What’s your one best trading idea?

The poker term The Nuts is a popular one. You may not know that it is the highest possible poker hand at the table… or in other words it’s impossible to beat. If you want to learn a very powerful trading strategy that brings a lot of profit, you should know about unusual options activity

You can be excited when you play poker with the nuts because you realize that there is no way you will lose. Trading nuts requires inside information which is illegal.

I’m not a fan of any one particular profession.

My trading account is never in danger of being ruined by a bad trade. I find it frustrating that people ask me what is my best trading idea at the moment.

It’s because I understand that becoming successful takes more than a single trade.

It’s this type of question that motivates and encourages me to keep doing what I do. That is, helping investors gain the confidence to tackle the financial markets.

It’s about being consistent and getting good base hits. Derek Jeter has the record for most home runs in a single season with 24. However, his career will be remembered as having over 3,300 base hits. Long-term consistency is rewarded.

It is exciting to trade off options that are not common. This is mostly used to come up with ideas to help me structure my trades and find what I think to be an ideal risk/reward ratio.

Options are used by too many investors as a way to make money quickly. They’ll usually come to me after they have been burned and ask for tips on how they can get consistent and steady returns using options.

Then, when they realized that investing in options was difficult at first ()… they wanted to see the blood stop flowing out of their account… and they became more interested in finding ways they could take some money out each week.

Leave a Reply

Your email address will not be published. Required fields are marked *