Junior traders, please take note that when Peter is "financing" his longs with shorts, these are naked short positions, which require a great deal of margin ... so to do some of Peter's style of trading can require a very large amount of margin/capital. Peter is extremely knowledgeable and gifted to manage the naked options he takes on ... but it's not for the faint of heart or shallow pockets. He is the real deal though ... and his outlook and perspectives on the market are 100% spot on. Thank you Peter for your excellent content.
@@therealshadowtrader, yep that's what I do to cap my loss and technik for small account. The only problem is for puts I won't have the wheel strategy when I do the spread. That's just the biggest disadvantages for spread.
@@dropxlife1831 Peter looks for folks to put on all his trades, as he admits he doesn't know which ones will be winners/losers but knows he's successful overall. To that end you have to look at having enough capital for all of the trades and adjustments that go with them. 50K was nowhere near enough for me to handle it. Peter suggests changing some of the trades into risk based trades instead of say naked positions but then your deviating away from what Peter actually does. Therefore if you do that you have to be very on top of what's going on and potentially change some or your entry/exits and adjustments accordingly. Doable, but I can imagine that would be stressful.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
i applied the rules for the butterfly contracts on NVDA and it worked like a charm. I also used an iron condor contract with steel producers feedstock prices (coal and biomass), and again, it worked like a charm, thanks again for all you do!
Excellent presentation and market recap! Personally I think looking at the shorter term charts will show new developments and help confirm longer term charts. Only looking at daily and weekly seems inadequate unless another tool or indicator provides that insight. Daily would be better to trade off of were the longer trends are more apparent. Often i feel a better entry can be found on a 30 min chart but still plan around 4 different time frames.
Peter. You made a great question comment… “..market profile .. what your competition doesn’t know (about MP)”. So that’s my intrigue ? As you and others teach this and more. What will happen when the masses are taught these concepts ? Will these edge go away. What are the implications of your (and others) teaching ?
In my opinion, the more people learn about the continuous two-way auction process, the better it will work for people with deep understanding of the concepts and the ability to control their emotions, as 99% of the traders want to take the easy route and do not appreciate the more complex nuances. Also, it's AI resilient.
Peter was a mentor to me through his advisory and I learned a ton from him that allows me to "fish" on my own. He was to me what James Dalton was to him. Highly recommend his advisory over others because he teaches "context" and what he calls how to apply "market generated information" to put the probabilities in your favor and recognize when it is not working out so you can minimize losses.
Thanks for the video. I would like to join, but I don't understand some of your terminology, like call spreads and butterflies. Is there a way you can explain in simple terms, like "buy call" or "buy put"? I only understand "buy call" if the price goes up, "buy put" if the price goes down, "sell call" if the price goes down, and "sell put" if the price goes up. Also, can you make a video for small accounts of $2000 on selling puts and selling calls? For lrcx and Costco you would need $100,000 to do sell calls or selling put. Thanks much.
Cannot see the whole screen @11:00 ... can you either move the caption lower or remove the caption , so we can see what your hand was waving at? Thanks.
Junior traders, please take note that when Peter is "financing" his longs with shorts, these are naked short positions, which require a great deal of margin ... so to do some of Peter's style of trading can require a very large amount of margin/capital. Peter is extremely knowledgeable and gifted to manage the naked options he takes on ... but it's not for the faint of heart or shallow pockets. He is the real deal though ... and his outlook and perspectives on the market are 100% spot on. Thank you Peter for your excellent content.
appreciate it...and remember you can always do a wide vertical instead of a naked option :)
@@therealshadowtrader, yep that's what I do to cap my loss and technik for small account. The only problem is for puts I won't have the wheel strategy when I do the spread. That's just the biggest disadvantages for spread.
Is 50K good for playing along with Peter? I want to sign up and I totally agree with you. Peter plays with big money but he's legit!
Right on. These trades are great trades but margin pigs.
@@dropxlife1831 Peter looks for folks to put on all his trades, as he admits he doesn't know which ones will be winners/losers but knows he's successful overall. To that end you have to look at having enough capital for all of the trades and adjustments that go with them. 50K was nowhere near enough for me to handle it. Peter suggests changing some of the trades into risk based trades instead of say naked positions but then your deviating away from what Peter actually does. Therefore if you do that you have to be very on top of what's going on and potentially change some or your entry/exits and adjustments accordingly. Doable, but I can imagine that would be stressful.
