You know I love trading, many of you also know about my ongoing journey with running. It’s funny—I never thought I’d get into running. Every time I tried it in the past, I hated it. Watching runners pounding the pavement, I’d think, That’s not for me. Wait is this guy talking about running again, while he's on another cruise... Yes and yes, but stick with me. I'm writing this from a cruise ship because I know I can help you! See life has a way of surprising us. Saying yes to almost everything I learn more about experiences I don't know if I'd like. A couple of friends asked me to run the Las Vegas Rock ‘n’ Roll Half Marathon last year. My gut reaction was to say no—running a single mile felt impossible, let alone 13! But, like I always tell my coaching students, sometimes you just have to say yes and figure it out later. I was terrified. I had no clue how I’d manage to run that far. Yet, I agreed. That’s when I discovered something that changed my perspective—not just on running, but on trading and life. Running Is Just Like Trading Here’s the thing about running: it’s a lot like trading (and, honestly, any discipline that requires consistency). You won't always be in the mood. You don’t need perfect conditions. You just need to put in the reps. Show up, even when you don’t feel like it. Especially when you don't feel like it. In typing this on the last day of the cruise. It's a sea day. I committed to my accountability group that I’d get in three 30-minute runs. This is how the track looked the first couple of runs... This is how the track looked the very last day.. it's similar to how the gym fills up the first week of January... The last day I was weaving through crowds (sorry its blurry I was legit running). What Does This Have to Do with Trading? Right now, Bitcoin has broken $100,000, and the FOMO (Fear of Missing Out) is off the charts. Look at the purple line I drew last month! This is when I told my inner circle I was getting into bitcoin... Crypto groups are buzzing again. My phone is lighting up with texts from people who used to laugh at me for being a full-time trader. Suddenly, they want to know how to buy crypto. They’re telling me Robinhood is going to double in the next year. Let me be clear: I’ve been trading Robinhood (HOOD) all year. I’ve been posting my trades for free in real time. We’ve made money on HOOD since it was $12. But here’s the kicker: I’m not piling in now. Here are the real time posts I made to discord... Why am I going slow now? Because the principle that works for running, trading, and life is the same: Show up consistently, but don’t let emotions dictate your decisions. Buy Low, Sell High—Not the Other Way Around If you love Bitcoin at $100k, why didn’t you love it at $50k back in August? $ Maxwell’s timeless rule for making money is buy low, sell high. So, while others are scrambling to buy Bitcoin at $100k, I’m selling small amounts to people caught in the FOMO wave. This approach has worked for me time and again. It’s why I’ve run multiple half marathons, including one in NYC. It’s why I lace up my shoes every Sunday for a long run, even when I’d rather stay in bed. The lesson is simple: Discipline and consistency are what set you apart—whether you’re running when the world’s asleep or trading when the market is manic. Trading on a Cruise This week, I’m soaking up the sun on a cruise in Mexico. But I’m still trading. I got this notification our CROX trade hit target sitting on a beach in the Bahamas. I opened and closed a Robinhood trade right from the ship and posted it for our wonderful community. Because trading, like running, becomes second nature when you’ve put in the work. You show up, you follow your plan, and you stay consistent—even when life’s distractions come calling. I know this post was a bit different from the usual. But the principles that fuel success in running and trading are the same. Next week, I’ll be back with a more traditional post. Until then, Happy trading, good kids—Don’t forget to show up for yourself, even when it’s hard. Hope to see you at the virtual coffee zoom Dec 18th at 9 am at market open:

