When the market turns red, a lot of traders try to be heroes. They try to pick bottoms. They guess. They hope. That’s usually how people get hurt. In this update, Mark Yegge walked through what he showed his friend “Juicy Joe” (a covered call income trader). The main point was simple: In a… Continue reading Red Market Playbook: Fortress Covered Calls, Bearish Watchlist, and Bullish Setups
Right now, the financial media is running wall-to-wall coverage designed to make you do one thing: be afraid. Fear sells. Panic sells even better. But fear is also one of the most reliable wealth transfer mechanisms ever invented. When retail investors panic-sell quality assets near the bottom, someone is happily buying on the other… Continue reading Stop Letting Headlines Control Your Money: A Systematic Covered Call Plan for Fear Markets
