The “True Turtle Strategy” is a put credit spread strategy when the market is trending up. This strategy generated a 4,601% return with a 92% win rate since 2003. That’s an average yearly return of 294.76% by following this step by step strategy. So, if you want to make over 200% a year even if you work full-time or don’t know anything about put credit spreads, keep reading 🙂

Let me set the scene and define some terms before getting into the strategy…

Put credit spreads are a strategy that makes money when the stock goes up, stays the same or goes down slightly. This is a very reliable and predictable strategy when you trade it correctly. It is typically used by traders to grow their account and generate a consistently side income.

Trending up is when the market is making higher highs and higher lows. In other words, the market is consistently moving up or higher. It’s a market where a clear direction exists, and traders tend to trust it. This is one of the easiest times to trade.

Referencing the image above, you can see a few important things on this stock chart. When the stock is above the green line and the top yellow line, the stock is trending up. When the stock is trending up, we follow the rules for the “True Turtle Strategy” which are listed below.

The True Turtle Strategy – Instructions To Have A 92% Win Rate

• Wait for the stock to be between the green and yellow line ( +1 and +4 standard deviations of the 200 day moving average )
• Determine your short strike price for the put credit spread ( stock close price x 97% )
• Determine your expiration date ( current date + 12 days then round up to the next Friday )
• Setup the trade in your broker (sell to open the short strike price, buy to open the strike price below the short price, and use the expiration determine above)
• Ensure you are collecting at least .15 in credit for placing the put spread
• If you can collect .15, officially place the trade

Special entry criteria to increase your win rate: the price change over the prior four days before entering the trade should be no larger than 2.5% and no smaller than .5% and that you don’t enter on the first candle inside the band.

The key lesson here: trade credit spreads in the direction of the trend!

** If you want to get alerts sent straight to your phone when this setup happens or want access to my personal trade alerts that have over a 94% win rate, then check out the 10% Credit Spread Inner Circle Program **

Put Credit Spreads, on average depending on the delta you use, have a 70-80% win rate! However, you can increase that win rate to 92% when you trade the True Turtle Credit Spread Strategy! If you want to learn more or have any questions, reach out via email at hello@theimpeccableinvestor.com.

Thanks for reading 🙂
Austin Bouley
CEO & Chief Strategy Officer