SMB – Broken Wing Butterfly Master Track Series
Anybody can trade.
That doesn’t make you a great trader, all it does is prove you can continue to let someone else control your financial future, your destiny.
Locke In Your Success aims to empower you to make smart decisions.
The gives you control over your future Broken Wing Butterfly Master Track Series.
John Locke will demonstrate how to trade profitably during this track series Broken Wing Butterfly (BWB), profile positions in the SPX, RUT, and NDX. This track series will begin at the beginning and move up to more advanced concepts of the broken wing butterflies profile trade. We will discuss the fundamentals behind the most popular broken wing butterfly profiles trades, including how to choose the right entries and which strategies are best for each market condition.
“It’s not about discipline , and it’s not about robotically following setups that someone has taught you. It’s about understanding how markets work and defining strategies that exploit that understanding.” – Brett Steenbarger, Trading Psychology 2.0: From Best Practices to Best Processes (Wiley Trading)
Get your instant download SMB – Broken Wing Butterfly Master Track Series
This track has four classes and more than six hours of instruction.
Trade Entries
Days to expiration (–DTE) – Close Vs far from expiration and how DTE changes the trade
–Choosing wing widths
–Broken Wing Butterfly vs Butterfly/call entry
–Entry location relative to at the money (ATM) and how your entry effects your adjustment strategy
–Scaling entries/adjustment strategies
Strategies to make up for the negative
–Adapting your upside adjustment strategy to:
–Different volatility levels
–Rising markets
–Falling markets
–Sideways markets
Downside adjustment strategies – –The “Achilles’ Heel” Most traders
–How and when to best adjust to the downside for maximum protection with least whipsaw risk
How to set risk parameters
Planned Capital
Profit Target
Max Loss
Trade Exits
How and when to exit the most effectively
Course Features
- Lectures 0
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 205
- Assessments Yes
