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Showing posts with label Bill Poulos. Show all posts
Showing posts with label Bill Poulos. Show all posts

Wednesday, December 3, 2008

Forex Training Videos from Bill Poulos

Bill Poulos has now released three Forex trading videos in anticipation of launching his Forex Income Engine course. I have seen the course, after pulling some strings with Bill to get an advanced copy of it. Pretty awesome stuff, and if you're thinking about it I wrote up a detailed review.

But that's not the purpose of this post! Three totally free Forex training videos is the reason for this post...

I just figured why make it hard on you to find 'em, so here's all three...




All three training videos are currently available for free viewing and will load automatically, at least until they're pulled off the server. Just take advantage of them while they're available.

Enjoy!

Christopher Smith
TheOptionClub.com

Thursday, September 18, 2008

Washington Mutual And The Big Independent Brokers Endangered

The futures are suggesting we'll see a little relief this morning, but keep in mind that we are going to continue seeing some turbulence in this market.

Washington Mutual has now put itself up for sale, following in the wake of Lehman Brothers, Merrill Lynch, and AIG. The failing thrift has hired Goldman Sachs to help find a buyer, with interested parties potentially including Citigroup, Wells Fargo, J.P. Morgan Chase, and HSBC.

Now, Morgan Stanley and Goldman Sachs Group are the last two remaining big independent brokers but Morgan Stanley is reportedly looking for a merger. You'll remember that Bear Stearns collapsed earlier this year, Lehman Brothers recently filed for bankruptcy, and Merrill Lynch shook hands on a deal to be acquired by Bank of America. With Morgan Stanley looking for a buyer, that would leave Goldman Sachs as the last remaining large independent broker. Can they survive?

I doubt that anyone saw this coming, at least not to this extent. The market's reaction has been turbulent and a lot of people are feeling the pain.

Over the last couple weeks, I've been posting links to materials that demonstrate now only how to survive these types of market, but how to actually prosper and grow your wealth when everyone else is feeling the pain.


These training materials are all available at no cost, but will not be available in definitely. So, I encourage you to take advantage while you can and download the material now.

Christopher Smith
TheOptionClub.com

Wednesday, September 17, 2008

AIG Bail Out, Lehmans Remains, WaMu's Last Days, And You Prospering From It All...

Everyone who can, seems to be making a deal.

Insurance Carrier AIG Rescued By The Fed

Somehow, AIG was able to negotiate a federal bail out on the heels of the government turning it's back on Lehman Brothers. Apparently, AIG is just too big to let fail.

The Fed is extending an $85 billion dollar loan to AIG, but it ain't cheap. The loan is for just two years and carries a rate of 8.5% over LIBOR, plus the U.S. Government takes a 79.9% stake in the company.

AIG's CEO, Robert Willumstad is being shown the door, and will be replaced by former Allstate CEO, Edward Liddy.

Barclays Feeds On Lehman Carrion

Like a vulture swooping in on a dying prey animal, Barclays is gorging itself on the vitals of dying Lehman Brothers. In exchange for $1.75 billion, Barclays will purchase Lehman's assets, including its North American investment banking operations as well its New York headquarters and two data centers.

Washington Mutual May Be Next

It is being reported that JPMorgan Chase is a potential buyer for the ailing thrift. WaMu has seen its stock price battered as it slumps under the weight of a deteriorating loan portfolio. It's best bet to avoid liquidation is to find a merger partner.

Turbulent Markets...And Opportunity, Ahead!

If you spend any time in the office break room, you're likely to hear co-workers lamenting these difficult economic times, languishing investment portfolios, and an uncertain future. Get your coffee and move on because you do not want to fall into that mindset.

Tough times bring opportunity for those courageous enough and savvy enough to avoid despair and panic, and take advantage of the opportunities that present themselves. There are people making money in this market right now.

Free Trading Report And Video Training Materials Available

My friend and trading mentor has compiled some fairly extensive training materials that he is making available to traders on a complimentary basis for the next few days. The report is ready for download and the videos are being released on a daily basis.


These materials are intended to demonstrate how you can not only survive tough economic times, but proper during them. Take advantage of them while they are available.

Christopher Smith
TheOptionClub.com

Sunday, September 14, 2008

Lehman Heading For Bankruptcy

Bank of America and Barclays were Lehman Brother's best, and probably last hope for a deal to unload the faltering 158 year old financial firm. According to reports over the weekend, that deal is falling apart.