Hey team, As I write this, I’m cruising to Mexico, soaking in the ocean air, and reflecting on what’s worked for me—and what hasn’t—on my journey to financial freedom so I can help get where I am faster. I know retirement accounts aren’t the sexiest topic. They don’t have the adrenaline rush of options trading or the instant gratification of a side hustle payout. But hear me out: Retirement accounts work. They’ve worked for me, and I believe they can work for you too—if you know how to use them right. Why Retirement Accounts Are Part of My Freedom Formula When I first started investing, I clearly remember my middle school teacher talking about compounding. It didn't hit me just how powerful it was back then, but it does now! I wanted fast results, not something that took 30+ years to pay off. But here’s the thing: The slow, steady growth of my Roth IRA became a backbone for my financial security. Knowing I had a tax-free nest egg growing quietly in the background gave me the confidence to take bigger swings elsewhere—like trading and building passive income streams. My opinion? Retirement accounts are a must if you want long-term stability and freedom. They let you focus on the present without sacrificing the future. Mexico Tip #1: Automate Your Contributions This cruise has reminded me of the power of automation. While I’m out here enjoying hot tubs and sunsets, my accounts are growing without me lifting a finger. Setting up automatic contributions was one of the smartest moves I ever made. It’s like tricking your brain—you don’t even miss the money because you never see it. Here’s an example: $7,000 a year breaks down to about $134 a week. That’s less than what some people spend on a week of coffee or a nice dinner. Start small if you need to, but start. The earlier you begin, the harder that compounding effect will work for you. Mexico Tip #2: Use Roth Accounts to Your Advantage Roth IRAs and Roth 401(k)s are game-changers. I’m a huge fan because they grow tax-free, and when you withdraw in retirement, you keep every penny. This isn’t just theory. My Roth IRA is one of the reasons I can cruise to Mexico without stressing about money. Here’s why: 1. Tax-Free Growth: Your money works harder when Uncle Sam isn’t taking a cut. 2. Flexibility: You can withdraw contributions anytime if you need to, but leaving them in is the real magic. 3. Freedom to Pivot: When I transitioned out of the corporate grind, rolling my Roth 401(k) into a Roth IRA was seamless. Mexico Tip #3: Fight the Hedonic Treadmill Let’s talk about lifestyle creep. Every time you get a raise or bonus, it’s tempting to “treat yourself.” I get it—I’ve been there. But here’s what I’ve learned: If you want to get ahead, you have to fight that urge. When I was working my 9-to-5, I made a rule: Every time I got a merit raise, I increased my retirement contributions by the same percentage. This one habit kept me from falling into the trap of spending every dollar I earned. It also helped me max out my accounts without feeling the pinch. Retirement Accounts + Cash Flow = True Freedom I’m not saying retirement accounts are the only way to build wealth. They’re not. But they’re an essential piece of the puzzle. For me, having retirement savings gave me the stability to focus on building cash flow through trading, dividend stocks, and other investments. It’s a both-and strategy: Retirement accounts = long-term wealth. Cash flow = present-day freedom. Some trading groups may scoff at the idea of locking up money in retirement accounts, but I see it differently. They’re my safety net, my plan B, and the reason I can take risks without fear. Wh y This Matters As I sip my drink and watch the sun dip below the horizon, I’m reminded why I do this. It’s not just about the money—it’s about freedom. Retirement accounts aren’t glamorous, but they’re reliable. They’re a foundation you can build your dreams on. So, here’s my challenge to you: Check in on your retirement accounts. Are you contributing enough? Are you leaving money on the table by not taking full advantage of your employer match? Next time you get a raise, skip the lifestyle upgrade and increase your savings instead. Retirement accounts might not be exciting, but they’ve been a game-changer for me. And if you play your cards right, they can be for you too. Happy trading, good kids. – Mr. Money Maxwell

Hey Good Kids, November 2024 is officially in the history books, and what an incredible month it has been! Major indexes like SPY, QQQ, IWM, and even Bitcoin have closed at or above their previous all-time highs. The markets are soaring, and it's an exciting time to be a trader. New all time high (and close on the S&P 500): As for me, I'm about to set sail on the Wonder of the Seas for a week-long cruise to the Bahamas and Mexico. This isn't just a vacation; it's a testament to the freedom and lifestyle that smart trading can provide. And I want each and every one of you to experience this same level of freedom. Our free trade section on Discord  has been absolutely on fire, delivering a slew of winning trades. I had 3 trades close on Friday, while I wasn't even watching the market! Sure, I've had a couple of laggards and losers—who hasn't? There's no trader out there who doesn't experience some losses. But overall, it's been a fantastic month, and I'm thrilled to share these successes with you. Now, I want to share two quick points  in this holiday edition of Inside Mr. Money Maxwell’s Mind . 