The Emotional Trader

Well if that is not a cryptic title...lol! My father came up with this saying some years ago and it incorporated 3 very important drivers in my life. It originally was “A Prince who’s Legacy Reignn’s Forever. Since that time we’ve added “in Faith & Justice.”  If your not picking up what I am dropping these are the names of my children. I am married with 5 children and my kids (not excluding my wife because she is the backbone) are my reasons WHY I want to become a successful stock/options trader and investor. We all must have a WHY to succeed in any endeavor we do. You WHY is what will push you to go the extra mile in studying  another hour of the market. Read an additional 10 pages of your book of the month. Save & invest the 10-20-30 percent from your paycheck to fund your future. I just so happen to have 5 of them in addition to wanted the best for my wife (Krystal).  My oldest and only son is Prince...he is my Pride. The 1st born of the Williams family legacy...like literal

  Long Term Visa ($V) (Rolling 4s) Play April 2017 – September 2020   Back again with another breakdown of some back testing I did on Visa ($V) with a LEAP option. LEAP options are 1-2 year plays using the Excel pricing sheet created by Mark Monroe to select the strike price.  This back test starts in April 2017.    I selected Visa because for this back test since I have been watching it recently. As we are going to a cashless society most transactions in the world are done with a debit/credit card. The biggest players in that space are Visa and Mastercard. So the companies are not going anywhere.   Check out my video commentary on Youtube:  Visa Rolling 4s Back Test Part 1- https://youtu.be/g8OyUKmttuU   Visa Rolling 4s Back Test Part 2 -  https://youtu.be/8gfJV5zsglE   Setup:  Bought Visa when the it bounced up off a key support/EMA (typically 20ema or 50ema) or even breakout price actions.  Looking to invest roughly $5,000 each quarter/entry. Objective was to stay in a play for a ye