Understandably, Bank of America and Barclays do not want to take on the risks being carried by Lehman Brothers without some form of government guarantee. Those guarantees appear to be in short supply now that the U.S. taxpayer has already signed up to bail out Bear Stearns, Fannie Mae and Freddie Mac.

The bailout of the two GSE's alone are expected to cost more than $200 billion.

Lehman's History

Lehman Brothers got its start about 158 years ago as a cotton trading firm in Alabama, and then grew itself to a financial giant. It was the third largest U.S. brokerage, behind Goldman Sachs and Morgan Stanley. The firm's mortgage business was wildly profitable during the recent housing boom, but proved to be the firm's Achilles' heal in the ensuing credit debacle.

Bankruptcy Filing By Lehman Brothers Expected

With Barclays and Bank of America taking a walk and the apparent absence of any willingness by the government to finance a bail out, it appears increasingly likely that this firm will be forced into bankruptcy. The risk of a forced sale or bankruptcy is that Lehman's bad assets will effect the still performing assets of other firms.

More Financial Firms Likely To Fall

Other potential victims of this credit crunch? Concerns seems to be rising with regard to Washington Mutual.

Also, on Friday, insurer AIG, which may see its rating cut by Standard & Poors, said that it is reviewing its business and that "everything is on the table." The popular theory is that the insurer is looking to sell off portions of its business to raise capital and avoid what would likely be a crippling downgrade.

How To Protect Yourself From This Broadening Debacle

This credit crisis is broadening, boys and girls. If you're in this market without a sound exit strategy you may find yourself joining these troubled financial firms.

Risk management is critical to our success in these markets. Yes, we need to learn about the markets and learn about options and how to use them to effect our plans in the market. Just as important as that foundation, we must also learn how to structure our trading portfolio to avoid being over leveraged and to design our trading plans and systems to adjust or exit our positions when the trade is not working out as we had planned.

Free Trading Videos Reveal Common Mistakes Being Made By Traders

The person who taught me the importance of risk management and how to apply it in the context of a trading system is Bill Poulos, a 30+ trading veteran.

In appreciation for what he taught me and for those who could also benefit from his guidance, I put together a Squidoo lens that provides free video interviews featuring Bill speaking on the subject of risk management.

Tumultuous markets always present trading opportunities. Spotting those opportunities is only part of the solution to prospering in tough times. Another key element is avoiding the mistakes so many others make.


Take the time now to view these five videos, now...

Christopher Smith
TheOptionClub.com

Thursday, September 11, 2008

Bill Poulos Trading Interview Videos on Squidoo

Yesterday, I posted a video interview of Bill Poulos who shared some insights. That video was part of a series and I've not got access to all five videos.

But, instead of posting them all here, I created a lens on Squidoo. So, check out the Bill Poulos Trading Video Interviews on my new Squidoo page.


If you find something useful there, all I ask is that you rate the page.

Thanks, I appreciate it.

Bill Poulos Market Mastery Video

Today I have the first part of a five-part interview series featuring my friend and trading mentor Bill Poulos. The video is called "Mistakes Traders Make" -- and it's simple, easy to understand, and incredibly powerful thinking.

In this first interview session, Bill was asked about the mistake that people make by trading stocks (or Forex, or anything really) when they shouldn't. Bill's answer is so...simple - So simple, you'll probably ask "Why didn't I think of that?"



I'll be posting additional videos between now and Saturday, so be sure to check back here.

Wednesday, May 7, 2008

How To Get An Edge In This Market

Well, the DJIA made it above 13,000 last week, surrendered that psychological price level early this week, and now we're back above that mark.

As I've been saying all year, this is a difficult market in which to make money. There are those who are doing it, though.

How do they do it? It's all about having an edge...

This Thursday, May 8, 2008, at 6:00 p.m. PST (9:00 p.m. EST) Bill Poulos is hosting a complimentary one-time web-seminar. During the presentation he has promised to reveal a simple, but highly effective method that provides such an edge:


If you would like to attend, just use the above link to register and reserve a seat for yourself.

Also, whether you can attend or not, you may also want to download the following report:


The report addresses several key concepts such as how to evaluate a trading method to determine whether it provides you with an edge. (See, p. 6.) Learn a simple but effective method to determine the profitability of a trading method. (See, p. 25.) Quite a bit more is covered, too.

