fbpx

The back story: I live in one of the states slammed by weather on Sunday into Monday; I was in the more than half of my state that was left without power and Internet access.

The only tool I had for trading on Monday was my smart phone, being charged in my car.

Read how Davis Martin was handling the storm as it happened

How it turned out: From my phone, I was able to monitor all my open positions, which carried into Tuesday still looking good. It was the perfect example of why you need a back-up plan and how using one can save your bacon.

My situation now:The power is back on and the Internet is working, and I’m working those same positions expecting to turn them at a profit. The weather report is fine now, but the cell phone is fully charged – and the back-up laptops are in their cases fully-charged — ready for the next time Mother Nature comes for a visit.

#-#-#

Davis Martin is the head trader at Dailyprofitmachine.com. He trades SPY calls and puts and swing trades individual stocks and stock options.

Author:
Ben Sturgill

Ben leads two services at RagingBull. IPO Payday can help you pinpoint, position, and profit from IPOs. In Daily Profit Machine Ben guides day and swing traders to profit by trading the SPY Index. Ben hosts the RagingBull.com podcast where he shares thoughts on wealth and success with traders, businesspeople, entrepreneurs, and experts to uncover and share some of the wisdom needed to live a successful life.

Learn More

Leave your comment