Podcasts about Trader

David and Matt are back to talk Nancy Pelosi: expert investor, the Texas Fence Cutting Wars, and are joined by two OG TMBS alums:Daniel Bessner (@Dbessner) joins us to talk about the "end of the era of mass politics."Djene Bajalan (@DjeneBajalan) joins us to talk Erdogan, Turkey, Gulen, and Enes Freedom.

Hey Folks, and welcome to another rousing episode of Drinking Alone, With Friends! This week we celebrate the life of Tud's Keggerator as it moves on from this world, before returning to Sober Janutober with a bad White NA beer. Then Chris brings a LISTENER MADE beer from one of our #1 fans who works in a brewery.  Finally, Obert brings a gose from Tud's favorite VT brewery. We had a lot of fun this week, you don't want to miss it! Cheers and thanks for listening!   Three Handles on Our Frosty Mug of Wisdom Detroit Style Pizza TapeFear OLED Switch Follow us: Instagram YouTube Facebook Discord  - Join to drink beer, spirits or wine with us!  Support our Beer Buying Habits on Patreon (don't forget to subscribe to drink with Chris while he drinks a Bud Light Chelada!) Chris' Twitch Stream! e(nvelope)-mail us! Click here to let Jordan know your breakfast choices Special Thanks to the following for being AWESOME! Jordan of the Wreck My Podcast! crew! Jake for being a great Friend, Twitch Mod and Trader of Beers! Sal for being the best letter writer/Tud challenger/beer sender ever! Larissa for being the ULTIMATE handle giver of the podcast! Shea for becoming a ROCKSTAR patron!

Tom Sosnoff (IG: @TheTomSosnoff) is the creator of the Think Or Swim platform which he sold to TD Ameritrade for $750 million, the TastyWorks online brokerage which he sold to IG Group for $1.1 billion and the Small Exchange which he sold for $250 million. He's also the creator of the TastyTrade Financial Network, the largest online financial network in the world. Tom is the foremost expert in the world on retail options trading. Learn more about Michael's Men of Action Mentoring Program: https://go.moamentoring.com/i/2 Subscribe on Youtube: https://www.youtube.com/user/MichaelSartain Listen on Apple Podcast: https://podcasts.apple.com/us/podcast/the-michael-sartain-podcast/id1579791157 Listen on Spotify: https://open.spotify.com/show/2faAYwvDD9Bvkpwv6umlPO?si=8Q3ak9HnSlKjuChsTXr6YQ&dl_branch=1 Filmed at Sticky Paws Studios: https://m.youtube.com/channel/UComrBVcqGLDs3Ue-yWAft8w 0:00 Intro 0:55 Stories from being a pit trader 5:09 The creation of Think or Swim 8:31 Russian programmers 12:16 Courtside seats to see Michael Jordan as a rookie 14:55 Gambling with Michael Jordan 16:44 Playing poker with Michael Jordan 17:46 Playing 4 on 2 against Michael Jordan 21:23 Someone tries to buy your Bulls tickets 22:53 Midprice and the bid/ask spread 24:02 *Pissing off other companies 24:38 Weekly options and implied volatility 25:53 *Selling Think Or Swim to TD Ameritrade for $750 million 29:02 Tom becomes an executive at TD Ameritrade 30:55 Creating TastyTrade in 2013 32:14 Back testing and look back 33:00 Trading stock options versus flying an airplane 33:12 *Creating the TastyWorks brokerage 36:38 Tasty Works has no financial media 37:09 Dylan Ratigan 37:44 *No commissions on stock trades 39:11 Creating the small exchange And selling it for $250 million 41:17 Selling TastyWorks for $1.1 billion 42:06 *Traditional financial media tries to ignore Tom Sosnoff 45:52 The first brokerage in the world to offer every product to every person 46:24 Tom is the largest shareholder of IG group 47:28 TastyTrade methodology 48:54 We believe everyone is smart 50:45 Traditional finance and DeFi 52:30 Web 3.0 53:52 Liquid options on cryptocurrency 55:31 Anonymity versus regulation 56:46 Crypto firms realize they need Regulatory approval 57:50 Liquid options would remove some extreme volatility 59:20 The myths about high-frequency trading 1:00:03 Karen the super Trader 1:01:44 No one knows anything 1:02:25 No such thing as a Crypto hedge fund 1:02:50 Technical analysis scientifically does not work 1:04:24 Even if you know the earning numbers you still don't make money 1:05:10 What is the point of economists? 1:07:02 Fundamental analysis 1:08:10 Artificial intelligence 1:09:09 Normal distribution, standard deviation, High probability move 1:13:19 Volatility is mean Reverting 1:17:25 Efficient two-sided Markets 1:19:59 Buying options versus selling options 1:21:23 Research pieces on Tasty Trade 1:22:40 Mathematicians and physicist in finance 1:24:13 You are the average of the five people you surround yourself with 1:27:36 Your financial advisor doesn't know anything 1:28:30 Making a trade versus navigating an airplane 1:29:19 *Why do you hold a short position? 1:30:38 Financial lingo 1:32:09 Jordan: “someday I'm going to make as much money as you motherfuckers” 1:32:52 Dylan Ratigan and financial media 1:36:55 75 trades today 1:38:04 Elon Musk, Mark Zuckerberg, Jack Dorsey and insider trading. 1:39:45 Joe Rogan 1:41:57 Mark Zuckerberg and the meta-verse 1:43:06 Blockchain, NFT's and virtual land 1:45:23 Never asked Michael Jordan for an autograph 1:46:43 Social media as a public utility 1:49:13 Fang stocks and the concentration of wealth 1:51:44 Traders who believe the market only goes up 1:54:10 The risk I'm willing to take 1:56:44 Meme Stocks: GME, AMC 1:58:25 Robinhood 2:00:03 Citadel controversy 2:01:29 Liquidity provider, market maker 2:03:44 Going back to work, working from home 2:07:59 Inflation 2:08:15 *The Last Dance and Scottie Pippin 2:13:09 Outro

Anton joins Liz and Jenny as they discuss the probabilities of intraday reversals after both up moves and down moves.

Anton joins Liz and Jenny as they discuss the probabilities of intraday reversals after both up moves and down moves.

Professional Trader Gareth Soloway of InTheMoneyStocks.com shares how he is trading gold, miners and commodities. He believes that the major miners' charts look poised for a potential 2022 breakout. Gareth has over 20 years of trading experience and is the Chief Market Strategist at InTheMoneyStocks.com. Since 2007, Gareth has maintained an over 80% success rate on swing trade alerts (verified 300+ trades per year) given to members in Verified Investing Alerts (formally named the Research Center) and a verified 94% success rate on day trades in the Live Day Trading Chat Room. He has given lectures at colleges around the United States, been asked to train hedge fund traders in other countries and taught thousands of investors how to invest and trade profitably, achieving their dreams of financial independence. He lives life to the fullest and puts his heart and soul into teaching his members who come willing to learn the PPT Methodology. 0:00 Introduction 0:54 Gold 2:55 Skepticism regarding technical analysis 4:31 Trading in 2022 so far 5:19 Your most contrarian call right now? 6:09 NEM 7:25 GLD 8:29 FCX 10:31 UNG 11:27 USO 12:59 CAT 14:19 Carbon markets 15:49 Trading an IPO 18:03 Tesla 19:35 REIT 22:46 JETS YouTube of this interview to see the charts Gareth refers to: https://youtu.be/jil265iVsSs Gareth's websites: https://inthemoneystocks.com/ https://verifiedinvestingcrypto.com/ Sponsor: https://fpxnickel.com/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Your Brain and your mind are your greatest asset as a trader, together they are most powerful weapon in your arsenal. But are you using them effectively, optimally, and to their fullest effect? Your capital, your systems, your processes are the warheads you deploy in the markets, but it's your brain which is the system that deploys them, and your mind is tool that observes, senses and then makes the choices when to launch, manages the battle, and the allocation and timing of resource utilisation in that battle. But all too often, traders, are worn down in that battle, their mind becomes sub-optimal, and their brain slowly switches off. You can do something about it, and you should be aware that you can do something about it, otherwise you end up becoming the victim, and not the victor. But it is incredibly hard to do yourself.  In this week's AlphaMind podcast, the usual co-host Mark Randall, is interviewed about ‘Weaponizing of the Traders Mind'. 

Bryce is someone you will want to know! He focuses on the long side and scalping trading style. He has found success in different markets along with returning to other markets. Bryce is very open about his process, portraying the good and the bad. Not every day will be a winning day; therefore, it's important to find people who will show the reality of trading. The market may not always favor your style! These moments can be very discouraging, but risk management can change the outcome. It is easy to talk about downsizing; however, learn how to implement it! Watch this video and learn from a talented trader!   Low Commissions, Cheap Borrows, Fast Executions -  https://get.cobratrading.com/bthestory/   Follow Bryce on Twitter: https://twitter.com/TraderBryce   Book a 1 on 1 Call with me - https://calendly.com/bthetrader/1-on-1-talk   Click here to sign up for our Newsletter   BTheTrader Merch - https://my-store-11542608.creator-spring.com   Catch me trading live on Twitch - https://www.twitch.tv/bthetrader

Every year I have a tradition of choosing my START, STOP, FACE and EMBRACE for the next year.  In this episode, I share my new START, STOP, FACE and EMBRACE for 2022:START: Paying myself first! STOP: Unconscious tv watching and couch sitting. FACE: My money! EMBRACE: Budgets & PNLS  If you're interested in creating your life AND generating REAL change and potency in 2022, I invite you to join my CREATE YOUR LIFE “Annual Planning Workshop” in January 2022. Text: CREATE to 323-524-9857 to learn about our future dates.  IN THIS EPISODE, I TALK ABOUT:What is START? What is STOP? What is FACE? What is Embrace? How choosing these four tools can help you generate your annual plan. The importance of each tool and what it is.   ​​RESOURCES:Text: CREATE to 323-524-9857 to apply for my Get Up Girl Gang community If you enjoyed this episode, make sure and give us a five star rating  and leave us a review on iTunes, Podcast Addict, Podchaser and Castbox. Let's Connect:The Get Up GirlInstagramFacebookMonthly online fitness academy

Shark Trader joins us for the first episode of Season 3 to talk about New Year's goals, manifesting, visualizing trades and working toward success. .Watch this episode on YouTube.Sponsored by Pennies: Going In Raw.Sponsored by Last Bottle Wines, Use code PENNY for 10% off your order, good for a one time use, valid until March 11, 2022.Try WhaleStream  free for 1 week and use code pennylane.Penny Lane MERCH!.To support the Penny Lane Pod, please use our affiliate links!.Benzinga! Click this link to check out our favorite trading tool!!! + 2 Weeks free!Use code PLPOD for 25% off a subscription!TrendSpiderUse code PLP25 for 25% off a monthly or yearly planTraderSyncUse code pennylane to get 15% off our monthly subscriptions, and 55% off our annual subscriptions.WebullFind us on Twitter@Pennylanepod@Penny_Lane_BBMFollow Blayne on Instagram:@blayne_art

Hey Folks and welcome back to a new year of Drinking Alone, With Friends! While it might be a new year, its still the same old fun here on the podcast with Chris, Tud and Obert.  After we talk about our resolutions and our holiday travels we get back to it after our week off, with a new-to-the-pod brewery out of Charlotte, an out of this world IPA from VT, and a taste of Sobuary with an Athletic Brew. Cheers and thanks for listening!   Three Handles on Our Frosty Mug of Wisdom The Magic Puzzle Company Spider-Man: The New One (Trailer) Encanto (Trailer) Follow us: Instagram YouTube Facebook Discord  - Join to drink beer, spirits or wine with us!  Support our Beer Buying Habits on Patreon (don't forget to subscribe to drink with Chris while he drinks a Bud Light Chelada!) Chris' Twitch Stream! e(nvelope)-mail us! Click here to let Jordan know your breakfast choices Special Thanks to the following for being AWESOME! Jordan of the Wreck My Podcast! crew! Jake for being a great Friend, Twitch Mod and Trader of Beers! Sal for being the best letter writer/Tud challenger/beer sender ever! Larissa for being the ULTIMATE handle giver of the podcast! Shea for becoming a ROCKSTAR patron!

