Ken here,
This is day 1 of the COVID-19 $500 to $10,000 trading challenge.
I picked up two $41.5 Calls with the expiration date of 4/24/20 on CSCO for $102 each! That is an entry of $204.
This is what the chart looked like.
I used 5 elements to enter this trade:
- Gravitational theory
- Trend Pattern Squeeze
- Support and Resistance
- RSI
- MACD
If you have been keeping up with the other articles, you should know what each of these elements are.
This is the update for Day 2. I sold CSCO on a POP!!
Look at the chart.
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Disclaimer:
I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.
– Ken
