Options and Traders Network

Supercharge Your Wealth!

Millionaire Mindset

May 12, 2020 Market Crash. Are you Afraid? Reaction Video

by

Hey guys,

It is 1:30 AM CST as I am posting this. I want you guys to get this as soon as possible before the results tomorrow.

This is my take on the end of the day market crash on May 12, 2020.

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

How Fish Hooks and Patiently Waiting Can Make You Rich While Trading Options!

by

Hey guys!

I want to talk about the awesome fish hook indicator again!

Take a look at this chart:

Source: thinkorswim

This is what I saw on Monday 5/11/20.

PFE was at $37.23 when I entered the trade. I purchased three $37.50 Calls with the expiration date of 5/15. I was anticipating a day trade as the yellow line was about to cross the purple line.

This is a simple fish hook pattern.

If you do not remember the fish hook, bad news hits the market.

Then there is a lot of panic selling , the panic selling slows as buyers purchase the dip. Eventually the stock price pops up again!

This is the outcome of the day trade:

I made a 210% winner! I turned $120 into $252!

This isn’t life changing, but imagine taking a 210% win on $1000 and getting $2100 in return! I am sure that would make your day!

Now, if you didn’t learn TTM_Squeeze and you held your position for another day, you would have loss money.

This is what happened:

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

The One Simple and Easy To Follow Artistic Trade Pattern That Will Make You Rich!

by

Good afternoon, it’s Ken! I hope you guys are doing well.

Today, I want to talk to you guys about one easily identifiable trade pattern.

This is one of 3 simple trade patterns that consistently makes me profits time after time!

It is called the fish hook pattern!

Take a look at this photo:

Courtesy of JasonBondPicks

I am pretty sure you guys know what a fish hook looks like, but this picture will illustrate what I am talking about.

It begins with the sharp selling of a stock. This tends to happen when bad news hits, or the company misses their earnings report estimates.

This causes people to panic and sell, and it cause the domino effect to pop multiple people’s stop losses as the stock continues to drop.

Eventually, the selling starts to slow down as people start buying the dip, and the bad news begins to fade away.

Next, the buying and selling of the stock reaches an equilibrium point where the amount of selling is equal to the amount of buying.

Then, people take advantage of the lower stock price and begin to buy the stock. This causes the stock price to rally.

This is where I look for the exit at the end of the fish hook and I take my quick and easy profits!

I used this technique to quickly identify a trade idea that I entered at the end of Friday 5/8/20.

Take a look at this photo of the entry:

Source: thinkorswim

I purchased three $39 Calls for TAP with the expiration date of 5/15/20 for $64 each ($192 total).

I zoomed in on this photo when I took the screenshot. It might be a little harder to see, but you can still identify the fish hook!

I used the gravitational theory to predict the movement of the stock and I made my plan.

I entered at $38.54, and I plan on exiting near $41. As the stock price nears my exit point, my $192 option calls will become $800. That is a 400% Winner!

I really only used one element to identify this trade after I saw the pattern.

I simply used the gravitational theory.

I can’t wait to update you guys with the exit on Monday morning!

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

The Secret Behind Gambling and Trading Stocks to Make Money Revealed!

by

Hey Guys,

I am going to do something a little different today. I don’t have a webcam, so I am going to do this lesson from my phone.

I want you to keep in mind, trading is not for everyone.

You have to be the right kind of person to trade.

You must acknowledge 3 things if you want to be a successful trader:

  1. Mindset
  2. Confidence
  3. Skill

Once you acknowledge these 3 things, you can learn to become a trader.

Keep in mind, if you do nothing with your money in the bank, you will only get a measly 0.01% interest rate at the end of the year.

Keep in mind, banks use your money to trade and make a lot more money than 0.01% every year.

If banks can do it, there is no reason why you can’t learn how to do it and take control of your own finances and build your wealth.

Banks want you to deposit money, they don’t care how much or how fast you make your money.

Is trading stocks like gambling part 1

Is trading stocks like gambling part 2

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

What You Need to Know About the 4 Stages of Entrepreneurship to Become Absolutely Successful

by

Before we begin, I want to give a special shout out to this entrepreneur: Loe Moshkovska

She is the entrepreneur who gave me the rights to use this photo.

Let’s dive in.

Entrepreneurship is usually associated with having a sexy ass lifestyle.

Believe me, that stigma is true :).

Why is it that 90% of entrepreneurs fail? Why is YouTube, Facebook, and Instagram filled with a bunch of posers who claim to be entrepreneurs?

