Conviction is easy to talk about. It's harder to demonstrate.
Steve Strazza demonstrated it earlier today.
On the Fast Money Charts encore with JC Parets, Steve confirmed Wave Trader's track record since launch: seven trades, seven winners. Five clean doubles. Two up 90% when most members took profits. All of it in the choppiest, most sideways tape of the year.
JC's take after watching Steve walk through every trade live: "One trade pays for three years."
He is not wrong. A single Amazon trade at minimum position size — calls bought at $4.80, doubled to $9.60 the following morning — returns more than that.
Steve also walked through what he's watching now. 85% of the Wave Trader portfolio is in tech and large-cap growth. Software coiled at critical support.
The Russell 2000 retesting its prior cycle highs — the level Steve called the single most important chart in the world to him right now.
Seven for seven is the track record. The next setup is already forming.
The replay session is up now.
