Trading Stocks And Options As A Real Business.

   THE GREEKS - MANAGING BY THE NUMBERS

You might be wondering why this is 3 modules combined into 1 video...

It's for two reasons. For one, it's as easy to learn as "1, 2, 3"! Second, I had initially planned on breaking this section into a few seperate videos, but found that one video worked best.

The 'greeks' play a critical role in your trading business. I totally de-mystify them and tell you exactly what the greeks are and, in practical, easy to understand language demonstrate how they impact your business. The greeks are the numbers you need to understand to manage your portfolio profitably.

Special report : The most comprehensive, yet easy to read 5 page CONFIDENTIAL REPORT on how to profit from "The Greeks" available in the world (yes, the world, and no, I'm not kidding). 

 TRADE SELECTION AND STRATEGY

We've set the stage, now it's time to get on with the work at hand. This is where things get good and interesting. What positions do we take? How do we determine when and how? Do 'charts' matter? What is the big picture behind what we're doing? And more...

TRADE SELECTION AND STRATEGY Part 2 (ADSK)

TRADE SELECTION AND STRATEGY Part 3 (DIA)

TRADE SELECTION AND STRATEGY Part 4 (SPY)

TRADE SELECTION AND STRATEGY Part 5 (IWM)

PORTFOLIO BUILDING

Build a portfolio by putting on positions that work together. This is where many traders go wrong - they put on individual positions and do not understand how they affect your overall portfolio. Why diversification in time frames, prices and strategies is a key to making money.  

USING THE TOS PLATFORM - THE TOOLS OF THE TRADE

ThinkorSwim (TOS), in my opinion is the best broker and has the best trading platform available. If you had to pay separately for the kind of analysis tools they give you as an account holder it would cost you many hundreds of dollars a month in fees - with TOS they're free. I take you inside the TOS platform and help you access the power you have at your finger tips. (There are other programs/software that you can use to analyze your trades, but TOS is free when you open an account.)

I am NOT an affiliate of TOS, and I am not making a commission from this.

PORTFOLIO MANAGEMENT BY THE GREEKS, ADJUSTMENTS, VIX and More

Now that we have built our portfolio, how do we manage it by the numbers? We learned the greeks, now it's time to put them into action. The key to success is knowing how to look at the numbers and know, without a doubt, what they mean and what to do with them if anything.

BY THE GREEKS and the VIX

INTRODUCTION TO ADJUSTMENTS

EXPIRATIONS WEEK - Part 1

EXPIRATIONS WEEK - Part 2 

THE ART OF ADJUSTMENTS - THE SECRET KEY

What happens when our numbers don't look good? This is where 99% of all traders get killed in the market... they have no clue what to do when a position goes against them and they lose money. It's too bad because most trades can be saved to make a profit! Imagine making one small change to your position and increasing your odds of making a profit by 80%! That's what adjusting can do for you! In Trading As A Business, we KNOW what to do. We trade with confidence. We know and understand that when a trade goes against us it's an OPPORTUNITY to add to our portfolio by adjusting. I call it Smart Allocation of Capital. The art of adjustments is the missing link in trading options and stocks that almost no one teaches.                                                                                      

SPY - IRON CONDOR

THE 4 RISKS OF THIS BUSINESS  (Overlapping Trades, Smart Capital Allocation, Concentration of Risk and Over Adjusting/Over Trading)

PRICE RISK

 CLOSING POSITIONS

How to close positions for maximum profits. How and when to close positions. The risks of holding positions into expiration week. When an how to 'buy' short-term insurance to protect your profits and increase your wealth in expiration week. How to close positions and get free trades left over that, although small, have a chance of DOUBLING our profits.

 IRON CONDORS

 CALENDAR SPREADS

 BASED ON THETA DECAY

 FREE OPTIONS THAT COULD DOUBLE YOUR PROFITS

THE BIG PICTURE - PART 1

THE BIG PICTURE - PART 2

ADVANCED TECHNIQUES AND EXPLOSIVE WEALTH BUILDING STRATEGIES

These are for bigger players with more capital... but when you have $15k or more to put to work, these trades generate explosive profits.

Explosive Strategy #1: Using this one method a $14,000 trade turned into a $75,000 profit in just 8 months. The most money at risk? Just $650. That was the total amount that was at risk when this position was initiated and NO more money was ever put into the position. Amazing profit/loss ratio. What's even more amazing? I HAVE MADE MONEY WITH THIS EXPLOSIVE METHOD OF TRADING EVERY TIME (every time!). And it doesn't matter if the stock goes up or down but does require an longer time frame- 6 to 8 months is not uncommon for these trades to create the profits you can brag about. Want to make a killing in the market? It doesn't get any better than this.  

