The Truth About Trading
229 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 42 ratingsThis podcast is for everybody interested stock trading, option trading, investing in real estate, making money and motivation. Your host is Markus Heitkoetter, a self-made multi-millionaire, bestselling author, and the Leading Trading and Investment Expert. Markus Heitkoetter is also the CEO and Founder of Rockwell Trading.
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Episodes
Ep. 227: How To Sell Put Options: Margin Requirement Explained
September 23, 2022 09:00 - 8 minutes - 7.68 MBWhat are the margin requirements when selling put options? In this podcast, I'll break it all down for you. By the end of the podcast, you should know EXACTLY what is required to sell put options and how options selling on margin works. Today we'll cover: What are Margin Requirements How do these requirements work How much margin is usually required Example for those with Tradier Why the broker requires so little capital The one-stop-shop software that helps YOU
Ep. 226: Wheel Option Strategy: Selling Calls Before Expiration?
September 16, 2022 09:00 - 7 minutes - 7.26 MBIn this podcast, I'm going to explain the advantages and disadvantages of selling calls to collect additional premium BEFORE the expiration of your sold put.
Ep. 225: How To Find the Best Strike Price To Sell Covered Calls
September 02, 2022 09:00 - 9 minutes - 9.1 MBIn this podcast I'm going to show exactly how I find the best strike price to sell covered calls on! Today's podcast will cover: Intro So you acquired shares How to compare strike prices Why a higher strike price may help How to calculate the % move of a stock Why you shouldn't choose the highest strike price The final decision Learn more about our Trading software, the Power X Optimizer: https://bit.ly/PXOToday My Trading Routine: https://go.rockwelltrading.com/my-t...
Ep. 224: Buying Back Options
August 26, 2022 09:00 - 8 minutes - 8.1 MBLearn how to buy back options to maximize your profits in today's podcast! Today's podcast will cover: Intro 3 Steps To The Wheel Strategy Real Life Example Your 2 Choices An Exception To This Rule... Learn more about our Trading software, the Power X Optimizer: https://bit.ly/PXOToday Learn when and HOW to roll a covered call to maximize your profits here: https://www.youtube.com/watch?v=Da3dXfOvmiQ Recommended Links & Videos: The "Wheel" Strategy Explained: https://bit.ly/3...
Ep. 223: Selling Options During Earnings
August 19, 2022 09:00 - 8 minutes - 7.91 MBTrading options during earnings announcements can be scary if you don't have a plan. Learn how to trade options during earnings season in this episode.
Ep. 222: Limit Order vs Stop Order - What's The Difference?
June 24, 2022 09:00 - 9 minutes - 9.02 MBThere's a huge difference between stop and limit orders, and if you use the wrong order, you might lose a lot of money. Every trader needs to know the difference between stop and limit orders, and in this podcast, I will explain the difference.
Ep. 221: Best TradingView Setup For The PowerX Strategy
June 10, 2022 09:00 - 10 minutes - 9.89 MBIn this podcast, you'll learn how to set up the popular TradingView App with the indicators and bar coloring that you need in order to trade the PowerX Strategy by Rockwell Trading. Get setup with TradingView here: https://tradingview.go2cloud.org/SH4FC Schedule a Demo for The PowerX Optimizer Software: https://mytradingroutine.com/
Ep. 220: Short Selling Put Options
June 03, 2022 09:00 - 14 minutes - 13.7 MBShort Selling Put Options is a fun strategy IF you know what you are doing. In this podcast, I'll show you my strategy for short selling put options and a live example.
Ep. 219: The Poor Man's Covered Call Explained
May 27, 2022 09:00 - 15 minutes - 14.2 MBhe Poor Man's Covered Call Questions we’ll answer: What is it Who is it for When to use it The Poor Man’s Covered Call is a very specific type of spread. As you know we’ve been covering option spreads for several Coffee With Markus Sessions. We have an entire playlist discussing the pros and cons of each type of options spread. In this video, we’re discussing the difference between trading stocks, covered calls, and the poor man’s covered call. Trading Stocks Let’s take a...
