Supercharge Your Wealth!
Each report will provide you with a simplified understanding of options.
Day 12 of Trading the $500 to $10,000 Challenge.
Today, I want to talk about my defeat.
I started the day with 5 minutes of scanning for patterns to play. I found the perfect setup for United Airlines today, and I knew they were going to hit $27 in my head. The stock price was trading at $26.58 on the opening bell. (You can replay day 12 from the Live Stream)
I went ahead and purchased three $27 calls with the expiration date of 5/1/20 for $102 each. I spent $306 for this position. My plan was to make a day trade, and all of my day trades always shoot for 50% winners and above.
The stock chart followed my 5 elements and I knew that this one was going to be a winner.
While entering the trade, I saw that there were a couple of people shorting the stock in the morning, and I somehow doubted myself and I tricked myself into getting scared that I was wrong.
My $306 position became $280, then it became $260, then it became $180, and I let fear grow in my mind, even when I knew the direction, the trend, and the momentum of the stock.
I ended up stopping out of the trade at a $100 loss.
A long story short, at about 1:30 PM CST, UAL stock hit $28.24 and stayed at that price point for a good 20 minutes.
I realized, had I believed in myself, I would have turned that $306 into $538. But instead, I ended up walking away with $206. (We will learn from this mistake and grow from it together)
The moral of the story is to always have confidence in yourself.
If you ever get a chance to talk to a multimillionaire, many of them express great confidence in themselves.
Confidence is simply the expression of competence.
If you are competent and sure of your skills, you know exactly what you are doing, you take risks without hesitation, you make decisions without hesitation, and you will always end up having the best results.
Let me dumb this down for you guys.
Say, there is this really pretty, super attractive girl – right?
If you were a confident person, you would go up to her, talk to her, and get her phone number.
On the other hand, if you were a person who was lacking confidence, when you go up to the girl and ask her for her phone number, you may shake a little bit, you may stutter, and you may act and sound a little creepy.
Think of this from the girl’s perspective.
The girl would most likely not want to give the creepy guy her phone number.
The girl is going to give her phone number to the confident guy.
I want all of you to become more confident in yourself and become more competent in your skill set. It doesn’t matter what you are doing, you need to trust and believe in yourself.
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
Hey guys, today is April 25th, 2020!
I have been collecting data, and conducting my own market research on the stock market for the past 3 weeks.
There is a lot of uncertainty regarding the direction of the stock market, and that seems to be an obstacle for a lot of traders. I am going to present my ultimate battle tested strategy in this article.
This strategy is the absolute conclusion of my experience within the past 3 weeks. I have been testing these strategies with real money and paper trading. I have conducted about 100 trades in the past 3 weeks. As an experienced trader, I have absolute confidence that these conclusions will hold true, and I will continually test them in the weeks to come.
A Chinese general who helped conquer the Qing Dynasty said one thing that I will always keep in my mind,
” If your battle strategy has worked in the past and it is currently failing, it doesn’t mean that your battle strategy doesn’t work. It means that the timing and execution of your strategy needs a slight alteration”
Let’s dive in.
There are two things you want to view before beginning your trading day. I highly suggest that you view them prior to the opening bell. These two things are the VXX Barclays iPath of volatility, and the SPY SPDRs ETF S&P500. The tickers are simply VXX and SPY.
The VXX should start declining as the SPY is increasing. The opposite holds true if the SPY is decreasing.
Let’s take a look at these two charts:
Based on all the trading elements depicted in my videos, you can see that as one goes down, the other goes up. This holds true for all of the trading elements.
This is a very important concept to know like the back of your hand.
If you are trading a S&P 500 stock, for the most part, it should be following the trend of the SPY. If the SPY is going up, that ticker should be going up. Make sure that the VXX is going down.
If there is uncertainty in the market, you can easily identify this by seeing if the VXX is going up or down and the SPY is going sideways.
This is also true if the SPY is going up or down, and the VXX is going sideways.
By understanding the gravitational theory that I have presented in my previous articles, you can see that on Friday 4/24/20, the VXX yellow and purple lines have crossed through the gravitational pink line, and they are heading downwards. This is a heavy indication that the SPY will make a move upwards.
As you can see on the same date, the SPY has made a heavy bounce above the gravitational pink line. (This is the OPPOSITE reaction).
This concept is very important when deciding whether to buy options calls or puts on a stock.
