How to Pay Yourself

Understanding the levels and where to enter a trade is clearly where it all starts. Then comes the question of knowing when to sell/pay yourself.

This is where years of studying and training pay off. Building consistency comes from battling fear and greed while in trades and aiming to follow a pay out system as strict as possible. At the same time, every trade is a bit unique and takes skill to feel out proper targets. The first and most important target for me is a 50 cent movement on the stock chart. This typically equates to a 10-15% move for options. How well one averages and enters/manages the trade will determine the financial outcome. The entries chart doesn’t lie and will show fear and greed.

The trade box has a clear green entry area of 50 cents that also acts as a target once in the trade. While this is an early first target, it is the absolute foundation of building consistency. Doing this correctly with repetition allows for one to size up properly with time and confidence.

Check out several entries chart examples below of how quickly, when entering at proper trade levels, the payout can be.

If you are asking yourself “How does he know where to buy?” I just follow the trade plan!!!