Explosive Strategy #2: Another method I call "Flipping Stocks" let's me buy stocks cheaper than anyone else and if I the market does not cooperate with my plan - I get paid lots of money for waiting until it does! This is for bigger players with more capital... but when you have $15k or more to put to work, these longer term trades generate explosive profits.  

Explosive Strategy #3: This new strategy - a custom Diagonal Backratio Spread (aka "Victory Spread") - that has unlimited upside or downside potential and only $50 or so of risk? This strategy is extremely powerful and one of the biggest real 'secrets' that no one has ever discussed that I know of. Wait till you see the power of this strategy. It was taught to me by the same person who taught a former executive of a large brokerage company that came out of retirement to form a hedge fund that invests ONLY in this strategy. You can make $1000's with a total risk of $50 or so... it's extremely powerful. Think there's no free-lunch on Wall Street? This isn't one either but it's as close as it gets to one! So think again. This is the perfect strategy for playing earnings reports, takeover news stocks and any stock you think will move big in any direction with little risk. Many 'Big' players use this as their ONLY strategy because the risk/reward is so favorable.    

Explosive Strategy #4: It's called "gamma scalping" or I've seen some people use the term "gamma trading" when referring to this strategy. If you want to be more active in stocks but hate the risk, you'll love this. Day trade without the risk normally associated with day trading. Can be setup to be an 'semi-automated' trading system. Very powerful and again another low risk, high earning strategy for more active participants (requires capital of $25,000 due to 'pattern day trading' regulations).  

STOCK SELECTION

Stock Selection Worksheet (Xcel Spreadsheet)

ORDER ENTRY - DAY 1 

(We entered our trade in NFLX and discovered that we couldn't borrow shares to short the stock- real world. So we opted for our second choice AVP. Order entry and a $40 profit! Not very large, but it was easy money and the stock hardly moved.)    

UPDATE - DAY 2 

(We make progress with AVP - a $250 profit. Also discussed: The finer points of gamma scalping, more nuances. Also we enter a second gamma scalping trade on ADBE.)  

Day 2 Worksheet (Xcel Spreadsheet) 

UPDATE - DAY 3 

(A profit of approx $2,440 today on AVP plus the profit of $250 from yesterday put our net profit at $2,683. Our deltas moved all the way to +583 but we could only hedge by shorting another 500 shares as we already were 500 shares short. The majority of our profits came from our long Aug 35 strike call on AVP - I looked at the chart and I sold them at 9.60 - the highest actual trade of the day! (they were 'bid' at $10 but no one bought) Some are lucky, some are smart - today I got lucky. So I decided to close the trade but keep the almost worthless 'put' (.02 cents). Selling it would cost us $15 in commissions and leave use with $5 so we might as well keep it ... if AVP moves and reverses we will potentially have another way to profit from the long put.)  

Day 3 Worksheet (Xcel Spreadsheet)

UPDATE - DAY 4

UPDATE - DAY 5

UPDATE - DAY 6 

UPDATE - DAY 7

THETA SCALPING 

Explosive Strategy #5: I call this strategy "Theta Scalping"... it’s like "Gamma Scalping" but the differences will become clear when you see this video. It’s powerful because it’s lets you trade large Credit Spreads and Iron Condors and Double Calendars and other ‘income’ strategies that are positive theta without the expense of adjusting using options and it takes a lot less time. This is different than adjusting using more calendars or overlaying condors as you’ll see because it allows you to trade larger sizes for larger income trades easier than adjusting with options.

If you liked the idea of the monthly income trades but was wondering how to 'turbo charge' them to make a fortune, then you will love THIS strategy. Instead of sweating out calendars and iron condors (hoping they don't move against you) for $1000-$2000 a month you could start generating an income in the $5,000 to $40,000 a month after learning this and with a lot less stress while trading as 'big' as you want. This last strategy is the 'icing' on the cake... the peak moment in all your hard study and will be worth 100 times what you paid for this course - maybe even more. Why didn't I reveal this before? Simple: You would not be able to use this strategy without a good foundation that was laid out in Module 0 to 10. I give you the criteria to use, suggestion on the etf’s to use and how to manage the trade once you’re in as well as examples from my own portfolio.