Smb options tribe_3_19_2013

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Transcript of Smb options tribe_3_19_2013

March 19, 2013

Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.”

The ROCK is a trading strategy that was extracted from the

Checkmate Trading System which, as you will come to find out, utilizes the ROCK along with the M3, the Bearish Butterfly and other techniques to give you the ability to adapt your trading to anticipated market conditions.

The ROCK Trade is a standalone position that may be used as a regularly traded 30 day, concept based, market neutral strategy.

The ROCK is considerably more complex than the M3 trade, and it requires previous knowledge of both the M3 and Bearish Butterfly Trades

It is NOT for beginners.

The most unique thing about the ROCK Trade is that

it utilizes multiple configurations and it swaps back and forth between those configurations as market conditions and DTE change.

We will do “tests” when the trade is entered and when the trade needs to be adjusted in order to determine the best configuration for the current market.

Based on the results of the test, the trade will be entered in, or adjusted to, the configuration that is most likely to give you the highest probability of a successful outcome.

Planned Capital - $50,000

◦ Planned Capital may be exceeded

Profit Target - $10,000

◦ Profit Target may be adjusted up or down as trade progresses

Max Loss - $10,000

◦ Max Loss may be adjusted down but will not be increased