Let's talk more about MONEY baby!I know it can be scary to talk about money and even think about it. But what if you gave money more love and attention. And what if your relationship with money is healthy and communicative.Make LOVE to your money and find out how much more you can create this year just by not turning your back on YOUR reality of money! In this episode you will learn about 3 Things That Can Change Your FINANCIAL Reality in 2022:Start your emergency fund.Protection is so important! Begin to start thinking about retirement.  ABOUT KATIE BATRES:Katie started off as a dancer, she got the opportunity to perform in many places including around the world! She has choreographed for up and coming artists (mostly for people in other countries). Katie then began to model and had the chance to work with countless companies Including big ones like SHEIN and FASHION NOVA as well as for many artists' music videos. Katie now also became a booking manager so she can cast for roles she may not fit. She owns her own fitness program and began hosting an IG TV show called “#CatchinVibes” this year. She now does finances to help people in a supportive way to create the best future for themselves. RESOURCES:ACORNS APPQAPITAL APP FOLLOW KATIE:INSTAGRAM  If you enjoyed this episode, make sure and give us a five star rating  and leave us a review on iTunes, Podcast Addict, Podchaser and Castbox. Let's Connect:The Get Up GirlInstagramFacebookMonthly online fitness academy

This episode covers the Money category.This episode's guest is Jake Wujastyk,  the Chief Marketing Analyst and Founding Member of Trendspider.  Trendspider is a new type of charting, technical analysis and trading platform - one built by traders, for traders. It's a unique set of integrated tools designed to help you find, plan, and time your trades with greater efficiency and precision. Jake Wujastyk has been a market participant since the age of 12 when his dad created a custodial account for him in middle school. He is one of the founding members of TrendSpider, a market analysis software for retail traders looking to get an edge in the markets. Jake has a passion for applying simple supply and demand principles into technical analysis and helping share new perspectives in the markets.  We talk about the following:   The discipline needed to be a successful traderMyth busting the trader lifestyle:17 screensTechnical charts all dayGlued to the screenHow to deal with the market being at all time highs (ATH)Position sizing, and MORE!I'm curious to hear your thoughts and how you will implement the tips provided in the episode! Please leave a review, subscribe, and/or comment your thoughts by reaching out via email at financezilla@gmail.com or Instagram @financezilla! If you're interested in financial coaching or corporate success coaching, feel free to reach out via the above platforms to apply or click this link for a FREE 30 min strategy call so we can work together with you to achieve your goals!The Coldest Water!  - 10% off using code FINANCEZILLAHabits365 apparel - 15% off using code FINANCEZILLAMake sure to reach follow Jake and Trendspider for chart patterns and more!Jake's TwitterTrendspider YouTube channel, Instagram, and TwitterTrendspider Website

Whether it's crypto or forex, the financial market has been booming the past few years, and more people are starting to get involved with trading. In this episode, help Charlie welcome superstar trader Lewis Crompton. They delve into how you can optimize your mindset and your thought process in terms of being more successful and making more money through trading. Find out the different trader personality types and know if you are more of a risk-taker or not. Plus, learn about negative association and how you can prevent self-sabotage. Get addicted to following the process, don't get addicted to the result; if you get addicted to following the process, the result will end up happening.“Success, in general, is about showing up every day.”- Lewis CromptonIn this episode:Four trader personality typesHow negative association affects efficient tradingLet's talk about self-belief and comfort zonesHow trading is comparable to psychologyResources:CJ Shredding Squad FB Group - https://www.facebook.com/groups/cjoachingFREE Abs Training Course - https://cj8weekshred.com/freeabguideBook Your FREE Six Pack Strategy Call HereDownload your free copy of our Abs Black book here – http://freeabsguide.com/black-book Connect with Lewis Crompton:Facebook Group - https://www.facebook.com/groups/startradingnowInstagram - https://www.instagram.com/lewis_crompton/Ebook: https://www.startradingnow.com/forex-ebook47100869 Connect with Charlie Johnson:Website - https://www.charliejohnsonfitness.com/Facebook - https://www.facebook.com/CharlieJohnsonFitness/Instagram - https://www.instagram.com/charliejohnsonfitnessYouTube - https://www.youtube.com/channel/UCh_TVSETtwjxuAvn-AOqifQ See acast.com/privacy for privacy and opt-out information.

Researcher Anton Kulikov and Liz and Jenny discuss Out of the Money (OTM) outcomes for 2022. 

Researcher Anton Kulikov and Liz and Jenny discuss Out of the Money (OTM) outcomes for 2022. 

Matthew found himself in a moment of consistency, granting him the opportunity to earn 250,000. No set time throughout a trading journey will represent the start of consistency. Some traders find themselves quickly gaining consistency; others find it later on or rediscover it. Matthew has been trading for 10 years part-time and is on a journey to re-establish consistency after a loss. We go through his trading process and approach while addressing many areas of his trade. I provide Matthew with some guidance for moving forward in his journey. Learn from this conversation and move towards consistency.   Low Commissions, Cheap Borrows, Fast Executions -  https://get.cobratrading.com/bthestory/   Book a 1 on 1 Call with me - https://calendly.com/bthetrader/1-on-1-talk   Click here to sign up for our Newsletter   BTheTrader Merch - https://my-store-11542608.creator-spring.com   Catch me trading live on Twitch - https://www.twitch.tv/bthetrader

Trading money comparatively with training in the gym, everything is psychological. Join Charlie as he explores the world of trading with expert trader Lewis Crompton. There is so much value that you can take from the next episode and if you want to learn more, catch Charlie and Lewis on a live stream in January 2022. Details for the said event will be posted soon. See acast.com/privacy for privacy and opt-out information.

Let's kick off the new year with a blast from the past - the world premiere episode of The Futures Options Roundtable from 2013. Enjoy! --------- We've sounded the horn and assembled a team of futures options experts for your listening pleasure. In this premiere episode of the Futures Options Roundtable Options Insider Founder Mark S. Longo is joined by: Jeff Lewandowski - CTA, Protean Trading Dan Collins - Former EIC, Futures Mag, Founder, Dan Collins Report Dan Cook - Director, Business Development, Nadex Dave Rodgers - Instructor and Trader at Markettaker.Com The Guild Hall Segment The roundtable breaks down the benefits and drawbacks of futures options vs. equity options. The panelists discuss the different ways that binary options can be used to speculate on or hedge against commodity price movement.  The panelists also discuss some of the salient aspects of futures options trading that all traders need to watch out for including seasonality.    The Grand Marketplace Segment We break down the big moves and exploding volatility in precious metals and energy.  Realized vol is starting to outpace implied volatility in many commodity products - an ideal time to be a buyer of premium not a seller.  Dan sees aggressive hedging activity in Nadex metals contracts.  A discussion of how to use binary spreads to trade multiple products and expiration dates.  We wrap things up by analyzing the explosion of anticipation in oil options as well as how the Egyptian unrest impacted oil's volatility skew.

In this podcast, we interviewed a trader from our group named Sage. Sage has been a part of our group for a couple of months now and has shown some crazy dedication to the community and is an extremely knowledgable and profitable options trader. We're very excited to add Sage to our group as an official signaler and really help other traders plus take the group to new levels in 2022.

In this episode, Kris and Vanessa speak with Nicolette from Trader Nicks Tea Co.  She has the shop with her husband Nick, that features custom blends made to remind you of specific attractions and locations throughout Walt Disney World.  From World Showcase inspired flavors to character inspired offerings, they have something for every tea lovers' palate. Use the code dislove10 to save 10 percent off your order from Trader Nicks Tea Co.Earlier they discuss the best coffee drinks at the Disney Theme Parks and Disney Springs.Trader Nicks Tea Co Instagram Profile Trader Nicks Tea Co TikTokTrader Nicks Tea Co Facebook PageSave with OrlandoVacation.com Use the promo code "dislove" to save 5% off a room, condo or Mic Mansion at OrlandoVacation.com.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Michael Flender hat an der Börse in drei Monaten 100.000 Euro Gewinn gemacht. Im Interview spricht er über Erfolge und Niederlagen und verrät seine Tricks. Schnell an der Börse reich werden - das soll mit Daytrading funktionieren. Zumindest versprechen das etliche dubiose Finanzgurus im Internet. Wirklich erfolgreich sind die wenigsten mit dem kurzfristigen, aktiven Börsenhandel. Mehr als 90 Prozent der Trader sollen laut verschiedener Studien an dieser Strategie scheitern und auf lange Sicht Verluste machen. Umso wichtiger ist es deshalb, sich des Risikos bewusst zu sein und den Markt mit seinen Mechanismen zu verstehen. So wie Michael Flender. Er ist hauptberuflich seit 14 Jahren Daytrader. Er kauft und verkauft täglich Aktien an der Börse und verdient damit genug Geld, um davon zu leben. In der heutigen Folge gibt er Einblicke in seinen Alltag als Daytrader und spricht über seine Einkünfte, Informationsquellen und Strategie. *** *** Hier geht's zu unserer Umfrage, damit wir unseren Podcast nach Ihren Wünschen und Vorstellungen weiterentwickeln können. Vielen Dank für Ihre Teilnahme. https://www.surveymonkey.de/r/SCLKGYQ *** Wenn Sie Anmerkungen, Fragen, Kritik oder Lob zu dieser Folge haben, schreiben Sie uns gerne per Email an today@handelsblatt.com. *** Das exklusive Abo-Angebot für Sie als Handelsblatt Today-Hörerinnen und Hörer: www.handelsblatt.com/mehrfinanzen

In this episode, Oliver shares a discussion with his traders explaining how the process of journaling allows you to approach each week differently in a way that makes you better as a trader.

