down. Some examples of this include her continued support of Coinbase (COIN) and Teladoc (TDOC) during their prolonged dips.

How much DraftKings did Wood buy? She added $42 million worth or 870,299 shares following Hindenburg’s report. The stock now represents the 19th and 17th largest holdings in each ETF respectively. 

… Who will win?

Judging from DraftKings’ rise the next day, it looks as though Wood and Ark Invest have taken round one from Hindenburg. 

Ride Lordstown Stock - What a CRAZY Ride!

I entered the stock when I was stuck in Florida during the ice storm in Texas - and it's probably my worst trade ever!

And oh boy... this stock is taking me for a "RIDE":

In this position, I went from a $90,000 loss to making a profit - ALMOST!

I was ready to take profits when the stock tanked - AGAIN. 

In this podcast, I'll share with you what exactly I'm doing right now. 

Recommended Videos & Links:

How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h_ZNd8&t=0s

The Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq

The PowerX Strategy Playlist:  https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB

Get Your Copy of The Wheel Book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/ 

There's no doubt: When the Tesla CEO Elon Musk tweets about Bitcoin, he is moving the largest cryptocurrency in the world. In fact, in May 2021, Bitcoin's market cap exceeded 1 Trillion Dollars!

AMC Stock up 3,000% -  Hedge Funds suffer $5 Billion Loss

To get the transcript and MP3, go to: https://www.rockwelltrading.com/coffee-with-markus/amc-stock-up-3000-wallstreetbets-victorious/

IMPORTANT: I was informed that I was wrong: The Reddit Forum /r/amcstock is responsible for the Short Squeeze and NOT WallStreetBets. I apologize for the mistake.

What Is Going On With AMC?:
Who Is Buying AMC?:
What Is The Highest AMC Has Been?:
How High Can AMC Go?:
Is AMC Losing Money?:
Should You Buy AMC Shares/Am I Buying AMC?:

MC Stock - Here's what you need to know

We will talk about the 12 most commonly asked questions around AMC stock:

1.) Why is AMC stock so high?
2.) Who is buying AMC stock?
3.) Did AMC sell more shares?
4.) What's the highest AMC stock has been?
5.) Can AMC really hit 100,000?
6.) Is AMC a good buy?
7.) Is AMC losing money?
8.) Will AMC go out of business?
9.) Will AMC go up tomorrow?

Recommended Links & Videos:
The PowerX Strategy: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
The Wheel Strategy: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq

Bitcoin Crash 2021

Last week, the cryptocurrency markets crashed by 50%. What's next?
Why is Bitcoin crashing?
And is Bitcoin still a good investment?

That's what we're going to talk about in today's video.

Recommended Links & Videos:
How To Find The Best Stocks For The Wheel Strategy: https://www.youtube.com/watch?v=nHkZNLR2P2Y
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
PowerX Strategy Book: https://bit.ly/2wMQ7zW
Tradier: https://rockwelltrading.com/broker 
PowerX Optimizer: https://powerxoptimizer.com/ 

Picking the right option strike price is extremely important.

As you will learn in this podcast, it will affect your returns and it could even make or break you in the market.

In this podcast, you will learn...

- what a strike price is,
- the different intervals for strike prices,
- how to pick the right strike price,
... and much more.

 Recommended Links & Videos:
Wheel book: https://www.rockwelltrading.com/the-wheel-options-strategy-book/
PowerX Strategy Book: https://bit.ly/2wMQ7zW
When To Take Profits On Options: https://www.youtube.com/watch?v=j-iB_hPjbcE
Pattern Day Trader Rule Explained: https://www.youtube.com/watch?v=bZaHtJc6TJ4