Ep. 218: Wheel Strategy Options - Worried About Getting Assigned
April 29, 2022 09:00 - 14 minutes - 13.4 MBWhen trading the Wheel Options Strategy, do you ever worry about assignment risk? In this podcast I will briefly explain the Wheel Strategy, and then give you 3 solutions if you're worried about assignment risk. Recommended Links & Videos: The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9... Wheel Book: https://www.rockwelltrading.com/the-w... Trading with Margin: https://www.youtube.com/watch?v=UHy84... My T...
Ep. 217: Wheel Options Strategy - When to Exit Trades
April 22, 2022 09:00 - 11 minutes - 10.3 MBWhen trading the Wheel Options Strategy, do you know when to exit the trade? If not, this podcast may help! Recommended Links & Videos: The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9... Wheel Book: https://www.rockwelltrading.com/the-w... Trading with Margin: https://www.youtube.com/watch?v=UHy84... My Trading Routine: https://go.rockwelltrading.com/my-tra...
Ep. 216: Trading The Wheel - How To Find The Best Stocks In 4 Simple Steps
April 15, 2022 09:00 - 13 minutes - 12.5 MBLearn how to find the BEST stocks for The Wheel Strategy! The 4 step process I use when picking the best stocks to wheel: Step 1: Using the Right Scanners/Filters Step 2: Check the Stock's Correlation Step 3: Double-Check Google Finance Step 4: Check the Support Level Recommended Links & Videos: The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9... Wheel Book: https://www.rockwelltrading.com/the-w... Trading ...
Ep. 215: Wheel Options Strategy - Explained In 15 Minutes
March 25, 2022 09:00 - 14 minutes - 13.5 MBLet's talk about the Wheel Strategy for Options. It's a very popular and powerful options trading strategy. Listen to this podcast and discover: - What Is The Wheel Options Trading Strategy? - How Do You Choose The Right Stock? - How Do You Choose The Right Option? - When Do You Take Profits? - What To Do When The Stock Moves Lower? Recommended Links & Videos: The "Wheel" Strategy Explained: https://bit.ly/3ePN4qT How To Fly Rescue Missions: https://www.youtube.com/watch?v=OlTD9h...
Ep. 214: Wheel Strategy Tips - Stock Correlation
March 18, 2022 09:00 - 13 minutes - 12.1 MBTrading the Wheel Options Strategy is fun but there are a few things that you should avoid. In this podcast, I'll tell you an important tip that can help you to stay out of trouble.
Ep. 213: Trading With Margin - How to Avoid Margin Calls
March 11, 2022 09:00 - 17 minutes - 16.5 MBHere's everything you need to know when trading with margin: - What is the difference between a cash account and a margin account? - Should I trade on a margin? - What are the advantages of margin trading? - What are the danger of trading on margin? - What is a margin call? - How can I avoid margin calls? - What do I need to do when I get a margin call?
Ep. 212: The Complete Beginner Guide To Options Trading - Options 101
March 04, 2022 09:00 - 44 minutes - 40.5 MBIf you are new to trading options then this podcast is perfect for you. I make understanding options as easy as possible without filling you with useless information. We will tackle the question "what are options." and then I will teach you the 5 things you need to know. These things are: - Strike Prices - Expiration Dates - Calls vs Puts - Buying vs Selling Options - Premium I will also cover 4 basic options trading strategies. This podcast will also benefit you if you alread...
Ep. 211: 3 Ways To Hedge Against Market Crash
February 25, 2022 09:00 - 20 minutes - 19.3 MBIn this podcast, I will tell you 3 ways to hedge against a massive market drop. Recommended Links & Videos: My Trading Routine: https://mytradingroutine.com/ Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB
Ep. 210: How To Use "Delta" In Option Trading Like A Pro
February 18, 2022 09:00 - 15 minutes - 14.3 MBDelta is one of the most important concepts in options trading. But it can be difficult to understand at first, and that's where this podcast comes in! I'm going to show you how delta works, what it means for your trades, and how to use it like a pro. In this video: - What Is Delta? - Understanding Delta - Delta and the "Probability ITM" feature - Applying delta to decision making - Example on how to use delta for PowerX Strategy and The Wheel Strategy When you understand delta ...