This week's Alpha Trader podcast features hosts Aaron Task and Stephen Alpher speaking with Gabriela Santos, global market strategist at JPMorgan Asset Management. Among the topics covered: There are lots of positives going into 2022, says Santos, expecting the pandemic to fade further, inflation to moderate, and growth to remain strong. For now, at least, inflation should prove to be a boon to corporate profits. The only thing holding the JPMorgan Asset Management team from being uber-bullish is the starting point for stocks - it's been a big two years for equities, and valuations are perky as we end 2021. JPMorgan's just-completed Long-Term Capital Market Assumptions report looks out to the next 10-15 years, and Santos notes it's somewhat easier to predict returns over this longer period than over the next 12 months. That report sees U.S. equities returning an average of just over 4%. The better opportunities, says Santos, can be found in more reasonably valued Europe and developing markets. This is Alpha Trader's final podcast. It's been a great run over the past two+ years, and we'd like to thank all of our fantastic guests and our sponsor CME Group. Learn more about your ad choices. Visit megaphone.fm/adchoices

Click here for 22 trader motivation clips for 2022: https://tradingnut.com/22-trader-motivation-clips-2022/?r=pod FREE: Cam's Robot Training & Profitable Algo https://tradingnut.com/trading-robots/?r=pod For more free trader education: https://compiled.social/tradingnut

Sudhu Arumugam is the host of Trader's Edition. We unstack:- Getting started at DRW Trading - Opening up the DRW Singapore office focusing on automated trading- Learning about crypto from Mike Komaransky - Transitioning from DRW Trading to Cumberland- From trader to relationship manager/business development+ more!Follow our GuestCumberland (Website)This episode is presented by CoinFLEX.CoinFLEX is the Home of Crypto Yield and committed to providing institutional and retail investors an easily accessible platform to earn and trade crypto. CoinFLEX creates innovative solutions to bring investors and markets together through simple and intuitive products such as flexUSD, the world's first interest-earning stablecoin, and AMM+, the most-capital efficient automated market maker in the world. Visit www.coinflex.com for more information. DISCLOSUREThe Crypto Unstacked Podcast is meant for informational purposes only and should not be considered as financial or investment advice. Nothing expressed in this podcast should be construed as a solicitation, recommendation, endorsement or offer to buy or sell any financial products. #Cumberland #DRW #CryptoUnstacked

Anton joins Liz and Jenny as they break down the different volatility metrics.

Anton joins Liz and Jenny as they break down the different volatility metrics.

In this episode of the Progressive Property Podcast we revisit episode 134 where Dan gives you the 5 essential things to consider when looking for a JV partner. Choosing your JV partner is NOT a child's game, like pin the tail on the donkey or ring-around-the-rosy. There's too much at stake when you don't think carefully and you don't have your guards up. Discover how you can thoroughly pick the best JV partner in your property business through Dan's simple steps. There will always be one who's very compatible with your knowledge, skills, and vision, so never settle!   KEY TAKEAWAYS  Work out the real reason you need a JV partner. Are you really in dire need? Or are you just lacking of self-belief? What business are you looking to bring your JV partner on? Make sure that your bringing in the right person. If you don't want to do it alone, it's worth considering also to have a mentor who can guide you. Having a JV partner might complicate the situation if you aren't clear yet of your purpose.  What will each person's role be? It's best that you complement each other. Find someone who have the knowledge and skills that you lack. And, who will deal with the day to day issues? If you just want someone who will provide the funds, then being active with the operations is the least to worry about when looking for a JV partner.   Before any agreements, remember to make a list of things you need to agree upfront. A JV Partnership agreement must entail everything each of you must bring to the table. What does your JV partner want? Know what outcome are they looking forward to. Also prepare an exit plan just incase of unforeseen circumstances (e.g. breach of contract, critical illness, etc.)  If you're looking for a joint venture in property, familiarize yourselves first with PS13/3 regulations. There are only a bunch of people you're allowed to joint venture with, and PS13/3 has it detailed.  Don't pick someone just like you. You are not looking for another you, you are looking for someone who can do what you can't do. Consider taking the Wealth Dynamics Test to gauge if your personalities are compatible. You and your partner can be: a Creator, a Star, a Supporter, a Deal Maker, a Trader, an Accumulator, a Lord, or a Mechanic.  Don't rush in to picking a JV partner. If you're picking someone for the long term, test everything out first. It would be a waste of time to know that what you have hope for in the partnership won't be fruitful. Be clear about their values, not just about the money, the skill, and the knowledge they can offer.  BEST MOMENTS  “Sometimes, people think they need a JV partner and they go into business with somebody when in hindsight, all they needed was to build some knowledge and gain some belief for themselves.”  “We have the end in mind before we even started, and that's what's really important.”  “You are not looking for the best mate to go out with, you are looking for a business partner who brings a different dynamic, a different skillset.”  “Pick the right person to grow the business.”  “It's not a race; it's a journey.”  “I made a lot of mistakes in property, but I made them before I got educated.”  VALUABLE RESOURCES  Progressive Property  PS13/3 Restrictions on the retail distribution of unregulated collective investment schemes (PDF)   Wealth Dynamics Test  ABOUT THE HOST  Peter Jones is a Chartered Surveyor, an author and a serial buy-to-let property investor. He has been involved in property for over 35 years and now owns 78 letting units. He is still actively involved in buying and renovating property, and regularly flips properties for profit. Peter has written a number of successful property books. The first, An Insider's Guide to Successful Property Investing, was first published in 2000 and was one, if not the very first, book of its kind which was written for what we'd now call buy-to-let investors.   On the back of its success he was invited to be a guest writer for Property Secrets, and wrote Spanish Property Secrets, French Property Secrets, and Portugal Property Secrets. He has since written a number of other successful titles dealing with UK investing including 63 Common Defects in Investment Property and How to Spot Them, the highly acclaimed The Successful Property Investor's Strategy Workshop and The Property Renovator's Workshop, in which Peter describes step-by-step how he built his own property portfolio, starting with virtually none of his own money.  CONTACT METHOD  The Property Teacher  Progressive Property  See omnystudio.com/listener for privacy information.

Tyson is a long-time close friend and swing trader who has quickly blossomed in the market. His upbringing influenced his decision to join the market of trading. Tyson found himself in a moment of seeking a different career opportunity and an exit from the automotive industry. However, he had established himself in a lifestyle he was accustomed to, making the exit difficult. Swing trading allowed him this change. Paul Scolardi aka Superman was a major influence in Tyson's trading journey. Watch and learn from Tyson and his approach to swing trading!   Low Commissions, Cheap Borrows, Fast Executions -  https://get.cobratrading.com/bthestory/   Book a 1 on 1 Call with me - https://calendly.com/bthetrader/1-on-1-talk   Click here to sign up for our Newsletter   BTheTrader Merch - https://my-store-11542608.creator-spring.com   Catch me trading live on Twitch - https://www.twitch.tv/bthetrader

In this episode, Oliver shares his thoughts on how the process of journaling can lead the developing trader towards true trading mastery.

3 Stock Market Tips To Become A Better Trader || Ape Knowledge RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.

Sudhu Arumugam is the host of Trader's Edition. We unstack:- Becoming the number #1 trader at Google as an intern- Starting his career working in private equity- Finding out about Bitcoin in 2012 - Observations of early Bitcoin trading platforms and OTC markets- The founding story of B2C2- The B2C2 single-dealer platform- Reasons behind selling a part of the business to SBI+ more!Follow our GuestB2C2 (Website)Max Boonen (Twitter)This episode is presented by CoinFLEX.CoinFLEX is the Home of Crypto Yield and committed to providing institutional and retail investors an easily accessible platform to earn and trade crypto. CoinFLEX creates innovative solutions to bring investors and markets together through simple and intuitive products such as flexUSD, the world's first interest-earning stablecoin, and AMM+, the most-capital efficient automated market maker in the world. Visit www.coinflex.com for more information. DISCLOSUREThe Crypto Unstacked Podcast is meant for informational purposes only and should not be considered as financial or investment advice. Nothing expressed in this podcast should be construed as a solicitation, recommendation, endorsement or offer to buy or sell any financial products. #B2C2 #CryptoUnstacked 

Ho Ho Ho and welcome to another Christmas special episode of Drinking Alone, With Friends! This week we explore Christmas cocktails that you can serve at your next holiday party and also figure out what the opposite of coal is.  Cheers and we'll see you all next year! Cocktail Recipes Tea infused Tequila‽ Christmas mocktail Alton Brown Aged Eggnog   Three Handles on Our Frosty Mug of Wisdom Project Hail Mary Witcher Season 2 Streaming Lights Follow us: Instagram YouTube Facebook Discord  - Join to drink beer, spirits or wine with us!  Support our Beer Buying Habits on Patreon (don't forget to subscribe to drink with Chris while he drinks a Bud Light Chelada!) Chris' Twitch Stream! e(nvelope)-mail us! Click here to let Jordan know your breakfast choices Special Thanks to the following for being AWESOME! Jordan of the Wreck My Podcast! crew! Jake for being a great Friend, Twitch Mod and Trader of Beers! Sal for being the best letter writer/Tud challenger/beer sender ever! Larissa for being the ULTIMATE handle giver of the podcast! Shea for becoming a ROCKSTAR patron!

