The Truth About Trading

Do you want to learn how I made $52,138 in 8 weeks trading options?

The Wheel Options Trading Strategy is a powerful trading strategy, & it can be fairly low risk if you know what you’re doing. I'll show you how it works & what you need to know before you start trading it. In this episode, I’ll give you a complete squad of trading tactics based on questions I received.

You might have heard me talking about "rescue missions" when a Wheel Strategy Trade is in trouble. In this episode, I will show you exactly what that means and also talk about more wheel strategy tips, e.g. trading the wheel option strategy, trading the wheel in a down market, and several the wheel option strategy example.

The Wheel Options Trading Strategy is a powerful way to generate income with options. The most critical part of this strategy is finding the best stocks. If you are trading the right stocks, THIS is one of the best trading strategies that I know. But if you are selecting the wrong stocks, it could be a disaster.

If you follow some simple rules and avoid these 3 mistakes, you can be in that minority of traders that actually makes money consistently in the markets. And if you are currently making one or all of the mistakes, I’ll also show you exactly how to fix it. So let’s dive in!

This morning I woke up and my account was down $25,000 ($18K at the time of this video). This is on a margin account with $500K in buying power. So in this episode, you'll learn what 3 common reasons why you can lose money with the wheel.

I’ve been trading for a long time, and over the years, I’ve learned different ways to make the most of my time. Today, I want to talk about three ways I boost productivity in my trading day by: using the PowerX Optimizer to quickly scan for long and short trading ideas, using my Wheel Income Calculator to find attractive premium collecting ideas, and having a trading plan and following that plan. In this episode, I’m going to break down each one of these and explain what they are.

Now that we’ve covered many of these strategies, I want to discuss which one is the best for any given situation.

Stock Trading vs Options Trading, which is better for you?

In this episode, I'm going to compare the two in a scenario with an account of $20,000. We'll go through different variables that might make you want to choose one over another.

When used correctly, margin can be your best friend & when used incorrectly, it can be a disaster. In this episode, you'll learn what is margin, how to open a margin account, and what is a buying power.