Sunday, February 22, 2015

Want to own your own business . . ?

Ever Wanted to own you own business?  Of course you have the majority of Americans have asked that question at one time or another.  They think that business owners make lots of money and have a easier life that what they have been dealt.  They see the local stores in there communities that seem to be doing very well and jet the US Government will tell you that the majority of business fail.  Why you ask?  Well it is a lack of several things,, business plan, site location, inventory control, the ability to hire and train employees, the inability to read a financial statement, being under capitalized, not planning for worst case situations, continued marketing, daily weekly and monthly.  I'm just getting started.  Of course you could buy a franchise and your odds of beating the US Gov. statistics would increase because the franchise has lots if not most of the systems and procedures already in place for there new franchise.  You lave to be able to multi task and be a lot of things that your really know very little about.  
So what about trading stocks for a living?  BIG IF? I know but when you analyze the top 7% of  professional traders that is exactly what they do.  There running a business, with hours, overhead cost, expenses, systems rules, procedures and capital. This is what I bring to the table because you see I have successfully build ,run and sold profitable businesses.  And my teaching style in the FastMoneyTradingRoom.com site brings all this together.

So how did we do for the first week in the Fast Money Trading Team trading room $1099 for the week did not obtain my weekly goal of $1250.  Slow Money Option Trading had 4 recommendations and all were winners the SPY call started out with a 13% gain but by the end of the day had lost more that 50% of its value and by following RULE #1 (when ever you make 50% of more in a day take the profits) closed it out at .05 cr. giving me an 7% gain, the Puts  closed out Friday with a 7% and APPLE calls gain of 6% and the puts gave us 4%.  What we strive to achieve on a weekly basis is consistency, If achieved will have great rewards down the road.

Come on let me teach you how to Fast Money Trade.  I have had hundreds students over the
years most are successful but not all.  Some are willing to learn and let me help them and follow this new way to trade.  Others are mired in their old ways and either won’t listen, thinking that they’ve a better way to do things.  All I ask is have a open mind listen and ask questions.  Making my daily goal of $250+ on average on a weekly basis will give me  somewhere around $60,000 year.  This sure goes a long way in supplement my retirement dollars and lifestyle. Please view my results.  This is a teaching site.

My results for the year are posted so you can see what and when I traded weekly. https:/docs.google.com/spreadsheet/ccckey=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&usp=drive_web#gid=0 
(SLOW MONEY OPTIONS)

https://docs.google.com/spreadsheet/ccc?key=0Aj-gjBJLwH3rcjJqRndVSlBzY2hNenM4YXZQT1FBZEE&usp=drive_web#gid=0 
 (FAST MONEY TRADING)


You know I had some good days and some bad, some good weeks and bad.  But I have a trading plan, goal and consistency in my trading and that is what I'm trying to teach you.  I believe each of you can do the same thing it takes discipline.   Remember me talking about trading/investing is like running a business? 






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I hope you will learn from my years experience as a professional trader.