[Alert] Encore Training TONIGHT

Ray C. Parrish [aka the Crude Oil Trader] here…...  I hope you were one of the lucky ones that made it on John Carters webinar on Tuesday because I know that a lot of you tried, but weren't able to.   How do I know? I'm basing that on the number of support tickets John received from people that got locked out begging for a chance to see it.  As a result, John is hosting an encore presentation TONIGHT at: 8:00pm Eastern 7:00pm Central 6:00pm Mountain 5:00pm Pacific Secure your spot here.....  www.SimplerOptions.com/optionswebinar  Seriously, the feedback on this has been great. See you there,  Ray C. Parrish Options Trading Made Easy

Did You Miss Tuesdays Free "Options Trading Made Easy" Webinar?........Don't Worry

Due to an even higher then usual demand for this weeks free webinar we have added a second webinar this Thursday evening. Our trading partner John Carter is now going to make this even easier to understand with another one of his wildly popular free webinars, “How to Beat the Market Makers using Weekly Options”, this Thursday September 11th at 8 p.m. EST .

Do you know, and trade, the ONE vehicle that forces the market makers into losing positions and you into BIG WINNING POSITIONS? You will after this free webinar.

Just Click Here to get your Reserved Space

When: Thursday 9-11 @ 8PM New York time
 Where: ONLINE
 Who: John Carter lead trader/teacher SimplerOptions
 Cost: NOTHING

In this free webinar workshop John shares:

- How to determine the safe levels to take weekly options trades

- The best way to protect yourself and minimize risk while increasing the probability of maximum reward

- How to choose the right stocks for weekly options and which stocks you want to avoid like the plague

- A simple and powerful strategy that you can use whether you’re a beginner or advanced options trader

- How to consistently trade this current market using weekly options

- And much more…

This is a VERY special webinar/workshop where you'll see hands ON the power of weekly options, and the EASE of use they provide to any trader!

Please join John on Thursday....... Just Click Here 

See you on Thursday evening!
Ray C. Parrish
aka The Crude Oil Trader

Make sure to get our free eBook "Understanding Options"....Just Click Here!

Free Webinar: How to Beat the Market Makers Using Weekly Options

You’ve downloaded his free eBook and you have watched the video. Our trading partner John Carter is now going to make this perfectly clear with another one of his wildly popular free webinars, “How to Beat the Market Makers using Weekly Options”, this Tuesday September 9th at 8 p.m. EST

Click Here to get your reserved spot, they go fast!

In this free webinar John Carter will discuss…..

  *   How to determine the safe levels to take weekly options trades

  *   The best way to protect yourself and minimize risk while increasing the probability of maximum reward

  *   How to choose the right stocks for weekly options and which stocks you want to avoid like the plague

  *   A simple and powerful strategy that you can use whether you’re a beginner or advanced options trader

  *   How to consistently trade this current market using weekly options

And much more…

Sign Up for the Webinar Here

We’ll see you on Tuesday evening!

Ray C. Parrish
aka The Crude Oil Trader

Free Webinar....How to Trade Options Like a Professional with John Carter

It's ON.....John Carters next free webinar is this Thursday, July 31st at 8:00 p.m. est

Just click here to get your reserved spot ASAP

In this free webinar John will share:

  *   What I’ve discovered about professional options traders that they don’t want you to know

  *   The idea of “options stacking” to structure your trade in a way that gives you the best possible odds of success

  *   How to plan your trading position around a setup instead of the other way around

  *   Why structuring your trades as a campaign around a setup will yield the maximum return while reducing your risk

  *   How to be proactive in your trading instead of reactive and much more

As always with John's webinars they fill up fast so get your seat now. Just Click Here to Register Today!

We'll see you Thursday!

Ray @ The Crude Oil Trader

Free Webinar....How to Trade Options Like a Professional with John Carter

Gold Option Trade – Will Gold Continue to Consolidate?

Until recently, the world has forgotten about gold and gold futures prices it would seem. A few years ago, all we heard about was gold and silver futures making new highs on the back of the Federal Reserve’s constant money printing schemes.

However, after a dramatic sell off the world of precious metals it became very quiet.


Gold prices have been in a giant basing or consolidation pattern for more than one year. As can clearly be seen below, gold futures prices have traded in a range between roughly 1,175 and 1,430 since June of 2013.





The past few weeks we have heard more about gold prices as we have seen a five week rally since late May. I would also draw your attention to the fact that gold futures also made a slightly higher low which is typically a bullish signal.


At this point in time, it appears quite likely that a possible test of the upper end of the channel is possible in the next few weeks / months. If price can push above 1,430 on the spot gold futures price a breakout could transpire that could see $150 or more added to the spot gold price.


