We aren't perfect traders, but we try to make sure our winners more than make up for our losing trades. We aren't on CNBC everyday touting our market opinions, we aren't Harvard MBA's, we don't have 30 years of trading experience with a large well known firm..... and that, in my opinion, gives us an edge. Our minds aren't cluttered with extraneous information.
Our clean hearts and minds help us to employ some risky, and sometimes very profitable, option trades. I will be the first tell you I have many losing trades, but I will also tell you that one trade of out of the money stock options, can make your entire year. Look no further than $NUS earlier this year. The stock dropped from $139 to $70 in two trading days. I sent out a private twitter on the $130 puts I bought at $.60. They traded for over $60 each in the days ahead. $600 into $60,000 in two days had you bought at $.60 and sold at $60.
$NUS was a great call. Lucky I guess....
Again its not all peaches and roses... we do make some nasty, awful, money losing calls like $ANGI last in 2013 or $UNXL - while both provided some profits along the way, the bigger move in both never came to fruition.
We offer a window into our winning and losing trades here at optionmillionaires.com via a private twitter account.
We never claim to be perfect. We are mortal and make mistakes along the way. But we also have a knack for finding, and entering profitable trades before everyone else.
Here are my tweets this week. Not everyone was sold on a rally this week. It's worked out well for us.
While not every week will be this good, 2014 has been a very good year..... so far: