I spent this weekend on a cruise ship to celebrate a friend's birthday. The cruise was an amazing time. For those who know me in real life, you know I enjoy asking lots of questions as I mingled and chatted with people I've never met. I always slip in some casual questions about the stock market, money, and financial freedom because I want to gauge a person's knowledge and temperament to take risk. The responses I got were all too familiar: "I don't have time," "I don't have enough money," "I don't know enough," and "I'm afraid of losing money." These self-limiting beliefs kept popping up, and it made me realize how common they are. Don't get me wrong, everyone I met was super busy, and I get it. Life moves fast. That's also the problem, it moves so fast that if you don't focus on finances you will miss the most important parts of the journey called life! But what most of them don't realize is by building passive income streams they'd have more time to spend with their family and friends. They'd be able to spend 5 days randomly traveling down to celebrate a birthday without worrying about money. They can build sand castles with their kids without worrying about how we're going to afford dinner tonight. Financial freedom and substantial wealth usually doesn't come from just working 40-hour weeks endlessly, unless you have a highly specialized job that pays a lot. The safest thing isn't just to work hard and stash a bit away in a retirement fund—that's the work-and-pray method. When people tell me they don't have time, I explain that you can set up passive strategies to fit your goals and objectives. Even build a simple portfolio with a few index funds. Then let time work for you, often better than any financial advisor might. But then fear kicks in. I see it in their eyes. They're afraid of losing money, making mistakes, or thinking they're not smart enough. I've been there. I've had all those thoughts. So I understand where they're coming from. But I also see how these excuses are holding you back by sticking to mainstream thinking. Yes, it takes a bit of time to learn how to invest and trade passively. Everything has a learning curve. But once you have the knowledge, actually doing it takes minutes out of your week or day. When you take control of your savings and finances, spending a small amount of time each week can build wealth that lasts generations. And it doesn't have to be complicated. Some might think, " If it was that easy, wouldn't everyone do it? " But the truth is, people don't because they believe they don't have time or they're too afraid. They think they don't know enough and assume that someone with a title like financial planner or investment banker knows more. What they don't realize is that many of these professionals are just salespeople who prey on these fears. So when I meet new people, it's frustrating to see them stuck in beliefs that aren't protecting them—they're holding them back. Once you take control of your investments and build a foundation of knowledge, all those excuses start to fade. Yes, you'll need to save money. I know that's not always fun to hear, but within five years of sticking to a plan, you can build up enough to make a real impact on your life. There will be ups and downs, but clinging to the mindset of "I don't have time, I don't have money, I don't know how, I'm not smart enough" won't get you anywhere. We all have these limiting beliefs. You're not different from anyone else. The sooner you decide to push through them, the sooner you'll find your freedom. I was never content with the idea of retiring in my 50s or 60s. I wanted it sooner, and I hope you will too. I'm sharing this from my own life experience. I'm not trying to sell you on expensive or complicated strategies that might not work. I'm just trying to show you that if I can do this, anyone can. You just need to understand why it's important to make a few sacrifices at the start and how powerful time is in growing your wealth. I've written several blogs about the importance of time in the market versus timing the market. What I'm saying isn't just hypothetical—there's real research and methodology behind it. Honestly, I'm tired of hearing the same excuses about being too busy. That mindset is actually holding you back from the time freedom you want most. I'll see you this weekend with a weekly recap, Mr Money Maxwell Inner Circle will get a video with my trade ideas and market thoughts. Come join us in discord if you don't want to wait until this weekend :)

Greetings from the balcony of a cruise ship! While this week's blog might be a bit shorter, I'm still packing in my thoughts and trade ideas on the current market landscape and how I'm positioning my accounts amidst recent developments. Market Overview: Riding the Waves After the markets surged higher post-election, we've observed some selling this week. However, when we zoom out to a weekly chart of SPY, we notice that we've only retraced about half of last week's bullish candle. When you look at the chart above you see we haven't even retested the weekly 10 ema yet. This is not much of a pullback. It's important to remember that while the market is unpredictable, it's uncommon for it to move straight up or straight down. If you haven't backtested a few significant bearish moves, I highly recommend doing so. You'll find that even during substantial declines, there are aggressive bounces along the way. We're still in a bullish trend even with a little more aggressive pullback in tech. Playing that doji like I mentioned to the Mr Money Maxwell Inner Circle would have been nice. Notice we haven't touch the 10ema on QQQ either IWM looks similar. We do have NVDA earnings coming up on Wednesday and that could move the market as NVDA has a huge market cap and so it's weighting is pretty big in the SPY and QQQ. Speaking of earnings this is the most popular stocks with earnings this week: Trading Strategy: Buying the Dip In my trading account, I'm positioning to buy the dip. Specifically, I'm selling puts on companies I wouldn't mind owning at lower prices. Additionally, I'm initiating pyramids into companies I like from both a fundamental and business perspective. This is all posted real time in our discord. If you aren't participating I have NO idea why not. Also I'm sharing more in-depth information with my inner circle! No reason to post the same thing here, check discord and join the inner circle ! Long-Term Account: Benefiting from the Pullback My longer-term account had several covered calls that expired this week, coinciding with November's monthly expiration. The recent pullback actually benefited some of the covered calls that were being tested, providing an opportunity to adjust positions favorably. The Wall of Worry: Navigating Market Sentiment The "wall of worry" in a bull market is a fascinating phenomenon. If you haven't experienced it before, you're witnessing it now as many people harbor a bias that a significant correction is imminent. The reality is, no one truly knows what's ahead. I rely on moving averages to gauge potential bounce points. If we fail to hold a moving average, it serves as a warning sign. I discussed this in a [previous blog post](#)—feel free to check it out if you haven't already. Bonds vs. Stocks: Diverging Narratives One slightly concerning issue I'm monitoring is that bonds and stocks aren't telling the same story. Generally, when stocks outperform, bond yields tend to decline. We observed something similar on the downside in 2022 when both bonds and stocks fell together. It's something worth keeping an eye on. We've been building a position in TLT, as it seems the Federal Reserve plans to continue cutting interest rates, even if bonds aren't trading accordingly. Federal Reserve Chairman Jay Powell has stated he's not in a rush to cut rates. However, let's not forget he initially started with a 50-basis-point cut. This fact might have been overlooked by some of the talking heads we see on television and the internet. Market Sentiment: Staying Grounded Amidst Noise This market is almost craving negative headlines like the kids wanting soft serve ice-cream on the cruise ship! These headlines make people nervous, and financial experts and online communities often thrive on generating anxiety. Don't fall for it. Remember that markets aren't supposed to move in straight lines. My point this week is to remind you that we should continue to use the information at our disposal and our understanding of math and probabilities to trade small, trade mechanically, and trade often. There's nothing wrong with simple strategies and modest trades. My approach isn't to be overly aggressive or take unnecessary risks in the short term. I'm focused on passive wealth building because I know that's what's worked for me over the years. Ok I'm headed back to join the festivities of a birthday celebration onboard the ship. Cya here next weekend, much sooner in discord ! Happy Trading Good Kids! -$Maxwell

