I received the following quote today and immediately thought of the stock market.
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The fact that an opinion has been widely held is no evidence whatever that it is not utterly absurd; indeed in view of the silliness of the majority of mankind, a widespread belief is more likely to be foolish than sensible.
— Bertrand Russell, Marriage and Morals (1929) ch. 5
There is so much “silliness” in the markets today. The market drops on worries about Europe debt and then rallies on a possible resolution. A look at the fundamentals of companies reporting earnings shows that many are raving buys. A look at the charts say those same stocks are a short-term trade, buy at the bottom and sell at the top. These opportunities come and go pretty fast.
With options those opportunities can be slowed or “smoothed”. Using options, stock ownership can be maintained while you profit from these silly swings of market opinions. It is a widespread belief that options are risky and yet they were created to reduce risk and can be used to eliminate risk. Every time the market drops I’m generating cash that can be used to buy equities at their reduced prices.
I've done a lot of stock and option training education over the years but this is the first place that actually delivered on what they advertise. They don't just give you trades or give canned formulas to execute, they give actual training courses and make sure you understand them before moving on to more advanced topics. There is ample opportunity to get feedback from instructors on any and all aspects of option trading. I had been trading for years before signing up and I didn't know how much I didn't know. I am so much more successful in my trading than before and I'm learning more here everyday. Worth the price of admission!
The power of this educational program lies in the value of the coaches that you will have access to when you join, not if. The value of their combined contribution is worth more than any initial investment. This is not training, it is a mindset reset for the 99 percent of regular joes that struggle to gain an edge while investing in the stock market.