These are the people who dress up and take fancy photos and post that they are living a luxurious lifestyle. The problem is, you never actually see videos of their successful merits.

They are the ones who claim that if you buy their course right now, you can instantly make millions of dollars in a couple of months.

These are the people who say, if you don’t get in right now, if you don’t hop on this wagon today, you are missing out.

“This is a once in a lifetime opportunity”

If you hear that, run.

Trust me, I fell for a couple of them in the past.

These are the people who will tell you one thing today, something else tomorrow, and every month, there is a new idea. They never actually focus on one thing and achieve mastery.

The truth is . . .

These people were never given the proper education to become a real entrepreneur.

I don’t blame them, the true meaning of entrepreneurship isn’t actually taught in school.

These are the 4 stages of entrepreneurship taught by my mentor Dan Lok:

Stage 1: Survival

Stage 2: Security

Stage 3: Success

Stage 4: Significance

I am going to give you my definition of each stage and a real example of how it applies to me. I am also going to tell you what I am doing to get to the next stage.

If you understand these 4 stages, you will be much more successful at entrepreneurship.

This lesson is designed to give you the framework for solving your problems yourself.

A good teacher or mentor will never directly give you the answer, because you will constantly ask for the answers and never figure out the solutions yourself.

I hope by understanding these 4 stages you can obtain the knowledge and wisdom to elevate your success as an entrepreneur.

Learn the difference between these two words.

Knowledge – Knowing what to do.

Wisdom – Knowing what not to do.

Stage 1: Survival – This is the stage where you are struggling to make ends meet, you need to first learn the required skills to succeed. You need to identify the problem you are trying to solve, and work towards a solution. Often, you need to work a day job to provide a stable lifestyle for yourself while you work on creating your business or side hustle.

For me, this was when I was first learning how to trade options. I didn’t know a whole lot, and I did everything I could to pick up the skill set. It is crucial that you are able to provide yourself with a stable lifestyle before learning your unique skill set. If you don’t have a stable lifestyle, you will become desperate. This will lead to you making a lot of rash decisions which usually end in failure.

Stage 2: Security – This is the stage where your struggles have died down and you are able to make a decent amount of profit. Things are going well, you have your ups and downs, but overall you aren’t crashing and burning. At this point you can start taking some money from your side hustle and putting it in your bank.

For me, this was when I learned how to successfully make money from trading options. I would set a weekly goal, and every time I hit this goal, I would give myself a little reward. This is where things get exciting. You will be surprised at how much better you will feel if you can make an additional hundred dollars or so a week.

Stage 3: Success – This is the stage where you begin making enough money where you can outpace your day job. This is when you can begin making $10,000 or more a month from your side hustle or job. Most entrepreneurs usually end up at this stage when they have made it. Usually you see these entrepreneurs flaunting their success to prove to everybody that they have made it. However, these entrepreneurs still have a lot to learn, because they haven’t achieved the last stage of entrepreneurship.

For me, this was when I successfully made $16,000 in 1 month of trading options in January 2020. I successfully paid off all my debt, and today, I am carefree. I can make enough money to do whatever I want with whomever I want. I am able to freely invest my spare money in angel investments that I believe will have high returns. This success, will continuously elevate my wealth.

Stage 4: Significance – Only the top 10% of people become successful entrepreneurs. Only half of these entrepreneurs actually reach stage 4. This is the stage where you make so much money that money is no longer an issue. You are so successful that money makes its way to you without you trying. At this point you no longer need to chase money. This is the point in your life where you can begin to help other people grow. This is when you become the ultimate influencer, you can use your success to help give back to the world. You can give to charity, and you can impart your skill set to other people. This is where you can create your legacy for people to remember you for many years after you are gone.

I haven’t achieved this stage of entrepreneurship yet. I am still in stage 3. However, I am working on the OptionsAndTraders Network as a way to document my growth, and bridge the gap between stage 3 and stage 4. I believe these stages directly complement each other, so I see no reason to delay working on my progression to stage 4.

If you are wanting to become a successful entrepreneur, I want to challenge you, figure out what stage of entrepreneurship you are in. Once you figure it out, write down what you need to do to reach the next stage.

Feel free to send me an email of your progression and where you are today. I can’t wait to see how much you have succeeded in the next coming years.

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

How to Get Rich Quick By Ditching Conventional Wisdom and Applying it to Trading Options

by

Good morning!

The goal today is to inform you of my new challenge, and teach you about the millionaire trading mindset.

My mentor taught me this important life lesson today.

Trust me, these words hurt a bit. Actually, they stung a lot. However, he was right. By the end of our conversation, I became ready to accept his ultimate challenge.