This should be an interesting post let’s start with politics and religion… What? Yeah…  You see, I’ve been thinking about what to write this week because I want these weekly posts to provide you value. Here we go... Thanks to META AI for helping me with this visualization: Since Sunday's posts are themed inside Mr Money Maxwell’s Mind let me take you on a quick tour of my thoughts on the GKT community, my ideas about the stock market and then I’ll do a quick dive in the week that was and what I’m doing coming up. I’ve belonged to sooo many trading groups where I’ve made money, but the topics and the opinions on non-trading issues like politics and religion. And the money is great, but the offtopic BS bugged me, offended me, and/or sometimes alienated me. I believe it’s fine to have whatever beliefs you want and for them to all be different. But there is one thing I’m not okay with. That’s if you don’t want to make money in the stock market! Do you want to make some money in the stock market? Would you like to make it simple and passive? Do you know that money is the tool you need to make all your dreams come true? If so… You’re in the right place regardless of your color, gender or beliefs about anything else! The thing I love most about good kids trading is that we can focus on the one thing that unites us, that’s our desire to use the stock market to fuel our desire to have a better life, to make money to do the things we love, and support ourselves and our family. Regardless of who you voted for, or how you feel about specific personal issues, GKT was solidly focused on the impact to the stock market, without name calling or grandstanding about the ‘right’ way to think. I hope you enjoy and appreciate this as much as I do. It seems to be a unique model to stick to trading, and not charge crazy monthly fees to look at someone’s trades in real time who is not only successful, but who’s main source of income is in the trades I’m posting in our discord !   Next lets talk about a huge challenge holding so many people back… It’s fear and information overload! If you are looking for a magical way to grow your small account to hundreds of thousands of dollars quickly all I can say is good luck, and you aren’t in the right place. This is the combination that stock market gurus love because they will get rich selling you strategies that may or may not work for the short term, but always lose in the long term because the BIGGEST enemy to all traders and investors is when you get too big and a couple losses in a row decimate your account. Not many people ever recover from this financially or mentally. Let me be clear though, what I post in GKT, (on this blog and in our discord ) constantly talks about trading small, trading often, and trading mechanically. I’ve never said don’t take any risks, sit in all cash, or put all your money on a single trade for really good reasons… I know better. And I would argue you know better as well, you just want to believe that somehow someway you are going to win the lottery. Everyone who buys that lottery ticket (which I do sometimes, I don’t even care if you judge me) think we’re going to win! I think it’s important to stress that having some risk on is really important. It’s important to know the difference between investing and trading. It’s weeks like last week where you really see longer term gains in short amounts of time. If you have your account in all cash because you are afraid you are missing out on the longer term it’s time you figure out what you are afraid of and you need to realize that cash in the new environment where prices and expenses are outpacing savings rates and your paycheck it’s time you do something about it! What does that mean? That means you start listening to some of the things I’m saying and posting and you TAKE ACTION on what makes sense to you. I had a great week in my long term investments, my trading account, and even a small brokerage account I started with $5,000 I was up almost 250 on Friday alone in that small account… I’m not bragging, I’m begging you to push the fear and limiting beliefs aside! It’s cool to move to cash in your trading account from time to time. As I’ve been saying my trading account is currently under utilized with about 20% of my buying power being used. I’ve been stressing having some smaller trades on even though we had a lot of uncertainty and I know it’s paid off for me. No I didn’t have as much delta as I would have liked if I knew the SP500 was going to be up 4.5% this week. But what if the market dropped 5% instead in the short term? I’ve spent the last 2 weeks coaching about 10 different people with account sizes of all different sizes and my messages aren’t really that different. We’re all so alike when it comes to “what should I do” “what if I lose” and “I don’t know where to start.” I’m not marginalizing any of this. Its not easy when you are starting out, but you know the only way you get better? Let me spell it out for you. 1.       You build a simple plan 2.       You start small (even if that’s paper trading). 3.       You see what happens after you take that first loss 4.       You adjust your plan from the lessons you learned 5.       You keep going As I said I know this post is a little different than some of my Sunday posts but I just wanted to share what’s on my mind, tell you how grateful I am that you are part of this community and tell you that I’m not looking to sell you expensive coaching or charge you stupid amounts of money for strategies that work. If you want some more indepth information you should definitely join Mr Money Maxwell’s inner circle . It’s currently less than ½ a cup of starbucks coffee. (I’m honestly guessing because I don’t drink starbucks). But my inner circle is right over $2 a week. My 1:1 coaching is practically a steal 😊 And the content I post in discord is better than ANY trading group I’ve ever belonged to and it’s FREE… I’m stepping off my soap box now… I’m going to give you a quick overview of the market, if you want more information join the inner circle , or ask questions in the free discord . Have a great week! I’m headed to Florida on Wednesday, I’m working in a pet grooming shop on Thursday (long story), and I’m getting on a cruise ship on Friday to celebrate an amazing human beings birthday next weekend after she just survived breast cancer and she’s cancer free now! I have no idea what this post will look like next week. It could be more thoughts from inside my mind. If you like this post let me know, if you prefer the older style posts let me know that as well. Email me , DM me in discord. I’m here to serve you. I want you to have the freedom I have, and I genuinely care about you. With love and gratitude, -$Maxwell   Market recap: This weeks performance in the market was impressive. All the major indexes and sectors ended bullish. It was a huge week in the market for the bulls. Gold was pretty much the only laggard. TLT finally responded positively to the decision to cut rated by 25 basis points. The reason I keep talking about discord is because I'm telling you exactly what I'm doing. You can make money with us! I told everyone 3 times this week to pickup some TLT. even if it's 1 share... Inner Circle should have made good money on bitcoin. TLT short puts closing overnight! With the election over, Jay powell’s speech done, I think we’re in a place where we can add some risk and buy some dips. Luckily for the options sellers we have a couple more weeks of earnings, sure the biggest weeks of companies reporting are behind us, but one of the best ways to buy the dip is to find companies that had decent earnings but the market is upset based on some guidance or words that the market might interept incorrectly. Look for patterns you like on the charts, checkout my 7 favorite patterns post : Look for high probability math based trades and put on a little risk. If you can't find them look at my trades and my admins trades in discord! Heck buy a few shares of companies you like. You don’t have to make this too complicated. That’s where people get confused, and that’s what holds most people back!

