When a New Trader Begins

When a new trader begins with us I watch carefully for their emails and questions. Although at first I may not "know the subscriber", or the person's issues, soon, within the subscription period I can begin to recognize the type of trader. Who are you? Here's a type of trader setting themselves up to fail, and that will not last:

*Does not read any of our password protected material/manual or articles.

*"Browses" the rules and Floyd thinking

*Immediately begins trading, waiting for the signal provided, and writes right away with questions on the first trade that begins to go the wrong way

*Begins questioning "bad advice" or "why did you say it sold profitably, when I could not sell it"

*Loses a great amount of money quickly, and gets angry

*Makes a great deal of money, is ready to become a full time trader and quit their job because it's so "easy", and then loses three times their original gain and is devastated and says "option trading is not for me"

*Tries us for 30 or 60 days, says "it isn't what I expected" and quits

Is this you? If it is, you are at fault, and you will fail. You will fail at any stock or option trading method or system you try, and you will always blame others.

Stock and option trading is a high level skill that over 80% of individual investors fail at, and always it is the trader's fault. If this were easy:), everyone would do it.

This is a high level skill that can be learned, but must be learned....not simply traded.

You are who you decide.


Investors in today's market must carefully study our bell curve analysis count.

Seldom before have 300 point moves occurred two or three times in a week. There really are only four movements taking place: 1. Oversold 2. Overbought 3. Clear bias 4. Limited flat bias

Puts were profitable to 14.70 from Friday's buy. Calls were available at best buy and could have sold to highs of 3.60. We'll leave both signals open for today's trading.