The biggest frustrations and failures I’ve seen all have one thing in common…
They are in such a hurry to make money that they start trading before they even know what they are doing.
This leads to frustration and losses.
I don’t know if they are in a hurry because they are greedy or desperate or simply impatient…
But here’s something to consider…
Even the best picks in the world won’t do you a damn bit of good if you don’t understand the strategy you are using.
That’s why I strongly suggest you SLOW DOWN.
Take a little time and learn the strategy backward and forward BEFORE you trade.
Then start in a virtual account first (www.optionsxpress.com or www.optionshouse.com).
Then get the VIP picks and use them as your guide.
These VIP picks come out on Tuesday morning after we can see the options prices.
One member was hysterical because he could not get the trade for Tuesday on Monday night. When a guy like this goes crazy on my staff, I know he never even watched one video… or even read the article titled: How To Get The Most From The VIP Picks… because, if he did, he would know that it is impossible to issue a trade alert on Monday for Tuesday because there is no way to know what the strike prices will be.
We issue the VIP picks on Tuesday morning after the market opens and settles down. This way we can get a better read on the market and make better picks.
Once we make a VIP pick, we email it to the VIP members.
You do not need to be glued to the computer all day.
When you get the pick from us, check the stock price in real time and compare it to where it was when we made the pick. If the stock has moved up or down, adjust your strike prices for your spread up or down accordingly.
Also, it’s important to know that the VIP pick we like is not the only good spread on the stock. You may want to use the stock we select, but use higher or lower strike prices to get the yield you want.
Here’s something else you really need to know: The people who get the best results understand this strategy so well they can find great trades on their own, in addition to the ones we give them.
I hear from many members who do this and it brings me great joy to know they used this training to reach a level of true success and can make weekly income… on their own… for the rest of their life, because that’s the most valuable skill in the world.
Trade Well,
Jack
PS. Never forget that we are always here to help you.