Today’s trade was based on the plan laid out in the morning:
– Sell rallies
– Bear pulse bars
– 10-min Tag n Turn setups
– GEX Assessment
Combined with GEX research I’ve been sharing in mentorship sessions.
Price looked ready to pin near 5400 into expiration.
I placed an OTM butterfly at 5400, 25% of normal risk.
Got a partial fill at $0.10.
Took profit at $2.25 before the close.
That’s a 2,150% gain.
Not luck – just structure, timing, and a touch of experimentation.
...I Missed the Hedge, But Saved the Trade
Last week, I opened a bullish swing #1, expecting upside continuation.
Friday’s gap down and selloff came hard – and I missed the hedge entry.
I told the mentorship group I was distracted with other work – and by the time I looked, the move was done.
By Monday, price had returned to the same level – giving me a second shot to hedge.
I took it. And it paid.
The original bull swing expired worthless.
But the bear hedge returned $2.70 on $3.00, saving the day.
Total result: 14.89% net return on the combined trade structure.
The lesson? Missed trades happen – but the system gives second chances.
...Overnight futures dumped nearly 200pts post-Trump.
Looks like a “buy the rumour, sell the news” play – exactly what was forecast in the community.
My bearish bias below 5700 is holding strong – confirmed again by price action.
I’m stacking bear swings and adding aggressively below 5500 via pulse bars and 10-min Tag ‘n Turn setups.
GEX flip point has shifted to 5640, but I’m sticking with 5700 as my bull line – no need to mess with margins.
I’m watching closely at open – things could get spicy.
My bull swing hedge may de-risk, and new income trades are lining up.
Business as usual… with added downside flavour.
...A trader asked: “Should I sit out because Trump’s speaking?”
It’s a fair question – but here’s the truth:
News just accelerates what’s already happening.
I’ve got a discretionary override in place – still bearish below 5700.
You’ve got two choices:
Trade the system (regardless of news)
Sit it out due to uncertainty
The SPX Income System doesn’t require prediction – it runs on rule-based signals.
Don’t let fear of the news cycle override a proven process.
...Still bearish below 5700 – nothing new, but still true.
Tuesday’s 0-DTE win kicks off April with some momentum.
March was slow, dull, and full of fake-outs – April shows promise.
Still scanning for bearish pulse bars, especially under 5500.
Will compound into existing bear swings as conditions ripen.
All eyes on Friday’s NFP report – could be the volatility trigger we’ve been waiting for.
Until then… long live the bear.
...Opened a bearish pulse bar trade today.
Collected $3.00 in premium – set a buyback at $0.30.
Trade closed early afternoon for a 90% gain.
Pattern is playing out like clockwork – saw it on 28th Feb, and again today.
Rallies keep fizzling – same trap, same fade.
Key takeaway: Follow the pattern, ignore the hype.
...