Traders & Investors,

 

One thing I have continued to learn is master what you find that profits you. Around 9 years ago I discovered a trading and investing mindset that is like no other. I skipped the penny stock stuff just for the fact that the majority loses. And it shows. Sorry. It takes a special breed just like with any skill set, the ability to magically find what works, and abide by the same set of rules day in and day out to just keep getting better. 

 

This isn't going to be a penny stock article, so if that's all you're into, move along, skip over, click out of this, WHATEVER. 

Earlier in my days, I found "Superman", Tyrone Jackson, Jason Bond, Kyle Dennison, Jeff Bishop and many more. One thing they had in common was the ability to realize the market will always eat you alive if you're not on the right side, and understand how to pick up premium before anything else.

We see it in the casino's, where those walk in and slip in their coins, money, and literally just hope for a win. The Casino is huge, and it knows this! Just look around and see the glamour, the ritzy, the money involved building an empire sitting in a location that it knows will make it rich. 

That same mindset can be applied in options trading, and many do not even know it. Why buy a single share or shares when you can take money in first, hedging yourself into a position, and if the price drops, then get into the stock at a much cheaper price? Or, think of options selling (PUTS) as insurance. Insurance companies take in your premiums every month, as you're left paying out of pocket for something. So who's the winner? The companies!

In options, you understand the statistics, the risk, the reward, the end result, making it almost a win win, and more confidence going into any position. 

I'm not here to say stop what you're risking in penny stocks. If it's working, stick to it and master it. This is more for those having a hard time getting any profits. 

All of the guru's have mastered their skills by their mistakes. And it's eventually paid off big time. But I am seeing a lot of you struggling, and I simply want to help as well!

Stick to your rules, stick to what happens to work, and repeat. 

 

Good luck to you all in 2020!!!