I talk a lot about running and compare it to trading because both of them are 2 of my favorite things to do. Don't worry I'll probably stop the running talk and switch to cruise ships in a couple of weeks! Too many people give up on the stock market after their first big loss, and I think this is a BIG mistake! The Unfinished Marathon I failed to complete my first marathon. Months of training led up to the day, but somewhere around mile 18, my body gave out. I didn't finish the race even though I've run further in my training. Sounds like a failure, right? But here's the twist: I still run today. I still run races, and I enjoy them! From running up and down the Las Vegas strip: To running through New York City: You see that unfinished marathon (the first race I ever entered) taught me more about perseverance and self-discovery than any medal ever could. What if I quit running because I didn't succeed the first time? Just like running, trading and investing are journeys filled with highs and lows. It's not the victories that define us, but how we handle setbacks. Now lets talk about trading, because it's not that different. Embracing the Losers Anyone can manage the winners—those trades that go exactly as planned. But it's the losers that teach you the most. Expect to be humbled, especially in your early years of trading. Every seasoned trader has faced losses; it's an inevitable part of the game. The crucial question is: How do you deal with them? Do you throw in the towel, claiming the market is rigged? Or do you learn and adapt? My First Big Loss At 17, full of youthful confidence, I gave all my savings to a financial advisor. Seems safe right? He's a professional afterall. (A professional salesman I later figured out.) It was right before a bear market. Within a month, over half of my savings evaporated. It was a harsh lesson in market volatility and the realities of drawdowns. But instead of walking away, I chose to understand what happened and why. The Tech Bubble and a Hard Lesson Learned During the tech bubble, I jumped headfirst into stocks without understanding fundamental analysis. I tripled my account—a thrilling high—only to blow it all in a week. That sting of sudden loss taught me the importance of looking beyond hype. I learned to examine price-to-earnings multiples, assess if a company is actually making money, and pay attention to earnings reports. The Search for the "Can't Lose" Strategy I've invested in countless coaches and strategies, spending more money than I'd like to admit. I was chasing the illusion of a foolproof system. Here's the truth: there isn't one. No indicator or strategy works all the time. The market is dynamic, and adaptability is key. Every strategy has its moments of glory and periods of struggle. Getting Back Up Through the years, I've faced setbacks that could have ended my trading journey. But I kept getting back up. Each stumble wasn't a signal to stop but an opportunity to learn. That resilience is how I've found the freedom I enjoy today. Trading is Education Think of trading like your educational journey. The first time you encounter a new concept, it feels alien. You might struggle to explain it to others. But with repetition and study, it becomes familiar. By the end of your education, you might not recall every lesson, but you understand when and how to apply key strategies. Don't expect to enter the trading world as a graduate student or Ph.D. on day one. That mindset can lead to risky decisions and potential losses. Instead, embrace the learning process. Understand that building knowledge takes time, and every experience—good or bad—is a valuable lesson. Please Keep Going If you've had a bad experience in the market, know that it's perfectly normal. It's easy to think, "Maybe the stock market isn't for me." But basing your decision on limited experience is like quitting school after failing a single test. Trading is an education, one that requires patience, persistence, and a willingness to learn from mistakes. Knowledge is Freedom That's why I created Mr. Money Maxwell . For the price of a cup of coffee you get my best content and weekly updates. It's time to build a trading curriculum that makes money-making strategies second nature. When you arm yourself with knowledge, you're not just reacting to the market—you're understanding it. Keep running your race. Learn from every step, and never give up. Happy Trading Good Kids -$Maxwell

Stocks were a bit spooked by Halloween, does anyone have the phone number for the Ghostbusters? It was a busy week of earnings with 22% of the S&P 500 reporting and 14 of the top QQQ names. The good kids were busy selling puts on solid companies that gapped down after earnings. Even though this week’s market wasn’t as bullish—SPY was down about 2% with our second consecutive down week—we’ve had quite a nice run with 6 of the last 8 weeks being bullish. It’s normal to have some breaks; nothing goes straight up. Did you notice how SPY bounced right off the 10 EMA in the image above? Moving averages are a key indicator for me. If you want your charts to look like mine, you should check out my free trading guide on setting up moving averages ! As for the QQQ, tech remains in a third week of indecision. Tech just can't break through 500. Notice the expansion each week? Although this week was more bearish than the previous two dojis, we can thank GOOGL and AMZN for their nice earnings, which kept the QQQ above the 10 EMA. So far, SPY and QQQ are bouncing where they need to, briefly touching the 10 EMA where buyers stepped in. We have a huge week ahead with the U.S. election followed by Jay Powell and the Federal Reserve meeting. I have no idea what the election will do to stocks. I've read both bullish and bearish cases for the market in the coming weeks—the truth is, no one really knows. The wall of worry in a bull market is a real thing, that we have to guard ourselves against. Less speculation, more blocking out the noise and executing our plan with logic not emotion! I’ve positioned my trading account in a fairly defensive way. Indexes are near all time highs, VIX is spiking, gold is high. Lets just be careful! I have some short puts on quality companies I don’t mind owning at lower prices. If we pull back, I could get put shares, and I would sell calls. If we keep moving higher, these puts would close for profits. No matter who you want—or