Clearly there are a variety of ways that a trader could consider higher prices in gold futures. However, a basic option strategy can pay handsome rewards that will profit from a continued consolidation. The trade strategy is profitable as long as price stays within a range for a specified period of time. Ultimately this type of trade strategy involves the use of options and capitalizes on the passage of time.


The strategy is called an Iron Condor Strategy, however in order to make this trade worth while we would consider widening out the strikes to increase our profitability while simultaneously increasing our overall risk per spread. Consider the chart of GLD below which has highlighted the price range that would be profitable to the August monthly option expiration on August 15th.





As long as price stays in the range shown above, the GLD August Iron Condor Spread would be profitable. Clearly this strategy involves patience and the expectation that gold prices will continue to consolidate. This trade has the profit potential of $37 per spread, or a total potential return based on maximum possible risk of 13.62%. The probability based on today's implied volatility in GLD options for this spread to be profitable at expiration (August 15) is roughly 80%.


Our new option service specializes in identifying these types of consolidation setups and helps investors capitalize on consolidating chart patterns, volatility collapse, and profiting from the passage of time. And if you Advanced options trades are not your thing, we also provide Simple options where we buy either a call or put option based on the SP500 and VIX. The nice thing about buying calls and puts is that you can trade with an account as little as $2,500.


If You Want Daily Options Trades, Join the Technical Traders Options Alerts

See you in the markets!

Chris Vermeulen

Sign up for our next free trading webinar "Low VIX and What It Means to Your Trading"

The Birth of a New Bull Market

By Jeff Clark, Senior Precious Metals Analyst

If I asked you why you think I’m bullish on platinum and palladium, you’d probably point to the strikes in South Africa, the world’s largest producer of platinum. Or maybe the geopolitical conflicts with Russia, the largest supplier of palladium. Maybe you’d even mention that some technical analysts say the palladium price has “broken out” of its trading range.

These are all valid points—but they’re reasons why a trader might be bullish. When the strikes end, or Russia ends its aggression, or short-term price momentum eases, they’ll sell.
And that will be a mistake.

Because underneath the headlines lies an irreparable situation with the PGM (Platinum Group Metals) market, one that will last at least several years and probably more like a decade. This market is teetering on the edge of a supply crunch, one more perilous than many investors realize. As the issues outlined below play out, prices will be forced higher—which signals that we should diversify into the “other” precious metals now.
The basic problem is that platinum and palladium supply is in a structural deficit. It won’t be resolved when the strikes end or Russia simmers down. Here are six reasons why…...

#1. Producers Won’t Meet the Cost of Production

The central issue of the striking workers in South Africa is wages. In spite of company executives offering to double wages over the next five years, workers remain on the picket line.

Regardless of the final pay package, wages will clearly be higher. And worker pay is one of the biggest costs of production. And the two largest South African producers (Anglo American and Impala), which supply 69% of the world’s platinum, are already operating at a loss.

Once the strike settles, costs will rise further. Throw in ongoing problems with electric power supply, high regulations, and past labor agreements, and there is virtually no chance costs will come down. This dilemma means that platinum prices would need to move higher for production to be maintained anywhere near “normal” levels. Morgan Stanley predicts it will take at least four years for that to occur. And if the price of the metal doesn’t rise? Companies will have no choice but to curtail production, making the supply crunch worse.

#2. Inventories Are Near the Bottom of the Barrel 

 

One reason platinum price moves have been muted during the work stoppage is because there have been adequate stockpiles. But those are getting low. Impala, the world’s second-largest platinum producer, said the company is now supplying customers from its inventories. In March, Switzerland’s platinum imports from strike-hit South Africa plummeted to their lowest level in five and a half years, according to the Swiss customs bureau.

Since producers can’t currently meet demand, some customers are now obtaining metal from other sources, including buying it in the open market. As inventories decline, supply from producing companies will need to make up the shortfall—and they’ll have little ability to do that.

#3. The Strikes Will Make Recovery Difficult and Prolonged

Companies are already strategizing how to deal with the fallout from the worst work stoppage since the end of apartheid in 1994…

• Amplats said it might sell its struggling Rustenburg operations. Even if it finds a buyer, the new operator will inherit the same problems.

• Impala said that even if the strike ends soon, its operations will remain closed until at least the second half of the year.

• Some companies have announced they may shut down individual shafts. This causes a future problem because some of these mines are a couple of miles deep and would require a lot of money to bring back online—which they may balk at doing with costs already so high.

