I work hard to ensure you get the most out of my trade alerts…

But today, I’d like to address a common problem — students chasing my alerts.

You should NEVER chase my plays or solely rely on any alert service. 

That’s not how you become a self-sufficient trader. Rather, it’s a recipe for disaster.

Now, that’s not to say you shouldn’t use my alerts to inform your strategy — of course, that’s the entire point.

After all, I’ve had some killer trade alerts recently, like…

This 250% move* on Keurig Dr Pepper Inc. (NASDAQ: KDP)…

4/1/2024 10:58 AM (EST):

Bought KDP 5/17/24 $33 calls at $0.40

4/25/2024 9:38 AM (EST):

Scaled out of all KDP MAY 17 $33 calls at $1.40

And…

This 150% move* on Aptiv PLC (NYSE: APTV).

5/2/2024 10:50 AM (EST):

Bought APTV 6/21/24 $80 calls at $3.00

5/6/2024 1:46 PM (EST):

Final Scale APTV 6/21/24 $80 calls at $7.50

But that said, there’s a fine line between following me into plays the right way and blindly chasing trades outside your wheelhouse.

So, how can you use my trade alerts productively, without chasing?

Let me show you…

What is Chasing?

Chasing alerts is copying another trader’s alerted positions without doing due diligence (and usually late).

For example: If I entered and alerted a call option position three or four green days ago, and you only now entered the trade … that’s chasing. 

When receiving my alerts, remember that you shouldn’t be chasing. 

I love sharing my trades with you and seeing students profit, but alerting plays can be a delicate balancing act…

As a trader, chasing a volatile stock is extremely risky, especially after it’s already moved significantly in a particular direction. 

Getting a bad entry can ruin any chance of making a profit. Worse, it can lead to a loss. 

CAUTION: Being early (or late) on an options trade is the same as being wrong.

Think about chasing from the perspective of an options trader. 

If you aren’t careful, you could find yourself chasing the play because other traders are talking about the setup. 

In other words, it won’t be your hard work and preparation leading to the trade — it’ll be the fear of missing out (FOMO).

Chasing hyped-up plays is a recipe for disaster that you should avoid at all costs.

If you enter a trade without considering the possibility of a violent price reversal, it exposes you to unnecessary risk. And that can end with a big loss.

Here’s how to avoid this negative exposure…

My Alerts + Your Strategy 

The key is to marry my alerts with your personal trading strategy. 

Only follow my plays when you’ve done your own due diligence and agree with my ideas. 

Then, if the position goes against you, you’ll know exactly what went wrong instead of wondering what I was thinking…

As beneficial as alerts can be (when used correctly), some students get the bone-headed idea that they can be lazy and simply copy my trades.

But replicating another trader’s strategy will never let you create an edge for yourself.

To truly crush the markets, you must find what works for YOU. 

What works for me doesn’t matter if it doesn’t fit your personality, account size, and risk tolerance. 

What To Do If You Miss My Initial Alert…

If you miss an initial move entirely, wait for pullbacks for other potential entries. 

Often, you’ll spot other opportunities if you’re patient and keep a close watch.

One way to potentially avoid bad entries is sending limit orders. If you use market orders, you’re just asking for trouble…

This is especially true in the options market, where contract prices can move multiple % in seconds.

Limit orders are far more conservative and well-suited to options traders because they can give you more control over where you enter the position. 

Moreover, if you’re using my alerts, limit orders can help you enter the position near where I did.

My alerts always include what I paid in premiums. There’s no mystery. 

If you’re impatiently entering my trades after a big move has already happened, that’s chasing. 

Don’t do this.

5 Important Points to Remember About Trade Alerts

• The key to any good trade is maintaining a solid balance of risk/reward.
• Never chase alerts and always do your due diligence. 
• Look at key support levels for entries and big resistance areas for exits.
• If you miss the initial move after my alert, decrease your position size (or pass on the play entirely).
• Use limit orders to help you manage your risk and get the entry price you want.
• Use stop losses to ensure your position doesn’t drop much below breakeven.

Copying another trader’s strategy will never allow you to create an actual edge for yourself.

But don’t worry, I won’t stop sending alerts. They can be a great teaching tool when used correctly.

My goal is to help you understand my thought process when entering trades, while potentially making real profits.

Now that you know how to utilize my trade alerts properly, let’s get to…

The Biggest Smart-Money Bets of the Day

• $4.12 million bearish bet on SNAP 08/16/2024 $15 puts @ $1.18 avg. (seen on 5/7)

• $2.31 million bullish bet on AAPL 05/10/2024 $185 calls @ $1.59 avg. (seen on 5/7)

• $2.13 million bullish bet on XLE 08/16/2024 $96 calls @ $2.84 avg. (seen on 5/7)

Happy trading,

Ben Sturgill

P.S. Tomorrow, you’ll discover the rare seven-figure profit cycle that’s already made Jack Kellogg rich.

The last time this rare cycle hit … Jack generated seven figures in trading profits. 

In just two years, he earned an astounding $8 million.

It was so shocking, Business Insider reached out to interview Jack — asking to verify his trading profits…

It’s been 2 years since we saw this rare profit cycle, but now…

Jack believes that’s all about to change.

And that’s why, TOMORROW, May 9th at 8 pm EST, he’ll be breaking down everything you need to know about his Next Big Trade … before it’s too late.

This is the first time Jack has EVER agreed to go public like this.

Thanks to Jack’s incredible strategy, 28 of his top trades have ALL returned over 100%* or more, with 12 soaring over 250%* and 4 skyrocketing beyond 600%.*

So if you miss this LIVE event … you might miss out on Jack’s biggest trade ever.

SIGN UP NOW because time is running out — Click here to secure your spot for Thursday night’s urgent briefing.

*Past performance does not indicate future results