July 24th. XLU put spread. Opened at $0.85, closed at $1.11. $26 profit per contract. Three days.
That trade didn't make me rich. But it didn't have to. The Pocket structure caps your risk before you enter — you know the floor, you know the ceiling, and the worst case is defined before you click anything.
That's the whole point.
The reason I trade this way comes down to five pre-trade checks that run in under sixty seconds. I put them into a free report — The 60-Second Checklist That Stops a Bad Options Trade Before You Ever Click "Buy."
One section covers why most traders misread safety. They set a stop-loss and feel protected. The report explains exactly how and when stop-loss orders fail — and what to check instead before you enter.
Another section breaks down the sizing calculation that turns a bad trade from a setback into a catastrophe — and how to make sure that never happens to you.
These aren't textbook concepts. They're the checks I developed training traders at thinkorswim and TD Ameritrade, and they're the same ones I run on every position today.
— Don Kaufman
P.S. Normally $29.97. Free today. You keep it regardless.