Bill will pick up on these, and other concepts, in his live presentation. It's all about learning how to identify when you have an edge...and when you don't.

If you can make it to the presentation, Bill will cover all of these concepts and you'll also enjoy a rare, live Q&A session with Bill.

...BUT...

"Seating" for this event is limited. The web-conferencing platform can only accommodate so many attendees. If you're interested in attending, you'll want to save a spot here:


Once registered, you will receive a password that will give you access to the event this Thursday.

Trade well, mind your risk, and see you on Thursday evening!

Christopher Smith
TheOptionClub.com

Friday, March 28, 2008

ETF Profit Driver Trading Methods Revealed

Bill Poulos' new course is getting lot's of attention. I know what you're thinking about that, too.

Is this a big deal? Right?

So, I've been using every spare moment I have had over the last few days to work through the advanced copy of the course that I talked Bill into sending over to me. I've been up to 1:00 a.m. one night, 1:30 a.m. the next...

The reason I've been doing this is to get a full review out, before the course goes on sale, so you know exactly what this thing is all about.

I have to be honest about the course, and I'll tell you that my guess is that far too few people will pick up a copy. I'm serious about that, too.

There are two mistakes that I see made over and over and over. They're made by novice investors as well as some seasoned traders who should know better.

Those mistakes are 1.) trading without a plan, and 2.) taking on too much risk.

If those same people who have been guilty of making those mistakes picked up a copy of Bill Poulos' ETF course and really gave it their attention, I don't think they'd ever make those mistakes again.

The course is solid. It provides a good background on ETF's and trading fundamentals. Bill then walks you through four trading methods in step-by-step fashion.

Why four?

Keep in mind you're only trading the ETF's to the upside. You can get bearish, but trust me even then you're just trading upward trending funds.
  • One method is designed to identify and jump on board break outs. This is the start of a new trend.
  • A second method puts you into a trend that is already in place and moving forward. You're just jumping in at a point of relative safety.
  • The third method comes into play after that new trend has experienced its first real consolidation, pulling back to support. That's were you'll get in for further upside.
  • Once the trend breaks down, the fourth and final method positions you to get in as the upward trend re-emerges from the consolidation. If you're familiar with Elliot's Wave Theory, think a Type 2 trade as the market transitions from a Wave 4 to a the impulse Wave 5.
This is well suited for retirement accounts, educational accounts, etc.


I know that I promised a complete review, and I finished it last night. Take a few minutes and give it a read because I go into the course in quite a bit of detail. Feel free to send me any questions that you may have, or just post a comment here on the blog.

Christopher Smith
TheOptionClub.com

Tuesday, March 25, 2008

ETF Profit Driver Review

We had some significant gains yesterday. That's the second day in a row that we saw buying across the broad spectrum of the market.

Volume was off yesterday, as compared to Thursday, but keep in mind that Thursday was options expiration so some fall off in volume is only natural.

Nonetheless, the trend on the charts is still negative. I believe the major indexes have all re-taken their 50-day moving averages, but I'm still looking at a downward sloping trend line that must be broken if this now confirmed rally is to turn into something meaningful.

With the upward surge, I took the opportunity to sell some call premium. I may have to buy those shorts back if this rally pushes higher, but I'm playing the established trend. I do have hedges in place so if we do see the market run I should still be okay.

Preview Of ETF Profit Driver

I will be continuing our educational video series, but today I have other news. Next week, Bill Poulos is releasing his ETF Profit Driver course. Almost all of my trading and investing now centers on Exchange Traded Funds, so after reading his report I was very interested in this course.



ETF Profit Driver Preview Site

Bill and I go back a few years now. I got in touch with him, basically told him I wanted an advance copy of the course so I could dive into it and provide my members with a product review before it releases. We worked it out and I'm plowing through the material now...

A full review should be ready by the weekend. What can I tell you so far?

The course focuses exclusively on Exchange Traded Funds that are moving higher in value. There is no short selling, so you don't need a margin account. That means its good in an IRA and most 401k plans that give you a brokerage option.

ETF Profit Driver is designed to put you into trades at relatively safe points, when the underlying fund is trending higher. There are four distinct entry methods, so if you miss the trend when it first emerges you have three other methods of jumping on board at times when the odds are in your favor.

Where the course really distinguishes itself is in its well documented money management methods. Every time you open a position, you know exactly where to place your stop to limit whipsaws while effectively preserving your capital.

