There's A Fed Meeting Wednesday

There's a Fed meeting Wednesday, and the odds of a rate hike have climbed hard. The market isn't priced for it.

Here's what happens when a binary event like that lands. People reach for a cheap call or a cheap put, a little lottery ticket on the outcome. It feels smart. It's the wrong instrument for the job, and it's one of the fastest ways to hand your money to the market.

Before you're tempted, run this.

I have five checks, about sixty seconds that I go through before any trade. One of them catches the lottery-ticket trade specifically. It asks whether you're making a single perfect bet, or trading something that can win across a range of outcomes.

If it's the first one, the checklist tells you to walk. Walking is the trade that saves your account.

Ahead of the Fed, it's free. Tell me where to send it, and read it before Wednesday.

→ Get the checklist free

To your success,

Don Kaufman