The Best Game in Town...
Posted by
Jeffrey Ziegler in
Uncategorized on
July 20, 2010 |
1 Comment
Whenever someone sends me a Credit Spread success story, I get fired up because I know they are well on the path to accomplishing their financial goals… and I just can’t help but share it with you all.
A member of my All Star Membership Site, Tony Monk from Canada, wrote in a few days ago…
Like most people, he tried a bunch of different strategies, and finally found...
One Response to “The Best Game in Town”
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Friday is Payday...
Posted by
Jeffrey Ziegler in
Uncategorized on
May 20, 2010 |
1 Comment
Today is Thursday, and with the weekend right around the corner, I am reminded of a conversation I had a few weeks ago with a non-options trader…
This buddy of mine complains regularly about having the most boring 9-5 job in the world, and on this day, he was going on and on about how much he loves his “Fridays”.
Just for kicks, I asked him why.
“Why?”, he said,...
One Response to “Friday is Payday”
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Tony Monk says:
Very well put Jeff, thank you.
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Greetings, I’ve spread traded much before, but have not been profitable in the long term. The thing I’ve discovered is that those who price options can skew the market to their favor, and against the retail option seller.
For instance, set up a bull put credit spread so that it has an 85% chance of success. Not much profit, but high chance of success. But when the market drops to the short strike price we’ve lost so much money as to wipe out a year or more of tiny profits.
I am considering signing up for a month with you to get your course, but could you address this issue first?
Thank you.