don't want—to win the election, I hope you go out and vote. That’s as political as I’m getting here. Bonds are acting really strange since the first rate cut. TLT ran nearly straight up into Jay Powell’s announcement that he was cutting rates, followed by a decline. We have an obvious break down in the weekly trend line, TLT has pulled back since the rate cuts. TLT's price action this week looks like he’s going to raise rates this upcoming week, but I don’t think that’s going to happen. Neither does the market—as you can see from the CME FedWatch Tool: There is actually a 98.9% chance he's cutting by 0.25%. It seems the bond market is suddenly concerned about the federal deficit and spending as a new president is elected. If you're already in TLT, practice your holding muscle. If you don't have a position in TLT, why not start a pyramid to begin picking up some shares? I drew some lines on the chart above. This is a great way to add some diversification to your account if you're only in equities. I encouraged two coaching students to consider adding some TLT to their portfolios. Of course, we could see a pullback on Tuesday-Friday, but what if TLT bounces and you didn’t start your position yet? I had a busy week of coaching students every day! What I’ve noticed is that regardless of experience level, so many of us have the same limiting beliefs, fears, and dreams for our stock portfolios (perhaps our personal lives too). If you want to be a successful trader/investor, stop comparing your account to other people’s. Comparison is the quickest way to feel like you aren’t enough. If you're going to look at other people’s progress or success, use it as fuel to improve. The cool thing about my Inner Circle is that I can extract some of the key lessons from my 1:1 coaching and apply them to everyone. Here's a sneak peek at the members only page: If you haven’t checked out the blog I posted earlier this week , I’d encourage you to read it so you don’t let the daily P/L of short puts or covered calls impact your trading. I tell people to hide their account's P/L and instead follow their plan, but I'm not naïve enough to think most of them watch it daily. Inner Circle members received a video this week showing how I make put sales even more passive. I don’t even have to look at my broker unless I get a notification that the GTC hit or an alert that it’s time to adjust. Trading isn’t that much different than most tasks; it’s important to build a routine and a plan so you are successful. Once we get into a routine and have a plan, we’re almost guaranteed success. So start thinking about how you can build a routine around trading the same way you have routines for your kids, your job, and even your hobbies. The more structure and logic you add to trading, the more natural it will feel. Inner Circle members , check out the 40-minute YouTube video I posted. Although it’s not as tailored as 1:1 coaching, you get insights and takeaways that some of my coaching students had this week—all for the price of a cheap cup of gas station coffee! Have a great week. Get out there and vote, even if you think your vote doesn’t matter. Keep calm, keep trading, and try to see the good in others regardless of the things that divide us. We can all agree that making money in the stock market by clicking buttons on a screen is pretty freaking cool! Happy Trading, Good Kids! -$Maxwell

Hey Good Kids! I wanted to chat with you about something that's been coming up with my coaching students a lot lately. They're getting too caught up in the profit and loss of their covered calls and short puts. And you know what? I totally get it—we're all here to make money, right? But here's the thing: focusing too much on P&L can actually trip you up. When we sell a covered call, we're saying we're okay with letting our shares go at the strike price we chose. Same deal when we sell a put—we're getting paid to potentially buy the stock at that strike price. It's all about the logic behind why we made those trades in the first place. Let me share a story. Just this week, one of my students was fixated on the P&L of her option. She was stressing out because the price of the option showed a loss of $500, and she was considering closing it out for a loss. But she forgot to ask the important questions: What is the strike of the option you sold? Where is the stock trading now? How soon does the option expire? Has anything changed in my original thesis? The option price will fluctuate—that's just part of the game. But the P/L should NOT be the reason to bail on your strategy. Remember, our goal is simple: buy low and sell high. We're not trying to hit the absolute bottom or top because, let's be honest, no one knows where that is. That's why I usually aim for a 1% return every 30 days. For example, if I'm selling a $100 strike 30 days out, I'm looking to collect $1 or more for the obligation to buy the company at a lower price. I talk a lot about how I choose where to sell puts and covered calls in my latest ebook that available to all Inner Circle Members . If you haven't signed up what are you waiting for? It's less than you spend on a price of coffee each week. I've seen too many people exit covered calls or short puts for a loss when, more often than not, those options would expire worthless. If you're not comfortable letting your shares go at the strike price, you shouldn't be selling that call. If you're not okay with owning 100 shares at the strike price of the put, you shouldn't be selling that put. Focusing on P&L can stir up emotions and lead to hasty decisions. It might cause you to take a loss when, in reality, the option could expire worthless or, worst-case scenario, you end up owning shares you wanted at a price you're comfortable with. So here's my reminder: stick to your plan. Remember why you sold that call or put in the first place. Don't let the day-to-day swings distract you from your strategy. Just wanted to share this with you all because it's easy to get sidetracked. Stay focused on the bigger picture. Happy Trading, Good Kids! -$Maxwell

