Finally, A Real Options Trading System for Purpose of Providing a Workable System for the Purpose of Trading Options for a Good Living
You are in for a treat! You're about to learn an amazing system translated out of a time where I intuitively (and with lots of focus) "rode the waves" of a "story trend" move as I used to call them running approximately $13,000 up to a peak of around $425,000 in 4 months, 4 trades in my whuppersnapper days.
Obviously you can see that I got a little aggressive on my position sizing... ahh youth... but I had an intuition in the markets that started to be built from age six. Yes age six. My dad loved the markets. He had me trying to read the Wall Street Journal and listen to Paul Kangas' Nightly Business Report even from that age.
Back to the trading story. So I was following this certain stock of a certain company. They had great options prices back then that correlated with the stocks average moves quite well. You could buy a near the money option at about 1.00, ride a move and sell it for 5 to 8. Well you could in this trend because it was highly motivated in anticipation of a produce launch that was very much in demand (no it wasn't AAPL - I'll tell you in the course...).
And I knew enough about options back in those days to know that I needed momentum and speed, with lots of follow through "millage" in order to make a lot of money with options. So like a cheetah hunting for it's prey, I searched and surveyed the land and eventually this opportunity popped up out of the blue.
And I knew with my "cheetah instincts" that this was in the category of a high probability win, even to the point of nearly being a "for sure win". So I waited until I had the right setup; I waited for my prey.... And just at the the right moment, I pounds with explosive speed and fury with an aggressive options position.
I did this 3 more times and CRUSHED IT taking a tiny account into a nice sized account, a very nice sized account for me at the time. I was watching the markets like a hawk, as the expression goes. Because after I put position on I now had to figure out intuitively when to get out of that position at the right time in order to make sure I capture the most profit I could. And that took a lot of focus and a lot of time.
So the whole process of making the series of trades happen took a lot of time and effort, a LOT of time and effort. And so I realize even though that was a great victory that intuitive trading sure does take up a lot of time, effort and focus and it really limited me from doing other things. And I wondered if there was an easier way.
Then one day down the road I stumbled upon some technical analysis books. And one book in particular really shocked me. They were talking about the exact method just about that I used intuitively to take that small amount and turn it into a large one.
When I learned that back then I realized that my trading achievement was really not that big of a deal because I could have done that many times over by simply following a few set of rules! it was mind blowing. It was incredible.
Of course you probably wouldn't want to be as aggressive as I was without the special sauce technique that I teach in the course.
The discovery that price charts hold all the secrets and can make trading so much more easy was a massive one. Because now I can reduce my effort in watching the market by 99% while taking advantage of these types of moneymaking moves over and over and over again. Plus, now I would be able to compound my account since now I can take a systematic approach, to a repetitious approach to training these types of moves.
So then I translated my intuition into a set of rules into this trading system, OTA CORE. And also I mentioned the secret sauce needed if your looking to get really aggressive and crush it like I did as I explain that in the OTA CORE Options and Stocks Trading System.
Plus if I had the OTA CORE trading system with it simple rules at the time I could have kept on trading, taking in way more profits overtime versus just taking those 4 trades.
You see, intuitive trading got me so focused on one event, one story. But there are many stories that keep on going and going and going in a stock's price action flow. And quite frankly you don't even need a special story anymore technically speaking.
It displays the trades and let the market do its own thing giving you small medium and big news when it feels like. All we want to do is simply be in front of the market on our stocks before they move with our nice options position or stock position. And then just collect the profits as the market moves.
What's price action trading for options?
It's price bar movement on a price chart. It's the language of the marketplace. The marketplace speaks. It says things. We've learned how to read the language of the marketplace so we can listen, and profit.
It's just simply a record of price, moment by moment, on paper or a computer screen, a range plotted on a graph of time vs. price. And there are many secrets on a price chart. In fact you may even argue that there is a " universal code", " fabric of the universe" and so on, sitting right there on a price chart.
Of course after studying price charts almost every single day for nearing thirty years I've gained quite a bit of insight... So I'd like to share some of that Insight with you to help you potentially start profiting right away.
Again, whoever thought that trading could be so simplified. Most people get sucked into the markets noise and emotionalism.
The noise and emotionalism of the markets are how the market place takes amateurs money. You can get a greater insight about this by reading Nicholas Daravas' book, "How I Made $2000000 in the Stock Market"