Ep. 209: Best Trading Software for Options Trading - Especially “The Wheel"
February 11, 2022 09:00 - 24 minutes - 22.8 MBWhat's the best trading software for options trading? In my opinion, it's the PowerX Optimizer, and YES: I am biased because I developed it - LOL But here are some cool features that nobody else has: - Finding the best options for trading, especially for "The Wheel Options Strategy" - Finding the best strike price. - Giving you all data to make the best decision ... and much more In this podcast, I will give you a sneak peek of the latest features of PowerX Optimizer Version 2.7...
Ep. 208: Stock Market for Beginners 2022: Step by Step Guide
February 04, 2022 09:00 - 18 minutes - 16.9 MBWant to know how to start trading for beginners? The other day, a friend asked me: How can I get started? That's why I decided to make a podcast in which I tell you step by step: - How to start trading for beginners - What's the best trading strategy? - What trading tools do you need? - What's the best broker for trading? - How much money can you make with trading? - How to limit your risk ... and much more.
Ep. 207: Risk Free Option Trading Strategies: Do They Really Exist?
January 28, 2022 09:00 - 18 minutes - 16.9 MBWhen I first heard about risk-free option trading strategies, I was skeptical. So I looked at a "zero risk option strategy", and in this podcast, I'll tell you what I discovered.
Ep. 206: How To Build A Trading Plan That Works: Step By Step
January 21, 2022 09:00 - 17 minutes - 15.7 MBHere is a step-by-step process to build your own trading plan. A rock-solid trading plan is the cornerstone of every successful trading business. And the best: It takes less than 30 min to create one. In this podcast, you will learn how to build a trading plan that works.
Ep. 205: How To Find Value Stocks vs. Growth Stocks: IMPORTANT For The Wheel
January 14, 2022 09:00 - 13 minutes - 12.1 MBHow To Find Value Stocks vs. Growth Stocks - IMPORTANT For The Wheel If you're trading "The Wheel" Options Trading Strategy, it's important to understand the difference between value stocks and growth stocks. In this podcast, you'll learn what each one is and how to identify them. We'll also give you some tips on which ones are a better investment for trading the Wheel. So, whether you're a beginner or experienced trader, tune in!
Ep. 204: How To Create Wealth In 2022: The 3 Bucket System
January 07, 2022 14:20 - 20 minutes - 18.6 MBIn this podcast, I share my personal "3 This is the process that has allowed me to grow my net worth from 30,000 to more multiple millions, and I'm convinced that this system can do the same for you! We will talk about: - How much money should you put into your trading account? - How to grow your trading account FAST - Should you put all your money into your trading account or should you have some other investments? - How I manage my money ... and much more In short: THIS podcast...
Ep. 203: My Trading Routine 2022
December 30, 2021 09:00 - 28 minutes - 26.5 MBYesterday was a big day for the markets… You could make the argument that it was the most important day of the year and probably of the next 4-6 months. It’s kind of crazy to think that one man has so much power and control over the economy, don’t you think? People are literally analyzing his micro-expressions when he talks to determine how the market will react…that’s pretty wild if you ask me! So yesterday, Powell came out more “hawkish”, simply meaning they would be slowing d...
Ep. 202: Trading, Investing And Life: 9 Lessons I Learned In 2021
December 23, 2021 09:00 - 24 minutes - 22.4 MBIn this podcast, I share 9 lessons that I learned trading stocks and how they apply to life in general. One of the most important things you can do is have a plan – whether it’s for your day or for your retirement. It's hard to be successful without being disciplined with your money and time. One simple way to make sure you're not wasting either is by doing an annual review. In those reviews, ask yourself: What went well? What didn't go as expected? And also, What will I do diff...
Ep. 201: Buy The Dip Strategy - They Have Been Lying To You!
