Wednesday
April 16, 2014
Random Walk’s Mission:
To help 1% of the population learn that they do NOT have to be wiped out in an economic catastrophe and/or market crash, and make it as easy as sending an email.
Happy Day!
This Saturday
(Website says it will be 3 hours, but I suspect it might go 4 hours. It has a LOT of material in it that I find hard to believe will be completed in anywhere near 3). (Details at bottom of this update).
The Dow
The Dow was up 89.32 at 16,262.56
AAPL
AAPL closed down 3.72
The VIX
The VIX closed down 0.50 at 15.61
TLT
Up 0.69 at 111.13
Silver and Gold
GLD Closed down 2.36
SLV Closed down 0.33 at 18.88
TSLA
Tesla was down 4.18 at 193.91
RSX (Russian Index)
Closed down 0.62 at 22.12
Escalating tensions in the region forced the RSX down as concerns in the Ukraine popped its head out again. Putin announced that the Ukraine was violating its Constitution.
Yesterday
The second day in a row where the market opened dramatically high, fell and then made a come back at the end of the day. The selling yesterday was mostly due to Russian tensions in the Ukraine and selling of Nasdaq stocks.
The Nasdaq was down 10% (almost exactly) at the lows. 75% of the Nasdaq stocks are down in “correction territory” (down 10% or more), and about 26% of the stocks are down 25% or more.
Today
The Beige book is coming out today. Though it is not that big of a deal anymore, traders are starting to take notice of it again as the Fed’s actions have been parallel with the contents of the Beige book.
Given the schizophrenic behavior of the markets mentioned above,
Given the Nasdaq has officially made a correction,
Given the situation escalating in the Ukraine,
and Given the Beige book coming out today,…….
one would be crazy to think the market is going up big. That is precisely what I believe will happen. Because this would be the biggest surprise.
We shall see. This market is making everyone right and wrong at the same time, and ends up going NOWHERE. 
POT is held each Wednesday night at 7:00pm eastern.
POT people….
Don’t forget that all the positions for POT are in OA, and you can get hold of them (if in POT) at anytime of day or night.
Contract the office at 1- 855 – RWT – 0008 for more details.
A lot to talk about in the update that is coming.
HUMPTYDUMMY
QA
Note: Questions we have had regarding the class.
Question:
Can you give me a little insight into the curriculum.
RW Answer
| Married Put | 1-5 | 401K Type Accounts |
| Collar | Wide Condors | Unbalanced 1-5 |
| Risk Reversal | Short Calls | When, Where, Why, How |
| Butterfly | Short Call Spreads | Indexes as a Hedge |
| Which is the Best Hedge | How much to hedge | Individual Names as a Hedge |
| When |
Question:
Will there be information regarding hedging things like 401(k) accounts where someone is unable to purchase anything else but mutual funds? For example, buying X amount of ABC puts in an outside brokerage account will …..
RW
Absolutely….
This is one of the trickier things to get through to people, but as yesterday’s sell off on GOOD NEWS shows, it is important to know.
Question:
Will participants be able to submit questions? If so, will they be able to be submitted after the event or must they be asked during the live event?
RW
If you have a very valid question that would pertain to a lot of the class, send it now! 1/3 of all our material in a new product goes out after the fact as we never know ahead of time what would be the most important thing to you. Through decades of trading and teaching we have a good idea what works, but it would be impossible to know everything people are thinking ahead of time.
If you have questions during the session feel free to submit them in the text box. If at all possible the instructor will attempt to weave an answer into the discussion. If not addressed it is because the instructor feels it would take the conversation off on such a tangent that the class would be lost. IN this case simply submit the question in writing via HUMPTYDUMMY@RandomWalkTrading.com.
Question:
How long is the class. The Website says 3 hours, but from POT I know it is flexible.
RW Answer
Egg-cellent question (keeping with the Humpty Dumpty theme).
The mini-classes we stick with a theme that is designed to be about 3 hours (with a 5 minute break in the middle).