Ex-Financial Planner and 20+Year Trader, Kevin, talks about how to manage your trading and lessons he has learned along the way. Allen:  Today I'm going to be talking with Kevin, who is now a good friend. I've known him for a few months now. And me came into the option genius world a little while back. And he has been a trader for a while. He's done lots of different things worked in the public sector worked in the private sector, very smart man, very intelligent. He keeps me on my toes with the questions that he has. So it's always wonderful. It's always helpful to the, to the other students, because, you know, they get the high level thinking of the questions that he asked, they get the answers to, as well. So thank you for that, Kevin, and welcome to the show. Allen: It's been a pleasure to have you yeah, like I said, you know, you keep me all you kept me on my toes the whole time. So it's like, this is really good, you know, because.. Kevin: You're actually not the first person who has told me that. So that's part of what I do. Allen: Yeah, I think every class needs one person like that. Do you know, and then as a teacher, it kind of, it makes you feel like, hey, you know, somebody is listening. And, you know, you keep pushing the envelope. So it's like, okay, if I don't know something, I gotta go figure it out. Like, yeah, I know, I do that one thing. But why do I do that? I don't know. Let me go and see if you're gonna make it. Because sometimes we've been doing it for so long. It's like, you know, it's just second nature. I just do it and do and do it. And then you're, you know, you and a couple others are like, Hey, Allen go back, "why did you do that?" I'm like, I don't know. I just does the way I've always done it. Let me figure out why we did it that. Kevin: It becomes instinctive and second nature. And sometimes, we forget why we do some of the things that we do. So it's always good to have somebody you know, especially when you're teaching to ask those types of questions, so that you can help other people understand because you've been added, obviously, a very, a lot longer than I have, and other students. Allen: Mm hmm. But you've been trading for a while. So tell me, how did you get started in trading, investing all that stuff? Kevin: Well, I've owned businesses pretty much my whole entire life. And I started, I actually got into investing when I was very, very young. And so it all started with putting out a financial plan that I wanted to be financially independent. And this was right when I got out of college, I want to be financially independent within 20 years. And so I hired a financial advisor to help put together a financial plan and help put together a life plan for me. And so that's really where the journey of investing began. I've always been a saver, so I've always saved money. So that wasn't that difficult for me. And I've always lived within my means and, and so I was able to put away money the old fashioned way, invest it right and had a lot of great people along the way. And, and that's how I kind of got started. And when it came to options, I actually first got exposed through options at a Tony Robbins seminar that I went to event, I'm a big Tony Robbins fan and have gone to nearly all of his seminars and got introduced to options. And so that was back in 1998. And so I was on the buyer side and bought options and had some success. I also, that year lost millions of dollars as well to trading options. It wasn't through anything that I did in the trading process of it is what I, the decision that I made when I held that to call options. So I held 10 contracts for AOL and 10 contracts for Amazon at $15 each. But both were in the money. And both were getting ready to expire. And I wanted to invest in one of them. And I thought AOL had the best opportunity of being in the internet world and creating the internet. And I thought that's the direction we were going and I didn't think that a bookseller, an online bookseller was going to be as successful. Well, not having cashed in and acquired 1000 shares of Amazon, which would have been worth the millions of dollars today, I missed out on that opportunity. And so that was the only the only thing trade that I've ever made that I regret, but I did make some money on it. I think I ended up making like four grand on it. So it was trading near $20. And I had a $15 option, and overall ended up making like 20,000 Plus on AOL. But of course, that pales in comparison when I could have made it Amazon. So anyways, that was my first experience of buying options. So I had some minor success. And when I became a certified financial planner, which I've been for over the last 22 years has been my main business. Then we used options to help hedge my clients' portfolios when they had very large positions. So nearly all my time in the trading business I've always been on the buying side of it and not the selling side. Allen: Interesting, interesting. I have a couple of follow up questions. The first off is most of the financial planners I've talked to, they have no clue about options, they don't want to touch options. They're like, Oh, this is too risky, I don't get paid commissions, you know, for doing options, I don't want to get into it. My, my broker dealer doesn't want us to do it, what makes you get into them? Kevin: Again, when, when I first started, it was the speculation aspect of it. And so I, on a personal side have used it for speculating. And then when I learned and I and I understood options, and who because as you and I both know, options sometimes have a bad connotation, but a lot of people think, Oh, they're too risky. And they're not something that I would necessarily toy with. A lot of times, it's just because you don't understand how options work or their misuse. So options can be used in two ways they can be used as a speculative tool, or they can also be used to hedge a portfolio and use it as insurance. And so I learned both sides of that, and found how important it was, especially as people come out of their careers, and they have very large positions and perhaps, or company stock, maybe they don't want to totally divest of it. But they're concerned that if you know their company, they hold so many shares that if they were to go down in price, they lose a lot of money, and so on in those types of situations, we would buy, or buy puts in the event that the stock were to go down, then we would be able to hedge their portfolio and protect and then they would have protection on the downside. A lot of times I think Allen, people just they're afraid of things that they don't understand. And options- most people are not exposed to unless you really go out on your own. You do a lot of reading and research or get involved in the financial world. Most people don't have that type of exposure to options. Allen: Yep, that's true. That's one of the hurdles that we have to overcome to get people to Hey, can you you know, look up? This is really good. The second question was, so you said when you were younger, out of high school out of college, I don't remember which one, but you said you had somebody help you make a financial plan? And it seems like the plan probably did very well. Would you mind sharing what the plan was or the basics of it? Kevin: Yeah. So putting together a comprehensive plan, as I as a certified financial planner, what I tell people is, it's not just about the money, it's about life. It's about putting together your life dreams and understanding and having a concept of drawing a roadmap where you want to go and make it akin like if you were to take out a boat, a sailboat, and with a sails and with a compass, you can get to your destination and stay on course, understanding that some storms may come along the way. But if you don't have a compass, and if you don't have a sails on your sailboat, you could be drifting out there forever. And so a lot of people really what I found that differentiates people from success or not is, is do they have a plan in place that helps them get to where they want to go. And so as a certified financial planner, that's what I've done most of my career I help people understand and get into in develop and define what their life dreams are, and then put together a comprehensive plan that addresses not only financially what it's going to take to get there, but also how do you address the risks that are involved? For instance, if you were to lose your job, if you were to become disabled, and you couldn't work if you required some type of long term care if if you are the breadwinner, and all of a sudden, you die, Allen, how is it that your family is going to continue to carry on? How are you how will you fund those financial goals? send your kids to college that put bread and butter on the table for your family? So we help address comprehensively all those issues. And also as well as to make sure that we minimize the amount that Uncle Sam puts in his pocket. So we address taxes, how do you invest smartly, so that you don't, you're not overpaying taxes at a later stage in life. So we put all those things together, and then make sure that you have the paperwork and the different things that are in place where for instance, you were to suddenly pass away, what are the directives that you need to have in place? What do you want to have happen? If you lose your you become health challenged? What do you do? Who's going to make health care decisions and other financial decisions on your behalf? So it's taking six areas of life planning put it all together in one comprehensive plan? And, and that's what I've done in my life and that's what I've helped people to do over my career. Allen: Interesting. Okay. Yeah, there's a lot of good stuff. You just mentioned that people need to think about some of the stuff that we don't want to think about, you know, I mean, who wants to think about dying and, you know, getting life insurance to take care of college when I'm not there and all that stuff, but it's all part and parcel of life. So you have to you have to come to terms with it. Kevin: Well then one of the larger risk, especially with younger people, and they don't always think about because younger people think that they're Superman and Superwoman. And if you are all of a sudden get into an accident all of a sudden you had a medical issue that caused you where you couldn't you could no longer work well how are you again going to continue to supply for your family how will you reach your life dreams, and so, a lot of times people don't think about those different pitfalls that can happen in life. And, and so those are the things that you need to plan for. It's not just about making money, it's about also protecting you and your family. And you know, because we can't control always what happens in life, but we can control how we're going to respond. And we can plan for many of those pitfalls. Allen: Exactly. I mean, I remember, years ago, before I got into trading, I started I tried my hand at being a real estate investor. So you know, in those "We Buy Houses" type guys, so I'd run ads and, you know, try to go see people at their homes that were in trying to sell their homes. And most of the time, I realized that people who are in a in a mess, you know, where they're, they haven't made their house payments in a while. It's not something that people want to do, you know, they're not a lot of deadbeats are like, Yeah, I'm gonna try to stiff the insurance cover the mortgage company. No, they, they literally want to stay in their house, they literally can't not pay the mortgage. And I'd go to these people's houses and you know, they wouldn't have electricity, the bills would be piled up. And they're like, you know, I don't know what to do. And I'm like, How'd you get in this situation? It's like, well, everything was fine until I got hurt. And that was the same story I heard over and over and over again, it's like, yeah, everything was great. You know, we are we were living paycheck to paycheck or whatever. We had some everything was good until we got hurt. And then all of our savings were all depleted, because I couldn't work and we had all these medical bills and all this stuff. And now, now I can't go back to work. My family's trying to make ends meet. But the bills are just too much. And so they ended up in foreclosure. And I found that was the number one reason all foreclosures in this country is just, you know, people getting hurt and medical bills and all that it's not because they don't want to pay it again. Kevin: It's the the unexpected, and I think many people that have experienced the Coronavirus. This is a perfect real life time that we're that we've been going through where all of a sudden this pandemic strikes and businesses shut down. People can't go to work. So the question is, hey, you know, aside from getting some assistance from the federal government, which has been helpful, the people that have really been able to make it, they have cash on the side. And that's another thing as a certified financial planner, we talk about, we don't know, and we cannot predict everything that is going to happen in life. And we wouldn't be having this conversation two years ago, how I mean, what would be the probability that we would be able to predict that in a few months, we're going to be going through a pandemic, that's going to shut down nearly our whole entire economy, and where people are going to get sick, over 725,000 people are dying. I mean, you would think that we were writing, we would be writing a script for a Hollywood movie, but we've all lived through it now. So it's important, so much important, even before you start putting money in the types of things that we're going to be talking about in investing that you have an adequate cash reserve of six, I recommend six months to a year of your fixed income. But to aside for the events of an emergency, or maybe it's just for an opportunity that comes along, maybe maybe it's an investment in a property that you want to make or car or something else that comes along or a great trip, you want to take your your family on, you need to make sure that you have money in the bank that's liquid, that's not subject to market volatility that you can tap into, to help you get through those difficult times. And sometimes I think some of the people in I distinctly remember, especially back going into 2007 and 2008. Before though, you know, we have the housing bubble and everything that blew up financially, everybody, you know, real estate was so hot. And so everybody wanted to put a larger portion of their money in investments in real estate. And as I tell people, if something happens, you have an emergency or something, or you need money, so you are not going to be able to chisel out a brick from your house or your investment property, take it to the bank and pay the bills or pay whatever, you know, you need to have liquidity in your portfolio. And that's the first thing that people should start saving for is to make sure that they have adequate cash for, for again, for emergencies or opportunities. Allen: I agree with you. I agree with you. I mean, it's hard for some people to get six months to a year. But eventually I think you definitely have to get there. Now you mentioned the pandemic. And I don't know if it was because we were lucky or what it was. But as a options trader, the way we trade I mean, I've had amazing in the pandemic, it's like it was the most amazing time, because made so much easy money. I mean, it was like I couldn't I, if I wanted to draw it up, you know, like, how could I make it any better? I really couldn't. It was just for people who were already trading and who already knew what to do. It was the most perfect setup. And then there were other people that got involved a little bit later that really understood learned it and they were able to, you know, they'd have to be there from the beginning. They were able to to write it up as well. And so it was I've seen that I've seen people that have been devastated by the pandemic because of different reasons. They weren't ready. They weren't stable. And then there are other issues as well. But for the people that were able to take advantage of it. I mean, this was this was amazing opportunity. And who knows, if we're ever going to get another one like that, again, maybe we will. I mean, you know, eventually markets will come down, they'll crash. And then there's another opportunity and you get back up. But I do remember, there was one guy that I don't know, forgot who he was some billionaire on the TV, and he was like, This is the greatest buying opportunity of your lifetime. And I was like, really? I mean, you know, I lived through that financial crisis, that was a pretty good opportunity to I don't know, this one's gonna be better. It might be I haven't looked at the numbers. But yeah, it's been, it's been an incredibly amazing opportunity for us. So.. Kevin: Well you with your knowledge and other people that have a lot more experience, if you've dealt you, you've gone through the different cycles in this type of a trading market. So you have a greater for you even ever, I mean, I've been through different trading cycles, but not through the through options trading. So in the in the spreads, and how markets treat those and where your successes are. So that's the one thing that as we get into this is part of the learning process and experiencing is adapting to different to different markets that you that you get into. I mean, it was a perfect time for me when I started doing this. I mean, I got into this because I was in the middle of a career transition. I had, like I mentioned, I own businesses my whole entire life, and just got finished with a 10 years of doing the public service with inside my local government for our community. And, and that was an awesome experience. So the question was, what do I do now? Do I go back and open up another business? Or do I go back and perhaps get a job in the public or private sector, I really had an interest in getting a leadership role, and a nonprofit organization, because that's one realm that I hadn't worked in yet. So I was looking for a full time job and in fact, actually up until just about a month and a half ago. But then when I started looking at and discovering the potential as going back and utilizing some of my experience in the investment world, as well, as, you know, my prior option experience, this was a great timing for me to to enter into this type of field that gives you incredible flexibility and unbelievable earning potential. Allen: Mm hmm. Yep. So you've been in finance for 20-30 years? What got you started selling options, because you were buying options earlier? What happened to make you switch? Kevin: Well, I was going back to what I had known. And so this was in January, when I was deciding. So as I mentioned, as looking for a full time job, and then at the same point in time, was doing a lot of reading research on what type of business I could potentially do. And just started seeing a lot of ads about options. And I said, "Oh Yeah, I remember I used to trade those". And I did okay you know, had good times and things. So I started actually I said, I'm going to get a look and see if I can find the best Options Trading coach that I can find and get the best service potential so that I can get back into this. And I figured if I had a pro that I could trade with, or they could show me a system that could produce potential consistent income. And I said that that might be something to consider. So I found one and he had worked for out over 25 years in the CBOE and was really energetic. I read that a lot of research about him look like he was very successful. So I signed up for the service. And you know, he touted that they had over 74% success rate ratio, which I said, that's not too bad. And so he started getting back in where we would have every single day we would meet online, and he had scanners and things that were set up. And then he would call out which when a certain thing hit the scanner, he would call out what to go, who to invest on. So you're online, and you're investing with him. And I did that and for a little while you're having success, but then also, you were having one's trades it didn't work out. And so by the the bottom line is, is to make a long story short, within a couple of months, I started looking, I said, you know, I'm having some success, but it's not really enough success. By the time you look at the trades that were winners in the trades that were losers, you weren't cutting coming out that far ahead where you feel like you could make a really decent income doing this. Kevin: And so then I started researching more. And I started, I came across the concept of selling options and your service was one of the first things in Option Genius that I started reading about. I said, Well, this is interesting, because you're touting over 80% of the options, which is you know, what should I found to be true expire worthless. So I said perhaps I'm just on the wrong side of the equation. And so I subscribed to your service and there's a couple other services that I found that sent credit spread recommendations and started doing more research around this and I said this is really really interesting. So I did not start off with your service right away. I started getting your emails continue to read I got your books and and read what you had written. And I started entering the trades that have been recommendations I was getting from other services and again, you know, in the beginning, you obviously all you're seeing