December 10, 2021 09:00 - 11 minutes - 10.9 MBFor the past 15 months, buying the dip has been one of the best investment strategies you can use. But is it really as easy to buy the dip as they say? In this podcast, you will learn: 1. What is the buy the dip strategy 2. How to use the buy the dip strategy 3. Pros and cons of using this investing strategy 4. A few examples of companies that are currently in a dip 5. Why they have been lying to you about this strategy
Ep. 200: Getting Started With Trading: 3 Things You Must Have
December 03, 2021 14:51 - 5 minutes - 5.53 MBWelcome to my podcast! I am keen to talk to you about my experience with trading and share tips and tricks on how you can do it properly. In this episode, I'll be talking about 3 things that you must have if you want to make money with trading. And a quick discussion about The Wheel Strategy and PowerX Optimizer. Let's dive in!
Ep. 199: Retail Traders Vs Hedge Funds - I Bet You Didn't Know THIS
November 26, 2021 09:00 - 7 minutes - 7.34 MBWe know hedge funds are the big guys on the block with all of their fancy, expensive trading strategies and insider knowledge. But what about retail traders? Do retail traders have a chance? If the "big guys" are having trouble making 20% or 30% per year, can a retail trader really expect to make 50% - 60% per year? Or is this all just a big fat lie? Institutional traders vs retail traders - Who will win?
Ep. 198: Tesla Stock Prediction - Is TSLA Still A Buy?
November 19, 2021 14:37 - 10 minutes - 9.56 MBIs Tesla Stock (TSLA) a buy or a sell? In this podcast, I'll share my Tesla Stock Prediction for the next few weeks and maybe months. I will use the PowerX Optimizer so you know exactly when to buy and sell TSLA. Recommended Links & Videos: PowerX Strategy Playlist: https://www.youtube.com/watch?v=V7-qq... PowerX Strategy Book: https://bit.ly/2wMQ7zW Wheel Strategy Playlist: https://www.youtube.com/playlist?list... Wheel Book: https://www.rockwelltrading.com/the-w...
Ep. 198: Tesla Stock Prediction - Is TSLA Still A Buy?
November 19, 2021 14:37 - 10 minutes - 9.56 MBIs Tesla Stock (TSLA) a buy or a sell? In this podcast, I'll share my Tesla Stock Prediction for the next few weeks and maybe months. I will use the PowerX Optimizer so you know exactly when to buy and sell TSLA. Recommended Links & Videos: PowerX Strategy Playlist: https://www.youtube.com/watch?v=V7-qq... PowerX Strategy Book: https://bit.ly/2wMQ7zW Wheel Strategy Playlist: https://www.youtube.com/playlist?list... Wheel Book: https://www.rockwelltrading.com/the-w...
Ep. 197: How To Pick The Best Stocks For Option Selling
November 12, 2021 09:00 - 14 minutes - 13.4 MBDiscover everything you need to know about finding the best stock for option selling. In this podcast, you'll find the Beginner's Guide to Picking The Best Stock for Selling Options, especially selling Put Options.
Ep. 196: Wheel Strategy Risks: What To Do If The Market Crashes
October 29, 2021 09:00 - 25 minutes - 23 MBThe Wheel Strategy is a powerful trading strategy BUT there are also some risks: What do you do when the market crashes and you get assigned in all your positions? In this podcast, you will get the answer and many more wheel strategy tips. Recommended Links & Videos: Rockwell Merchandise: https://store.rockwelltrading.com/ How To Fly Rescue Missions: https://youtu.be/o70hJ53LzDQ Wheel Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2nosgosERUhIZwzvIgD-3Vq ...
Ep. 195: Best Trading Computer 2021
October 22, 2021 09:09 - 16 minutes - 15 MBA lot can change in a few years! The stock market will have its ups and downs, the world economy may be booming or crashing, but one thing that won't change is you need a great trading computer to keep up with all these changes! And here's the best trading computer to get in 2021.
Ep. 194: Should He Invest Or Trade?