This class has a LOT of information in it. It is probably our most complicated class in terms of the quantity of directions we are taking here. This will make it challenging to get done in 3 hours if no questions come in, everything works perfectly, and I don’t think of anything else to add in the last couple of days.
Be Prepared for up to 4 hours as I think that will be a more realistic time frame. Sometimes what we think is a great explanation turns out to not be. It is then that the instructor will drop the slides and come up with something from a brokerage platform to attack things from a different perspective. That always adds time.
Lastly, depending on market conditions, levels of understanding, etc. the instructor can eat up more time doing things he had not planned.
Question:
I am a new trader barely understanding buying and selling options, and just getting use to verticals. Will I be lost?
RW Answer
No way. Sure, there may be some things that are confusing for a new trader, but most of this relatively easy to understand. Most of it is more along the lines of “Why didn’t I think of that?”
That is not to say you will not be lost on some things, but the session is recorded and you can keep reviewing it to help pull your knowledge up.
Question:
Will this be recorded like other sessions?
Answer
No. Hopefully it is recorded better!! (SMILE) We are getting better all the time as technology improves. But that doesn’t mean we don’t have snags once in a while. It is hard to teach a 50 year old trader technology. Lol. Actually it is recorded and you will also get slides that accompany the session as a study aid.
Attorney Stuff
DISCLAIMER (Seriously!)
Trading is almost as much fun as black jack in Vegas, but without all the annoying distractions of free drinks, Broadway shows, gorgeous people with low morals, and free buffets. It also has about the same odds of success, so when you lose all your money you wont have to walk past a smiling pit boss. Even Bruce Wayne lost everything with options in The Dark Knight Rises, and Superman keeps his day job at the DailyPlanet newspaper.
We did NOT get any TARP money, so we are not aligned with any politician. We have the utmost respect for our attorneys who tell us any attempt to trade is throwing money out the window, and investing is risky business (still a great movie). Past performance doesn’t mean a thing. The future is even scarier. There is no guarantee the sun will come up tomorrow. Random Walk and everyone associated with it promises absolutely nothing. We guarantee nothing. We wont ever do anything right unless it is an accident.
Random Walk only provides education (and a great cup of Starbucks if you visit our office). If you want advice please consult an attorney, licensed broker, Tarot cards, tax consultant, investment adviser, etc. Random Walk, LLC is full of morons, dolts, has-been(s), chromosome damaged individuals, thieves, ex-cons, losers, and carnival barkers. Any attempt to find a semblance of intelligence or integrity in Random Walk would be a waste of time.
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Random Walk deeply cares about each and every student. We try to keep the selling of products to a minimum. We believe our students are a result of attraction rather than promotion. This does NOT mean that the more attractive you are, the more we promote ourselves (in general).
Our products are written ONLY by floor traders, fund managers and retired floor traders. They are expensive and unique. That does NOT mean they (materials) come on a tablet of concrete from Mt. Sinai. If you are still reading this, you will likely be the first to have gotten this far. No guarantee for accuracy is made.
Because of the proprietary nature of our materials and the ease of electronic copying, all sales are final. There are far too many people who have no problem stealing our materials and putting them on torrents or copying them. These are the same low-life, selfish, whining, half-wit hypocrites that would cry like a newborn with a wet diaper if someone stole their car radio. They have to pay for our materials before stealing them, and live with their karma (and our legal team). Yes, we have caught a few and now have one person working on detective work solely.
Sales are far from our largest concern. If you are a whiner, complainer, or generally unhappy with life please go to someone else in this industry who values money over happiness. We can point you in the direction of other firms that only care about the bottom and top line. Jerry Springer can also point you in the right direction. Besides whiners are a total distraction from the awesome group of students we are fortunate to have. We are truly blessed and thank them (provided that is fine with our lawyers). “Thank yous” are only handed out in countries where legal and void where prohibited. If your country does not allow “thank yous” please refrain from accepting it. This disclaimer is copyright material and not a joke.