is the premium coming into your account. And so when you're looking at, hey, you know, instead of paying for stuff, I'm getting money inside my account. I said this is a pretty good deal. But that was true until you got into the expiration time frame, when some of the contracts that you were in, weren't going so well. And so those particular services while they told you what, when to enter, they didn't tell you when to exit. And so I'm thinking I said, you know, some of these positions aren't doing so well. And and so again, I did that for a couple of months. And I said, Well, you know, this is again, another mixed bag. And I said, let me try to before I give up on this, let me try one more time, let me reach out and let me get engaged with Option Genius and see what they can do. Because I wanted a way that I liked what this potential what the selling options could do. But I wanted to see if I could increase my probabilities of success, which you touted through your service. And so that's when I signed up for option genius and your services, and then eventually rolled into the Credit Mastery program, which I just, it's just been absolutely amazing the amount of difference that has made and the success of my trading. Allen: Awesome. Yeah, because I remember, when you joined, you had told me that, hey, you know, I'm part of this service and this service, and I'm getting this trade and that trade, what do you think about this trade? And I'm like, Man, I don't know if they're, if they're giving you a trade, I don't know what I don't know what they're thinking, I don't know what their plan is, or anything, I can't give you any advice on that. I can show you what I'm doing. And then if it works great. So I remember that I had to kind of, you know, like you were heading in different directions and had to kind of like grab, you kind of like by the shoulders and kind of pull you over and be like, can we focus please over here? It was very interesting. It was fun. Kevin: I would have services that you would get three to four trade recommendations a day. And I guess maybe where I got confused, where recommendations, the ideas and I say, Well, this is pretty awesome. I said they're given and I'm, I guess I had the expectation that these were actual recommendations that they're saying that you should do. And so I always did a little bit of homework around that. And I would look at the charts. And a lot of these were smaller companies. And I guess, really, I wasn't really looking at the technical aspects and the things that you teach in your course, I was looking at number one, that the amount of premium that I was generating that was going into my account, I'm just like, wow, I can make, you know, 16%, 17%, 20% on this deal, and there's been some will come across like 25%, I didn't think about the risk aspect of it. And so then I would pull it the company do a little bit of research and said, Oh, man, that stock has been hammered that, you know, that's really it's been trading down. I said, it's got to go back up. Well, some of these trades, you'll get into, they didn't go back up. In fact, they continued to go down, trades would get in trouble. And I'm thinking maybe this thing will just continue to go back up. And so I started living on hoping some of these trades, I said, this thing has to go up at some point in time. Well, some of these trades didn't. And so I lost, I max loss on some of these trades. Some of these other ones, I lost 50 and 60%. And that's when I started think I said, Man, either one, I'm doing really something wrong or two, I said, What I'm entering the trades I'm entering, then perhaps maybe I shouldn't be in. And now those are the types of things that I learned when I started going through your program. The other service, I had no rules, there were no rules, there's nothing that really taught you the art and what you should be doing when you're trading spreads, you're just giving you what those recommendations are, or ideas as I've learned to call them before. And now and and we didn't have the rule set up. So now with through your program, there are definitive rules. I know now when I can look at a chart if whether something is a good idea or not, if I wanted to sell puts on something, and they're not trading, above all the three moving averages that you talked about, I immediately discard it. So I'm able to really now take ideas, even where they're from other services, your services or my own research, and immediately at least be able to spot things that I need to look at further. And so your service has really provided an amazing education to me and again, is is really increased the probability of having a successful trade. Allen: That's awesome. That's great to hear. Because you also have to look at it from the business point of it of, you know, when you're running a service, you're just giving trades and you're trying to collect that monthly, you know, the monthly subscription fee, you know, or maybe yearly or whatever it is, but you have to keep people engaged enough to be able to keep getting them to pay you over and over again. It's a tough business and you're not going to share all the secrets and all the things if they even know any secrets, because a lot of these guys I know them, they run the you know, they're marketers and we run into each other we met you know, we talk at different marketing conventions, and they're more interested in you know, how can I get more subscribers or how can I make more money per subscriber, then how can I do better trades because they know that You know, they can use probabilities and they can talk a good game. And so for a while the trades will do good. But eventually they're gonna blow up, eventually, it's gonna go down. And so the only thing they have to do is shut down the service. And then a few months later, they come in, open up another one in a different name, different website, and they start all over again. So it's you know, they just go from one to another, like when we started years ago, I can probably I remember at that time, I made a list of all the other competitors, you know, everybody who had a service who was given trades, and out of like the 50 of them that were at there at that time, there's probably two of them left, you know, and now there's like, hundreds of them, because everybody figured out "Oh, yeah, if you just say, high probability people jump in, and all you have to do is sell a high a low delta option". And it might work out most of the time. It's like, yeah, it's a little bit more to it than that. And that's why I wanted to get into it, where if you're a person who wants a membership, and subscriber and trades, you know, that's one type of person. But if you want to go further and be like, Okay, I want to actually do this for myself, I want to be in control, then you need more of a coaching, you need more of like, these are the rules, this is how we follow it and step by step by step. So that's why that's the program that you are in, I'm glad that you were in, and I'm glad that you've, you know, it worked for you. Kevin: Well, and again, it's not even being able to recognize good trades, or one, it's one part of the advantage of the program. But equally important is the risk management aspect of it. And also knowing when you need to exit a trade. And that's what I also had found and had been frustrating before, some of the positions that I had, I thought, once you got into the credit spread, you know, you ran into the end of expiration. And so some of these positions in the beginning would go in, they would do extraordinarily well. And they would, the price would continue to go up in the stock, and then all of a sudden, something would happen. And I would lose, you know, the stock would come tumbling down, and then my game would end up turning into a loss. And so being able to manage the risk and knowing when to get in and when to get out is equally important. And I also was- the mindset when I started, I said why would I ever want to exit a position when I would have two or three weeks left? And the option is so far out of the money that you know, the probability it's going to fall is very minimum. And why would I want to spend extra money on commissions and give up a couple $100 When I could just stay in it and it would expire worthless, and I would collect the whole premium? Well, again, you'll learn from experience that markets can really whack you and your positions can go down. And it is a real gut punch that you talk about. When you are on a when you're in a winning trade. And you have made your 10% Target to all of a sudden have that reverse and have actually that winning trade turn into a losing trade. And so being able to get out when you make your 10% as you prescribe. And then also making sure that you are exiting in a position that's not working when you're hitting the 25 to 30% that is really what's made the larger difference, where I've been able to increase my success ratio when I started with you, which was roughly about 82%, I was now up over now with your service about 88%. But the larger differences is that my losing trades, the amount that I'm losing is much smaller than when I was trading before. So therefore my profits have increased, because I'm getting rid of the bad trades and securing my profit and the trades that are doing well. Allen: Yeah, I mean, it does take time to learn those and you know, it's great if we give give it to you and be here this and this but it's easier said and listened to then actually done. So you know, the the fact that we have to we have to drill it in over and over and over again. It takes time and like you said sometimes you're gonna it's gonna reverse on you and you're gonna feel it. And that will be a big lesson in itself. So now, okay, so when did you get started with I think it was March, April. I think you guys started with us? Kevin: I signed up in April, your class started mid, mid May. Allen: May. Okay. All right. So how have you been doing in terms of returns? Kevin: I'm averaging about last month was a really tough month. But on average, it's been about 7 to 8% with all my costs and my losses considered together. Allen: So that's really good seven - eight months consistently and about how much time do you spend on it? Kevin: I am actually doing this full time. So up to last month of about a month and a half or so ago. Like I said, I was part of my time was also looking forward, you know, still looking for work. And then I, at the end of your program, I concluded that I believe that I could do this full time. And so full time for me now is I'm a four to six hours a day. And part of it is because I'm just I really love doing this. And so I'm always looking for for different types of investment opportunities, and so I'm always reading and researching on the positions that I'm that I'm holding, my computer stays up throughout the day. So I'm always looking for that time frame of where I might be able to, to get into another position, or to do research and things that I need to know about market conditions. So it's become a love and passion for me. Allen: And you've also told me that you also have a lot of positions on at one time, right? Kevin: I do. And so my average amount positions that I'll have, I mean, the most I've ever had on one time are 40 positions. And that's actually before I came here, as well, that's because I was taking all of the ideas and implementing. And so now, now anywhere between 20 to 30 positions I might have on but one of the things that I found and that you had taught, and when I learned about the importance of of cashing out your winning positions, when you hit your 10% profit, is that that frees up your capital to be able to invest in another opportunity. And so that's sometimes I'm able to put on even additional positions, because I have more freed up capital, because I've taken money I've cashed in and taking money off the table. And so yeah, anywhere 20 to 30 positions a month, but I've never I've never maxed out as far as the amount of margin and, and the cash that I have on my account. I'm always very mindful that I because I don't know what's going to happen, especially with these with the way the markets are trading today. I don't know what's going to happen when all of a sudden we have a larger downturn. And so I'm very mindful about the amount of margin and positions that I hold considering the current market conditions. Allen: And how much are you trading this - in terms of.. Kevin: At first it started, it was 2500. And then I moved up with to 5000, and then at 10,000. And now this is one of the things that I'm really starting to evaluate where I wanted to be position-wise, my goal is monthly income of about $10,000 a month. So I have roughly about $425,000, of what we call buying power. And that includes cash and stock positions that total of about $650,000. So I'm conservatively and I feel like I am on the track. And I'm able to conservatively generate from that about $10,000 per month and what I found and if people are wondering, well, how much do I need to start with? What I have found by the time you include your your expenses, and by the time you include your your losing positions, you have to start out with a number that you want to generate per month. So if you were to take that number and divide that by 0.5, that's where I think, the amount of money you should have in capital to start. So say for instance, you want it to generate $1,000 per month, depending upon if you're talking about cash and stocks, or just cash only if it's cash only, divide the $1,000 by 0.5, and that'll give you where you need to start. Allen: So that's 20. Kevin: Yeah, that's about 20,000. If it's if you have a mixture of stock and cash divided by a 0.25 so somewhere between 20 to $40,000. And people ask, what's the difference? Well, if part of what you're trading on are securities, that's only in their marginable securities, that's you're only going to get 50% trading power and most of those positions, it does vary. So and that's another thing that you need to if you're going to be, if you don't have all cash to trade with and I'm using TD Ameritrade Thinkorswim and you're using securities and I transfer it in security. So my account, I started out of 50,000 and then ended up bringing in some of my other securities. So I could use that as leverage. Well, some of the securities I brought over, were not marginable in that account. And so it didn't give me any buying power. So one of the things you need to talk with with your broker is how the securities you're bringing over if you're going to be using stocks to to make sure that they're marginable. And so that's what I have found so far has been a pretty good conservative range as far as what to start with. I need to first start with you have to know what you want to generate income per month. Allen: Right I mean, that could be your end goal. It doesn't I don't know if you have to start off with that much because I you told me okay, you're trying to make 10 Gray a month. That means that you need 400 on your, you know, at 0.25, right? So, for somebody who was just getting started today, and they're like, Yeah, you know, eventually I want to get there. You know, they don't need to they don't need the whole amount right now. And then that's including so you're saying 0.25 because.. Kevin: 0.025 Allen: 0.025 because the return on the stocks is going to be a little bit lower than the return on the options, right? Kevin: You're well, if you put security stocks in your account, you don't get the full buying power. Okay, as I mentioned, my buying power is roughly about 425,000 and that's with a total combined mixture of cash in securities at about 650,000 into an account. So some of them are cash secured, and some of them are against marginable securities in your account. So that's why I say if you for instance, one of the generate that income, you don't have any cash, and it's all stocks and all securities that you're writing off of, you need to lose the 0.025, because by the time you look at your expensive your expenses and your reduced buying power, that's probably about where you're going to be at as far as the ability, the amount of money you're able to conservatively generate on a monthly basis. Allen: Okay, so how does the return calculate into that? Kevin: I look at, if we look at that, that you start with 10%, that that's the goal that you're making on each investment. But I have found by the time you end up calculating expenses for trading, and also countering your losses, conservatively, it's roughly about 0.5 so you cut.. Allen: So 5%? Okay. Kevin: 5%. That's again, being conservative. And so again, you reduce that further, if you don't have cash. Allen: Oh, because you're using margin so you have to, okay.. Kevin: Pay 50. So to look at margin is 50%. So cut that five and half and point point oh, two, five as a ballpark. Allen: Okay, so are you only doing spreads with that 400? Or are you doing other strategies as well? Kevin: I'm primarily 98% are credit spreads that I'm doing, and I still am with my other service, I still daily I am on those calls. And I will, I will look at some of them, I look at it. And yeah, you know, this is a good opportunity. And that provides a little bit more of excitement into the day to because you're you're dealing in markets that are very, very fast moving, and that you have to be able to get the recommended trades in immediately. Because when you're buying the call you what we're doing is we're following institutional money. So these are people that you know, huge institutions that are making big bets, and mostly on the call side on certain stocks. So we use the concept of follow the money. So if there's a lot of big money that's going into particular, they're buying calls on something, we are making a larger assumption that they know something that perhaps we don't, and you and I both know that there's insider information that's exchanged, and that there are institutional and very large investors that may hold information that you and I may not have access to. So when we see those types of trades come across the scanners, that's when we decide to take a position the same exact position that they're taking. So we have, we have an entry amount, and we have an amount to exit on. And if you don't get in that that entry amount, then you don't take the trade. Allen: Okay so that's what takes most of the time during the day? Kevin: No that's usually done for about an hour and a half Allen: hour and a half. Okay.. Kevin: Then I go back into my personal research in the longer term for the credit spreads. And so and then, so I'm doing that, and I have lists, I mean, the I mean, one of the great advantages of your program is that you gave us a list of about 180 stocks. So I have that list I built upon that list from my own research. And I keep a running list of stocks that I am watching, primarily, because one of the rules that we that you discuss, and that I subscribe to that you don't enter in a position where there are earnings coming. So I if there's a chart that I like, and a stock that I like, and there's earnings coming up, and I can't get something before that, that goes on the list. And then at that the the day after they report their earnings, and I'm looking at and see what's happening in the stock and starting to make a decision if I want to get into something now, or if I want to watch and monitor it a little bit further. So by the time if you do this for a while, if you're doing that, your list get can get quite extensive. So I have different dates when I'm visiting different parts of my lists. Allen: Interesting. So now Okay, so you. So you're okay, so I thought that your trading journey was gonna be a little bit longer. But you started really, in January of 2021. And in about four months time, you became consistently profitable four or five months? Kevin: Yeah, I think it was helpful that I obviously understood options coming into this. So I have that part of the learning curve. When I got into this, I gave myself six months up to a year to decide how things were going to go. And like I said, at the same point in time, I was still actively seeking employment, as you know.. Allen: But now you've given up on that? Kevin: Oh, well. I really have because I this is, you know, of all the years that I've owned businesses this you have provided probably the simplest and turnkey business that anybody could ever have. This business, all I need -- I have no employees to deal with. I have all the flexibility in the world. When I want to go on vacation, we schedule more vacations. I take my laptop computer with me spend maybe a couple hours in the morning, less than when I usually have just the monitor the things that I've got and look and see if there's anything that I need to, to get into or out of, and that's it. You take this business wherever you go, I can't think of anywhere else where you have control over your income, what you make the hours that you work, I'm not worried about the Coronavirus, I'm not worried about anything other than communicating with, you know, doing my research and then having fun communicating with the market makers and, and we give a little fun because I'm not like you I can be patient. And so I'll put in bids for things and see and see what happens. And we've had fun that way as well. So and I really love it. I mean, it really has created a world of freedom, both financially and also with my family. And so I just haven't found another business, if I can do it continue to maintain that and not having to worry about all