I’m back! :-)

I spent a few days in California, and I realized a few things:

Trading on the West Coast is BRUTAL!

On the West Coast, markets open at 6:30am.

I like to be ready and in front of my computer 15 min before the markets open.

That’s 6:15am!

And in order to be (somewhat) awake at 6:15am, I need to wake up at 5:30am.

Yes, you can read that again: 5:30am!

The sun is not even up at that time. It’s pitch dark.

Starbucks is still closed – it opens at 6:00am.

I have no clue how you guys on the West Coast do this. I’m glad to be back in Austin where I can wake up at 7:30am. That’s much better!

Another thing I have learned:

I can trade blindfolded!
Well…. kinda… here’s what happened:

I didn’t have internet on my flight back.

But somehow – around 17,000 feet in the air – I was able to receive a text message.

It’s from Mark

… and just like that, I made $1,600 in premium. 🙂

I didn’t have to look at the charts.

Because I have a plan and KNOW what I need to do with my positions.

I own 2,000 shares of Budweiser (BUD) at 54 per share.

So I can sell either 54 or 55 calls against it.

The minimum premium I want is 30% annualized.

Both options fit my criteria but I decided to go for “max premium”.

Easy enough!

If you would like to know how exactly I do this, then check out My Trading Routine.

In this video, I show you my exact trading routine and how I trade the markets.

Alright, gotta feed the deer now <= That’s a story for another time!

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From today on, call me “Po”

From today on, call me “Po”

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