How does this help you? It’s quite simple.
Buy calls when the SPY is going up and the VXX is going down. Buy puts when the SPY is going down and the VXX is going up.
I am going to identify some special case scenarios that you need to watch out for.
First, let me identify two types of days on the stock market.
Red days and Green days.
I use finviz to clearly see, within 1 second, what type of day it is.
Red means the overall market is crashing. Green means the overall market is going up.
Take a look at these two pictures:
These two pictures clearly identify how the day is going.
I am going to explain some simple psychology concepts based on the type of day the market is having.
First know this, the media is controlled by large banks and huge institutional funds. They are the “game master” they can pump any type of news into the world to force the market to go a specific way which will ALWAYS be in their favor for maximizing profit.
If you open finviz and you see a red day. The market is crashing, most likely due to bad news or some type of panic about the Coronavirus and economy.
Following bad news, this next scenario holds true about 90% of the time.
Day 1, the market crashes. Day 2, people who didn’t have their stop losses popped begin to panic as they see their portfolios lose money. These people “Guh” and begin selling, and this causes the domino effect to crash the economy out of fear.
By understanding the psychology of these traders, you can do 3 things.
If you open finviz and you see a green day. The market is being pumped up, this is most likely due to the institutions picking up cheap stocks and drastically limiting the supply which increases the demand.
Following a green day, this next scenario holds true about 90% of the time.
Day 1, the market goes up. Day 2, people see that the market is going up and they begin to buy in. Day 3, the market goes up again as the domino effect occurs (Scenario A).
Day 3 also has another scenario (Scenario B). The market went up really fast after day 2, and people begin to lock in their profits and they start selling.
By understanding the psychology of these traders, you can do 3 things.
Make sure to always check the VXX and SPY with respect to each trading day, because that will give you an edge in knowing exactly if the green day is going to follow scenario A or B.
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
I hope you guys are doing well today.
I just got off the phone with my mentor and I couldn’t wait to share this with you guys!
Are you ready?
This is one of the greatest keys to unlocking your wealth mindset.
I want you to imagine yourself becoming a 6 digit survivor. I want you to imagine making that $100,000 a year income.
Think about it for a second . . .
Now think about how much your life would change if you could hit that goal.
It may seem like a lot to some people, it may not for others, but this goal is realistically possible for most people.
Now $100,000 may seem like a lot of money. It may seem impossible for most people to reach, but lets simplify that goal.
Let’s begin
Let’s take $100,000 and divide that by 50 weeks. That equals $2000 a week. Now take $2000 and divide it by 5 days. That equals $400. So if you want to make $100,000 a year, all you have to do is make $400 a day or $2000 a week.
See how much simpler that is? $400 a day seems a lot easier to do than $100,000 in a year.
If your goal is to make $50,000 a year, take half of that. Only $200 a day.
If an average person can manage to make $120 a day with their day job, then they only need to make an additional $280 a day with a side hustle to make $400 a day.
In other words, if they make about $600 a week, then they only need to make $1400 more a week.
If you make $600 a week and your goal is to make $50,000 a year, that is only another $400 a week that you need to make from a side hustle or $80 more a day.
Heck, even a simple $100 more a week can change someone’s life, right?
My side hustle is trading options, and that’s what I am here to teach you guys. If you have been keeping up with the live stream, you would have seen that every single one of my day trades were flawless on timing. All the day trades yielded a minimum of a 40% win. That is a $400 profit for every $1000 traded.
The key here isn’t the dollar value. The key is learning the skill, because the dollar value will compound over and over again. Pretty soon, you will be doing less work, and making more money by applying the same simple skill. (You can learn the skill with the quick video lessons found here.
I’ll give you an example. Let’s say you trade a $2000 position with a 40% profit. With two trades in a week, you would make $1600, or $800 per trade in winnings!
Now, if you have seen the live stream, it takes me about 5 minutes to scan multiple charts. I can make a trade plan in about 5 minutes of analyzing a chart with a particular set up. Within 1 to 2 hours (set up a text alert on the chart to alert the stock price of a predicted exit [automation]) I can check the chart again and close the trade in another 5 minutes.
You see where I am getting at? With 15 minutes of “work” I can make a trade that yields $800 with a $2000 position. Talk about productivity. I am getting more results with less time.
As you get better at doing these types of trades, they get easier. Also, as you reach the $25,000 mark declared by the SEC, you will be able to make unlimited day trades.