1. Everyone Seems Like a Genius in a Bull Market It's a pattern we see over and over again. People who are overleveraging are boasting about how they've doubled their accounts, and it's easy to get caught up in the hype. But it's crucial to stay grounded. The first pullback—whenever it happens—can erase most or all of those gains. Next thing you know, they've blown up their accounts. I'm not being negative or speaking from a scarcity mindset. I'm reminding you that during bull markets like this, people often start sharing their impressive profits. The same thing always happens. Remember, everyone seems like a genius in a bull market , but it's more important to pay attention to those who've been trading successfully for decades. There are many out there who make money by teaching questionable strategies instead of trading on their own. 2. The "Market Crash" Prophets The wall of worry continues in our bull market. The same voices keep predicting an imminent market crash. While it's true that they will eventually be right (after all, markets do experience corrections), they conveniently forget to mention how many times they've been wrong before. If you listened to the headlines when Warren Buffett was unloading stocks in the second quarter of this year and sold your positions out of fear, you missed out on tremendous profits as the market continued to soar. The lesson here is to stay the course  and not be swayed by doom-and-gloom predictions. Stick to your strategy and focus on the long term. Listen , I understand the emotions and desires you experience while trading and investing in the stock market. We're not that different. Salespeople, marketers, and the media know this too—they play on your emotions, making you think you need them to succeed. But I'm here to tell you that you can employ simple strategies  that fit your schedule, whether you prefer a passive approach or a more active one. You can build sustainable wealth over time without falling for get-rich-quick schemes. Resist the temptation to buy overpriced courses or join expensive trading groups that promise huge profits. These schemes exist in every investment arena, and the stock market is no exception. Stick with strategies that make sense to you . Now is not the time to overleverage, especially with markets at new highs and the VIX  at relative lows. When others start panicking—when the next banking crisis comes—that's when we seize opportunities to buy quality stocks, add some leverage, and make significant gains. Stay smart, good kids . Keep some positive delta in your trading account using defined risk trades, and let's keep making money in December. It's been an amazingly profitable year for us. If you've been following our trades, you should be really happy. If you haven't been as active, that's perfectly fine. I'm not going anywhere. I'll continue posting trades in our Discord and providing even more in-depth insights to the Mr. Money Maxwell Inner Circle  members. Speaking of the Inner Circle, it's not hundreds of dollars a month. In fact, it's a single payment for a year's worth of content . I'm intentionally keeping the cost low because it's not about me making a lot of money. It's about covering some expenses to keep Good Kids Trading  and our community thriving. Plus, I believe that when you invest a little in your education, you're more likely to pay attention and take action. If you're interested, now is a great time to join, as I will be raising the price this month. But no pressure—if it's not for you, that's absolutely okay. On a personal note, I'll be enjoying my cruise, but don't worry—I won't be completely off the grid. I've built a system that allows me to live a life of freedom through my stock portfolio, and that's exactly what I want for all of you. It really is that simple . Remember, the goal isn't just to make a quick buck—it's to build a sustainable lifestyle that offers you freedom and fulfillment. I'm here to support you every step of the way. With that, I'm off to pack my suitcase and head down to Florida. Happy Trading, Good Kids! - $Maxwell P.S.  Mark your calendars: Dec 18th Market Open Coffee Hour ! I'll be hosting a zoom to spend time with my inner circle, and in the spirit of Christmas, I'm opening the meeting to EVERYONE. Click here to add this to your calendar.