• It’s not being advertised, but a worker settlement will almost certainly result in layoffs since some form of restructuring will be required. This could trigger renewed strikes and set in motion a vicious cycle that further degrades production and makes labor issues insurmountable.

#4. Russian Palladium Is Already in a Supply Crunch

When it comes to palladium, Russia matters more than South Africa, since it provides 42% of global supply. Remember: palladium demand is expected to rise more than platinum, due to new auto emissions control regulations in Asia.

But Russia’s mines are also in trouble…

• Ore grades at Russia’s major mines, including the Norilsk mines, are reported to be in decline.

• New mines will take as long as 10 years to come online. It could take a decade for Russian production to rebound—if Russia even has the resources to do it. This stands in stark contrast to global demand for palladium, which has grown 35.8% since 2004.

• Russia’s aboveground stockpile of palladium appears to have dwindled to near extinction. The precise amount of the country’s reserves is a state secret, but analysts estimate stockpiles were 27-30 million ounces in 1990.

Take a look at reserve sales today:

Many analysts believe that since palladium reserve sales have shrunk, Russia has sold almost all its inventory. As unofficial confirmation, the government announced last week that it is now purchasing palladium from local producers. This paints a sobering picture for the world’s largest supplier of palladium—and is very bullish for the metal’s price.

#5. Demand for Auto Catalysts Cannot Be Met

The greatest use of PGMs is in auto catalysts, which help reduce pollution. Platinum has long been the primary metal used for this purpose and has no widely used substitute—except palladium.

But that market is already upside down.

Palladium is cheaper than platinum, but replacing platinum with palladium requires some retooling and, on a large scale, would worsen the supply deficit. As for platinum (which does work better than palladium in higher-temperature diesel engines), auto parts manufacturers are expected to use more of it than is mined this year, for the third straight year. Some investors may shy away from PGMs because they believe demand will decline if the economy enters a recession. That could happen, but tighter emissions controls and increasing car sales in Asia could negate the effects of declining sales in weakening Western economies.

For example, China is now the world’s top auto-producing country. According to IHS Global, auto sales in China are projected to grow 5% annually over the next three years. PricewaterhouseCoopers forecasts that sales of automobiles and light trucks in China will double by 2019. That will take a lot of catalytic converters. This trend largely applies to other Asian countries as well. It’s important to think globally when considering demand.

The key, however, is that supply is likely to fall much further than demand.

#6. Investment Demand Has Erupted

Investment demand for platinum rose 9.1% last year. The increase comes largely from the new South African ETF, NewPlat. At the end of April, all platinum ETFs held nearly 89,000 ounces—a huge amount when you consider it was zero as recently as 2007.

Palladium investment fell 84% last year—but demand is up sharply year-to-date due to the launch of two South African palladium ETFs, pushing global palladium holdings to record levels. And like platinum, there was no investment demand for palladium seven years ago.

Growing investment demand adds to the deficit of these metals.

The Birth of a 10 Year Bull Market

 

Add it all up and the message is clear: by any reasonable measure, the supply problems for the PGM market cannot be fixed in the foreseeable future. We have a rare opportunity to invest in metals that are at the beginning of a potential 10-year bull run. Platinum and palladium prices may drop when the strikes end, but if so, that will be a buying opportunity. This market is so tenuous, however, that an announcement of employees returning to work may be too little, too late. We thus wouldn’t wait to start building a position in PGMs.

GFMS, a reputable independent precious metals consultancy, predicts the palladium price will hit $930 by year-end and that platinum will go as high as $1,700. But that will just be the beginning; the forces outlined above could easily push prices to double over the next few years.

At that point, stranded supplies might start coming back online—but not until after major, sustained price increases make it possible.

The RIGHT Way to Invest

In my newsletter, BIG GOLD, we cover the best ways to invest in the metals themselves (funds and bullion), but for the added leverage of investing in a profitable platinum/palladium producer, I have to hand the baton over to Louis James, editor of Casey International Speculator.

You see, most PGM stocks are not worth holding, so you have to be very diligent in making the right picks. Remember, the dire problems of the PGM miners are one reason we’re so bullish on these metals. However, Louis has found one company in a very strong position to benefit from rising prices—and its assets are not located in either South Africa or Russia.

It’s the only platinum mining stock we recommend, and you can get its name, our full analysis, and our specific buy guidance with a risk free trial subscription to Casey International Speculator today.
If you give it a try today, you’ll get three investments for the price of one: Your Casey International Speculator subscription comes with a free subscription to BIG GOLD, where you’ll find two additional ideas on how to invest in the PGMs.

If you’re not 100% satisfied with our newsletters, simply cancel during the 3 month trial period for a full refund—but whatever you do, make sure you don’t miss out on the next 10 year bull market.  

