I was determined to run my trading as a business , not as a gambler, and that meant looking at opportunities, supply and demand, marketplace dynamics and managing my business based on solid business fundamentals: profit, loss, expenses, overhead and return on investment.
They do not help you become a better trader or see the reality of the market. There are only 3 technical indicators you need to run this business: support, resistance and trend lines.
And even though the markets move and change in some ways, the principles have been the same for the past 200+ years.
Obviously I put my money where I get the largest return for the amount invested. Most of the money I make from selling this course goes directly into my trading business.
For stocks that ONE Absolute Truth is this: 1) All stocks fluctuate in price. For options there are two Absolute Truths: 1) All options fluctuate in price and 2) All options expire.
How did I discover how to start a stock and option business? One day I woke up one day to find a little extra cash sitting in a money market earning 1.5% a year.
The truth is, and this is exactly how I see myself: I am an entrepreneur . As an entrepreneur I seek opportunities in the market as well as engage in buying and selling activities to generate the highest return on my investment and then simply manage my risk.
That's' it. We keep it simple. Simple makes me money. I also discovered the TOP 1% of all traders do the EXACT opposite of what I tried to do when I first got started (predict the market)...
and I thought I 'knew' something' about the future of the market! Frankly, technical indicators are like crutches - they only help to support and validate your trading ideas already formed in your mind.
but they all had one drawback - the financial investment was large but so was the investment of time ...
The business of trading has all of these advantages. Once you know the system, this business can be managed in 15 minutes a day. It has all the makings of the 'perfect' business! The problem with creating a business based on the markets is that it seems like they are consistently changing and there is a lot of risk! As you know, the markets go up one day and down the next! I was really confused which way the market would turn, and since I hated the idea of losing money I tried to "predict" the market's direction because that's how I THOUGHT money was made.
something I really didn't have as a father of four. So after years of 'hit or miss' trading I started thinking about trading as a real business about 2 1/2 years ago - buying and selling stocks and options as a 'business'.
I know exactly what my maximum profits are going to be before I place a trade. I don't guess or speculate - I have a plan. Then I simply manage the position and, if necessary, adjust my positions to remain profitable or cut my losses through smart risk management technics and collect my profits at the end of the trading cycle (monthly).
You could learn these and hand them down to your children and grandchildren. The basics of this business will never change because the underlying the principles will never change.
I've personally seen returns as high as 62.5% (ROM) - that's $1,000 for every $1,600 invested. But let me explain why this course is different from anything you may have seen before... Most people think the markets are too risky and their approach is "hit or miss", pure speculation, or worse...
That's why I call it an 'evergreen' business. Unlike franchises or other types of consumer or business-to-business markets, the stock and option markets have been around for hundreds of years.