Options Trading Basics: Trading as a Business Video 2 Part 1


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Hi everybody. I want to really thank you for investing in yourself and investing in this program. I think you’re going to find an absolutely fantastic way to trade, that’s going to serve you for the rest of your life. Once you learn how to do this – unlike other industries, the stock market really doesn’t change. They may have new products, like in recent years, ETFs have been very popular. So, there might be new products coming on the scene, but the basics of investing will not change. They will be the same pretty much forever.

Once you learn how to master this program, you’re going to be able to not only have the confidence to trade, on a daily, weekly, monthly, yearly basis, for the rest of your life, but this is a type of program that you can hand down to your children and your grandchildren. The basics of what we are going to be covering, and even the advanced techniques of what we are going to be covering, are not going to change. They are going to be the same forever.

I just want to say that, first of all, I don’t know what your experience is in investing and trading. You might be very new to investing and trading, and that’s fine. I think that you need to go out and purchase some very basic books on options. You need to understand what an option is, because that’s what we primarily use for trading in our monthly income component of this business.

The second thing is that you probably won’t need any more than the basics. A single book on options is all you’re going to need. I don’t want you to get totally confused about that, because we are going to cover everything beyond the basics here.

Everything that you’re going to need is in this trading program. The only thing that you might want to do is pick up a very basic book on options, just to get familiar with what an option actually is.

But we’re also going to cover option fundamentals for just a few minutes, so you may not even need that. It does help, when I learn a new material, to find many different books on the subject as I possibly can. Older books and newer books, and anything I can read on the topic. When I get into a subject, I normally read between five and ten, even fifteen books on the subject itself. Even though you might be involved in this core program here, and you’ll really get all the information you need in this program – in order to round out your education, you might want to pick up a few books. Just to get familiar with the way other people might look at the trading and investing, especially the use of options in trading and investing.

It’s been my experience, also, that when I find a program that really works, and I find something that is so excellent that I get really excited about it, and I want to test it out, I tend to get comfortable with the material. Then, I start to get creative with it. I start to think of ways that I could expand the program, or because of other things that I have read, go away from the program and say, “Maybe I could do this, or maybe I could do that, or maybe I could do something else.”

When you start to get creative, then you’re at the point where you’re really going into uncharted territories. I can tell you that you will eventually come back to this program again. You’ll get so excited by this program that you may go out and read all kinds of other materials. You might even go to seminars, or workshops, or anything that you can find, because you’ve got this newfound knowledge, and you want to learn as much about it as you can.

That’s great. But I know for sure that once you try other programs, I guarantee it, that you’ll come back to this program, because it is the most profitable way to trade.

Since 1985, I have been trading all kinds of different systems. I have traded option contracts, I’ve traded stocks, I’ve used systems, I’ve used technical analysis systems. I’ve used just about any type of system that you can possibly think of. I’ve gone to the seminars. I’ve gone to all kinds of different workshops, online seminars, and webinars, and programs. Free programs, and programs that cost $5000 for two days.

I’ve gone to all of them. I can tell you with a great deal of confidence that the system you have in your hands right now beats them all. This is the very best system for you to make money on a consistent basis, and also build long-term wealth.

That being said, we’re going to go through – this is an entire system. We’re going to go through every aspect of trading that you can possibly think of.

When we go into portfolio building, I’m going to show you a couple of different trades that seem to work out very well, but are actually extremely dangerous. A lot of what you’re going to be learning during this program is how to select the very best trades that you can possibly pick, without hurting yourself financially – but also has a very good risk-to-reward ratio, so you are putting yourself in a position where you can actually build a nice monthly income, as well as long-term wealth.

That’s the goal of this program. I want you to understand, too, that this program was developed as a result of a retail trader who didn’t find much success with all of the programs and systems that were out there. Then he found a very unusual system, that really makes consistent profits in the market.

That is a system that you’re going to be learning. Because after twenty years of investing as a retail trader, there aren’t many systems that you can really count on, that will make both consistent monthly income, and build wealth.

So, this is not from the standpoint of a market maker. There are lots of guys out there who are teaching trading systems. Many of them purport to be former market makers, or insiders at stock exchanges. That’s great, except when I was going through seminars and when I was going through webinars things like that, it was really apparent to me that they had a level of knowledge, as a market maker, that didn’t really apply to retail investors like ourselves.

I was a retail investor. I’m not a market insider. I needed that information translated down to a point where I could understand it, and apply it to my trading. That was not easy to find. That was more difficult to find. I had to take all the information in, and apply it to my trading on a realistic and daily level. What is it that I do on a daily basis, or a monthly basis, to select trades, monitor them, make adjustments if necessary, and remain profitable every single month?

I got a lot of theory, and I got a lot of cool stories about guys making millions of dollars in three days, in the 1987 crash, and so forth. Which was really interesting and really nice, but my approach to investing and stocks and options is that I want to treat this as a business. I’m going into a business for long-term profitability. I want to build equity in my business, and I want to have a monthly income. That’s how I want to approach this.

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