Click here to get started right now.

The article The Birth of a New Bull Market was originally published at Casey Research

Sign up for one of our Free Trading Webinars....Just Click Here!

Small Trading Accounts are Ideal for These Trading Methods

We have an important workshop to invite you to coming up on Thursday that really strives to put the opportunities the big guys benefit from into your hands. What was once unreachable is now in our grasp for small account traders.

Don't let the big stock names scare you! Sure, if you bought 100 shares of Apple, Google, Netflix and Amazon you'd need over $200K. But, there's a much better way for you, the individual trader to participate in these high flying opportunities.

This webinar is dedicated to 'everyday' folks starting out with a small account. In this webinar, you'll learn:

    *   Options Recommendations - top stock and ETF picks
    *   Risk Management Tips
    *   Ways to Increase Your Account and Scale
    *   Using Mini and Weekly Options to trade the big names for a fraction of the cost
    *   An exact road map to follow to start trading options now
    *   Minimize risk but still participate for maximum upside
    *   Strategies for the small account trader to use now with options and a trading system with training included

Want to know how to do it?

Successfully Trading Options with a Small Account - Including High Flying Tech Stocks!

This Thursday, April 10th, 2014
Three times to choose from....12 pm EDT / 9 am PDT / 4 pm GMT

Register Online Right Now

In this webinar, we'll teach you the finer points on how to trade big name stocks with small time capital.

Just Click Here to Reserve Your Logins for Thursday!

See you in the markets!

P.S. Can't make it on Thursday?  Reserve your seat anyways and we'll send you the recording! 



Here's a complete schedule of our Free Trading Webinars....Just Click Here!

Weekly Coffee Futures Recap for Friday February 21st

It's time to check in with our trading partner Mike Seery for his take on where coffee ended the week.


Coffee futures in the May contract rallied 3000 points this week closing right near contract highs at 170 a pound all due to the fact of a major drought in central Brazil which is the largest grower of coffee in the world sending prices up about 60% in the year 2014 and I’m still recommending if your long this market to continue to stay long as I think 2.00 is coming relatively soon and could happen on Monday especially if no rain happens over the weekend. Volatility is very high in this market currently so if that scares you look at the July bull call option spreads limiting your risk to what the premium costs allowing you to live through these daily fluctuations as this volatility should continue for months to come.

Coffee futures are trading far above their 20 & 100 day moving average with awful chart structure currently, however if you are long a futures contract I would place my stop below the 10 day low which is around 135 a pound which is quite a distance away, however this stop will be raised on a daily basis and will become relatively tight in the next 5 days. When you trade the commodity markets you want to let your winners run and get out of your losers relatively quickly and this is the perfect example of one market like coffee that can make your entire year

Trend: Higher
Chart structure: Awful

Don't miss this weeks free trading webinar....Being the Architect of your next "Big Trade"

Don't Let Scalping Scare You....Use our Free Trading System Download

For many of our readers at The Crude Oil Trader active trading is terrifying. The crazy spreads and crushing risk while you're "super glued" to your chair is not a very appealing way to spend your trading day. But done right, it can be insanely lucrative.

A couple of times a year our friends and trading partners at The Premier Trader University bring us [and our readers] a free download of their popular "Trend Jumper Trading Program".

Check out this FREE System Now

This high frequency system is a "genetically modified" active trading method that cuts your risk while boosting your results. Believe it or not, it's a jaw dropping, easy to learn strategy that's actually fun to trade.

This system regularly sells for $997.00 to the public. In the last release in April, literally hundreds of traders ran to pay full retail price for this system. Price to all Crude Oil Trader readers today? ZERO. That's right, FREE!

But we have managed to convince the developers to let our readers have their best, most lucrative indicators without the triple digit price tag. Right now, you're going to get the two most profitable Trend Jumper trade plans free for life.

Click here to get your FREE Trend Jumper Indicators

Seriously, these two indicators are all you need. No need to upgrade, no need to spend a nickel. Folks are paying hundreds of dollars for the full version. But you'll get the best indicators and they can be used for trading stocks, commodities, Forex, futures and more....all for free.

We'll see you next in the markets. And we'll be using Trend Jumper, will you?

Ray @ The Crude Oil Trader


Get this Free Scalping System Now

Christmas Rally Starts Monday....My ETF Trading Strategies

Our trading partner Chris Vermeulan says "Tis the Season for the most powerful seasonality trade of the year". Do you agree?