And trust me, I see TONS of these perfect set ups on a daily basis for more than 10 possible day trades every single day.
Believe me, with more than 660,000 stock tickers, 10 trade set ups is a drop of water in a lake.
So again, how do I help you when you have a small portfolio?
Let’s reiterate the goal.
The challenge is to turn a small portfolio account into a large portfolio account, and make it easy for other people to understand. If I strictly wanted money, I could make 2 – 3 day trades a week and consistently compound the account.
However, I want to be able to trade everyday in this uncertain market so that I can have enough data to make it easy for you guys to master the art of swing trading and day trading options.
Hence, with the SEC limit of 3 day trades a week, I struggled for the first 2 weeks of trading trying to learn the swing trade pattern of the market.
However, I have been putting together a document with all the notes, techniques, and skills that I have learned during the past two weeks. ( This is a once in a decade period for me to learn how to trade in an uncertain market after a large pandemic. I have traded and won consistently in a bull and bear market, but this type of market is new to me.)
I am going to release a special report this weekend which lays out the ultimate plan to consistently win during this uncertain market, so stay tuned for the next report!
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
Hey it’s Ken!
Today I got a special guest invitation to view a live Zoom conference between my mentor and the legendary Wolf of Wall Street, Jordan Belfort.
Before I dive into the knowledge I acquired from the conference, I want to take this time to answer a couple of questions that you guys have been asking me via email.
These are the top 5 questions that you guys have asked:
1. What exactly is the goal of the Options and Traders Network?
– The goal is to create a network of like minded people who want to achieve greatness. I want to educate people from scratch and show them how to become millionaires. This is going to take some work, but it is possible. I want people to develop themselves, learn new ideas, and share their knowledge with future generations. I ultimately want to boost your “deal flow”. This is the ultimate key and a secret to generational wealth.
2. Why do you only teach trading and when will we learn about investments?
– I teach trading, because it is my bread and butter. It is the high income skill that I have developed which can make me money anywhere in the world, at any point in time in my life, age is not a limiting factor. It is something that, if I lost all my money tomorrow, I can use this skill to make it all back. It is a skill, not a talent, so it can be learned. It is something that nobody can take away from me. It is like riding a bike, once you learn, even if you haven’t rode one in a while, you can get on one and begin riding again. I find great joy in trading, it is my passion and it makes me feel happy. Trading also teaches you the millionaire mindset, and it challenges you every time you enter a trade. It keeps your mentality sharp as a knife, it forces you to always stick to your plan if you want to be successful.
– Addressing the second part, I only teach my top students about investments. I do this for two main reasons. Reason number one, investments require risk tolerance and the mentality to stay afloat when things are sinking. Reason number two, if you do not have a day job and a side job or side hustle (trading is mine), how can you afford to invest money? How can you afford to take the risk of losing money when you barely have enough to pay your bills? You need to stabilize your living expenses first. Second, grow your side income. Third, invest. It is that simple. I will talk about this in a future report when I introduce my ideology of the “Wealth Triangle”.
3. Why are you giving away all this information for free?
– I am an entrepreneur who has acquired all this knowledge through my own experiences, and it gives me a sense of rejoice when I can teach what I have learned. You see, I am not really creating a whole lot of new ideas or new concepts. I may refine a couple of concepts, but at the end of the day, all my knowledge was taught to me by my mentor. My mentor’s knowledge was taught to him by his mentors. It is 2020 and all the knowledge you want to know about anything can be easily accessed via google. I am simply compiling all this knowledge and funneling it from my perspective to you.
4. Do you really plan on turning $500 into $10,000 on a live stream?
– Absolutely, this is probably the hardest challenge I have taken on. It is a real test of your diligence. Your perseverance, your drive, your motivation, and it makes you feel alive. It allows you to challenge your mindset and stick to your plan every single day the market is open.
Check out my live stream if you want to learn from me in real-time.
Key Difficulty Factor: I am trading with a small account during this insane market volatility due to the Coronavirus.
5. What does your wealth portfolio look like and what is the projected profit?
– My investment portfolio consists of about 40% angel investing, 20% BDCs, 20% options trading, and 20% cash flow. This isn’t going to be the same ratio for everybody, this is my ratio.
