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The 1 Reason Why Most People Never Become Successful at Anything and How to Solve the Problem

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Day 12 of Trading the $500 to $10,000 Challenge.

Today, I want to talk about my defeat.

I started the day with 5 minutes of scanning for patterns to play. I found the perfect setup for United Airlines today, and I knew they were going to hit $27 in my head. The stock price was trading at $26.58 on the opening bell. (You can replay day 12 from the  Live Stream)

I went ahead and purchased three $27 calls with the expiration date of 5/1/20 for $102 each. I spent $306 for this position. My plan was to make a day trade, and all of my day trades always shoot for 50% winners and above.

The stock chart followed my 5 elements and I knew that this one was going to be a winner.

While entering the trade, I saw that there were a couple of people shorting the stock in the morning, and I somehow doubted myself and I tricked myself into getting scared that I was wrong.

My $306 position became $280, then it became $260, then it became $180, and I let fear grow in my mind, even when I knew the direction, the trend, and the momentum of the stock.

I ended up stopping out of the trade at a $100 loss.

A long story short, at about 1:30 PM CST, UAL stock hit $28.24 and stayed at that price point for a good 20 minutes.

I realized, had I believed in myself, I would have turned that $306 into $538. But instead, I ended up walking away with $206. (We will learn from this mistake and grow from it together)

The moral of the story is to always have confidence in yourself.

If you ever get a chance to talk to a multimillionaire, many of them express great confidence in themselves.

Confidence is simply the expression of competence.

If you are competent and sure of your skills, you know exactly what you are doing, you take risks without hesitation, you make decisions without hesitation, and you will always end up having the best results.

Let me dumb this down for you guys.

Say, there is this really pretty, super attractive girl – right?

If you were a confident person, you would go up to her, talk to her, and get her phone number.

On the other hand, if you were a person who was lacking confidence, when you go up to the girl and ask her for her phone number, you may shake a little bit, you may stutter, and you may act and sound a little creepy.

Think of this from the girl’s perspective.

The girl would most likely not want to give the creepy guy her phone number.

The girl is going to give her phone number to the confident guy.

I want all of you to become more confident in yourself and become more competent in your skill set. It doesn’t matter what you are doing, you need to trust and believe in yourself.

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

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Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

The Ultimate Battle Tested Strategy to Win Against a Market Full of Uncertainty Made Simple and Easy

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Hey guys, today is April 25th, 2020!

I have been collecting data, and conducting my own market research on the stock market for the past 3 weeks.

There is a lot of uncertainty regarding the direction of the stock market, and that seems to be an obstacle for a lot of traders. I am going to present my ultimate battle tested strategy in this article.

This strategy is the absolute conclusion of my experience within the past 3 weeks. I have been testing these strategies with real money and paper trading. I have conducted about 100 trades in the past 3 weeks. As an experienced trader, I have absolute confidence that these conclusions will hold true, and I will continually test them in the weeks to come.

A Chinese general who helped conquer the Qing Dynasty said one thing that I will always keep in my mind,

” If your battle strategy has worked in the past and it is currently failing, it doesn’t mean that your battle strategy doesn’t work. It means that the timing and execution of your strategy needs a slight alteration”

Let’s dive in.

There are two things you want to view before beginning your trading day. I highly suggest that you view them prior to the opening bell. These two things are the VXX Barclays iPath of volatility, and the SPY SPDRs ETF S&P500. The tickers are simply VXX and SPY.

The VXX should start declining as the SPY is increasing. The opposite holds true if the SPY is decreasing.

Let’s take a look at these two charts:

Source: thinkorswim
Source: thinkorswim

Based on all the trading elements depicted in my videos, you can see that as one goes down, the other goes up. This holds true for all of the trading elements.

This is a very important concept to know like the back of your hand.

If you are trading a S&P 500 stock, for the most part, it should be following the trend of the SPY. If the SPY is going up, that ticker should be going up. Make sure that the VXX is going down.

If there is uncertainty in the market, you can easily identify this by seeing if the VXX is going up or down and the SPY is going sideways.