With the stock market up big in 2013 and most participants are speculating on a pullback in the next week or two, Chris says he is on the other side of that bet. Being a technical trader he focuses on patterns, statistics and probabilities to power his ETF trading strategies. So with 37 years of stats the seasonality chart of the S&P 500 index paints a clear picture of what is likely to happen in December.

If you do not know how to read a seasonality chart, Chris will explain it as its very simple. Simply put, it shows what the index has done on average through each month over the past 37 years. December typically has the strongest up trend and probability of happening any other time of the year.

The Big Board – NYSE
 
The NYSE also referred to as the Big Board, is an index with the largest brand name companies. Most individuals do not follow this, but to Chris its as close to the holy grail of trading than anything else he uses. he uses many different data points from this index (momentum, order flow, trend) for his ETF trading strategies.

Let's take a look at what Chris says the seasonality chart his telling us as we close our 2013 and move into 2014......Click here to check out "Christmas Rally Starts Monday....My ETF Trading Strategies"

Is it Too Late to Get into this Monster UNG Trade?

Natural gas looks to be breaking out and it has John's attention. With monthly and weekly charts breaking out he is looking at futures contracts having the possibility of easily moving up to the 4.48 level which means there is a lot of options open for us options traders. And if you have been following us this week you know John is on a roll.

John has put together a detailed free video to show us just exactly how to play UNG and natural gas while limiting our risk, just click here to watch "Is it Too Late to Get into this Monster UNG Trade?"


And if you haven't had a chance to see it yet take a few minutes to watch John's wildly popular webinar replay....."Nine Reasons Why You Should Trade Options on ETFs"

See you in the markets, the natural gas markets!

Ray @ The Crude Oil Trader 

Why You Lose Money Trading & The Answer

How to turn your trading into a simple automated trading strategy: you know the difference among a winning and losing trade – we have all experienced both and know the excitement and the frustration associated with it.

The brutal honest truth is a tough pill to swallow. The fact that most of the time it’s not the strategy that has failed; it’s you (the trader) which is why you need a simple trading strategy drawn out on paper with detailed rules for you to follow.

In today’s report I am going to talk about how you can stop losing money and become a successful trader. We all know that before you even enter a position, you must know where you place your stop-loss order. If you don’t know where you stops are to be placed then you are trading with a major disadvantage.

Your position entry is not complete without having a stop price figured out. It blows my mind why so few investors use stop-losses. If you are guilty of not using stops, you need this information. It might be the difference between retiring on time with a big nest egg or retiring later and still just churning your account.

If you plan and place stops you are planning to win, but prepare to take losses because you will get stopped out and you will have to get back up, brush yourself off and trade another day. So with that said we need to look at the psychology around taking losses because it’s not easy to manage, and is the main reason individuals do not use stops. Being proved you were wrong flat out SUCKS!

Successful traders understand they must know where they are going to be stopped out before they enter a position. They have to know ahead of time what a wrong trade looks like so they can exit it quickly. This is a rudimentary fundamental that EVERY trader knows the answer for.

Do You Have A Trading Strategy That You Can Trade Like a Robot?

Can You Answer The Following Questions?

1. How do you know when to sit tight or cut your losses?

2. Do you have rules to tell you when to sell a losing position?

3. Do you have rules of when to move your stop to breakeven?

If you cannot answer these questions properly, you are not alone. And what it means is that you need to establish some rules for yourself. All the trading rules in the world are meaningless if you do not use them. That is why I am telling about what’s really going on with you when you refuse to manage your risk in a proactive and professional way.

Most traders refuse to take a loss for two basic reasons:

1. They cannot admit they are wrong.

For most traders, this is just too painful to admit. It’s interpreted as failure or feeds a persistent, negative self-image which none of us enjoy feeling.

Humans by nature prefer to remain in denial instead of acknowledging their losses are causing them pain. This type of trader often has to lose it all before he begins to change (or gives up trading). I know this very well. I lost it all twice when learning to trade. It was not until the second time that I hit rock bottom (financially and emotionally) that I embraced trading rules and hired a mentor to help keep me inline with my trades.

2. The loss is too big relative to their overall portfolio size so they can’t afford take the loss. 

Know this, there’s no such thing as just a paper loss. The investment (stocks, etf, options or futures contract) is worth what it’s quoted whether you realize it or not by closing the position.

Both of these examples are a form of self-delusion that millions of investors, both large and small, suffer from.

If what I am saying here is making you uncomfortable or bringing up feelings of anger or powerlessness, then that is a good sign. It means you have enough common sense and self-awareness to change what you are doing.

Example of How You Can Make Your Trading Strategy To Be More Automated:

A successful trader uses a different strategy from that of a losing trader (you) by looking at the pain from the loss in an impersonal way. They know the loss as a sign that something went wrong with their approach, or their execution, but NOT that something is wrong with them.