October 15, 2021 09:00 - 10 minutes - 9.53 MBWhat's better: invest or trade? A few weeks ago, Jason contacted me: He had a job and can save $400 - $500 per week. Should he use the money to invest or trade? In this podcast, we will give you our take on this.
Ep. 193: TradingView Tutorial - Dark View
October 08, 2021 09:00 - 14 minutes - 13.4 MBTradingView Tutorial: How To Make A Cool "CNBC Like" Layout Are you using TradingView? If so, have you ever wondered how to customize the layout to make it look more "cool"? In this podcast, I will share with you how to customize your layout to look like a "CNBC Chart" in less than 10 minutes. Check out this practical hands-on TradingView Tutorial.
Ep. 192: Wheel Strategy Tips: Don't Do THIS!
September 30, 2021 15:19 - 19 minutes - 17.6 MBAs you might know, right now I'm stuck in a bad trade: RIDE How can you avoid getting into trades like this when trading the Wheel Options Strategy? What happens in a downturn? Will I lose all my money? How do you find trades with a high premium? In today's podcast, I'll answer these questions and give you much more Wheel Strategy Tips
Ep. 191: How To Research Stocks For Options Trading
September 21, 2021 13:26 - 16 minutes - 15.2 MBWhen trading "The Wheel Options Strategy," you only want to trade options on stocks that you want to OWN. But how to research stocks for options trading? Which sites do you use to check for news on the underlying stock you want to choose? Yahoo Finance? Seeking Alpha? Marketwatch? Benzinga? ...? How can you KNOW whether you should trade the stock or not?
Ep. 190: Good Trader vs Bad Trader
September 14, 2021 14:00 - 12 minutes - 11.9 MBWhat's the difference between a good trader vs a bad trader? In this podcast, we will talk about the character traits of a good trader vs a bad trader. And you will learn about the "Turtle Trader", a famous group of 23 people who made $426 Million trading a simple trading strategy. How did they do it? Watch this video and find out. Recommended Links & Videos: Wheel Strategy Playlist: https://youtube.com/playlist?list=PLB... PowerX Strategy Playlist: https://www.youtube.com/playl...
Ep. 189: Trading Advice: Should He Stop Trading?
September 07, 2021 09:00 - 16 minutes - 14.9 MBI received a message from a 20-year old college kid: "I need some trading advice: So my parents just found out about my trading account and said to stop playing with money! But I don't wanna listen to them as I believe this could be the beginning of something really big! They said you have to be really smart to be successful and I should focus on college. I'm currently 20 years old." Soooo..... should he pursue his dreams of trading? Or should he listen to his parents and quit ...
Ep. 188: How To Place A Stock Buy Order In 5 Easy Steps
September 03, 2021 14:59 - 21 minutes - 19.7 MBHow to Place a Stock Buy Order in 5 Easy Steps - Trading Tutorial Are you thinking about buying stocks? You should! The stock market is making new all-time highs, and there are tremendous opportunities in the market. Time to buy some stocks! But there are a lot of things to consider. - What stock should you buy? - How do you place an order? - What is the difference between market orders, stop orders and limit orders? - Do you use day orders or GTC orders? If you are new to ...
Ep. 187: How Short Selling Works
August 26, 2021 09:00 - 17 minutes - 16.2 MBShort selling lets investors bet against a stock, profiting when it falls in price. But how exactly does short-selling work? This podcast covers: - what short selling is, - how short selling works, - the hidden costs, - the risks of short selling, - and what a "short squeeze" is
Ep. 186: Stock Trading Discipline And Patience - Trading Like A Pro
August 24, 2021 14:38 - 15 minutes - 14 MBThe Biggest Trading Mistake I Ever Made: No Stock Trading Discipline And Patience If you want to succeed in trading, you need 3 things: 1.) A Proven Trading Strategy 2.) Powerful Tools 3) The Right Mindset If you miss ANY of these 3 elements, chances that you will make money with trading are extremely low. And when it comes to the right trading mindset, you need to have discipline and patience. In this video, you will learn 3 things to improve your stock trading discipline an...
