In this report, I am going to share with you a very simple strategy.
This strategy is based on methods used every day by big banks, wirehouses, and market makers to generate consistent profits.
I'm also going to show you the 5 reasons most option traders lose money and how you can avoid them.
Finally, I will give specific examples demonstrating how to deploy this strategy properly and identify the best times to use it.
But before we dive into the details of this trading method, we must answer a very important question – one that few traders ever consider.
If you ask the 90% of option traders who lose money to give a reason for their lack of success (assuming they admit to it), you're likely to hear things like poor chart reading, wrong stop placement, early profit taking, or the all‐too‐common "psychology" excuse.
Educators love the psychology cop out.
It's a catch all that can be used to justify just about any failure.
This needs to be nipped in the bud immediately. If a strategy works... it works. A trader's emotional tendencies have little, if anything, to do with his profitability.
No. The question we must ask – the most overlooked and under researched of all is...