As the trend develops, you want to adjust that stop so that you effectively lock in profits while still giving the market room to move consistent with its established trend. ETF Profit driver provides explicit instruction on how and when to make those adjustments.

Finally, all good trades must come to an end and preferably conclude before a profit turns into a loss. The profit exits are designed to do just that and are also detailed within the course.

The end result is that after mastering the course materials, you will have what amounts to a fairly conservative "all weather" trading system.

You're trading ETF's, not individual stocks. You're not day trading or selling short. Capital is only exposed to the market when there is reason to believe that the probabilities are in your favor. Most importantly, you have a detailed plan for limiting losses.

Once I get the full review done, I'll announce it here on the blog so check back. I will also be continuing with those video trading lessons, another reason to stay tuned in.

Wednesday, November 7, 2007

Federal Reserve, Interest Rates and Market Resposne

Late yesterday, I received a brand new trading video from Bill Poulos but did not get a chance to take a look until this morning. Once I did, I thought you would want to watch it too.

Bill recorded it for his readers because of the Fed's recent decision to drop interest rates, and in it he debunks a common trading myth that could really cause your portfolio to tank if you're falling for it.

As always with these complimentary videos I'm not sure how long he'll keep it active, so be sure to check it out here:


The video should load automatically, without any need to log in.

Enjoy.

Trade well,

Christopher Smith

Wednesday, October 31, 2007

Halloween Trading Report!

It's Halloween and I got to see all the kids dressed up in their costumes heading off to school. It is so much fun to see how excited they get. Even the scary costumes are too much fun...

The scariest thing today is the Fed announcement!

Bill Poulos is in a holiday mood, too...

For a limited time he is making available his rather popular report, "Profit Pulling Swing Trading Principles."

The idea is to help folks like you and me spend a little less time looking for trades. He is providing complimentary access to the report, which reveals concepts to:

** Shave hours off your trading routine...

** Identify the "sweet spot" of a trend, which provides the greatest potential...

** Where to place your stop loss (It's not where most traders place it...)

** Reveal why selling short can dramatically boost returns and why long positions can often be more risky that short positions...

** Remove the guess work from your trading and reduce your trading related stress...

There are many other tips shared by Bill in this report, but he is only making it available on a complimentary basis for just a few days.


Happy Halloween!

-Chris

Tuesday, July 10, 2007

Instant Profits Swing Trading

Swing trading is a strategy designed to take advantage of the market's natural tendency to pull-back or correct after a directional move.

For example, a stock may run up several points. Investors see an opportunity to take some profits and the stock's price sags as they sell off their shares. Once that round of profit taking is over, buyers take over and push the stock's price higher.

Simple concept, but difficult to apply... If you don't know what you're doing, that is.

I am a huge fan of Bill Poulos' swing trading courses. I personally have three of his courses and have become a better trader with each one.

The reasons I like his courses are threefold: 1.) Bill really knows swing trading, and he should because he's been doing it for a long time; 2.) the courses and trading systems described in them are well designed and are completely solid in what they teach; and 3.) they are much more affordable than the multi-thousand dollar seminars.

Talking about affordable, here's a chance to save $100. Plus, I'll sweeten the deal with an additional bonus.

Bill Poulos is offering a deal on two of his courses. Instant Profits is the first swing trading course I owned. He offers a companion course called Super Divergence Blue Print.

Right now, if you buy one of those courses you can pick the other up with a $100 discount. Here is how the deal works...

If you buy Instant Profits using the link below, on the 'thank you' web page that you see after you purchase, Bll has placed a special link that will let you save $100.00 off of his Super Divergence Blueprint course - and vice versa.


I think the $100 discount is pretty generous, so I wanted to pass that along to you.

But wait, that's not the end of it. I am throwing in a bonus, too!

If you decide to purchase the two courses, or even just one, using one of the links above, forward a copy of your receipt to me and I will provide you with an audio recording to help you adapt Bill's swing trading systems for use with options.

Also, if you want more information about Instant Profits or Super Divergence Blue Print, I have reviewed both systems. Use the links below to read the published reviews...


So go ahead and discover each course at the above links - but remember... to save the $100, get one course, and then get the other from the 'thank you' web page to lock in your deal. When you get your confirmation e-mail, hit the forward button and send a copy to me. I'll send you a download link for "Swing Trading With Stock Options."

Good trading, folks!

Christopher Smith
TheOptionClub.com