Winning traders separate who they are from what they do. They learn and know, that their trading losses lie in their approach to trading the market and not a reflection of whom they are as a person. The pain they feel is quickly transmuted into motivation, which fuels their desire and determination to become a better trader through refining their trading strategies to better navigate the financial market place.

Both are learned responses and within your control. The opportunity for growth from the pain of our losses are the same. It’s what we do with this emotional pain of a loss that matters, not the loss itself.

Stick with my proven Simple Automated Trading System
Make winning a habit.

Chris Vermeulen  –  Get 12 Months for the Price of Only 6 Months – Black Friday Special

Get our "Gold and Crude Oil Trade Ideas"

 

18.23% Return Produced During July Option Expiration Cycle

As we move through the July monthly option expiration which will occur on July 19, 2013 at the close of business we can look back at the expiration cycle that was. The end of the June monthly option expiration nearly marked the recent market lows. Since the beginning of the July expiration cycle we have seen the S&P 500 Index charge higher.

The recent performance in the Options Trading Signals portfolio has charged higher as well. There were 4 trades that were closed during the July expiration cycle. The 4 trades that were closed had a total gross gain of $169 per spread. The total risk assumed in the 4 closed trades was $927. Thus, the four trades produced a gross return on maximum risk of 18.23%.

A trader that risked roughly $2,500 per spread would have had a gross gain of $1,951 for the month of July. The table below demonstrates the trades that were closed during this expiration cycle.



In full disclosure, there were three trades that were rolled forward as price action did not accommodate trade expectations. However, the overall results of the OTS Portfolio since the beginning of the June expiration cycle have been outstanding. The full trade performance is shown below based on actual trading results from the portfolio.



Since the beginning of the June monthly option expiration cycle, the Portfolio has closed 15 total trades. In that time frame only 1 trade has produced a loss and that trade essentially was breakeven overall. The total recent trading results speak for themselves.

Since inception, the OTS Portfolio has taken 171 trades publicly that have been opened and closed. Of the 171 trades executed, 125 trades have produced gains. This equates to over a 73% success rate for all trades that have been opened and closed for the OTS Portfolio since late 2010. It is not a coincidence that the typical probability of success that I focus on for the service is between 60% – 80% probability at the time of trade entry.

Overall, the OTS Portfolio continues to generate strong trading returns while providing members with an opportunity to look over a professional trader’s shoulder to watch how trades are evaluated and when they are taken and why.

The OTS portfolio strategy is focused on a mathematical approach to trading options that gives traders a probability based edge. No more red and green arrows, no more charts with 500 indicators, and no more confusion. The system used is simple and has proven that strong trading results are possible when simple discipline is applied.

If you are looking for a mathematical and statistical based approach to trading, Options Trading Signals service may be a perfect fit to improve your option trading results.  


Click here to give Options Trading Signals service a try today!

Come Monday morning....will you be trading with us or against us?

Did you make it to John Carters webinars this week?

If not it's not to late to see what you missed, here is a replay of one of the webinars.

What's next? Some of us are starting John's training classes this Saturday. And we'll be putting these methods to work first thing Monday morning. Click here to sign today

The week got started when John showed us some live trades that proved that his methods of trading were working for anyone and everyone.....no matter how much money they had in their trading account.

Here's just a sample of what the webinars covered.......

*   The difference between trading for income vs. growth

*   Why attempt to double your account "before" it goes to zero in 12 months or less

*   How to control risk while being an aggressive trader

*   What Stops to use and when

*   The mindset of an aggressive trader

Click Here to Register for classes starting on Saturday

Come Monday morning.....will you be trading with us or against us?

See you in the markets!

Ray C. Parrish
President/CEO The Crude Oil Trader

John Carters "Small Account Growth Secrets" Webinar

Last week we showed you some live trades from our trading partner John Carter that proved....with the right mindset and a little training anyone can earn a regular income trading.

Whatever your account size, if you're focused on trading for income, then you need to attend one (if not both) of the webinars that John Carter is putting on Tuesday, June 11th at 8:00PM New York Time or Wednesday, June 12th at 1:00PM New York Time

You can reserve Your Seat HERE now as there is limited seating available.

Here's just a sample of what John is going to share.......

*   The difference between trading for income vs. growth

*   Why attempt to double your account "before" it goes to zero in 12 months or less

*   How to control risk while being an aggressive trader

*   What Stops to use and when

*   The mindset of an aggressive trader

Click Here to Register

I will be attending and hope to see you there!

