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$2,000 Small Account Journey ➡️ Status Update

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Good evening,

Q1 $2,000 Small Account Journey balance: $5,701




Each trade was taught in the daily watchlist first, then alerted during market hours just before I entered and exited. 


$2,000 Small Account JourneyLEARN MORE


There are 4 Small Account Journeys in 2023. Each starting on the first day of the new quarter. 


Q2 $2,000 SAJ starts April 1

Q3 $2,000 SAJ starts July 1 

Q4 $2,000 SAJ starts October 1 


If Q1 SAJ is still going on April 1, when Q2 starts, any new trade made will be the same for both balances so the only difference will be the amount of contracts.


I will run each $2,000 balance until it goes to $0 or gets too big that I'm uncomfortable risking the full amount. 


Status: cash


Tuesday morning is CPI at 8:30A ET. The goal was to be cashed up for that reading. 


I'll have the next idea out Tuesday morning after inflation data in the morning watchlist.


$2,000 JOURNEY guidelines:


  1. 2023 outlook: bullish

  2. Tickers: best companies in the world and earnings winners so AAPL, NFLX, TSLA, META, etc…

  3. Order type: put credit spread (neutral to bullish i.e. good companies tend to go up)

  4. Target entry: defined by technical analysis (sell below big support to boost odds)

  5. Credit: 30% of the spread width i.e. $2 wide = $.60, $5 wide = $1.50, $10 wide = $3

  6. Debit goal: 50% of the credit i.e. $.30, $.75, $1.50 from examples above

  7. Stop loss: defined by sold strike

  8. Allocation: 100%, roll balance into next trade

  9. Expiry: 5-7 days from expiration (fastest rate of option decay)

  10. Hold times: 3 days on avg. (time decay favors the seller so I want to be in trades)

  11. Trades / week: 1 on average so far 


$2,000 Small Account JourneyLEARN MORE


Jason Bond



RagingBull, LLC
62 Calef Hwy. #233, Lee, NH 03861

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