The projected profit is going to be a bit tricky to pinpoint, because these are mainly speculative. I have a list of 11 companies I chose to invest in based on my own due diligence and deal flow network which was presented to me by my mentors. Based on my research, the companies I invested in are solving large problems with a large total addressable market. They all have very strong founders with strong key investors (smart money) giving them tons of money during their funding raises. If 50% of my startup investments fail, I am still speculating a 20 million dollar return in the next 3-8 years. Keep in mind, every year, I am constantly adding to my investment portfolio (generational wealth).
BDCs are on par with my options trading, it is also my bread and butter tool for investing. BDCs offer high yield dividends which pay quarterly dividends. With enough capital invested, these companies work as “Assets” which pay for your “liabilities”. This nets you with no living expenses. Some people use real estate in lieu of BDCs, but I have found that BDCs are more liquid than real estate if you are in need of quick cash flow. Especially if the market crashes like now. It would be difficult to sell a house in this economy, but a BDC? I can do that in a matter of seconds.
Obviously you guys already know about options trading from me. I don’t need to waste time explaining it. This percentage of my portfolio is going to be a lot less until the challenge is complete. I don’t have a lot of wiggle room right now :).
I believe everyone should always have at least 20% of their portfolio as cash flow for a rainy day.
Let’s dive into the video conference.
So what did I learn from Jordan Belfort?
Jordan’s career started in 1987 with the great depression. Nobody trusted brokers, because of the huge market crash.
In 2008, the great depression caused the housing market to crash.
In 2020, the COVID-19 pandemic crashed the market, travel and social gatherings are now limited.
What do these all have in common?
“Nobody is going to give a shit, human beings are going to be human beings. In one year from now, everybody is going to forget about social distancing and things will go back to normal.”
– Jordan Belfort The Wolf Of Wall Street
In 1 year from each of the past depressions, everybody forgot about what happened. The market was able to pick up again.
He also pointed out that many great startups emerged after each of these depression periods.
After 1987 there was the dot com bubble. After 2008, Uber, Amazon, and AirBnb emerged.
An early investor in Uber, Amazon, or AirBnb would have turned $1000 into $10,000,000.
The big question is, “After 2020, what startups are going to emerge?”
This is what I am talking about . . . DEAL FLOW.
This is why you need a network, this is why you need mentors. This is why you have me, because the odds of you meeting people like Jordan Belfort (The older deal flow network) is very slim.
This is his last quote, and I am going to leave it here, because it really resonates with me.
“80% of traders fail and lose because they do not have a system, they do not use their brain and stick to their plan. They sell winners and they forget to sell losers. They end up with plain dog shit. Invest in your market education, and take a look at the past, because history repeats itself.”
– Jordan Belfort The Wolf of Wall Street
Jordan now teaches sales on his website if you were wondering what he is up to now.
This is his latest successful business:
www.jordanbelfort.com
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
Hey guys! It’s me again,
I want to talk to you guys about the importance of time management. This article is based on what my mentor thinks about it.
Teaser: “Secretly I waste his time by picking his brain all the time :).“
Keep in mind, he doesn’t waste a lot of time and he gets straight to the point.
The general concept of time management can be found here:
https://www.mindtools.com/pages/article/newHTE_00.htm
Let’s dive right in!
“I am tired of all these people telling me about time management. They tell me they manage this, they mange that, they do this, and they do that. Why aren’t they a millionaire if they know how to manage time?”
“Ken, If I could manage my time, I would be a trillionaire, not a millionaire. You can’t manage time, anybody who says they can is a hoax.
Tell me, have you ever seen somebody press the stop button on time? Time keeps going, and there is nothing stopping it or slowing it down, and there is nothing you can do about it.
I have never met another millionaire or billionaire who has told me they can manage time.
You see, we don’t manage time, we don’t schedule it either. Scheduled meetings are for the sake of other people’s time. They aren’t in favor of your time. I have my secretary do the scheduling for me if I have an important client.
Ken, time is very precious to me, it’s more important than money.
Money is something I can always get, money is replaceable, but time is not.
When somebody wastes my time, it is worse than stealing my money. It is the worst crime.
You need to value your time and skill set more than money. Once you have the skill set, it’s a matter of racing the clock to make your money.
I am going to give you the KEY to success Ken.
Value your time, rather than saying you are going to schedule your time, I want you to script your time.
Don’t say, at 10:00 AM I am going to the gym, then after that I am going to eat at 11:00 AM, then 1:00 PM I am going to write a report.