10/27/2024 We have a lot of earnings on Halloween—is it going to spook the market? (I know it’s a terrible pun, but I couldn’t help myself.) This week felt a little different—what was all this red stuff on the weekly heatmap? The rally in U.S. stocks is wobbling a little. Don’t get me wrong—we haven’t seen much selling, as people are eager to buy the dip. We have a stretch of potentially market-shaking events starting next week with corporate results from big tech, the closely watched employment report, and the U.S. election the week after next. I’m not especially bearish; I am cautious as markets are making new all-time highs, and the Fear and Greed Index is between greed and extreme greed. As a trader, I buy low and sell high. I’m not talking about investing—that’s more of a buy low and hold for a long time strategy. I’m hearing a little chatter of bulls making a case that bear markets are a thing of the past, mentioning how people are forced to protect their assets from being eaten alive by inflation, so when people invest in an ETF they never sell. Please don’t listen to this. Bear markets are a normal part of market cycles. No one knows when they will come. I’m not saying go all cash—I’m simply saying what I say almost every week: BLOCK OUT THE NOISE, TRADE YOUR PLAN! As you’ve seen in our Discord, the last two weeks I’ve put on a decent number of trades. Post-earnings put sales on gap downs are a very easy strategy and extremely profitable. Follow my real-time updates in Discord; it’s 100% free. I don’t know of anyone else giving away trades like we do at GoodKidsTrading.com without charging. Earnings All eyes are turning to big tech next week. Google, Meta, Microsoft, Apple, and Amazon are set to report. It’s not just tech: MCD (which is having an E. coli scare), ON, RCL, DHI, V, CMG, HOOD, SO, D, CVX... There are too many stocks to name, look at how long this graphic is! Earnings overall have been really good; it shows the state of companies in the U.S. is strong. Keep in mind earnings are from the previous quarter, and the market is forward-looking. We can use this to our advantage by selling premium when a company mentions possible weakness in their forecast and letting the market overreact. Nvidia Overtakes Apple as World's Most Valuable Company Nvidia dethroned Apple as the world's most valuable company following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips. Nvidia is always one of the last big names to report. Earnings aren’t until November 20th! Weekly Review SPY: As mentioned, we had a little more selling this week. We have a hammerish weekly candle. To put this in perspective, we are closing right where we ended two weeks ago. We're also almost 20% extended off the weekly 100 moving average. So although we had some selling, especially on Wednesday morning, there really isn’t too much fear. QQQ: On Friday, tech looked really strong. I saw some groups mentioning new all-time highs coming. 500 is still resistance. Things calmed down, ending the week with a doji candle of indecision, which makes sense because we have a LOT of big names reporting next week. You know how to trade a doji right? I showed you on the chart :) TLT: Bonds have been way more nervous than the stock market. Bond rates have actually reversed direction; it seems there is a bit more uncertainty with what the Fed is going to do on November 6th. That’s right—Jay Powell and the Federal Reserve are meeting the day after the election next week. It’s going to be wild. We sold some puts in TLT... Lets hope my purple line plays out after the election and fed meeting in 2 weeks! IWM: Small caps ended the week lower. When you look at this chart, do you see how it bounced right off the weekly 10 EMA? Now you see why I like moving averages so much! If your chart doesn’t look like mine, maybe you should download my free TradingView guide! GLD: What is this strength in gold telling us? It’s telling me people are concerned about preserving their assets and looking for something safe. The strength continued this week; silver is also making a move, but gold is much stronger. BTCUSD: I’m hearing lots of people mention Bitcoin is ready to break out, talking about how it’s an inflation play (which has always been the reason crypto enthusiasts have touted Bitcoin), but as you can see, it hasn’t happened so far. I see a thesis for trading this long. VIX: We have a bullish inside week on VIX after the week before where fear pulled back. Sorta looks like some compression here. I can’t help but think VIX will remain elevated with the economic news this week and the election the week after next. That’s all for this week. Mr. Money Maxwell Inner Circle members have access to weekly video updates, with trade ideas, how I think about trading and investing, and access to my newest ebook Passive Trading with MrMoneyMaxwell.com – Grow Your Portfolio with Stocks Under $100 . It’s $2 a week—you can’t even get a cup of Starbucks coffee for that. Join Now  before I raise the price! You can't say I haven't given you a chance :) Have a great week, a happy Halloween, and I’ll see you next week right here. Much sooner in Discord ! Happy Trading, Good Kids – $Maxwell

Ever feel like you're drowning in information? Not sure how to make money in the market? Oftentimes, traders think they need to master every strategy, pattern, and tool in the stock market to succeed. But the truth is, it's easy to get caught in a whirlwind of data and overcomplicate the journey. I'm with you, I understand how we want fast results and think more leverage equals more profit. What if I told you the opposite is true? Alex Hormozi said it takes 10,000 hours to become an expert, and while that may seem daunting, there’s a way to simplify it. The secret lies in focusing on one strategy and mastering it. Trying to do too much too fast is like learning how to assemble IKEA furniture with a power drill before you’ve ever learned how to use a manual screwdriver. Your portfolio is going to end up getting destroyed like the particleboard of that living room table you saw in the showroom if you aren't careful with the assembly! My Journey to Becoming a Runner We all know I'm not normal, but I see relations to trading almost everywhere and in most everything I do. I was thinking about this over the weekend while I was running... I never thought I would be a runner, yet here I am about to go for a run at 5:30 am. Over the last two years, I've been running consistently, and just now, I’m starting to see real progress. I’m not an elite runner by any means, but I can see the changes—mile by mile, step by step—because I showed up every single morning, no matter what. Running has reminded me that progress often takes