Ray C. Parrish
The Crude Oil Trader

John Carters "Small Account Growth Secrets" Webinar

Ever wonder why 70% of mutual fund managers can't beat the SP 500?

What a coincidence, I make my rare stop into the used book store around the corner from our house and am lucky enough to find a like new copy of Jack Bogles "Common Sense on Mutual Funds". After getting started reading I realized, I have to get in the office and create this article for our new launch...."Ever wonder why 70% of mutual fund managers can't beat the SP 500". Totally a coincidence, I swear.

Bogle is the father of the modern day fund in my book. And he has taken a lot of criticism for his finger pointing at the majority of new fund managers that have come into this game. While the number of fund managers have more then tripled in the last couple of decades the number of customers has stayed pretty much the same. And profits have fallen off dramatically. How do they stay in business?

Twenty years from now we will only be talking about a hand full of "out of the box thinkers" who helped the average investor beat the fund managers and one of them I would bet will be Doc Severson.

Doc is one of the world's top options traders, and he just created an eye opening presentation that exposes much of the truth behind what it takes to make a consistent income in the markets and why countless financial planners (who people hire to supposedly protect their assets!) lose a shocking amount of money in market crashes.

Even if you are an advanced trader it's nearly impossible for you to watch the video and not find a few nuggets of information that could change the way you look at your own trading and keep you from making some of the same ordinary mistakes that everybody else is making.

Click here to watch > "Ever wonder why 70% of mutual fund managers can't beat the SP 500"

After you watch the video, please feel free to leave a comment and tell us if you were making any of the same mistakes he mentions in the report? I think you'll be surprised, I was....because I have.

Watch this video today....this just might change everything.

Dennis Gartman: It's More Then Just The Jobs Report Sending Oil Lower

6 Things Successful Trader Have in Common

Energy stocks are plunging, along with crude oil falling below $98 for the first time since February 10. And Dennis Gartman of The Gartman Letter tells us why he thinks there is a lot more sending oil lower then just a bad jobs report.




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J.W. Jones: What The Social Mood is Saying About the S&P 500

Social mood is absolutely horrible right now. In my experience as a trader I do not recall a similar time frame in my life. Social mood has deteriorated to the point that it would not surprise me to see two grown men come to blows over a fantasy football draft. Oh wait, that happens every year!

In all seriousness, the world seems to be getting more dangerous every day. At this point I think even Mother Earth is socially frustrated as she wreaks havoc all over the world. Earthquakes, droughts, wild fires, famine, hurricanes and the list goes on and on. Politics are as divisive as any time in recent history and the rhetoric is just excruciating. So what does all of this negativity mean for financial markets?

It means that every article is under the microscope and anyone who opposes the view of the writer or speaker reacts with vitriolic commentary that many could conceivable call “hate mail.” People are hurting badly from both an economic and social perspective. You can bet that the current social malaise is going to impact financial markets and I would argue that it already has.

August was a poor month for most investors as the equity indices took a nosedive and sold off sharply. I warned members of my service incessantly to reduce risk ahead of the selloff and I sat in cash as markets were crushed. I received countless emails telling me I was essentially an idiot and Mr. Market was going to kick my backside. Initially they were right, but time proved my analysis prescient.

August was the single best month I have had for members at my service at Options Trading Signals.com. I only placed 3 trades in the entire month. Two SPY trades that were directionally biased to the long side and both produced outstanding profits. I also utilized a time decay strategy for a GLD position which worked out quite well. By the end of the month of August all 3 positions were closed and the gross gain based on maximum risk was over 100%. If a trader risked a maximum of $1,000 on each trade taken at the end of August the trader’s account would have grown to around $2,000.

One of the guys I trade with got his ETF newsletter subscribers in at the bottom for a quick 4.5% bounce then shorted a week later using the SDS inverse etf to catching another 6% on the way down… So as you can see there are many ways to play market volatility

So what is going to happen next? The funny thing is not a lot has changed since my most recent article I

posted back on August 28^th. The following chart below still holds sway in terms of overhead resistance for the S&P 500:

In the same article I wrote the following statement:

“In the short to intermediate term, I believe we will see higher prices and a test of the key S&P       1,220 area or possibly a re-test of the key S&P 1,250 price level which corresponds with the     March 2011 pivot lows. Additional resistance would come in around the 1,260 – 1.270 area which marks the neckline of the recent head and shoulders pattern which triggered the selloff in the S&P 500.”