Every Thanksgiving, there’s one dish I can’t wait to pile onto my plate: stuffing. Not the fancy, modern twists with cranberries or artisan bread. I mean the classic, cooked-inside-the-turkey, delicious cornbread stuffing. I know what you’re thinking—isn’t that unsafe? The experts are quick to warn that stuffing cooked in the bird can be dangerous. And sure, plenty of people turn their noses up at the idea, dismissing it as soggy or bland. But let me tell you, stuffing done right is the absolute best dish on the table. If I let everyone else’s opinions—or even science—dictate what I eat, I’d miss out on this incredible, savory tradition every single year . Now, what does this have to do with your financial future? A lot more than you might think. Thanksgiving isn’t just a time to share a meal; it’s also a perfect moment to reflect on what we’re bringing to the table—not just in food, but in life. Are you showing up with something valuable to share, or are you coming empty-handed? Are you holding back because you’re afraid of what others might say? Let me ask you this: - What are you not doing with your finances because of fear or other people’s opinions? - Are you stuck listening to “the experts” instead of trusting yourself and taking action? - Are you relying on someone else to bring everything to the table for your future? When it comes to our financial health, many of us are sitting on the sidelines, waiting for someone else to provide. But here’s the truth: no one else is going to bring the “stuffing” you need to achieve your goals. That’s on you. If you want to build the life you’ve been dreaming of, you need to stop worrying about the noise—what others think, the latest trends, or even the so-called “rules.” Money is just a tool. It’s not the goal itself. It’s what you use to make your dreams a reality. But while most people spend all their time focused on how little money they have, they forget one key thing: Time is infinitely more valuable than money. You can’t buy more time. And yet, so many people waste it, sitting on the sidelines, afraid to invest in themselves or try something new. They’re too busy worrying about the risks—or worse, letting others’ opinions keep them from the table. So this Thanksgiving, while you’re gathered around the table with family and friends, take a moment to express gratitude for the people who mean the most to you. But don’t stop there. Use this time of reflection to think about your financial future. Ask yourself: 1. What are you bringing to the table? 2. How are you using your time to create passive income and financial freedom? 3. What noise do you need to block out so you can enjoy the “stuffing” in your life? Your financial future isn’t going to build itself. It’s up to you to decide what you’re bringing to the table. Stuffing may be my favorite dish, but the real joy of Thanksgiving is sharing the table with the people I care about. I hope you’ll take this season as an opportunity to reflect, give thanks, and start taking small steps toward the life you deserve. Happy Thanksgiving, and as always, happy trading, good kids! -$Maxwell

Hey Good Kids, It was a strong week in the stock market! The major indexes reversed last week's bearish move. It's a bit unusual—not a single sector on the chart above was down this week We're heading into a shortened holiday week. The market is closed on Thursday and open for half a day on Friday in observance of Thanksgiving. For weekly options sellers, I'll be rolling all of my options on Wednesday. The volume on Friday will be very low. I always mention when we expect lower-volume holiday weeks, this doesn't mean stocks won't have big moves. It simply means many traders will be away from the market, so liquidity could be a little less, and it might be boring. But as Good Kids, we're fine with that! After all, shouldn't we be away from the market as much as possible, enjoying our lives while the market is working for us? That's my plan, and this passive philosophy is part of all the content I create here at Good Kids Trading. I'm doing exactly what I'm encouraging all of you to do! We have some retailers reporting earnings on Tuesday. Earnings season has been an excellent opportunity to find trades easily. And no, not every single put sale has been an instant winner. I'm looking at you, CROX and HAS... But let's remember that when we sell puts on a company and the shares keep going down, we're just agreeing to buy the company at a lower price. Do you remember the article I wrote about hiding the profit and loss of your puts? Don't focus on the P/L of the trade; focus on the strike. With the indexes near all-time highs and since I'm still cautiously bullish, I'm putting on alternative trades that I wrote about in this blog post . Instead of a naked put, I will sell a put ratio spread—a 1-1-1 or 1-1-2. I'm posting 95% of my trades in our discord , and it's 100% free! It's important that you have multiple strategies in your trading toolbox. When indexes are at all-time highs, VIX is relatively low, The greed-fear index is leaning more toward greed We need strategies that have defined risk but still give us some positive delta and, most importantly, some theta to get paid money in our sleep! As you've seen in Discord , I'm focusing on income-generating trades by selling weekly options against longer-dated options. This is a defined-risk strategy that has been working well for me the last two months. I hope everyone has a great Thanksgiving! I'm grateful for the community we've built here at Good Kids Trading, the coaching students at Mr. Money Maxwell , and the Inner Circle members. I love seeing you succeed in the market. I'm seeing huge wins and amazing progress with my students. As the old adage goes, the best time to start was yesterday; the next best time is today. So with that said, get out there and make some money in the market with us. If you aren't sure where to start, why don't you send me an email or set up a quick introduction call ? And don't forget to participate in our free Discord community to stay connected and learn from others. Happy Trading, Good Kids! -$Maxwell This is not financial advice , there are no guarantees, and best of all there is no charge in the information, it's purely educational and showing you what I am doing and how.

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