Welcome to Option Trading Strategies. The goal of my site is to show how anyone in the middle class can beat Wall Street using a simple, common sense option trading strategy I developed. I am not a professional writer and I do not work in the finance industry. However, I do have a burning passion for numbers, personal finance, the financial markets and options. This passion plus a ton of research and experience allowed me to finalize these option trading strategies several years ago.
I had three goals when I set out to create my option trading strategies. First, I wanted to achieve a double-digit annualized return. Second, I wanted minimal drawdowns while achieving double-digit returns in my option trading system. Third, I wanted to maximize my control and eliminate the variables and unknowns plaguing middle class financial plans. The typical middle class financial plan has an inherent reliance on external forces like employers, government, the economy and overall stock market performance. I wanted to minimize the effects those forces had in my family’s financial life.
I initially developed this trading system for my IRA because I wanted to take advantage of its tax benefits to help achieve my double digit returns. I knew buy-and-hold was certainly not going to accomplish my goals and I knew Wall Street was deceiving (friendly way of putting it) the middle class to make a buck. However, I couldn’t figure out what to do about it until my system finally came together. The control I felt over my IRA and financial destiny was incredible I was not subject to whims of the economy or the stock market as a whole. Up, down, sideways, quiet or volatile my system cranked out double digit returns with only small and infrequent drawdowns. I certainly wasn’t paying ridiculous fees to the uber-wealthy of Wall Street only to have them lose 40% of my money during the 2008 crash.
My taxable account was a different story. I floundered from one system to the next trading anything that moved like equities, commodities, futures and bonds. My systems would work until they didn’t and then I would craft a new system. Trading technicals or fundamentals, It always felt like I was guessing and hoping for the best.
In April 2011, the industry I worked in was shutdown very suddenly. Most of my coworkers took menial work to pay the bills or ran through their emergency fund looking for the perfect job. I went a different route.
Instead of messing around with different trading systems in my taxable account, I decided to use my IRA option trading strategy. Instead of reinvesting the profit like I did in my IRA, I would withdraw a fixed monthly percentage to replace my salary. I took the next year off and stayed home with my kids. I coached the local high school hockey team and read a lot of books. During this time, my family maintained the same lifestyle we were accustomed to and even managed to increase our net worth.
This was the financial freedom I never thought possible until I retired at 65+. It completely opened my eyes to the possibilities life has to offer when you’re not reliant on your employer, the government or Wall Street. The best part of this option trading system is there are only two, simple option trades you will make so I truly believe anybody can learn this trading system with a little study and effort. Learn all about my option trading strategies from my new options trading book now available at Amazon: “Beating Wall Street 1% at a Time”.
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