I was chatting with one of my students and he asked - we are waiting a week for monthly passive income because I am bearish right? Yes. That's right. And this got me curious - how important is it to actually predict whether or not next week is bullish or bearish And how much does it impact our win rate for the monthly passive income strategy? I need to know. Being a quant / hedge fund manager / data scientist myself - I need to know EXACTLY how important it is. So - let's do the math In the Investing Accelerator probability calculator, our general rule of thumb is - we only select blue chip stocks where the win rate is greater than 90%. This means there is still a 10% chance of losing money after 30 days to 60 days. But what if we are able to successfully to predict whether or not next week is UP or DOWN? If it is UP, this usually puts our position at a very defensive position and this means we would keep 100% of the profits. If it is DOWN, the premium of the position would increase but it also might reach our strikes before the expiry date. Doo.. doo... doo... doo... (Eric's calculator noise) Just kidding - I am an Excel and programming guy - no calculator on my desk. Back to the win rate. Turns out - IT IS SUPER IMPORTANT. Around 80% of the losses incurred because the next week is going DOWN. 8 out of 10 losses are predicted by next week's bullish or bearishness That means, if we use the monthly passive income strategy and next week is UP, our win rate goes from 90 -> 98%. Obviously, there's an error in prediction. But even if we are able to anticipate half of the bearish week right after we enter, we can improve our success rate from 90 to 95% Combine with the risk management strategy I teach in Investing Accelerator, this makes the monthly passive income strategy even more predictable. So in other words, the weekly coaching calls are important because it helps us avoid losses when we correctly ​​​​​identify next week as bearish (or bullish)

- S&P 500 and QQQ update (Bearish) - Monthly income: Google Oct 9 Expired with full profit - Long term portfolio - Exited MSFU for 45% gain in 6-8 months - Buy hedge in case market goes down - Increase cash to 10% - Analysis on VRT - AI data centre - Analysis on ISRG - Medical devices Watch the latest coaching call (VIP plan): https://www.skool.com/invest-retire-community-1699/classroom/8932256b If you don't have VIP access yet, you can get it here: https://www.skool.com/invest-retire-community-1699/plans Cheers, Eric Eric Seto, CPA, CIM ex-KPMG Auditor and Lecturer Founder of 5MinInvesting.com

@Eric Seto Thank you for GOOG PUT credit spread. It was my first trade with you. I opened only 1 contract and collected $1.49 prem. I paid $.20 to close my positions. Made a good profit on 1 contract. Looking forward to next trade!

I see couple of videos in the classroom for stock screening. Are those criteria available in free version? Or do we need paid version?

SPCX I like this stock because of its long term growth in AI and Space. GOOG I like this stock because I like its search engine , Youtube and google phone. META I like this stock because of longterm user of Facebook and its Marketplace. TSLA I like this stock because of its innovative products and CEO. AMZN I like this stock because of shopping with fast free shipping even better with prime. QSR I like this stock because of Tim Hortons Coffee and their bagels. MSFT I like this stock because Ive known this company from the late 1980s and still has dominance. NVDA I like this stock because long term product user and still growing and dominating its space. HD I like this stock because I've been going to the store for a few decades. Likely to continue. TSX: CTC.A I like this stock because I like earning canadian tire money when buying gas. I also like shopping at Marks. Great Blue chip canadian company with a nice Dividend yield.