content top

False Assumptions are Killers...

There are two things that I hear on occasion that always make me laugh. Number one – This move up or down has to keep going because of such and such. Number two – This Market has gone too far, we are at a top or a bottom and it can’t go any further. When I find myself thinking such things, I do an immediate “check up from the neck up” because I know that I...


One Response to “False Assumptions are Killers”

  1. Frank says:

    I get the biggest laugh from these self proclaimed market experts who think they know which way the market is heading. Using Jeff’s coaching I’ve been making 10% to 14% a month in the markets simply by looking at what a chart is telling me, and laughing at all the talking heads out there.

Leave a Reply

Security Code:

The Big One That Got Away...

Living here in beautiful Colorado means that I run in to avid fly fishermen all the time. And, if you’ve ever known an avid fly fisherman, you’ve probably heard your fair share of stories about the “Big One that Got Away”. They play back those stories over and over again in their mind, and fantasize that “it must have been T-H-I-S big!” I would bet that “The Big One that...


3 Responses to “The Big One That Got Away”

  1. John says:

    Jeffrey

    I have one for you……Im still not over this one, I bought at the money puts on the DIA when it was 14,100 And I sold them when the Dow was just under 14,000!!! And we all know what happened after that. If I would have held…..I could have been retired!!! Lol that was a whale that got away … And whats worse I had it hooked!!!!

    I am right a lot but I don\’t let my winners run and I hold my losers way too long

    I watched your video on credit spreads….great stuff!

    John

  2. Steve Smith says:

    Just a quote I read in a Book one time that as stuck with me for years. ” There is only 6 inches that separate someone who doesn’t have 2 nickels to rub together and Bill Gates, or Buffet. The 6 inches between your ears. It All based on how you think about things… So True… So True…

  3. Kash says:

    Jeff,

    What books do you recommend on Options? I read “Get Rich with Options” by Lee Lowell. It’s a great book. Thx

Leave a Reply

Security Code:

The Six Deadliest Mistakes Traders Make...

Over the past several years that I’ve been coaching traders… I’ve been asked a bunch of times what separates the “wannabe traders” from the Pros, who actually make real money in the market. And I usually answer by giving the six things that loosing traders do to sabotage their trading accounts… and ruin any chance they have for profit. Well, I’ve put together a...


Leave a Reply

Security Code:

Anxiety Clouds Judgement...

At some point, every trader will take a loss. And I discovered long ago that if I accepted my losses and moved on without serious soul searching, I would not reach my full potential as an Options Trader. Things happen in the Market that are outside of my control. But those trades don’t concern me, as I prepare for the next trade. The trades that really turn my stomach inside out are...


One Response to “Anxiety Clouds Judgement”

  1. Connie says:

    Thanks for the insight Jeff. This really helps to put things in perspective. I’ll definitely try the visualization technique.

Leave a Reply

Security Code:

Will You Outlast Your Money?...

A couple days ago, I was getting my morning caffeine fix (I LOVE a good cup of coffee) while reading the daily financial news, and I stumbled across an article that gave the reason the large majority of people will retire poor (or “Outlast Their Money”)… … and how to avoid ending up in that category. It said stuff like, “26% of Americans have $1000 or less saved for...


One Response to “Will You Outlast Your Money?”

  1. Steve Schmidt says:

    Good but worrisome situation as you described in the the above. I’m working on a good retirement by saving and investing. Been doing covered call options for years now, but your course on Credit Spreads has opened up new roads to an even better retirement. Just wanted to say thanks.

Leave a Reply

Security Code:

« Previous Entries