“Ken, I am going to stop you from continuing your $500 to $10,000 challenge today”

“As of today, you are done”

“To be honest, I challenged you, because I knew you weren’t quite ready to complete the challenge”

“I taught you all the skills and techniques that I have acquired in the past 25 years of trading. You are no doubt, one of the most talented students I have ever taught.

You are ahead of 95% of all the other people trading on the market.

The one thing you lack is confidence, and that was the reason I challenged you.

That is something I cannot teach, you have to learn it on your own.

Skills aren’t enough to make you a millionaire, you need the mindset, and the confidence.

I have been watching your live stream occasionally, and I noticed that your entries are flawless, you are absolutely great at your entries.

Your mindset is great, and it’s constantly improving. I am confident that your mindset will continue to develop as you gain more experience trading.

Your confidence is lacking, that is why you do not take your wins.

That is why you back out on trades that could have made you a lot of money.

That is why you failed to make the trade on UAL.

Confidence is the expression of competence.

I know you are trying hard to teach your students everything I taught you, but you are working too damn hard.

Conventional wisdom tells you that making money requires you to work pretty damn hard.

I want you to break that myth. You don’t need to work hard to make a ton of money. If you go back and look at your streams, you do a very simple task, and your account spikes up and makes a ton of money.

That is easy money. However, conventional wisdom is what is corrupting your mind.

You are taught from a young age that making money has to be done by hard work. Hence, you don’t have the mindset for easy money, and that’s okay. Understand that making money is easy.

I am telling you today, making money is pretty damn easy. You just need to have leverage.

95% of people think that making money is hard, 95% of people aren’t millionaires. The top 5% of people know that making money is easy. Use leverage.

Do you think that Bill Gates, Warren Buffet, Steve Jobs, or Mark Zuckerberg do all the hard work for their companies? I would hope not.

If you want to be a millionaire, you need to start thinking like a millionaire.

This is what I mean.

The boss of a construction company makes millions of dollars every year, but he doesn’t do any of the hard work, he leverages his employees to do the heavy lifting.

You can make millions of dollars every year without buying lots of stocks and spending your hard earned money by applying leverage with trading options.

In fact, the hardest working people aren’t millionaires.

I am sure the guy who picks up my trash every week works a hell of a lot harder than me. Why isn’t he a millionaire?

How does this apply to you?

Your goal is to teach people. You need to keep it simple.

Not a lot of people want to spend 6 hours watching your videos everyday. You spend too much time trying to teach a skill they can learn from your instructional videos. Save your energy.

Your bread and butter is 50% profit winners, this can be seen repeatedly in every day trade you enter on your live stream.

You spend 5 minutes scanning the charts everyday, 5 minutes to enter a trade. That is great. Keep it simple. Scan 5 days a week, but only enter a trade 2 to 3 times a week.

The days you don’t see a good set up, just rest. Do something else and enjoy life. Keep it simple and easy.

5 minutes scanning x 5 days = 25 minutes. 5 minutes trading x 3 days = 15 minutes. Total time spent a week is 40 minutes.

I want you to pick 2 to 3 days a week, and make 3 day trades. Aim to hit those 50% trades.

If you land two 50% winners a week, you will double your money every week very easily.

However, if you do see a SOLID money pattern, take the swing. Use absolute precision.

This is productivity. More RESULTS with LESS TIME.

The reason you don’t have a lot of subscribers or viewers is because of two main reasons.

You aren’t keeping it simple enough. You aren’t making big results.

Let the money do the talking and I guarantee that people will pay more attention.

I am stopping you, because I believe you are ready for the next challenge.

You need to stop wasting your time. Take control of your confidence.

You don’t need to prove anything to anybody. What you need to do is focus on yourself.

If you want to help other people, the first thing you need to do is help yourself first.

Remember, in an airplane they always tell you to put on your oxygen mask first before assisting other people.

You have already mastered the art of trading, now you need to play for real.

This is your new assignment:

Options Trading – FU Money Rags to Riches Day 1

Start with $1,000 and commit to this weekly ritual until you hit $30,000. Then commit to this ritual daily. You will see results a lot faster, and many people will start paying attention.

I believe you can complete this challenge in under 2 months.

Also, there is one caveat to this challenge. You must be withdrawing money occasionally to pay your bills. You must also use your profits to upgrade your setup. Buy a better headset, a camera, and another computer monitor.

I want this side hustle to overcome your day job income.

Once you triple your day job income. This will become your new day job.

This is the challenge that is going to push you to become a millionaire.”

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken