Bill Poulos on Proper Risk Management
I've said it again and again that even the best trading method will fail terribly if you don't properly manage risk with it whereas a mediocre method may actually turn into a good method if you DO manage risk properly.
Now, there are many ways to manage risk -- including the proper use of OPTIONS. Of course, especially in uncertain markets, risk management is even more critical. Here's what it's all about...
Discover some 'little-known' but POWERFUL facts about options trading!
* Why the CORRECT use of options can be your KEY to not only recovering your losses in the recent market meltdown and to PROTECT YOUR PORTFOLIO, but also to EXPLOIT the WIDE DAILY SWINGS in the market to extract oversized profit potential as the market recovers.
* Why options were designed to be the "Perfect Hedge" against anything and everything else going on in the stock market. With the proper use of options, you could have FULLY PROTECTED your portfolio against the recent massive market volatility and potentially saving yourself a lot of grief in the historic market massacre.
* The many "virtues" of options trading (yes, that's right, options trading is not "risky" or "dangerous" as the clueless mainstream financial media portray if you do it right, far from it! When used the 'right' way, they can be your 'best friend'.
* The unusual "jack hammer" analogy of using options in trading (both are very powerful tools, but can be dangerous when used improperly... or by someone who doesn't know how to use them...)
* The 3 major "advantages" of options over any other type of trading vehicle. (Once you FULLY GRASP and understand these advantages, you may never want to trade stocks without options again... at least not the same way you've done so up until now...)
* How to get your hands on the SAME OPTIONS TRADING INFORMATION taught to some of the highest-paid options floor traders on Wall Street (and why this information is MUCH MORE IMPORTANT to you NOW than it was to them THEN...)
* How a 15-year options floor trading veteran taught his toughest student to date - his DAD - to trade options (and how this 72-year old, thick-headed Italian is making more money in the markets today than he ever has in his life...)
Now, there are many ways to manage risk -- including the proper use of OPTIONS. Of course, especially in uncertain markets, risk management is even more critical. Here's what it's all about...
Discover some 'little-known' but POWERFUL facts about options trading!
* Why the CORRECT use of options can be your KEY to not only recovering your losses in the recent market meltdown and to PROTECT YOUR PORTFOLIO, but also to EXPLOIT the WIDE DAILY SWINGS in the market to extract oversized profit potential as the market recovers.
* Why options were designed to be the "Perfect Hedge" against anything and everything else going on in the stock market. With the proper use of options, you could have FULLY PROTECTED your portfolio against the recent massive market volatility and potentially saving yourself a lot of grief in the historic market massacre.
* The many "virtues" of options trading (yes, that's right, options trading is not "risky" or "dangerous" as the clueless mainstream financial media portray if you do it right, far from it! When used the 'right' way, they can be your 'best friend'.
* The unusual "jack hammer" analogy of using options in trading (both are very powerful tools, but can be dangerous when used improperly... or by someone who doesn't know how to use them...)
* The 3 major "advantages" of options over any other type of trading vehicle. (Once you FULLY GRASP and understand these advantages, you may never want to trade stocks without options again... at least not the same way you've done so up until now...)
* How to get your hands on the SAME OPTIONS TRADING INFORMATION taught to some of the highest-paid options floor traders on Wall Street (and why this information is MUCH MORE IMPORTANT to you NOW than it was to them THEN...)
* How a 15-year options floor trading veteran taught his toughest student to date - his DAD - to trade options (and how this 72-year old, thick-headed Italian is making more money in the markets today than he ever has in his life...)