the other employment hassles. And worry about a boss having to worry about employees having to worry about meeting payroll, all I'm worried about is is my trading and and making sure that my family is financially secure. That's a lot less stress that's on me. Kevin: And that's one of the things that that I've done. And then I'm developing now is the success for my trading that I'm doing. I'm creating my paycheck for next year. And so I'm not, I'm at a point now where I am not going into my trading account, to put bread and butter in a table to pay the bills, I am exceeding what I needed. And I'm creating my paycheck for next year. So at the end of this year, I will look at all the profits that I have. And that I've made and then create my paycheck for next year, I'll put that money and a an a very ultra short bond fund or a secured fund where I'm earning a a three to 5% in interest, and then pay myself into my checking account and my paycheck every single month. So then going into next year, I'm prepared. And I'm not worried I'm not making a trade because I have to make a living. And that's what I think the one of the important messages are is that if you're going to do this full time, it's helpful if you are already financially secured or you have a spouse, or you have savings that can help you transition into becoming a full time trader. If you are at the point where you feel like you need to make a trade to pay the bills, then that's when I think you could make trades that might not be so suitable, or that might go bad because you're entering into to a trade just to generate a premium. And just to generate generate that income. But if you're in a position where you know, every single month that the bills are going to be paid because that paychecks coming into your account, you're not as concerned about putting on the volume of trades, you're concerned about putting on the right trades, and then you're working towards building the paycheck for next year. Allen: Yeah, this was something this was like really big that you you share with me. And I was like, oh my god, yeah, you gotta you gotta share this, what do you call it, sorry? Kevin: I call it the pay forward plan. And that's what we need because you're you're setting yourself up and you're getting a paycheck every single month, and you just have that and at the same point in time, that money is also earning interest. And so you're getting dividend income off of that, but you don't have that pressure that how am I going to pay my bills that you have to do at the end of the year? Look at the profits, make sure that you but you've accounted for the taxes that have to be paid on on those profits, assuming that this is coming from a taxable account, and then take out those taxes and then that's paid on your upcoming tax bill. And then you're getting a paycheck every single month. Allen: Yep so I want to I want to recap this for people just to because one of the things one of the hardest things is when you go from you know, just regular trading and having another income to going okay, I want to do this full time. One of the biggest problems and the biggest mental headaches and and hurdles people have is, hey, you know, my expenses for the month are like, you know, six, seven grand, I need my trading this month to make six, seven grand so I can pay my bills, and like you said, it's the wrong way to think about it. So what you said was, you know, you have an income another source, but you take whatever your profits you're making now and then you put it into a interest bearing account for next year. So you know, how much money is in the account so you know that okay, all my bills are gonna be paid for so that you don't have that stress of having to perform and having your trades to have to work out next year going through it month by month by month, right? Kevin: Yeah, and what I'm doing right now is I'm keeping all and this was at first I was going to take in monthly the monthly profits and take put that in my checking account and as I went along, and knowing and looking at the uncertainty the markets, I decided to keep everything into in my trading account that I was making until the end end of the year. So that way, you know, when you're at the end of the year, you know, everything has been settled, your contracts are settled, you know how much money you have made, and what you can then allocate. That is also an advantage to keep it in your trading account for the year, because as you're building up money, that's obviously giving you more purchasing power as well, too. And so, as you have successful trades and losing trades, then they'll go ahead and wash out each other. But what you do is your record, I'm doing the reconciliation at the end of the year. And so at the end of this year, at the end of December, December 31st, I will look at what I have made, and then make a determination of how much I'm going to take out of my trading account, and put into this other investment and do create my monthly income for next year. Allen: That's awesome. Yeah, it just takes once you have once you know your bills are covered, or at least part of they're covered, you know, because I know a lot of people a lot of traders are like, you know, I have to make this trade work. And that's when you have to do something, that's when you lose control, you're not in control anymore, the market is gonna dominate and emotionally you're out of it, and you're gonna lose, it's just, it just, it could happen. Kevin: Not only that, you end up taking substantial risks. And, you know, if you feel like you have to make six or 7000. That's why it's important that you have a realistic understanding going into this, of what you can generate off of your account. Because if you're expecting to generate six or 7000, and you might have 50,000 in your account, well, I'm thinking that that you might be very disappointed, or you could take risks that you should not be taking risks as you're trying to generate premium to create that six or 7000. So that's what I said, the first thing you come into this with is having an idea of what you want to make. Now again, as you mentioned, it could not this, maybe it's not the amount that you're going to make today, you can build up to it, that's fine. But first, make sure that you have the amount that you need coming in in a month that can generate the bread and butter that you put on the table to support yourself and your family and so then you can build up from that. And that's why if you use that formula, that you know, $1,000 You know, if you want 1000 A month, divide that by 0.05 or 0.25, and that'll give you the amount that you can realistically, you realistically should have in your account to generate that type of income. Because realistic expectations, I think are important cuz I think people could look at this. And many times, I've received solicitations that look like you can bet the sky's the limit on what you can make selling options. Well, maybe that might be the case, but the risk that you're taking, could easily wipe you out. And if you don't follow the rules, and if you aren't conservative, and you don't do the things to make sure that you are having a highly probable success on your trade and you're breaking all the rules just to try to generate premium, you could end up broke really quick. Allen: Right. So you're saying basically another way to say it is that two and a half to 5% returns per month is a good target to aim for in a conservative manner doing options trading? Kevin: It should be used to determine about how much you need to have in your account and generate a certain amount of monthly income. Right. As people always I hear that question I know in the class, you know, people just start and say, well, Allen, how much do I need to get started? Well, again, it really has to start with us have some type of income goal to begin with. And so I have found it to be a pretty realistic tool as far as what you should have in your account to generate a certain amount of monthly income. Allen: Yeah, that's another way to look at it. You know, to me, if somebody asked me that question, I don't look at it in the fact that, okay, you need an income goal right away. I would say that, okay, so this is like a skill, like bike riding, where I want you just to get on the bike and be able to pedal and we can take off the training wheels. So I don't care if you're going 100 miles an hour or whatever. That's the goal, eventually you'll get there. But right now I just want you to be able to pedal. Kevin: I would agree with that. I just think some people think, Oh, if I've got 10 grand in my account, can I go ahead and make three to $4,000 a month? And I'm saying no. You know, you might be taking that 10 grand may disappear really quickly. And the type of risk you're gonna be taken if you want to generate that type of thing. Allen: Yeah, exactly. Exactly. Yeah, we've had people email me like, well, you know, you say you can make 10% But that's too little. I want to make more I wanna make 20%. Can you help me? I'm like, nope. Maybe I can help you do it once. Maybe. Kevin: That's what I think the answer is yes, you can help them generate 30 to 40%. But the question is, is will they be able to keep that in their bank account or their bank account quickly evaporate? Allen: Exactly. Yeah Kevin: I think the the question is, is can you help them make 30 or 40%? Yes. Can you help them keep 30 or 40% in your bank account? Probably not. Allen: No, no. Doing it over and over again, consistency is the thing right? You got to be consistent. So okay, so when you started with us with the Credit Spread Mastery program, what were some of the or what was the one major thing that was your biggest challenge in implementing, and actually getting it done? Kevin: I think implementing and pushing the button. And that continues to be the challenge, as I say, as I look at the scaling, getting comfortable making that first investment, because when you haven't done it, and, and I had a little bit of comfort, because I had successes with some of the other services that we talked about earlier. But again, having the comfort level of being in the confidence to be able to say, to enter into a trade. And that's what I tell people I said, I said, I think that the hardest thing to overcome is that confidence level and that's where you just have that's why it's important that either you start out paper trading so you can start seeing some of the success and then starting small to build up that into that. That was the hardest thing for me. And then also is is changing my philosophy. You know when you when you talk about the rules when we're selling puts it has to be above the all three moving averages I'm looking at I shouldn't be entering something when a stock is at its lowest price, not its highest price. So it took me a little bit of time to wrap my thinking around that. And to understand that we're looking at the momentum because I'm a bargains are when I'm when I have my long positions of stock, I'm looking for stocks to hit bottom, I'm looking for good stocks to greatly reduced in price not to invest in something that's at the top of the game, I call it I call it the American way of investing. Americans seem to like to invest at the top and then sell at the bottom. So I always tease clients that that was the American way of investing, we want to do the opposite, we want to get in at the lowest point and then sell at the highest point. Well, that's it's kind of like a contrarian theory here for me, but.. Allen: Yeah that works. But for different strategy. You know, if I were if I was like, Okay, I want to do naked put, then I do exactly what you said, you know, it's like, hey, when it's going down, it's a good strong company. And that's what we advise in our, in our other program, the passive trading formula, it's like, what we want to do is we want to find good, strong companies that we don't mind owning for, like 100 years. And when we sell puts, that means that you know, the stock has come down a little bit, we can get them cheap, we can get a discount on it, and we get paid for waiting. So for that strategy, yeah, it works great. Credit spreads? I want to know what the stock is going to do. Right? I want it to tell me very clearly that, hey, I'm going up going down going sideways, and then based on that news, then I will go ahead and play with it. If I don't know what it's gonna do, I don't want to take the risk. And sometimes, you know, people, you can get as complicated as you want with it with the technical analysis, Support-Resistance. And if you can add that stuff to it, then that's great. If it helps, but it doesn't always help. So take it for what you know, it's like it's like a grain of sand. Like, sometimes it works. Sometimes it doesn't. And then we add all the other elements to increase the probabilities. And like you said, you know, if it's working out for you. I think you said you're doing 7% a month, which is, which is phenomenal. You know, if you can keep doing that you keep compounding it. Like you said, the count is just growing and growing, you're gonna be at in so you're not but you said you wanted your goal was 10,000 a month? You're not there yet? Kevin: I'm actually, I'm averaging more. So my best month so far. was just a couple months ago, I did 14 on that month, and I don't know how November's I mean, November has been really awesome so far. But I'm not making any predictions, I might be able to top 20 maybe this month, possibly. But the last time I thought I was going to do that for October, I just like in the middle of the month, I was invested so heavily on the and that was another thing that I point to bring up later on, as you get into this is is trying really trying to diversify. And that's not always easy, because you're looking at trading opportunities. And sometimes at different points in the market. Like for instance, a lot of the when I experienced the downturn for for my October contracts is because I had about 60 65% of my positions were in technology companies that all of a sudden, they decided that they were concerned about the 10 year yield on the treasury bonds, and everybody wanted to start exiting tech companies, well, all my positions really started getting into trouble, because there's a mass exodus. So that diversification, I think is also important and to try to get to that, and that's what I'm still trying to also work on is having, like, I've always preached about not having all your eggs in one basket. And so my, my long stock portfolios are pretty well balanced and diversified. I'm trying to get that way. And it's not always easy to do that. Because you come across an opportunity to say, well, this is really good, you know, the charts looking good. You like the the the prospects for the company. It's a good company that you're trading with. And so you go in and before you know it, you're overloaded on one sector. Allen: Yeah. Remember, this is one of the things that we had, we talked about a few times, you know, when I was going through your spreadsheet, looking at your trades, I'm like, Oh, they're these overloaded, he's overloaded. There's too many of them. And then like, you know, you got the lesson. So hopefully it sticks. Kevin: Like I said, and it's just it's really sometimes it's very difficult to tell And that's why I again, I tried to look for different segments that I can go into. And it's not always easy. But part of the thing I was going to share is that the importance that if your goal is 1000, once you start, you get yourself going, the you shouldn't just stop at trying to get 1000, you should try to get, if you can get into decent trades to earn more money, that should be part of your goal. I mean, it should be part of your natural goal. But I bring that up, because sometimes you are going to have down months. And so at the end, what you want to make sure that you have is if your goal is 1000, that your average is 1000, maybe some months, you're going to end up you should have 1500 or 2000 other months, maybe it's going to be 500. Or maybe you're going to lose 1000. So the whole point I'm trying to make is when you get to the point of what your of your comfort level in implementing the strategies is that you try to overshoot a little bit to compensate when you're going to have down months. And so October, I had a down month, and you know, so but the the idea is at the end of the year is to have that as an average, Allen: Right yep, yep. I mean, that's why, you know, on in our program, every trade we go is we shoot for 10% don't always get it, you know, we're gonna have months or trades where we make less money trades when we lose, but if you average it out, it comes about to be like, you know, five or 6%. And you're doing even better than that. So you're doing better than what averages but yeah, even 5% a month is 60 a year, compounded monthly, not compounded yearly, but compounded monthly, if you want to, that can be extraordinary life changing very, very quickly so.. Kevin: And at the end of the year, you're going to make the decision what your paycheck is going to be next year, I mean, with the program that I've the system that I'm coming up with. And that's that's kind of the cool thing about it. And when you think about it, if you take out your basic expenses and what you need, but are able to build up extra cash, and then the other opportunities that you could use, whether it's getting to financial independence, being able to retire earlier, you know, using that, that's just an extraordinary thing. And so that's part of my goal is again to generate additional cash flow so that you can even build a larger nest egg. And it for a while it took me because I kept on thinking what am I going to as a financial advisor, I have X amount of dollars that I like in cash. But then when you have excess cash, I always say that, you know, you're losing money because of inflation. But when you're using the excess cash to build your strategies into and to do what you're doing here. And if you're making 5% a month or seven, or whatever it is, and it's 84% of the year, where else can you take your extra cash, and make it make 60-80% I mean it just so that's when the light bulb came on, I said, Well, if I generate an extra, I'm going to keep that extra in my trading account that I don't need, and use that in the year going forward. So I can continue to build and have and have more opportunities I can, I can put on more trades and invest. And I said that is the way that you can actually see this really, really take off and propel you to financial independence or financial success of some degree. When you're able to generate and then sitting in cash at any point in time. You you decide that you're going to do something else with it if that money's there. Allen: Yeah. So when you are going through the program, what was like the biggest surprise that you had something that you didn't even expect? Kevin: How easy and simple this would be? You know, like I said, I had an understanding of options going into it. So that complexity of options wasn't there. When I first started, it took me when I started in 98 It took me a little while I bet it was at least a good six to eight months to really wrap my brain around the calls and puts where and how they function, different types of markets. That was probably the larger learning curve. When I first started options. I didn't have that going into this. I understood how they work. So the basic foundation was there, but I didn't realize again how easy and turnkey your system would be and getting you know because let's face it, we all get solicited, you know when the all sorts of different opportunities. Everybody is proposing "Hey, get rich doing this get rich doing that". And you come to almost have a very high degree of skepticism with many of the offers that you get. So there's most of them end up just going into my delete box because you know, you look at in the face and they say hey, make a million bucks. I'm thinking yeah, right. Okay. But yours, you pretty much You said everything on the line that hey, you can lose money. I'm going to help you do it consistently. I'm going to help you do conservatively. And everything you know that you have said this has been true so far. And like I said, with all the businesses I've run in my lifetime, I've never had a business that I felt like that was so simple that would provide me so much flexibility didn't have any headaches to deal with employees that the boss or anything else. And then all I needed is my laptop, laptop and internet or some type of connection into the electronic trading floor and I'm in business and I can do it wherever whenever I want and I set the amount of money that If I want to make it's up to me to take the most degree, obviously, the markets are going to have some say about it. But you know, you, you are truly Your Own Boss in this type of scenario. Mm hmm. Allen: So what do you think the future holds for you now? Kevin: I'm going to do this as long as I can, as long as I have my mental faculties together, and the market doesn't fully blow up. I guess that's one of the things that it keeps me up. It doesn't really keep me up, but it's always in the back of your mind, will I be fully invested or I'll be heavily invested in this market doing these types of strategies, when another March 20th comes in the whole entire market falls out, you know, then that's the one. That's why I try to be very mindful of that. And every day that you wake up you wondering, is this the day when the markets decided that the party's over,

