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Keeping things simple!!

Post: 01/17/12 by Gary Dean 9:30

The vix and spx both closed green today, which typically means a red day for equities the next day. If they decide to break the pattern, we have absolutely no problem with that-as we kept to our trading plan and closed 1/4 of our short position today.

Of course we pretty much top ticked the short entry today and were able to lock in our 2nd +4% TZA trade in 2 days. The winning streak continues since July of 2011 and the way we manage our trades, I don't see it changing. The trading philosophy is simple:

Don't look for home runs-take profits when you have them and let a piece of the position run for potentially larger returns. We are NOT day trading in the sense that you have to be at your computer all day. Price entries and targets are given ahead of time, so members can simply just place the order and go about their business.

Here is our trade we made today-using IWM as our triggers for the tza trade. If you want to make consistent winning trades, become a member NOW!! G-

From: Marketspath [mailto:gary.dean@marketspath.com]
Sent: Tuesday, January 17, 2012 9:33 AM
To: Marketspath
Subject: 77.29 IWM take add 1/4 short

I don't even have to wait for the cash markets to open. I believe they will try for 77.29 IWM to complete this wave up. I will be using the following numbers to add 1/4 short to the port. G-

Trade: short

Instruments: IWM FEB 75 puts and/or buy TZA

Trigger 77.17

Best entry: 77.29

Size: 1/4 (this will give us 3/4 position short if filled)

________________________________________________________________

From: Marketspath [mailto:gary.dean@marketspath.com]
Sent: Tuesday, January 17, 2012 11:31 AM
To: Premium Members
Subject: Managing last short entry

We got a good fill on the short side today, with the best entry being missed by 2 cents. We are going to stick to our trading plan and scalp trade 1/4 of the position if the prices below are reached. If they head higher, I will look for the next pivot level in which we will look to go 100% short and take the last 1/4 position. G-

Trade: close/cover

Instruments: IWM FEB 75 puts and/or buy TZA

Trigger 76.37

Best entry: 76.27

Size: 1/4 (this will give us 1/2 position short if filled)

This offer is ending very soon!! $99.00 2 month special last night. We are almost filled and I will be removing it once filled!! We have started 2012 off the same way we left 2011-WITHOUT A LOSING TRADE!!! Sign up now before all the seats are filled!!

Sign up here

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