Assigned With A Wheel Trade & The Market Tanks

I’m Markus Heitkoetter and I’ve been an active trader for over 20 years. I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails. They start trading and realize it doesn’t work this way.

The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. Real money…real trades.

In this article, I want to talk about what to do when you get assigned with a Wheel trade.

Previously, I have shown you the Wheel strategy. It’s a strategy that I’ve been trading for several months and I haven’t had a single losing trade yet, knock on wood.

So I received a lot of comments on my videos asking,

“Yeah. That’s all good. But what do you do when you get assigned with a Wheel trade and the market crashes?”

And that’s exactly what we are going to talk about today.

What To Do When You Get Assigned With A Wheel Trade

I want to show you how to handle getting assigned when the market crashes by using a real trade as an example where this happened to me, and I couldn’t have timed it more…