Playing Chess with the Market to Improve Performance and Maximize Results. John Locke

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1 Playing Chess with the Market to Improve Performance and Maximize Results John Locke

2 SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a number of products and services, both electronic (over the internet through smbtraining.com) and in person. SMB TRAINING also offers web-based, interactive training courses on demand. The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. SMB Training and SMB Capital Management, LLC are separate but affiliated companies. No relevant positions Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

3 John Locke NLP Master Practitioner, Certified in Neurolinguistic Repatterning and Ericksonian Hypnosis President of Locke In Your Success, LLC Success and Life Coaching Trading Performance Coaching and Mentoring Professional Trader on SMB Options Desk

4 The M21is an ADVANCED Level, Strategic Positive Theta Trading System that is designed to maximize returns when we can identify that the odds of certain market movements are in our favor and minimize risk when we can not. Directional??

5 M3 Bearish Butterfly ROCK M3R CAT ROCK w/ Roll back Mod ROCK

6 Market conditions are in your favor = $$ Market conditions not in your favor =

7 Easier to manage Better win rates Smaller draw downs Higher profit targets

8 Know the type of environment we re entering Know the strengths and weakness of our positions Plan around the market environment and the strengths of the trades Have the proper mindset Trade our plan

9 Trends Patterns Cycles Targets To determine first where the market is least likely to go, second where it is most likely to end up and third the path it s most likely going to take to get there.

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12 Market is at 1108 Maximum up side value 1165 Minimum down side value 980 Most likely expiration range Most likely trading range

13 Handle a move between 980 and 1165 and survive Handle a move between 1070 and 1165 and win something Expire between for a big win

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15 Market does not go up Trade as 1080 M3 milk it for all we can 10% + Market goes up switch to 1000/1140/1160 ROCK if RUT over 1120 and go for 15+% Reverses down hard ROCK drops back to reverse ROCK and then CAT take what you can get 5-10% Market drops and breaks channel use M3 rules take what you can get 5-10% Market breaks channel then reverses hard to up side and we are too close to expiration to go into ROCK position Hold M3 position do the best you can +/- 5% Market tanks under 980 exit at small loss Market goes up past 1175 exit trade for small loss Max loss? Usually 10% and must be defined in risk plan

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32 Technical Analysis for Income Traders Success Formula of Masters Creating Trading Plans Risk Management Proper Back Trading Adjustment Methods, Trade Execution and Timing Adjustments

33 John Locke Facebook: Locke in Your Success Twitter: locke4success