In case you missed it, yesterday I announced a new contest to win a copy of my new home study course called The Trading Trainer’s Option Profits Success System.
This course will sell for $1,997, so this is a big value. In fact, since I announced the contest 24 hours ago, there have been 242 entries!
Naturally, I didn’t want you to miss out, which is why I’m writing this blog post. To enter the contest, all you have to do is answer the two questions I’ve published here…
Click Here to Enter the Contest for the Home Study Course >>
Nothing ruffles feathers of some traders more than bringing up the mystical Fibonacci series! Let’s take a closer look…
I’ve found that Fibonacci Price Retracements are a very popular topic in all trading communities (whether they’re subscribed to or not). Volumes of books have been published on how to use them in futures, Forex, equities, and whatever else that can be traded. A Google search last night on Fibonacci Trading came up with 195,000 hits, and 593 books. So there is a lot out there to choose from if you are more interested.
I find it curious that with this much attention being paid to Fibonacci Retracements, is there some actual magic in the technique, or is it a phenomenon made real because many traders make trading decisions because of them? Read the rest or post a comment »
I’ve collaborated with my mentors, my peers and dedicated members of the Trading Trainer community about my findings in this post, so please read it carefully.
I’ve been asked recently, more than once, about when our directional strategies will become as reliable as they once were when they were returning profits over 100% ROIC.
Of course, those of you that have been following my blog posts and Trading Trainer for some time probably know already what my knee jerk reaction to that question will always be. That is, we’ll know when the trend is once again our friend when the charts tell us so.
So, let’s take a moment and dissect what “milestones” I am looking for in Read the rest or post a comment »
Are you interested in trading Forex? Or, do you already dabble around with trading Forex?
I just received an email alert from a mentor of mine who not only trades stocks (you’ll see “flavors” of his stock teachings wrapped within the Trading Trainer system) but really does well trading Forex.
The subject of his email was, “A.J., buddy… I bet you’ ve never traded Forex like this…”
Read the rest or post a comment »
Are you skeptical? You should be. In this day and age, I believe it’s important to test and prove for yourself the effectiveness (or ineffectiveness) of different strategies.
Take the counting method to determine a market bottom, for instance. Since I originally shared this method, a handful of people have questioned its ability to predict a market bottom.
And rightfully so.
Case in point: The counting method has been satisfied twice since the September break-down… and yet the market has continued to fall anyway.
Read the rest or post a comment »
On Sunday night, March 15, at 9 p.m. Eastern, I’ll be hosting a special training webinar to answer any questions you may have about the Black Box or covered call writing in general.
I’ll be hosting this call with my friend, real estate investor, and Black Box member, Paulie Sabol. If you’ll recall, Paulie is the same guy who’s been making up to 23% ROI every month using my Black Box system to write covered calls.
Both stock and option traders, as well as real estate investors, should find this call to be very valuable since we’ll be answering questions YOU have — and we’ll both be answering them so you get multiple perspectives from guys who are actually making money right now in 2009.
Read the rest or post a comment »
3/08, 1:11 PM: We’ll, it took me longer than I thought to pick the BIG WINNERS and so I’m announcing it a little later than planned. The entries were just so gosh darn good, it was hard to choose. Sorry about that. But, here we go with the BIG WINNERS…
But before I do that, let me just thank every single one of the participants for their heartfelt comments. There are so many deserving winners…
Okay, I have to tell you I had a really hard time picking the BIG WINNERS by myself. I had my right hand woman here at Trading Trainer support, Laura, help me pick the THREE BIG WINNERS. Laura and I slaved through the entries.. Ultimately we found found our winners.
So are you ready? The BIG WINNERS are being notified as I type this, and HERE THEY ARE…
Read the rest or post a comment »
Well, it’s been a long time since I did any kind of giveaway, and I thought it was about time to give away some memberships.
So I just set up a brand new contest where I’m giving away three memberships to my Black Box Easy Money System — the same tool I use to write covered calls and make 3-15% every month.
Each membership has a value of $244.00. And all you have to do is answer 2 questions by leaving a comment here on my blog. Go check it out here…
Read the rest or post a comment »
An anonymous reader says, “My question is what stocks should we use for the covered call strategy? As we all know, even blue chip stocks such as LEH and AIG could go down.”
This is a fantastic question. (Yes, even blue chip stocks can decline in value, so this is a legitimate concern.)
And yet unfortunately it is a question I cannot answer definitively here on this blog. Here’s why…
Read the rest or post a comment »
For the past few years I’ve been writing covered calls and making 3-15% every single month.
It’s a relatively simple strategy with predictable results. So I use it regularly.
Anyway, I finally had my programmer automate the process I use.
Now the covered call writing tool is done, and I’m getting ready to let a small group of traders have access to it.
Read the rest or post a comment »