time to become visible, but that doesn’t mean it isn’t happening. It went from being hard and something I didn't think was possible to something I now need for my health and mind. We all want to be the fastest runner, but rushing can lead to injury, just like rushing in trading can lead to big losses. Over-leveraging is a sure way to blow up your trading account, just like that time I tried to run a marathon without enough water... You will NEVER forget when you push too hard too fast. Self-discipline is the most important part of both running and trading. Trading is awesome because it is you against the market. You have no boss, no accountability (unless you want it), and make all the decisions. Trading is also incredibly hard because you have no boss, no accountability, and you make all the decisions! No one knows if you add more risk than you should to a trade, just like no one knows if you only run five miles instead of the ten you planned. But ultimately, it’s about being accountable to yourself. If you have a good plan that follows our "trade small, trade often, and trade mechanical" approach, you make discipline and accountability easier to obtain. When you are on mile 5 of the 10-mile run, you know why you are doing it. You are more likely to keep trading (or running) when a trade goes against you or you are having a rough time when you have a strong why and have built up the knowledge and discipline with regular frequency. Why Focus on One Tool? When you start anything, you don’t need a thousand tools. You just need to learn how to use one effectively. Think about it—if you’ve never built furniture before, would you start with a complex tool like a power drill? Probably not. You’d grab a screwdriver (or use the one IKEA gives you in the box) and work your way up. It’s the same with trading. In the stock market, there’s no shortage of strategies: naked puts, iron condors, momentum trading, dividend investing, options buying. But jumping around and trying everything at once can do more harm than good, just like stripping the screw with a drill when you don’t know how to handle it properly. The screwdriver—slow and steady—gets the job done without ruining the materials. The Illusion of Fast Gains and More Power One of the biggest misconceptions is that the more you know, the faster you’ll be successful. I wish this applied to running; I could just read my way to the Boston Marathon! This mindset in trading is dangerous. The sooner you realize the market is a dynamic place with really smart people and machines, the sooner you understand you shouldn't take on unnecessary risks by using too much leverage and expecting overnight results. This is where traders often blow up their accounts—they’re using a power drill on delicate screws, thinking more speed and power will make them profitable faster. The analogy is picking up pennies in front of a steamroller. You might pick up 100 pennies in a row before the steamroller catches you. But most of the time, the steamroller's damage is far greater than the 100 pennies you picked up. It's just not sustainable to keep yourself overleveraged mentally, physically, or financially. In reality, consistency and confidence in one strategy are where the magic happens. Trying to be an expert in everything right away can lead to over-leveraging, bad trades, and an emotional rollercoaster. Instead, what you need is patience. Focus on one strategy, master it, and slowly expand. It’s not glamorous, but it’s how you build true, long-term success in trading. Trading the Good Kids Trading Way Just like my journey to becoming a runner, trading is about consistency and showing up every day, regardless of who is watching. No one knows whether you stick to your trading plan except you. No one is grading you or keeping score. But that’s precisely why it’s so important to stay committed—because you’re doing this for yourself. It’s natural to want fast results, but the greatest traders didn’t rush their learning. Just like running, trading requires discipline and consistency—even when no one is watching. They focused on being great at one thing before adding more strategies to their playbook. Your goal shouldn’t be to "get rich quick" but to "get skilled steadily." The profits will come as a byproduct of consistent and focused learning. It’s important to remember that this journey should be fun. You should enjoy this process, whether it's trading or running. You should enjoy the process of learning and growing. That doesn’t mean every day will be great, but over the long term, this kind of commitment leads to success—both in trading and in life. So ask yourself: what’s the one strategy you want to focus on for the next six months? I understand many traders aren't sure where to start. That's why I built a guide for Mr. Money Maxwell Inner Circle Members called: Passive Trading with MrMoneyMaxwell.com - Grow Your Portfolio with Stocks Under $100 I share with you a watchlist of my favorite names under $100 a share! I give you my strategies for knowing where to buy and where to sell these stocks I walk you through all of the most important information I wish I knew starting out. I will start selling this individually on Gumroad, but for $99.99 a year, you can get this guide RIGHT NOW as an inner circle member, as well as weekly updates from me. For less than $2 a week, this is a bargain to help get you motivated and educated on your trading journey! Join now , before I raise prices. Remember, the journey to trading success isn’t about mastering every tool from day one. It’s about finding that one strategy that is simple and easy for you to follow so it works for you. So after a year, you don't even recognize that person you were before. You become an expert at it, and then slowly expand your strategies from there. The market isn’t going anywhere, and neither should your patience. If you want help figuring out which "screwdriver" to pick first, reach out. Let’s simplify the process and build a strategy that works for you. I'll see you sunday right here! Much sooner in our free discord ! Happy trading, good kids! $Maxwell P.S. Want to dive deeper into strategies that build long-term wealth? Join Mr. Money Maxwell’s inner circle Every week, I share insights from over 20 years of experience to help you master the market, one step at a time. Sign up today and get started on your journey to financial freedom.