Mit Crypto-Investements und intelligenten Aktienstrategien finanziell unabhängig sein Marcus de Maria ist als dynamischer, unterhaltsamer und inspirierender Trainer bekannt. Er hat die Bühne mit Legenden wie T. Harv Eker, Sir Richard Branson, Tony Robbins, Bob Proctor, Mark Victor Hanson, Brian Tracy und Robert Kiyosaki geteilt. Seit Jahren bringt er anderen Menschen erfolgreich bei, wie sie finanziell unabhängig werden. Und er weiß, wovon er spricht, denn er selber lernte nach vielen erfolglosen Versuchen von den Besten der Besten und ist heute ein erfolgreicher Trader. Marcus ist großer Gegner der “Get Rich Quick”-Mentalität, bei der die Menschen denken, sie können durch einfaches Nichtstun reich werden. Denn das funktioniert nicht. Crypto-Club: Mit Crypto-Investments und klaren Aktienstrategien nachhaltigen Wohlstand erreichen Stattdessen zeigt der Investment-Trainer den Teilnehmern seiner “Investment Mastery”, wie sie mit einfachen Schritten und den passenden Investitionsstrategien langfristig und nachhaltig Wohlstand aufbauen. Als Erfinder der Buffolo Strategie hat er Aktienstrategien für Aufwärts-, Abwärts,- und Seitwärtsmärkte entwickelt, die sicher und nachhaltig funktionieren in nur 20 Minuten pro Tag Und was viele nicht wissen, seit 4 Jahren ist er auch erfolgreicher Krypto-Investor und Gründer des Krypto-Clubs. Mehr Details zum Crypto-Club von Marcus DeMaria, erhährt man im Intervie mit Tom. Dein größter Fehler als Unternehmer?: Das sind einige Fehler - weil man daraus ja auch wunderbar lernt. Einige Fehlinvestitionen, die zu Schulden geführt haben und dazu dass ich auf der Couch meines Bruders schlafen musste. Und natürlich hätte ich gerne früher in Krypto Währungen und Bitcoin investiert, obwohl es immer noch nicht zu spät ist und es immer wieder Gelegenheiten gibt Deine Lieblings-Internet-Ressource?: Da es die Ressourcen die ich gesucht habe nicht gab, habe ich selbst den Crypto-Club gegründet um den Zugang zu Mentoren und Kunden zu bekommen, um so schneller in diesem Markt an die Spitze zu kommen. Hier gibt es weitere Infos zum Crypto-Club Deine beste Buchempfehlung: Buchtitel 1: Buchtitel 2: Lunchtime Investor - Marcus de Maria Kontaktdaten des Interviewpartners: Marcus de Maria germany@investment-mastery.com Youtube Unter https://investmentmastery.de/online gibt es Infos zum Crypto-Club und unter https://investmentmastery.de/aktien die Aktienstrategien für Aufwärts-, Abwärts,- und Seitwärtsmärkte +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Mehr Freiheit, mehr Geld und mehr Spaß mit DEINEM eigenen Podcast. Erfahre jetzt, warum es auch für Dich Sinn macht, Deinen eigenen Podcast zu starten. Jetzt hier zum kostenlosen Podcast-Workshop anmelden: http://Podcastkurs.com +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++   So fing alles an. Hier geht´s zur allerersten Episode von TomsTalkTime.com - DER Erfolgspodcast. Und ja, der Qualitätsunterschied sollte zu hören sein. Aber hey, dass war 2012... :) 001 – Willst Du mehr Erfolg im Leben? Erfolg kann man lernen. Jeder. Im Erfolgspodcast TomsTalkTime von Tom Kaules lernst Du in inspirierenden Interviews und einzelnen Storys die Strategien von erfolgreichen Unternehmern und Prominenten. Du lernst in Experten-Interviews wie erfolgreiche Menschen erfolgreich geworden sind und warum sie erfolgreich bleiben. Wie sie den richtigem Umgang mit Erfolg und auch den Umgang mit Niederlagen gelernt haben. Das richtige Mindset ist wichtig, um richtig viel Geld zu verdienen, glückliche Beziehungen führen, mit sich selbst im Einklang zu sein und dadurch Beruf und Familie bestens miteinander vereinbaren zu können. Einschalten. Zuhören. Sich motivieren und Inspirieren. Lernen. Tun. Erfolg haben.