If you have ever done that, you know that things come up, things overlap, you don’t manage time, and by the time it is 1:00 PM, you are behind, and you end up writing your report around 2:30 PM.
In the worse case scenario, you are late coming home from the gym and you skip eating at 11:00 AM to make up time.
You can not afford to do that, because you still need to have your daily routine and maintain your health while you are still young.
This is what I mean by scripting,
Let’s take that same scenario and script it. Go work out for 30 minutes and spend 30 minutes to write your report.
See how much simpler that is? Don’t schedule it, don’t make it harder than it needs to be.
Tell yourself, you are going to spend x amount of time getting something done, and then do it. I guarantee you will free up more time in your day while producing more results with less time.
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
Ken here,
I want to talk to you guys about a big mistake I did with my small portfolio account on live stream. This will teach you guys a valuable lesson for trading and anything you are doing in life.
If you read the previous post, you saw that RCL stock was trading at about $36.28 when I purchased it with a $330 position which was more than half of my portfolio.
Take a look at the chart from the last post 4/15/20.
This is the chart for 4/16/20.
I purchased one $37 Call contract with the expiration date of 4/24/20 for about $330.
This stock is following my 5 elements of SUCCESS!
Look at that! Within a couple of hours from 11:00 AM on 4/15/20 to about 1:00 PM on 4/15/20, the stock popped up to $37.46.
I was absolutely right on the call! I was absolutely right on the money! So what is the problem?
I didn’t lock in the trade.
You can see what happened the very next day after not locking in the trade. The market crashed. This was unexpected, but lets face it . . . sometimes in life, SHIT HAPPENS. You have no control over what everybody else is doing. You only have control over yourself.
This wasn’t because I was being greedy and hoping for more money.
This was because I created a game winning strategy, a master plan, and I didn’t stick to the plan.
The stock price moved to the call price a lot sooner than I thought, and I decided not to lock in the position with a day trade. Rather than turning that $330 into $420 within 2 hours and profiting $90, I decided to do nothing. I took a $90 loss with my stop loss back up plan instead.
I stood like a damn deer in headlights. (Yes . . . I accidentally hit one)
This is something you cannot afford to do if you want to be successful.
It doesn’t matter what you are doing, playing a game, studying for a hard exam, trading options, trading stocks, or trying to lose weight. If you set a game winning strategy and you do not commit to your plan, you will fail.
You have to be diligent and learn to trust yourself, be confident, take less risks, and continue doing your master plan if you want to see results. This goes especially true for “CHEAT DAYS” if you are trying to lose weight.
The more you cheat, the more you restrict yourself from productivity.
Remember from the last article that the millionaire definition of productivity is more results with less time.
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
Ken here,
Today is April 15th, 2020 and the Market is crashing like crazy!
Take a look at this diagram from finviz.
Man! That is a ton of red! The SPY dropped from $284 to $276 today!
These chart would scare most people instantly! I mean, look at these charts! Every single sector is down, and the one stock that is trending upwards is Amazon. AMZN is priced at $2297 at the time of this post. Not a lot of people can buy a couple of shares of AMZN at that price. Not to mention, it is only winning by 0.36%!
Talk about pennies on the dollar for your hard earned money.
However, I am not like most people, I am an experienced options trader. I am calm, I am reserved, I create a game winning strategy and I stick to my plan. I know exactly when to enter, and when I should stop my losses. I commit to my plan and have no emotions attached to the market.
The stock market is by far the greatest game in the world for people who want to develop a tenacious mentality for sticking to their plan. This is the mentality which separates millionaires from ordinary people, this is the mentality that elevates millionaires into billionaires.
If you can master this mindset, you are halfway to becoming a millionaire.
So again, I have answered the question in a recent post:
“Why is the market crashing?”
Honestly, I have no clue, nobody really does. Some big investor, institution, or a bunch of people decided to sell and lock in their profits from the previous weeks. This causes the supply of stocks to increase which decreased the demand. Hence, stock prices drop.
As people panic, people sell.
As people sell, stop losses pop, and the domino effect tanks the market.
That’s all there is. If you understand this, it will help you remain calm.
If you set aside the drop in the market, you can start to look for extremely good deals as the price of stocks are low!
Take a look at this trade I entered today on RCL. Royal Caribbean Cruise Lines. Pretty soon this trade is about to pay for my own vacation.