10/20/24 As markets approach new highs, it’s a perfect moment to remind ourselves: trading is not just about growing numbers on a screen—it's about turning those profits into real value. Whether it’s paying bills, building wealth, or treating yourself to something special, taking profits matters. For a long time, I was too focused on making more to ever take anything out. I thought keeping every dollar in the market was the way to win. But that mindset kept me from experiencing the rewards I was working so hard for. Let me share a story that really drove this home for me. It was four years ago, right when Airbnb went public. I had a great run with some trades on Airbnb, and I found myself with a sizable profit. But instead of just letting it sit there in my trading account like I usually did, I decided to do something different. I took a chunk of those profits and booked a week-long trip to St. Thomas, USVI. Now, I’d been trading for a long time, but I was always in this habit of reinvesting, always chasing the next gain. Taking money out felt like I was breaking some unspoken rule of trading. But that trip to St. Thomas was a turning point for me—it wasn’t just about a vacation, it was about making trading real. I used those profits to pay for an Airbnb, a rental car, plane tickets, and all the little experiences that made that week unforgettable. For the first time, I saw the true value of what I was doing. Trading wasn’t just a video game with numbers going up and down. It was a tool—a way to create experiences and improve my life in a tangible way. That’s the lesson I want to share: taking profits, even just a small amount, can change the way you view trading. If you have a small account, maybe this means buying yourself a nice coffee with your gains once in a while. If your account is bigger, maybe it’s treating yourself to a trip like I did. The point is, the habit of taking profits, no matter the size, can make a huge difference in your mindset. It reminds you that trading is a tool for enhancing your life, not just accumulating numbers. If you’ve had a good 2024, I urge you to take some money out of your trading account and do something worthwhile. Bonus points if you use those profits to purchase another appreciating asset—build freedom with each step you take. Eguide for Inner Circle Members For those looking to take their trading to the next level, Mr. Money Maxwell Inner Circle members are getting exclusive access to the Passive Trading with MrMoneyMaxwell.com - Grow Your Portfolio with Stocks Under $100 edguide.  This guide is designed to help you grow your portfolio with high-potential, affordable stocks. If you're not already a member, now is a great time to subscribe and get access to this valuable resource. Subscribe to Mr. Money Maxwell Inner Circle today! Weekly Market Recap Now, let’s dive into this week’s market action. With the U.S. presidential election less than three weeks away, I expected more market jitters, but instead, SPY closed at a new all-time high this week! Seems like a wave 5 to me QQQ: Tech is pushing towards new highs as well. Will previous resistance continue, or can tech breakthrough 500? IWM: As we anticipated, IWM is showing bullish action after the first rate cut. Hope all you good kids are in with me on this one. GLD: new all time highs! GLD, TLT, and VIX: Gold is hitting new highs, signaling a search for safety. It’s interesting to see both stocks rising nearly every day and VIX staying elevated—definitely a sign of mixed emotions in the market. VIX elevated despite market strength. Although a little pullback this week. The Greed and Fear Index keeps toggling between greed and extreme greed. It’s natural to feel some FOMO if you're not long right now, and I hate to say it, but you kind of are. However, as smart traders we aren't adding a ton of risk until this turns back to fear. TLT's pullback to the mean suggests the market is unsure about next month’s rate cut. Meanwhile, gold’s strength hints that investors are preparing for turbulence. If we make it through the election without much of a pullback, the market could continue climbing through year-end. It’s important to keep some bullish trades on—bulls love climbing a wall of worry. For my Mr. Money Maxwell Inner Circle members , I’m sharing specific trade ideas to navigate this environment. If you aren’t a member, you might want to consider joining. And remember, I’m also posting almost all of my trades in GKT’s Discord, so come follow along there. As this bull market continues, I’m also staying mindful of the "wall of worry." I’m not outright hedging but I am taking profits on some trades and putting the cash in SGOV to lock in "risk-free" yields while they last. You don’t want to go completely risk-off—bull markets can keep running longer than it seems they should. Let’s stay on the lookout for opportunities, especially with earnings season heating up next week. This week was a great one for trading gap downs in earnings—classic bull market behavior. Buyers are stepping in at every dip. Let’s see what next week has in store! That's all for this week. I'll see you right here next week. Much sooner in discord ! Happy Trading, Good Kids! -$Maxwell

For years, I thought there had to be a perfect strategy to make money in the stock market. I spent so much time searching for that magic formula, certain there was some secret I hadn’t yet uncovered. Maybe it was all about selling premium. Or perhaps long-term shares were the key. I didn’t know—but I was determined to find out. The truth? There isn’t a single "perfect" strategy. The market moves in cycles, and it took me a while to realize that one approach isn’t enough. Selling premium can generate consistent income, but without long-term stock ownership, you’re missing out on the real wealth-building potential of share appreciation. Why Long-Term Shares Matter In today’s fast-paced trading environment, it’s easy to get caught up in the short-term mindset of selling premium. But here’s the thing—if you’re not holding long-term shares, you’re leaving a lot of money on the table. According to J.P. Morgan Asset Management, between 1980 and 2020, 29% of all days in the stock market resulted in all-time highs . This shows that staying invested for the long haul is key to capitalizing on the market’s upward trends. Just selling premium or staying delta-neutral won’t allow you to ride the waves of appreciation the market offers. Historically, the S&P 500 has averaged around 10% annual returns , and much of that comes from share appreciation over time. Like Warren Buffett says, “Our favorite holding period is forever.” When you own shares in quality companies, you not only benefit from their growth but also from dividends, compounding returns, and the potential for significant appreciation over the years. The Limitations of Only Selling Premium Now, don’t get me wrong—selling premium is a great strategy, and I do it myself. But it has its limitations. A study by CBOE shows that options-based strategies can outperform stocks under certain market conditions, but here’s the catch: options don’t appreciate  like shares do when the market trends higher. Take last year’s bull market as an example. Traders who held long-term bullish positions saw far better results than those who stayed neutral or focused solely on selling premium. Why? Because shares appreciate , and if you're not holding them, you're missing out on that growth. A Balanced Approach: Diversify for Long-Term Success Even seasoned traders like Tom Sosnoff focus on staying delta-neutral, constantly adjusting positions to manage risk. But here’s the thing—unless you’re working with a massive account size, this strategy alone won’t build wealth in the long run. The key is to diversify  your approach by combining premium selling with long-term share ownership. This way, you’re smoothing out returns while still capturing the long-term appreciation of stocks. Here’s what I recommend: divide your account into two sections—one for generating income through premium selling, and another for holding long-term shares in high-quality companies. For example, companies like Apple and Microsoft have grown massively in value and provided reliable dividends, further adding to your overall returns. In fact, dividends have contributed to over 40% of the stock market’s total return since 1930 , according to a study by Hartford Funds. Don’t Leave Wealth on the Table If you’re only selling premium and never holding shares, you’re missing out on long-term gains. The market moves in cycles, and the best strategy is one that balances short-term income with long-term growth. Take advantage of both. Build a portfolio that grows steadily over time and in the short term, too. Now’s the time to reassess your strategy— don’t miss out  on the wealth-building power of long-term shares. Trust me, it’s a game-changer. Happy Trading, Good Kids! -$Maxwell PS if you haven't joined MrMoneyMaxwell.com you are missing out on more great content just like this. Be sure to join our free discord for real time updates!