Barron's associate editor for technology Eric Savitz in conversation with Jeffrey Meyers, portfolio manager of Cobia Capital to provide some stock picks and insights on small cap tech companies.

Liz and Jenny discuss how to sell premium following a downtrend with tastytrade researcher Anton Kulikov.

Liz and Jenny discuss how to sell premium following a downtrend with tastytrade researcher Anton Kulikov.

Click here for Paul's interview show notes: https://tradingnut.com/paul-scott/?r=pod FREE: Cam's Robot Training & Profitable Algo https://tradingnut.com/trading-robots/?r=pod For more free trader education: https://compiled.social/tradingnut

Matt Tyron is a trader who encompasses the all-in mentality. He is determined to succeed and grow his knowledge through engagement. In this conversation, Matt shares his daily trading routine and the development of his process. Matt asks incredible questions that are significant in the world of trading. You will not want to miss this episode!    Low Commissions, Cheap Borrows, Fast Executions -  https://get.cobratrading.com/bthestory/   Book a 1 on 1 Call with me - https://calendly.com/bthetrader/1-on-1-talk   Click here to sign up for our Newsletter   BTheTrader Merch - https://my-store-11542608.creator-spring.com   Catch me trading live on Twitch - https://www.twitch.tv/bthetrader

The Path to Becoming A Full-Time Trader In episode 328 of the Desire To Trade Podcast, I sit down with Courtney Smith, a full-time trader & coach based in Dubai. This discussion is full of big takeaways and tips to help you at becoming a full-time trader. Watch the video interview In This Episode, You'll Learn... 00:15 Introduction 0:31 Why Courtney prefers living in Hotels instead of an apartment 1:11 What has changed with Courtney's trading since the last interview 1:50 How Courtney trades Cryptocurrencies different from other assets 3:15 Deep dive at Courtney trading style and strategy 6:00 Why there are almost no books on trading fundamentals 6:48 How Courtney became the #1 performing Global Macro Hedge fund manager 8:40 How fundamental factors interlink with the markets 10:46 Why technical analysis still has a place in the market 11:36 What makes successful traders different 14:46 Why traders sabotage themselves 18:56 How Courtney suggests traders find the correct system for them 23:53 Why you should stop backtesting your strategy too much 26:51 What are developing traders biggest mistakes 29:40 Courtney's top advice for traders that want to start a Hedgefund 33:03 Why Courtney stopped trading external funds 40:52 Where to find Courtney Smith And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: AxiTrader (use our link to get a special bonus) EightCap (preferred Crypto and FX Broker) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Courtney Smith? Courtneysmith.com What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!  

Nancy Pelosi...World's Best Trader RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.

In this episode, Patrick Ceresna and Kevin Muir welcome back to the show, Chase Taylor from Pinecone Macro. They chat … Continue ReadingHumble Enough To Be A Great Trader (guest: Chase Taylor)

Hey Folks, and welcome to yet another festive episode of Drinking Alone, With Friends! This week we all bring a little holiday cheer to the show in liquid form, with a special Belgian Christmas ale from Tud, a beer you'll want to start your morning off with from Chris, and an elbow drop from the top rope by Santa from Obert. We then argue about where Bermuda is and if we are in a golden age of television or not.  Cheers and thanks for listening!   Three Handles on Our Frosty Mug of Wisdom Backbone iPhone Controller Succession The Great Follow us: Instagram YouTube Facebook Discord  - Join to drink beer, spirits or wine with us!  Support our Beer Buying Habits on Patreon (don't forget to subscribe to drink with Chris while he drinks a Bud Light Chelada!) Chris' Twitch Stream! e(nvelope)-mail us! Click here to let Jordan know your breakfast choices Special Thanks to the following for being AWESOME! Jordan of the Wreck My Podcast! crew! Jake for being a great Friend, Twitch Mod and Trader of Beers! Sal for being the best letter writer/Tud challenger/beer sender ever! Larissa for being the ULTIMATE handle giver of the podcast! Shea for becoming a ROCKSTAR patron!

Trysta is back! Just in time to discuss the new gig for Danny ainge and how it impacts her beloved Portland Trailblazers. Then, Curry now has the 3 point record. He is the best 3 point shooter ever. He has the numbers, rings and the fact that he changed the sport in a way that few athletes ever have. And Dell is still shooting. Shooters shoot, ya know... Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode, we are joined by the Nomad Trader.Nomad is now getting a lot of attention due to a $10,000 "Rapid Flow" challenge he started. He focuses on low risk traders with small returns but has proven that those small gains compound over time. He's taken his initial $10,000 to $350,000 within 4 months. As he told me in this episode, he's going to take it to $1 million and I have no doubt of that.We dig into his journey as a trader and we discuss a ton of things like: what makes a trader successfulwhy do most people lose moneywhat are realistic returns to targethis advice to aspiring traders and much more!Check out The Financial Cloud, my favorite resource for traders. Get a 7 day FREE trial & 50% off the first month by using promo code "RICH". All show notes & resources available here -> https://boundtoberich.com/nomad-traderYou can also watch the video version of this interview on YouTube -> https://www.youtube.com/watch?v=sCuzDO8L09kJoin my email newsletter! → https://bit.ly/BTBRnewsletterSign up for Celsius to earn 6.2% interest on your Bitcoin and 10.02% interest on your cash! Get $50 in free Bitcoin for signing up via my link -> https://celsiusnetwork.app.link/11858075cbSign up for the Fold debit card to earn Bitcoin back on all your purchases! Get $25 free with my link -> https://use.foldapp.com/r/YJ7TY7LK. (Here is a videowhere I explain how it works -> https://bit.ly/3lGAdyd)Sign up for a RobinHood account if you're interested in investing in stocks. Use my link to receive free stock (no deposit required!) -> https://join.robinhood.com/ismailh14Coinbase is how I buy Bitcoin. Sign up via my link and get $10 in free Bitcoin! → https://www.coinbase.com/join/humet_qSign up for the BlockFi credit card to earn Bitcoin back on all your purchases! Get a free bonus with my link -> https://blockfi.com/?ref=549e837dCheck here for links to other cool resources -> https://boundtoberich.com/my-links/Want to treat me to a cup of coffee? Thanks, you're awesome! → https://www.buymeacoffee.com/boundtoberichSubmit an audio question and I'll answer it in-depth on the podcast! → https://boundtoberich.com/ask/Follow me:Twitter  →  https://twitter.com/mrhumetTikTok → https://www.tiktok.com/@mrhumetInstagram → https://www.instagram.com/mrhumet/

In this episode, we talk about A/B testing with David Sweet, adjunct professor at yeshiva university, and author of the book, Tuning Up: From A/B testing to Bayesian Optimization. After listening, if you would like a 35% discount on Tuning Up: From A/B testing to Bayesian Optimization, go to the link in our show notes and use offer code devdsrf-38BF. Show Notes Vultr (sponsor) DevNews (sponsor) CodeNewbie (sponsor) New Relic (sponsor) Microsoft 30 Days to Learn It (DevDiscuss) (sponsor) Tuning Up: From A/B testing to Bayesian Optimization

THIS IS A GREAT CONVERSATION WHERE WE DISCUSS BUSINESS, INVESTING, TRADING, SIX FIGURE DAYS IN THE STOCK MARKET AND SWING TRADING. WE DISCUSS THE POWER OF OPTIONS. WE ALSO GO INTO THE IMPORTANCE OF TRADING UNDER A CORPORATION AND THE DIFFERENT THINGS YOU CAN WRITE OFF AS A TRADER SUCH AS EDUCATION. WE ALSO DISCUSS WHAT QUALIFIES YOU TO BE A TRADER UNDER THE TAX LAWS. EDUCATIONAL PURPOSES ONLY. Sponsor Fam: Todd Capital Options Course: https://gumroad.com/l/bOUnl Todd Capital Vending Course: https://gumroad.com/l/EwSkk Todd Capital - gumroad.com/toddcapital TC Options and Wealth Community: launchpass.com/p/tcinvestmentclub Invest with Teri - www.investor101.org Notary: millinotarypromo.com Charm City Buyers: charmcitybuyers.samcart.com/referral/sl…0LTkir6iaRh Hood Estates Trucking: bit.ly/2JQQnlZ Hood Estates Elite Real Estate: bit.ly/2HCXD25