One of the most important things the Secret Trading System teaches you is how to build a portfolio which you can use to build wealth. Far too many people concentrate on a single position or a single trade instead of creating a balanced portfolio. Some of the types of trades found in a balanced portfolio include double calendars and iron condors.By simply buying a call or a put, you’re putting yourself in a situation to lose money.
Remember the three rules of options trading.
1. Prices will fluctuate
2. Options will expire
3. Don’t lose money.
These three rules are key to generating a consistent monthly income and building wealth, all while minimizing your risk to reward ratio as much as possible.
The Secret Trading System is designed to give you the step-by-step instruction you need to build a balanced portfolio, monitor your positions, and make adjustments as necessary. All three of these steps are equally important. If you don’t build a balanced portfolio, you’re putting yourself in a situation where you are very likely to lose money. If you don’t monitor your positions, you won’t see when you need to make an adjustment to turn a bad trade around. Without adjustments or perfect timing of entry and exit, you will simply watch as your profits are lost and potentially, your initial investment, as well.
Real profits are made from adjustments on positions that work together. This is where many traders leave a lot of money on the table. They put on individual positions and don’t understand how they will affect your overall portfolio. The key to making money is diversification in time frames, strategies, and prices. This is why you must look at your overall portfolio instead of just individual positions.
The Secret Trading System isn’t designed to make you a millionaire overnight. Instead it is designed to give you the knowledge, skills, and tools necessary to generate a monthly income and build wealth over time. We’ll show you how to spread your risk over several indexes, but also how to use the expiration dates to maximize your profits. Most profits on options trading are made in the two week period between three weeks and one week to expiration. However, if your position isn’t looking so good, you have time to make adjustments to turn it around.
The Secret Trading System allows you to build wealth through a balanced portfolio, rather than individual trades. This will be the basis for generating a consistent, monthly income.
