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The simplest and most popular option trading strategies center their approach on buying calls and puts that are a bet on the market direction. These high risk/ high reward trades rely upon making the correct call about the direction of the stock market or individual stock. They are called "directional" traders.
The IronCondorSpread Newsletter is designed to introduce to you to the other side (a very profitable side) of the option world that you might not know exists - the world of "non-directional" options trading. This world is characterized by little risk and does not require anyone to predict what the future direction of the market is going to be and yet you will still come out profitable monthly.
The IronCondorSpread Newsletter was created to take directional traders who weren't happy with the risky trades and time commitment required to monitor their positions and show them a far more relaxing strategy with a much higher success rate.
Once these directional traders understand the profit potential in non-directional trading, it will not be long that they will stop taking wild punts at guessing which direction the market is heading. Slowly, but surely, directional traders see the error of their ways. They will understand the powerful methods of non-directional strategies. They no longer have to be glued to their computer screens. Traders, who have jobs, will begin to learn how to generate a healthy chunk of cash every month with minimal risk.
You see, trading can be a stressful business. One of our goals is to eliminate emotions and stress from trading. Essentially, trading is as much psychological as it is skills.
It is common to find skillful traders who lose their money in the market because of psychology. The right mental attitude is required for the long term success. Losing runs can affect this attitude while a few home runs can breed over-confidence. Either way it is not good for the trader.
Directional traders provide our main source of income. Please understand that options are depreciating assets. Options depreciate with time and the closer it gets to expiration, the faster it depreciates. When a directional trader bets on the direction of the market, he will be exposed to time decay. Time decay erodes the value of the options. Non-directional trading requires minimal monitoring and provides room for error. As long as the market does not move to where we expect, we will profit from directional traders through time decay of options premium.
Almost 80% of options expire worthless which means that more than 80% of these directional traders will lose their options premium. Guess who is profiting from these directional traders? Options Sellers like us, of course! As the saying goes, Beginners buy options, the Pros sell options.
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Remember to also pick up your SPECIAL BONUSES when you join us.
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BONUS #1 - Reminiscence of A Stock Operator
Jesse Livermore is considered by many of today's top Wall Street traders as the greatest trader who ever lived. Livermore broke new ground in trading the market. His timing techniques, money management systems, and high-momentum approach to trading in stocks and commodities was revolutionary, and remains valid today. He was widely blamed for the 1929 stock market crash which he shorted heavily. He made more than $100 million of profit which he subsequently lost. |
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In this power-packed ebook, Wallace Wattles explains how you can learn to think and act in a Certain Way – from the perspective of thinking and acting in the creative world of Truth which is infinite and unlimited regardless of appearances, instead of thinking and acting in the Illusionary competitive world which is finite and limited by appearances. When you think and act in the Certain Way, he explains, you become truly rich, and bring the power of lasting transformation into your life.
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