Welcome back to another "Just Swingin' It" podcast hope yal had a great trading week, its been frustrating for us, but we will get into that on today's show. We also continue our option series by discussing our next Greek: "Vega," and you can't discuss Vega without diving into "Implied Volatility." We also very quickly hit a few news stories: Mustang Mach-E SUV, Tesla's earnings, and Snapchat's earnings. Stocks nose dived on Thursday, partly due to the first uptick in lost jobs report since March on the new jobs report. We do not discuss in the show, but be aware of it. We finish the show on the announcement of Level 2 of the "Swingin' Upwards" trading challenge.
For Level 2: Take the $150 profit from Level 1 and make an 8% profit on only S&P500 derivatives and volatility products (It is not possible to get into all of them for only $150, so that puts a limit on which you can logically use). Good Luck and let us know when you pass Level 2.
We also introduce the "Mini Gauntlet" trading challenge on www.earn2trade.com. In this challenge you can pay an entry fee, trade a 25K, 50K, 100K, 150K virtual account (fake money) under guidelines and rules to earn a profit goal. If you meet this profit goal then you will recieve from them a fully funded account (if you pass the 50K, you will receive a 50K account) to trade of real money, and you get to keep 80% of all profits you make using their money. We will have a guy on the show that is fully funded next Thursday.
Be sure to do your HW and share the show with 5 friends as well as tell them to follow us on Twitter, and if you have time share our friends at Pivotal Trading as well.
Keep Swingin' It!!
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Official: @swinginit (Twitter)
Chris: @chrismcbride_12 (All platforms)
Jon: @burrellinvests (Twitter and public trading platform), www.burrellinvestments.com
If you know somewhere that is an experienced/beginner trader, or someone in business, finance, or real estate that would fit our show email us their information at keepswinginit@gmail.com.
