Ahoy there, Trader! ⚓️
It’s Phil…
Let’s talk about a bull trade gone sideways… and a bear hedge that came in clutch.
Last week, I kicked off a bullish swing #1 setup – everything looked primed for a breakout.
Then came Friday’s gut punch: a gap down and a swift morning selloff.
Now here’s where it got interesting…
As I told the mentorship group, I wasn’t watching the charts that morning – other business distractions.
So by the time I checked? Move’s done. Opportunity missed.
My immediate thought?
“Bugger. Missed it. It’s clearly marked. Can’t chase it now.”
So I did what any disciplined trader should do when the moment passes:
Wrote it off. Focused on new setups.
Then Monday rolls in…
We gap down again. An old bear swing hits target and cashes out (win!).
Then… we rally right back into the same level I’d been watching.
At this point, it’s a no-brainer.
Get on the hedge. De-risk the bull swing. Salvage the situation.
⬇️⬇️⬇️ – keep scrolling for more in-depth analysis – ⬇️⬇️⬇️
The Numbers: From Missed Hedge to Profitable Outcome
Let’s break down how this played out mechanically:
Trade #1 – The Original Bull Swing
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✅ Collected: $2.50 premium on 20 lots
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❌ Expired worthless
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✅ Total collected: $0
Trade #2 – The Bear Hedge
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✅ Collected: $3.00 premium on 25 lots
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✅ Closed for $2.70 profit
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✅ Total kept: $67.50
Now, let’s do the math:
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Total collected: $117.50
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Net kept: $17.50
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ROI: 14.89% net return
Not earth-shattering. But…
✅ Turned a failed bull swing into a profitable outcome
✅ Didn’t panic or chase the move
✅ Used structure and discipline to recover the trade
That’s how you win the war even if you lose a battle.
Expert Insights – Don’t Chase. Don’t Panic. Don’t Quit.
Missed trades happen. It’s part of the game.
But what separates consistent traders from the chaos crew?
✅ They don’t chase the move.
Missing a setup doesn’t give you a free pass to force it.
✅ They don’t panic.
Just because you missed a hedge doesn’t mean the whole trade is doomed.
✅ They stay flexible.
The SPX Income System provides second chances – if you stay alert and think like a strategist.
This isn’t about being perfect.
It’s about being prepared.
Fun Market Fact
The term “hedge” comes from the literal act of hedging your bets – like a medieval soldier hiding behind a hedgerow for protection.
In trading, it’s the same idea: a safety position to protect from getting smacked in the face by the market.
Video & Audio Podcast
Today’s Commentary Is a Silent Film
There’s no video or podcast today.
Just imagine me waving my arms at a bear flag and mumbling something sarcastic about 5700.
Regular programming resumes shortly.
Happy trading,
Phil
Less Brain, More Gain
…and may your trades be smoother than a cashmere codpiece
p.s. Trade Smarter, Not Just Harder
You don’t need perfect entries to profit.
You just need a flexible system and the discipline to follow it without ego.
✅ Trade setups like these every week
✅ Learn when to hedge, when to cut, and when to pivot
✅ Stop chasing charts and start trading with structure
- Join the Fast Forward Mentorship – trade live, twice a week, with me and the crew. PLUS Monthly on-demand 1-2-1’s
See how I consistently navigate losing trades to profitable outcomes.
- Or watch the free training to see the SPX Income System in action.
We do this together – live. Real trades. Real coaching. Real results.