So you've got a brokerage account, and you've made a few trades in the stock market. You feel good about your investments. You have done your research and you have a diversified portfolio. Last year you turned a good profit, but it wasn't without its losses. Such is the stock market. Lately, the market isn't trending in the right direction. You bump into a friend. He explains that … [Read more...] about What Is Option Trading and How Do I Do It?
Let's Make a Deal. The Monty Hall Problem shows us that, with two unopened doors left, the odds are 50-50 that the car is behind one of them. But when you stick with Door 1, you’ll win only if your original choice was correct, which happens only 1 in 3 times on average. If you switch, you’ll win whenever your original choice was wrong, which happens 2 out of 3 times. Our brains are not wired to … [Read more...] about Webinar: How to Trade Options for Consistent Income
Traditional options trades have both benefits and liabilities. After exploring the liabilities, the ConsistentOptionsIncome.com Income Course will demonstrate how these liabilities can be overcome with a strategic adjustment approach to our options trading. Long Options: Unlimited Profit & Fixed Risk. Market moves in the right direction but not enough to generate a profit. This is due to … [Read more...] about Traditional Options Trades
There are three kinds of lies: Lies, Damn Lies and Statistics -Mark Twain We need to understand the limitations of probability. A 1 Standard Deviation move 10 days out is much more likely to be violated than a 1 Standard Deviation move 40 days out. This seems to undermine the purpose of probability measures and might be contrary to our expectations. The noise built into the market can … [Read more...] about The Deceptions of Probability
Here is an outline of the course: Options Theory Charts & Graphs Probability Traditional Trade Types The Rules The Spreadsheet 48 Monthly Trading Videos "There's an easy solution to every human problem; neat, plausible and wrong." -H.L. Mencken There are many great ideas about how to trade the markets. However, sadly, most do not work. Trading directionally … [Read more...] about An Introduction to the Consistent Options Income Trading Course
While Credit Spreads and Iron Condors are good trades, we don't teach them in our Income Course. We trade the Russell Cash Index options. We create a multi-legged, complex position that is very adjustable. We want to make money from the way we manage the trade and not from what or when we trade. We trade the front-month options only to avoid the calendar implied volatility risk. Our position is … [Read more...] about An Overview of the Consistent Options Income Trading Strategy
With savings accounts paying less than 1%, the best returns can be found in the stock market. However, correctly trying to guess what the stock market is going to do next is a loser's game. No matter how much money you accumulate, at some point, you will need to use your accumulated wealth to create a reliable income for yourself. The Investment Industrial Complex will not help you in this regard. … [Read more...] about Options Trading Consistency with Minimal Experience