The 7 DTE SPX Credit Spread Community
The 7DTE SPX Options Trading Community Mission:
Our community members are 100% committed to making the 7 dte credit spread on SPX a continuous profitable strategy through community interaction and “iron sharpening iron” that will ultimately make all community members better traders. We serve and provide our members with quality coaching within the framework of a supportive community. Our personal goal for each member of our awesome community is to take all the membership benefits and help you develop your own dynamic trading process. Through the generosity of our community, our mission is to help you, through your participation, to become a dynamic trader who is able to reach your financial goals. That is the foundation of our mission. The average profitable trader spends 2 to 3 years mastering a strategy. 97% of all traders fail because of one main reason: they do not spend the effort, time or resources to become an expert in a strategy. The late Charlie Munger said to “find a strategy you love and be serious about mastering it.” There are no shortcuts. If you are looking for a get rich quick strategy, don’t waste your money or time. This is not it!
7DTE Trader Community Benefits
MAJOR BENEFITS:
1. Trade set-up: detailed trade set-up 10 minutes before it is executed. Market conditions could alter this slightly.
2. Actual Trade Alerts: posted on Discord soon after it is executed, which will include reasons and relevant statistics that went into the trading decision. If the trading decision is not to trade, we will post the reasons why. The majority of trade decisions are made in the last 30 minutes of each trading day; however, market conditions and schedule limitations may dictate when we place a trade.
3. Daily Macro and Micro economic pre-market outlook: include conditions that may affect the day’s trade and open positions. This is provided 30 minutes before market open and may contain items such as overnight MES futures recap, possible market direction, events, reports, FED actions, and anything else that may affect our current positions or the day’s trading decisions.
4. Daily Suggested Trading Plan: 30 minutes before the market opens. Posted on the Discord app trades only chat page.
OTHER BENEFITS:
5. 7DTE Trader Community Chat: You will instantly become part of our dynamic trading community through the Discord app that is dedicated to the success of each community member. There is a general trade chat channel and a channel for posting trades and daily trade plans. This is a fantastic tool that benefits all traders. It is continuously monitored by our 7DTE Mastermind group.
6. You will have online access to our 7 DTE SPX Options Selling Playbook: A comprehensive guide to this awesome strategy. It is a living document, so we will update it as appropriate. All strategies are a moving target in many ways, and thus, this strategy will evolve as the market evolves. This is not downloadable and is copyrighted. We will defend the integrity of this document. As a member of this community, we hope that you will protect its integrity also.
7. Onboarding video that explains our community: Occasionally, we will produce educational videos that will help our members become better traders.
8. Trading Log to keep up with your trades: Easy, simple, and customized Excel spreadsheet. It has all the relevant information to record your trades.
9. A bi-weekly Web Conferencing session: Usually over Zoom and includes coaching, market information, trading, and relevant trading discussions. Usually, it will last about 1 hour.
10. Intraday market events alert: If there is an intraday event that could adversely affect our current positions, we will send out our opinion or suggest a course of action to mitigate the risk on those positions.
11. Post Market Recap: The recap includes a short market summary and what could affect our positions going forward. Usually posted 30 minutes after market close.
12. Weekly Recap of the past week: All relevant market activity and a look ahead to the next trading week. We will recap our weekly trading decisions and include any relevant information that will help us become better traders. It is usually posted on Saturday or Sunday morning.
13. Private Coaching: We are committed to your trading success. We are available for 2 one-hour sessions of private coaching, which is included in the membership fee. More in-depth sessions are available at a very reasonable rate.
14. Reading and trading educational recommendations: Trading psychology tips and other trading information that could help you become a more consistently profitable trader.
15. Private Individual coaching: We are committed to your trading success. A member of our 7DTE Mastermind group is available for private coaching, if desired. The rate for this service is very reasonable.
If you are interested in being a member of our dynamic 7DTE SPX Trader Community and feel you would be a good fit, then please fill out our contact form, and the 7DTE team will reach out and schedule a short in-person interview.
If you are new to options trading and want to learn about options and our unique strategy, we have a relaxed, self-paced, and 7DTE community member-supported training program that is offered. You will be mentored by a member of our 7DTE Mastermind group. Please fill out the contact form and put “I am new” in the comments section.