Archives October 2023

TRADING WITH INSIGHT: Question #6 What Does “Trading With Insight” Mean?

When I first started trading, I struggled… A LOT! All of the strategies that I was learning and trading were very much opinion-based, and not so much data-driven. I was using moving averages, momentum indicators, volume indicators, etc. to form an “opinion”. It was a very stressful way to trade! I was literally placing trades based off of my emotions and what I “thought” the market was going to do, instead of just letting the market tell me what it’s likely to do.

It was so frustrating and overwhelming, that I eventually just stopped and thought to myself – “…how do I take my opinions and emotions out of my trading? How do I let the market TELL ME what it’s likely to do??” And that’s when I developed my own trading process that I like to call “Insight Trading” also known as “Trading with Insight”.

This process of Trading With Insight is taking the INSIGHT that the chart gives me and then TRADING based on that insight. So what is the “Insight”? It’s simple… win rates! If I see that stock XYZ has a high win rate for bullish trades recently, then I’ve just gained some valuable INSIGHT that I should be TRADING bullish setups on this stock. If I see that stock ABC has a high win rate for recent bearish trade setups, then I now have some great INSIGHT telling me that I should be TRADING bearish trades on this stock. Make sense?

So how exactly do I get that insight? Well, I’ve designed this game-changing tool called the Insight Indicator that automatically finds and calculates these win rates for you. So you literally just look to see which setups have had the highest win rates lately, and you can choose to trade them. It’s literally that simple – you don’t even have to look at your stock charts AT ALL!

You can get this indicator, PLUS our Targets Indicator to compliment it, PLUS our full training course on how to use options to trade using these indicators, PLUS our fully loaded chart layouts PLUS a whole lot more! Check it out —  https://start.TradingWithInsight.com

50% Profit for Nike Trade

Nike has a decent 75% win rate for our Monthly Neutral trade strategy. We opened the trade on September 18th with high hopes! We knew that there was going to be an earnings announcement mid cycle, but Nike was performing “well” during previous earnings, so we weren’t worried. Price did push down immediately following our entry, but our Insight Indicator showed that it wasn’t anything to be concerned with. Fast forward 11 days to the day after the earnings announcement, price jumped back into our range and gave us an even 50% profit. Depending on your account size you would be looking at:

– 1 Contract Traded (for really small accounts) = $104 Profit

– 5 Contracts Traded = $520 Profit

– 10 Contracts Traded = $1,040 Profit

– 20 Contracts Traded = $2,080 Profit

Interested in knowing how to place these trades? Check out our training – https://start.TradingWithInsight.com

BREAKING NEWS: I’m Quitting Trading!

I’m finally quitting!… Well, sort of, but not exactly 🙂

Here’s the thing: there are two parts to trading for income. The first part is analyzing your charts and finding trade setups. The second part is entering and managing your trades. You guys already know how much I enjoy analyzing charts and trades, finding trade setups, strategically searching for the best entry criteria, etc. That’s always been my passion in this trading industry: ANALYZING! The second part of trading (…managing trades) just isn’t as exciting as it used to be for me.

So, after working with stock options for several years and truly realizing that it’s the analysis that I enjoy about trading, I decided that I wanted to make a change! I wanted to be able to put all of my efforts towards analyzing by (1) teaching others how to analyze charts to find trade setups and (2) analyzing charts for those who don’t want to do it themselves.

So, over the past year, I’ve been slowly transitioning from just being an options trader to being a fulltime stock options analyst and coach. My primary focus is on helping you with your analysis and trading through our training course, custom trading indicators, membership, coaching program, consulting sessions, and running trade simulations!

And yes, people have been wondering if I can still teach others how to trade if I myself am not trading as much anymore… And the answer is ABSOLUTELY! That’s the best part! The options strategies that I’ve traded for income AND the custom indicators that I’ve created for these strategies are evergreenso I’ll always be able to trade them and teach them to anyone who wants to learn. Just like riding a bike – once you get it, you’ve got it!

And in addition to all of that, the truth is that the number of people that I could help far outweighs the number of trades I could ever place. So it’s really a win-win for all of us! It’s certainly not the journey I thought I’d be on when I started trading, but now that I’m here, I realize that this is exactly where I am supposed to be!