Unlike many financial writers, I am a trader first and a writer second. I put my money where my mouth was and took a trade that got long based on the analysis I provided readers and members of my service. The following price chart illustrates the resistance level that held the S&P 500′s first attempt to rally:

Those of you who do not believe that technical analysis works are wrong. While technical analysis should not be the only metric used to enter or exit positions, basic support and resistance levels can help traders take profits at appropriate times. In addition, laying out longer term support and resistance levels give traders the ability to place trades in a step or tiered system. Essentially, once a trader has identified support and resistance levels the trade can sell into resistance and add to his/her position near support. Technical analysis provides great exit and entry points for astute traders.

My viewpoint of the S&P 500 has not changed much since August 28^th. I think we will continue to see choppy price action and a retest of the 1,220 level is likely, if not probable. If the SPX 1,220 price level gives way to higher prices a retest of the March pivot lows will be the next resistance point. The March pivot lows correspond directly with the SPX 1,250 price level and the 50 period moving average will be flirting nearby.

If prices continue to work higher the neckline of the head and shoulders pattern which produced the selloff in early August will be tested. The point that readers should take from this is that overhead resistance is extreme at this point. The following chart below illustrates the key resistance levels and the current rising channel on the daily chart.

While it may sound a bit confusing, higher prices in the near term will likely be bearish in the intermediate to longer term. In my previous article, I commented that I believed we had likely entered the next phase of the bear market and I still believe that. At this point in time I am just waiting for the price action to confirm my suspicions.

The first confirmation that the bear market will have returned would be a lower high on the daily and weekly time frame. The final confirmation would occur if prices rollover and breakdown below the August lows. If the August lows are taken out on a daily and/or weekly close an all-out rush to the exits is possible. Ultimately I believe that risk is increasing to the downside if prices keep working higher.

Right now I’m expecting higher prices unless the ascending trendline of the channel is penetrated on a daily or weekly close. Otherwise, the bullish churn higher will continue. The chart below illustrates the key support levels that if broken could lead to additional downside.

I am expecting to see a test of the 1,250 area before the end of September. It is entirely possible to see a test of the neckline as well which would help suck in retail investors who are scared they are going to miss the move back up. A rally that is contained around the SPX 1,250 – 1,275 price levels could result in a sharp sell off.

All eyes are on the key 1,220 price level to the upside and the August lows. A breakout in either direction could result in a big move. If I had to guess, the thrust higher will end in late September or the early part of October, but I would be remiss not to mention that one headline out of Europe could derail my entire thesis.

The two single largest threats to a stock market advance stem from Europe. The European sovereign debt crisis is one key issue that could alter the marketplace by its own merit. A more silent concern for U.S. equity markets is the impact the European situation will have on the U.S. Dollar.

Subscribers of OTS pocketed over 100% return in August alone! So don't wait, Sign up now at Options Trading Signals.com for a 24 hour 66% off coupon.

It's Here....Your Official Invitation to MarketClub TV

This is it, the moment every trader has been waiting for....

After weeks of planning and preparation, our friends at MarketClub have officially announced the launch of MarketClub TV.

And you are officially invited to join them ONLINE for the premiere episode:

Join us ONLINE for the premiere episode of MarketClub TV at 7:00pm eastern, Thursday, March 17th

Register Now It's FREE!

You are going to both love and be blown away by MarketClub TV and the LIVE, INTERACTIVE, wealth-building tips, news, insights and money making plays it gives you.

Yes, that's right, I said 'interactive'. Each week Adam Hewison and his team at MarketClub will...

* Discuss the biggest movers and shakers of the week
* Uncover the hot, new trading opportunities that are starting to take shape...
* Look at powerful, ongoing trends and the best ways for you to profit from them...
* Show you MarketClub's proprietary Trade Triangles in action and illustrate the easiest, most effective ways to use them...
* Plus much, MUCH more!

Here's the best part of all though: Throughout each show you'll be able to email... instant message ('chat')... Tweet... or call in any questions, comments, or ideas you may have and we'll go over them right then and there, live on the air.

In other words, you'll be getting the kind of tips, picks, news and insights that can launch your trading success to an all new high...

You'll be able to watch it all LIVE, each week, in the comfort of your own home for FREE.

You'll be able to talk with us, ask any questions you may have, and get the answers you need on the air, right then and there.

And, if you happen to miss an episode, there's no need to worry - you'll be able to replay any episode you like, whenever you like, as often as you like.

MarketClub TV will be broadcast LIVE, online Thursday evenings at 7:00pm eastern starting with the premiere episode is this Thursday, March 17th.

PLUS, to kick things off with a bang, one lucky viewer will win a 1 year membership to MarketClub. Everyone who registers to watch Thursday's premiere episode will automatically be entered into the drawing. And the winner will be announced LIVE during the show.

Just you wait and see, Click to check out MarketClub TV. It is going to rock your world! See you there!


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