I may have to book my vacation here:
https://www.royalcaribbean.com/
This is awesome! The stock price dropped from $44 dollars to $35 dollars. I made an entrance on this stock around $35.88.
I purchased one $37 Call contract with the expiration date of 4/24/20 for about $330.
This stock is following my 5 elements of SUCCESS!
If you have read some of my other posts, after you see these elements on the stock. I guarantee you will know exactly what happens next after this.
I can’t wait to update you with the exit in the next coming days!
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
Ken here,
This is a question people have trouble answering. Let me give you the answer.
“You don’t hustle with your side money, because you are scared or you don’t know what to do with it!”
I use to be stuck in the same predicament. I had money in the bank, and I knew I wanted to invest, I knew I wanted to grow my wealth.
Where do I get started? What do I do? Real estate costs a ton of money to start, I have some money, but not enough to purchase real estate . . .
I want to erase one myth and give you my solution.
Myth: The stock market requires a lot of money to make money.
THIS IS A FRICKEN LIE! Whoever has told you this . . . SHAME ON THEM! I have made plenty of money from almost no money and I can do it over and over again. Just check out my $500 to $10,000 challenge live stream, I will show you how to do it in real-time.
So what did I do?
I learned the high income skill of trading options on the stock market. Options provide a ton of leverage, so you don’t need a whole lot of money.
Options give you the leverage of 100 shares of a stock without having the capital to purchase 100 shares. Think about that, you pay a fraction, and make 10 times the money!
That is what I call productivity.
My mentor always stressed the definition of productivity to me. I want you to grab a pencil, a notebook, a pen, a piece of paper, or fricken just write this on the back of your hand.
“Don’t listen to naysayers and the ignorant who tell you all you gotta do is work harder and harder and spend more work and more time to do something in life.”
90% of these people are unproductive. They just waste time. Harder, and more work is not the answer. Using more time for the same task that only yields little progress is not the answer.
The KEY definition to SUCCESS is productivity.
This is the millionaire-mindset definition: Productivity equals MORE RESULTS in LESS TIME.
This DOES NOT MEAN you don’t have to do WORK.
You still have to put in the work, but get more done with less time.
Keep up the good work!
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
Ken here,
This is day 1 of the COVID-19 $500 to $10,000 trading challenge.
I picked up two $41.5 Calls with the expiration date of 4/24/20 on CSCO for $102 each! That is an entry of $204.
This is what the chart looked like.
I used 5 elements to enter this trade:
If you have been keeping up with the other articles, you should know what each of these elements are.
This is the update for Day 2. I sold CSCO on a POP!!
Look at the chart.
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
Ken Here.
We are officially on Day 22 of quarantine – the impacts of the pandemic hasn’t finished its course.
I know that a lot of you have given up hope, because you loss your job. Times are tough, and the struggle is real. There aren’t a lot of places hiring right now, and you still have to pay the bills, I understand this completely.
My solution is quite simple, trade and make money on the stock market!
There are 5 major reasons why I always recommend and teach trading:
Before we begin, these are 4 essential thoughts on my mental checklist:
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.
Nothing is 100% guaranteed on the market, but these are my highest conviction trades for April 2020. I will write another report showing the results of how these trades pan out.
Don’t forget to ignore the trolls.
Most websites and forums post a bunch of lousy irrelevant crap with tons of technical analysis. I believe these posts are full of noise created by a bunch of trolls. If you have ever visited www.stocktwits.com or wallstreetbets you probably have seen them. If you have ever asked a professional trader what they think about these sites, I can guarantee they will all tell you the same thing. “I ignore what other people say, and I do my own due diligence based on my trading edges.”
The explanations of these trades are going to be as concise and crafted as simple as possible.
I will never write such an in-depth watchlist again, so pay close attention.
Traders pay over $10,000 a year for this type of knowledge.
These trades are all going to be swing trades, meaning you can take your profits anywhere from 1 day to 5 days. Take your winnings as soon as you feel comfortable doing so, I am going to define price targets, but you can always take the win a lot sooner.
These are trades which could be affected by Monday’s market volatility, so be cautious if the SPY opens low. Currently, the SPY is trending upwards, so always make sure the SPY isn’t crashing before entering trades.
Once again I believe these are good stocks to buy and trade.
Let’s dive right in.
Add these 5 stock tickers to your trading platform:
I am going to be trading these stocks starting Monday 4/13/20.