11/13/2024 Hey everyone, I'm back from my cruise, feeling refreshed and ready to tackle the last quarter of 2024. As we head into Q4, it's a great time to take a step back and think about where you are in your financial life—not just your trading account, but the whole picture. Have you maxed out your retirement accounts yet? Roth IRAs and 401(k)s are awesome tools. They let your money compound over time without Uncle Sam dipping into your gains every year. Plus, in a pinch, you can pull out your contributions from a Roth IRA without penalties. For 2024, you can stash away $7,000 ($8,000 if you're age 50 or older). I think this is super important to building wealth. Free Yourself: Pay Down Debt and Save More Let's talk about debt for a minute. I know it's not the most exciting topic, but reducing your debt is a game-changer. High-interest debt—like credit cards —is like dragging a ball and chain around your finances. By paying down that debt, you're not just freeing yourself from monthly payments; you're also freeing up cash that can go straight into your savings or investment accounts. It's all about increasing that gap between what you earn and what you spend. The bigger that gap, the more you can stash away to let compound interest work its magic. Are You Taking Enough Risk? Let's get real for a minute. How do you feel about taking risks? I'm not saying you should throw all your money into the market at all-time highs—that's not smart. But if you're sitting around waiting for levels we might never see again, it's time to rethink your strategy. Remember, we've got defined-risk strategies and we can set stops to protect ourselves. The market doesn't wait for anyone, and sometimes taking calculated risks is what moves the needle. Lessons from the Past 9 Months Looking back at the last nine months, what have you learned? What are you gonna do differently moving forward? For me, my account keeps hitting new all-time highs. I'm not telling you this to brag, but to show you what's possible when you combine saving with taking smart risks. I've built a life of freedom, and I want the same for you. I've been fishing all my life—literally and figuratively. That's why this saying hits home for me: GKT Is About Teaching You to Fish "Give a man a fish, and you feed him for a day; teach a man to fish, and you feed him for a lifetime." Good Kids Trading (GKT) is more than just me handing out trades (though I do share my real-time moves on Discord). It's about teaching you how I trade, how I save, and how I think , so you can find the freedom I've found. I want you to understand: - Why I take certain trades - How to manage risk effectively - The mindset needed to succeed in the markets Mr. Money Maxwell's Inner Circle As we dive into these last three months of 2024, it's time to level up. That's why I'm inviting you to join Mr. Money Maxwell's Inner Circle . In the Inner Circle, we go deeper: - In-Depth Lessons: Learn advanced strategies like put ratio spreads, naked puts, and more. - Real-Time Insights: Get the inside scoop on what's driving my trades. - Community Support: Connect with others on the same journey toward financial freedom. Let's Make Q4 Count So, are you ready to step up your game? Don't let another year pass by without taking control of your financial future. Join me in the Inner Circle, and let's make these last few months of 2024 the start of something big. 👉 Click here to join Mr. Money Maxwell's Inner Circle and start your journey to financial freedom today. Happy Trading Good Kids! Mr. Money Maxwell Weekly Update: SPY: New all time high on Spy once again! I expected a little more pressure heading into the election, but it seems like the market just wants to grind higher. RSP: This shows the overall breath of this rally. New all time high close on RSP this week. TLT- Bonds are looking much weaker than I expected. Will the fed be forced to hold off on a rate cut? QQQ- Teceh put in a nice bullish candle this week, not quite at all time highs. There is some pressure from Google, Tesla and Micorsoft. IWM put in a nice weekly candle which is much needed. The small caps have been weaker than I expected with rate cuts Week ahead: Pretty quiet week news wise, although I expect the market to focus on jobless claims and the strength of the job market is in focus. No dividends aristorcrats or kings this week. Earnings cranking back up Make sure you watch discord for any trades I take!

Normally, each weekend, I dive into charts, strategies, and opportunities to make you money in the market. But this week, I’m coming to you from a very different perspective—writing from Port Canaveral, about to board my second consecutive cruise on Royal Caribbean’s Utopia of the Seas . After 1.5 years of non-stop content creation, I decided this was the perfect week to disconnect. Why? Because as traders, we all have a tendency to get overly attached to the market. If you’re anything like me, stocks are always on your mind. But here’s the thing: while the market may seem urgent, freedom and experiences are the real reasons we want that money.   So what does this mean for you? It means you don’t have to be glued to your screen every minute of the trading day to be successful. Yes, I took a couple of trades from the pool deck, but overall, I’ve let my strategies work for me while I enjoy my time away. And that’s exactly what I want to teach you through Mr. Money Maxwell—how to set up your trades and strategies so you can step away without fear .  It’s not just about avoiding the fear of a market crash, it’s about escaping that constant FOMO (fear of missing out).   I’ve said it before: understanding where we are in the market lifecycle and where monetary policy stands is crucial. When you grasp that, and when you follow the strategies I teach through my blog and Discord, you can confidently use techniques that work quietly in the background while you live your life.   Now, whether you're sipping a frozen drink on a tropical island like me or navigating the normal stresses of life, I want you to know this: the stock market can be passive. I believe wholeheartedly that math and time are your greatest allies. Selling premium, collecting dividends, and trading off long-term moving averages are just a few examples of the strategies that have helped me build a life of freedom.    You don’t have to push hard to succeed. In fact, I’ve found that the more you try to force success in the market—by increasing leverage or risk—the quicker it can slip away. The market is not about getting rich quick. After nearly three decades of trading, I can confidently tell you that path doesn't exist. Instead, it’s all about using common-sense strategies that deliver consistent returns over time.   The secret to making more money? It’s simple: save more and invest more . The more capital you have, the more opportunities you can take advantage of. That’s the formula for building wealth and freeing yourself from the grind.   So, here’s my message for this week: stop worrying about being glued to the market. Trust in the systems you’ve set up, revisit your trading plans during downtime, and remember that financial freedom means the market works for you , not the other way around.   At Good Kids Trading and within the Mr. Money Maxwell Inner Circle, my goal isn’t just to give you fish (individual trade ideas), but to teach you how to fish—how to trade like I do. My mission is to show you how to build a life where your money works for you, not the other way around.   I’ll be back next week with my regular stock market insights. For now, I’m going to continue enjoying my downtime. I encourage you to do the same—trust your strategies, take a break, and let the market work for you.   Happy trading, good kids!  -$ Maxwell