What If This is True?...
Posted by
Jeffrey Ziegler in
Uncategorized on
June 25, 2010 |
9 Comments
Yesterday, I was reminded of a simple yet profound lesson I learned from Napoleon Hill… that had a huge impact on the way I trade.
He once said,
“Seek counsel. Not Opinions. Opinions are usually based off a lack of knowledge. Counsel is based off wisdom and experience.”
Every single time you flip on the TV, or surf around on one of many financial sites online, you are...
9 Responses to “What If This is True?”
Leave a Reply
DOW 10,000...
Posted by
Jeffrey Ziegler in
Uncategorized on
February 9, 2010 |
1 Comment
Share and...
One Response to “DOW 10,000”
-
Dan says:
Is it still possible/advisable to buy credit spreads in this market when it seems like there may not be a bottom in the market for the time being?
Leave a Reply
|
||||||||
I will just ride the exculator weather its going up or going down.
Jeffrey,
I spent the last 6 months of 2009 studying what is really going on and have sources that you should evaluate in order to best protect your family.
Please send me your e mail address, and I will send you some extremely important information for your evaluation.
Jack Fraley
I bought 20 Gold Eagles the first part of this year. The last two months most of my option spreads have been Bear Calls. I own long stock position in TZA. Am I bearish? Yeah, until I get some other indication to reverse my outlook.
I have taken your course and apply what I have learned, although I usually take a slightly lower probability (more risk).
I also trade Calendars, Iron Condors and a few Butterflies.
Jeff
Hi Jeff- it is music to my ears to hear that you subscribe to the same ideology I have about our economy and where it is headed. I have been preparing for global economic chaos/collapse for a long time. I still have a lot to do, but one of my main goals is to become wealthy in the process, and be able to preserve it for my family – which is why I decided to subscribe to your service.
I believe that times like this make & break fortunes- I intend to be on the “making” side of the equation with your help. I have already pre-positioned about $35,000 of my investment account with OTM long calls in FAZ, SDS, TZA, & SRS. I know this is the kind of speculation which you capitalize on, but it was already in place before I signed up with you, so I’m betting on the long shot for a huge score by Jan ’11 option expiration. My plan is to take my seed $$$ out asap & if the market tanks I will reap millions on their dime.
Although my learning curve is steep because I do not have chart reading or TA skills I would like to be up to speed with your program asap so I can manage my investment account to great wealth. What do you recommend? I have also been taking physical possession of gold & silver trying get prepared for hard times. Where are we supposed to protect our wealth when the dollar collapses?
I live in Prescott, AZ & would love to attend any workshops or meetings which you sponsor to meet you.
Keep up the good work!!
Brian Mounsey
Heavy in cash, little bent more to the downside with inverse funds, equities on the long side that I have left are dividend payers with OTM options sold against them-considering switching to closer strikes or ITM sold call options. Problem is I feel most everyone knows the conditions in the world;however it comes to this HFT and the BS the government pulls it makes it a little hard to get overly exposed on the downside because someone somewhere is going to pump up this market regardless of conditions-apparently today is short covering before the weekend;however we are not at closing yet.
My best alternative is to short the ES, YM and commodity currencies.
I agree. It appears we have some tough times ahead and need to prepare immediately to generate a steady, reliable income streams. My immediate plans and activities involve rewatching the trading video’s learning TOS trading platform’s analyze tab and prob of expiring graphs and start paper trading the watch list next month.
Sell bear calls when a major break of support occurs or when confirming from a bounce down off resistance that was previous support – also buy puts on the index eg SPY to protect all your positions.
I have not started preparing yet. First I would like to get started by trading. Listening to your intro.to credit spreads makes so much sense, I cant wait to get started. Ive just got to get my finances in order now because of my past failures with options. I am ready to try something that is consistent an steady.Please comment on any suggestion you may have with getting started. Thanks! Maurice