STOR
STOR use to be priced at $40 before the pandemic, it is currently trading at $18 (45% of its value).
The Dividend yield is sitting at 7.6% which is pretty high for an annual return (This is attractive for long term investors).
The last traded closing volume was 14 million shares. Multiply this by the share price and you will notice there is tons of money flowing in and out on this stock.
Look at the chart.
I used 5 elements here:
You have two options here. Buy the stock or buy the option.
Stocks: You own a share which has no expiration date, theoretically it can drop, but it most likely will never go to $0 before you have a chance to sell it.
Options: You own the right to purchase 100 shares per option, but do not own a share. If it expires out-of-the-money it will be worth $0.
Stock: I would purchase this stock around $18.80 to $19.20. I would sell the stock as soon as it reaches $20.50 to $21. This would yield a $2 a share profit.
Options: I would go with a $20 Call with the expiration date of 4/17 for around $0.45 ($45 each) if you want to have a high risk high reward trade. If you want to be safer, purchase the 5/15 $20 Call for around $1.35 ($135 each). I would sell these options as the stock price reaches $20.50 to $21. This would yield about a 100% profit, or doubling your money.
You can use this Options Profit Calculator to see an estimate of how much money you can make per successful trade.
Let’s provide a scenario: I buy one $20 Call contract for $135 with a 5/15 expiration. When the price hits $21, I can turn around and sell that call for $272. This will yield a profit of $137.
The stock option is safer, but the yield is significantly less. I am an options trader, so I am going to trade the option.
Stop loss price: If the stock price is about to close near $17, I will sell my options at a loss to prevent further losses.
DAL
DAL use to be priced at $63 before the pandemic. It is now at $24 (38% of its value).
The dividend is at 6.6% which is attractive to long term investors.
The last traded volume was 91 million shares.
Look at the chart.
I used 5 elements here:
Again, you have two types of trades here. Buy the stock, or buy the option.
Stock: I would purchase this stock anywhere from $25.40 to $26. I would sell it as it approaches $28 to $29.
Option: I would purchase the $28 Call with the expiration date of 5/1 around $1.30 ($130 each). I would sell the options as the stock price reaches $28 to $29.
This trade has the potential to have a 300% return or 3x your money.
Stop loss price: If the stock price is about to close near $24, I will sell my options at a loss to prevent further losses.
WORK
WORK recently had its IPO this year. So it doesn’t have a defined high. However, it is making a significant impact for companies that require their employees to work from home due to social distancing.
The last traded volume was 10 million shares.
Look at the chart.
I used 5 elements here:
Stock or the option?
Stock: I would purchase this around $24.80 to $24.90, and sell it as the price goes towards $26.
Option: I would purchase the $26 Call with the expiration date of 4/24 around $0.80 ($80 each). I would sell the options when the stock price hits $26.
This will yield about a 200% return or double your money!
Stop loss price: If the stock price is about to close near $23, I will sell my options at a loss to prevent further losses.
WBA
WBA use to be priced at $62 before the pandemic. It is trading at $44 (70% of its value).
The dividend is 4.16% which isn’t super high, but the stock is relatively stable compared to the market. This is what conservative investors typically buy, and there are lot of those type of people.
The last trading day had 7 million shares traded.
Look at the chart.
I used 5 elements here:
Stock: I would purchase this stock between $44 and $44.20 and sell it as the stock goes to $46.50
Option: I would purchase the $45 Call with the expiration date of 4/24 around $1.25 ($125 each) and sell the options around $46.60.
This will yield about a 50% return or 1.5x your money. It is a more conservative stock, so the volatility is lower, but so is the risk.
Stop loss price: If the stock price is about to close near $42, I will sell my options at a loss to prevent further losses.
LYV
LYV use to be priced at $71 before the pandemic. It is now at $38 (53% of its value).
The last trading day had 6 million shares traded.
Look at the chart.
I used 5 elements here:
Stock: I would purchase this stock between $38.40 and $38.80 and sell it as the stock goes to $42.
Option: I would purchase the $42.50 Call with the expiration date of 5/15 around $2.25 ($225 each) and sell the options around $43.
This is a longer swing trade, but it has the potential to make a 200% return, or a double your money trade.
Stop loss price: If the stock price is about to close near $37.50, I will sell my options at a loss to prevent further losses.
Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.
Join my robinhood team and get a free stock here
Learn about my Indicators here.
Become a member and learn!
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