Peter, this is an Excellent video. I would rather continue with my constant profits with Coach Spencer
He has impressive qualifications and is a really talented individual
I am sure I saw his name hailed on CNBC TV 18
Bernard Spencer currently plays a key part in my finances
i had no idea that subscribers in here even know him
never for once have i regretted my experiences with him
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Thanks Peter for this wonderful show! I thoroughly enjoy it each weekend and learn so much.
Very informative. Thanks
i applied the rules for the butterfly contracts on NVDA and it worked like a charm. I also used an iron condor contract with steel producers feedstock prices (coal and biomass), and again, it worked like a charm, thanks again for all you do!
Nice work!
Hey Peter, I love your weekly edition so much. A lot of valuable information. Thank you for taking your time to make it.
Glad you like them! Appreciate the feedback.
Awesome stuff Peter. Thank you so much!
Excellent presentation and market recap! Personally I think looking at the shorter term charts will show new developments and help confirm longer term charts. Only looking at daily and weekly seems inadequate unless another tool or indicator provides that insight. Daily would be better to trade off of were the longer trends are more apparent. Often i feel a better entry can be found on a 30 min chart but still plan around 4 different time frames.
What a great video! Your analysis and the information you provide are extremely helpful. Thanks for sharing Peter!
I like to use Volume At Price indicator, since I don't have a profile chart.
Never really noticed it before, but Rezzy got the silver Pauli Walnuts wings going on. Now all he needs is a comb! Awesome sauce!
I been at this for awhile now. Time takes it's toll.
Great insights and teaching as always. Thanks Peter!
Peter. You made a great question comment… “..market profile .. what your competition doesn’t know (about MP)”. So that’s my intrigue ? As you and others teach this and more. What will happen when the masses are taught these concepts ? Will these edge go away. What are the implications of your (and others) teaching ?
I don't think so, but that's a valid concern with any edge.
In my opinion, the more people learn about the continuous two-way auction process, the better it will work for people with deep understanding of the concepts and the ability to control their emotions, as 99% of the traders want to take the easy route and do not appreciate the more complex nuances. Also, it's AI resilient.
Thanks, Master
Hi Peter. Thank you for such clear and valuable content video. May I ask whether AVWAP is available for sale or part of thinkorswim indicator?
This is on pretty much every platform. I belive TOS has it.
especially good presentation Peter
what an awesome video!!!!!!!!!!! thank you Peter!
Glad you liked it!
Good analysis non bias just showing the data as is.
Is XLF a leading indicator for the SP500 ?
Not really, is just under 13% of it right now. I wouldn't say it's leading, it's just one of the other 10 groups.
great video, appreciate the effort
Thanks Peter! Are you still bullish on Meta in the near term?
12:29 True, except when the overnight high is during rollover
We shall see.
@@RVKKify One event doesn't mean anything. "We shall see" makes no sense.
First time watching; great info and I like that it’s just facts. I’ll be back for sure.
Peter was a mentor to me through his advisory and I learned a ton from him that allows me to "fish" on my own. He was to me what James Dalton was to him. Highly recommend his advisory over others because he teaches "context" and what he calls how to apply "market generated information" to put the probabilities in your favor and recognize when it is not working out so you can minimize losses.
why not SMH instead of LRCX?
Learned a lot from you over the years so this is me giving back a little….the word is pronounced SAY-li-ent
With emphasis on the long A
I stand corrected. thank you.
I guess you need Portfolio Margin to sell 3x1 ratio spreads like Peter does with META?
Thanks for the video. I would like to join, but I don't understand some of your terminology, like call spreads and butterflies. Is there a way you can explain in simple terms, like "buy call" or "buy put"? I only understand "buy call" if the price goes up, "buy put" if the price goes down, "sell call" if the price goes down, and "sell put" if the price goes up. Also, can you make a video for small accounts of $2000 on selling puts and selling calls? For lrcx and Costco you would need $100,000 to do sell calls or selling put. Thanks much.
You should check out our Live Trading Suite, especially when Michael DenBleyker is on. You can get six months free at our site.
Have a look at the tastytrade content and platform tastyworks
Cannot see the whole screen @11:00 ... can you either move the caption lower or remove the caption , so we can see what your hand was waving at? Thanks.
just sell a strangle
My calls are getting pressed, I rounded top here while we rotate would make me happy 😅
Hi. How can I watch the daily shadow “shorts”?
easy, put your email address in on our homepage!
@@therealshadowtrader what’s your home page?