Saturday, February 26, 2022, 8:00 am - 11:00 am
Developed by Markus Heitkoetter, author, educator, professional trader, and CEO of Rockwell Trading Services, LLC, The Wheel Strategy is an amazing high-win-rate strategy that is great to use when trading for income. This is a strategy best suited for a sideways-to-bullish market. This strategy only requires 5-10 minutes per day to prepare, saving you lots of time, and not requiring you to look at a computer screen all day.
Here's some of what Markus will be covering during the class:
Why The Wheel Is the Perfect Trading Strategy
You'll learn how to generate consistent income without spending a lot of time trading. So even if you're working a job or running a business, it's not going to take up all of your time. You'll be able to trade quickly then get on with your life. Whether that's working, family time, visiting friends, traveling, or just enjoying your life.
Options 101—Here's What You Need to Know
Learn what options are, how they work, and what opportunities they present. You'll gain practical knowledge about terminologies, definition of contract terms, including the difference between in-the-money and out-of-the-money options.
Understanding Premium & Theta Decay
Time is money, and nowhere is that more evident than in trading options. In this section, you'll get a firm grasp of how time impacts an option's value.
The Strategy: Finding the Right Stocks, Selling Puts, & Selling Calls
Here's where you'll learn how to identify the best stocks that are perfect for this strategy and the ones to stay away from. You'll learn how to generate income, while also having the potential to buy stocks you might like at a discount. Discover a low-risk strategy for earning consistent cash flow from stocks you already own no matter which direction the market goes.
Ninja Tips & Tricks for Trading the Wheel
You will discover tricks of the trade learned over Markus' 20+ year trading career to shorten your learning curve and give you a solid head start.
With this strategy, you can expect an ROI of 30% without a margin account, and a 60% ROI if you are using a margin account. You can also expect between a 90-95% winning percentage when implemented properly. Overall, this is a great strategy for any trader with a trading account large enough to trade for income.