Ep. 185: 3 Stock Market Investing Strategies For Beginners
August 20, 2021 09:00 - 17 minutes - 15.7 MBStock Market Investing Strategies For Beginners Do you want to learn how to invest in the stock market? In this podcast, you’ll learn about 3 different stock market investing strategies that can help you make more informed decisions when it comes time to buy or sell stocks. There are many ways to invest in the stock market but not all of them are good for beginners. In this video, I'll show you investing strategies that are easy enough for anyone - even if you have no experience ...
Ep 184: Covered Calls For Beginners
August 13, 2021 09:00 - 13 minutes - 12.1 MBThe Covered Call Strategy is one of the first strategies that new traders start trading. Traders might use a Covered Calls on stocks that they have in their portfolio for longer periods of time. For the specific example that we’re going to cover today, we’ll take a look at JP Morgan (JPM). If you were holding JPM stock in your portfolio before the pandemic, chances are that you are underwater. For the purpose of full transparency, I do not own or hold any JPM stocks. I typically...
Ep. 183: What’s The Best Stock Market Simulator? - Why Do You Need One?
August 05, 2021 09:00 - 11 minutes - 10.9 MBPaper Trading Simulator - Does it make sense to use it? Of course, there is a difference between trading stocks live and with real money or using a paper trading simulator. In this podcast, you will learn.... ... the differences between paper trading and live trading ... the best paper trading simulator ... and where to get it: Think or Swim Paper Money Simulator: https://platform.thinkorswim.com/platform/index.html#!/pmregister
Ep 182: How To Trade Option Debit Spreads On tastyworks
July 29, 2021 09:00 - 11 minutes - 10.5 MBWe've talked about How To Trade A Vertical Spread, Call Debit Spreads, Put Debit Spreads and Put Credit Spreads. What I like about Debit Spreads is the reduced cost and they reduce the "break even." For this example, I'm using tastyworks. I use the PowerX Optimizer to find the best stocks to trade. When trading there are 3 things you need to know: 1) What to trade 2) When to enter 3) When to exit TGTX: - Enter at 20.43 - Expecting stock to go as high as 25.37 (profit targ...
Ep 181: Meme Stocks: What Are They And How Do You Find Them?
July 22, 2021 09:00 - 15 minutes - 14.5 MBToday, we will talk about what Meme Stocks are since everyone is talking about them. We will also talk about “How to find the next Meme stock that explodes like AMC or GME.” Recommended Links & Videos: PowerX Strategy Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2l9ZV4s66J-uNkG6AJvhSPB Wheel Playlist: https://www.youtube.com/playlist?list=PLBa3sAx-Io2mybLLdWtbjTFqK9-BR5SJb A Boomer's Guide To WSB Lingo: https://www.youtube.com/watch?v=JSiJJLdpOvY&t=0s Wheel book: ht...
Ep 180: PowerX and Wheel Strategy: The 5 Most Frequently Asked Questions - Answered
July 15, 2021 09:00 - 27 minutes - 24.9 MBIn today's podcast, I will answer the most frequently asked questions about the PowerX and the Wheel Strategy: - What are the best settings for PowerX? And why do you recommend LONG trades only? - How do you pick the best stocks for the PowerX Strategy and The Wheel Strategy? - What happens if the market crashes? - What account size do you recommend for the PowerX and The Wheel strategy? - When is the best time to trade? Do I have to watch the scanner all day? Recommended Link...
Ep. 179: How To Roll A Covered Call
July 08, 2021 09:00 - 16 minutes - 15 MBIn today's podcast, we will talk about “Rolling A Covered Call Option” Rolling a covered call is a strategy where you buy back the call that you sold and sell another call option - usually with a different expiration date - at the same time. Today, will discuss the Why, When, and How: 1.) Why would you roll a covered call? 2.) When Should You Roll a Covered Call? 3.)How To Roll A Covered Call? -Rolling up and out -Rolling down and out 4.) Can you roll a covered call forever...