 Hey everyone, welcome to our monthly update where we like to go over all of our closed trades for the month May is over may is in the books. So let's jump in and take a look just a quick recap Had a total profit of nine hundred and one dollars in May average profit per trade Fifty six dollars and thirty one cents, which is down quite a bit from our normal average just because of a couple Losers that we did take this month But we had 13 winners three losers 16 total trades for a winning percentage over 81% Had a lot of different trading strategies and we continue to really pound this into the head of our members that you want to Diversify not only the symbols you trade, but the strategies you trade the amount of time in the trade So this is just one example of how we're able to continue this consistency Short strangles iron condors calendar spreads short call verticals short put verticals long put verticals long puts Pre-earnings long call and post earnings short put verticals. So a lot of different strategies traded Let's go over to the Platform and take a look. Here's our performance page. You can always access this navigation trading comm Slash performance by the way our pro membership has reopened So if you're interested just to go to anywhere on our site navigation trading Click on the orange button that says pro membership and you can check us out there But this is our performance page. So we've been posting here going all the way back to June of 2017 You can click on this to kind of enlarge it a little bit But this just shows, you know going back to June of 2017 all of our closed trade profits And this is updated below. So in 2019 we've closed 57 trades average profit per trade right at $99 with a winning percentage of 80.7% and then if you scroll down below you get a breakdown of each month showing the symbols We traded the number of contracts the strategy and the overall profit as you can see We had three losers this month two of them pretty sizable and this was due to these were long Positions meaning we we were bullish. We wanted the market to go up to benefit those however The overall market this month was more to the downside now The good thing is we keep short delta in our portfolio. So our overall profits actually grew this month Significantly even though we had to take losses on these long positions So anytime you're trading with positions in both directions Obviously, you're gonna have some losers and some winners in this case We went ahead and just cut these loose and took the loss, but still profitable. Nonetheless And this is may you can scroll down and look at our past months as well And let's go into our members area and recap a little bit more detail about these trades So if you're a pro member, this is what your membership area looks like You've got the navigation alerts with the current alerts current portfolio our closed trades We do a weekly video update on all the trades at the end of each week And then you have access to all the strategy training from iron condors to short strangles butterfly spreads calendar spreads and Every strategy that we teach here But let's go back to the closed trades and just give you an idea of what we did this month in Boeing We did a long put vertical so we were bearish on Boeing booked a nice profit of $442 there oil was a great trade From a perspective of turning a losing trade into a winner And I recorded a separate video all about this trade because it's so important to understand how to adjust How to manage how to stay mechanical this is a position that we put on and starting with in October of last year and immediately went significantly against us in fact oil dropped 40 percent from the time that we got in To hit the bottom and then right after that basically did a V bottom and rallied 57% with very little pullback so check out that video I go in more detail there, but the bottom line is we Managed from a significant loser. I think we were down over $10,000 at one point on this trade and just managed our way back stayed mechanical ended up booking a nice profit of 460 on that one next trade EEM we did an iron condor and booked a profit of 230 in XRT. We just bought a long put sometimes simple is good Booked a profit of 284 just looking for some downside on XRT and we got it EWZ we did a short strangle booked a profit of 136 XBI we did an iron condor booked 140 in video We did an iron condor how to make a couple adjustments, but ended up booking a nice profit of 148 in Walmart We did a pre earnings long call Just never got the upside momentum going into earnings that we wanted took a loss on that one of 430 And then Facebook and Apple the two bigger losers that I mentioned We just had short put verticals, which are bullish positions We're looking for prices to go high and then the market just kind of collapsed Momentarily and so we ended up just taking a loss on these booked a loss on Facebook of 1310 and apple 1404 XRT we did a short strangle you can see we had to manage adjust roll several times there But stay a mechanical booked a profit of 340 in VXX, which is the volatility index We did a short call vertical booked a nice profit of 225 XLV we had an iron condor. That's the health care ETF booked a profit of 224 in SPX when implied volatility was nice and low we entered a calendar spread and booked a nice profit of 540 and XBI we did a long put vertical so we were bearish on XBI booked a nice profit of 610 And on Apple we did a post earning short put vertical booked a profit of 266 So those are all closed trades in May again great diversification as far as symbols strategies time in the trade All those different things that really matter when you are trying to become Consistent as a trader so hope that was helpful. Don't forget to always check out the trade hacker community Just go to community that navigation trading calm We've got hundreds of members in there answering questions asking great questions You can interact with and meet like-minded traders just like yourself So check it out that is free no cost to join the community and hope to see you on the inside Have a great one great another month of trading. We'll see you next time