This is also true if the SPY is going up or down, and the VXX is going sideways.

By understanding the gravitational theory that I have presented in my previous articles, you can see that on Friday 4/24/20, the VXX yellow and purple lines have crossed through the gravitational pink line, and they are heading downwards. This is a heavy indication that the SPY will make a move upwards.

As you can see on the same date, the SPY has made a heavy bounce above the gravitational pink line. (This is the OPPOSITE reaction).

This concept is very important when deciding whether to buy options calls or puts on a stock.

How does this help you? It’s quite simple.

Buy calls when the SPY is going up and the VXX is going down. Buy puts when the SPY is going down and the VXX is going up.

I am going to identify some special case scenarios that you need to watch out for.

First, let me identify two types of days on the stock market.

Red days and Green days.

I use finviz to clearly see, within 1 second, what type of day it is.

Red means the overall market is crashing. Green means the overall market is going up.

Take a look at these two pictures:

Source: finviz RED DAY
Source: finviz GREEN DAY

These two pictures clearly identify how the day is going.

I am going to explain some simple psychology concepts based on the type of day the market is having.

First know this, the media is controlled by large banks and huge institutional funds. They are the “game master” they can pump any type of news into the world to force the market to go a specific way which will ALWAYS be in their favor for maximizing profit.

If you open finviz and you see a red day. The market is crashing, most likely due to bad news or some type of panic about the Coronavirus and economy.

Following bad news, this next scenario holds true about 90% of the time.

Day 1, the market crashes. Day 2, people who didn’t have their stop losses popped begin to panic as they see their portfolios lose money. These people “Guh” and begin selling, and this causes the domino effect to crash the economy out of fear.

By understanding the psychology of these traders, you can do 3 things.

  1. If you purchased a call that is going upwards against the market trend, take the day trade.
  2. Buy puts on day 1 of the crash, because day 2 will be another crash.
  3. Wait till day 2 and buy calls, because the market will recover as profits become maximized.

If you open finviz and you see a green day. The market is being pumped up, this is most likely due to the institutions picking up cheap stocks and drastically limiting the supply which increases the demand.

Following a green day, this next scenario holds true about 90% of the time.

Day 1, the market goes up. Day 2, people see that the market is going up and they begin to buy in. Day 3, the market goes up again as the domino effect occurs (Scenario A).

Day 3 also has another scenario (Scenario B). The market went up really fast after day 2, and people begin to lock in their profits and they start selling.

By understanding the psychology of these traders, you can do 3 things.

  1. Purchase a call on day 1 and swing trade it the next day.
  2. Purchase a call on day 2 and day trade it.
  3. Purchase a put at the end of day 2 or 3.

Make sure to always check the VXX and SPY with respect to each trading day, because that will give you an edge in knowing exactly if the green day is going to follow scenario A or B.

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

The Key to Fast Tracking Your Wealth by Simplifying Your Mindset

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I hope you guys are doing well today.

I just got off the phone with my mentor and I couldn’t wait to share this with you guys!

Are you ready?

This is one of the greatest keys to unlocking your wealth mindset.

I want you to imagine yourself becoming a 6 digit survivor. I want you to imagine making that $100,000 a year income.

Think about it for a second . . .

Now think about how much your life would change if you could hit that goal.

It may seem like a lot to some people, it may not for others, but this goal is realistically possible for most people.

Now $100,000 may seem like a lot of money. It may seem impossible for most people to reach, but lets simplify that goal.

Let’s begin

Let’s take $100,000 and divide that by 50 weeks. That equals $2000 a week. Now take $2000 and divide it by 5 days. That equals $400. So if you want to make $100,000 a year, all you have to do is make $400 a day or $2000 a week.

See how much simpler that is? $400 a day seems a lot easier to do than $100,000 in a year.

If your goal is to make $50,000 a year, take half of that. Only $200 a day.

If an average person can manage to make $120 a day with their day job, then they only need to make an additional $280 a day with a side hustle to make $400 a day.

In other words, if they make about $600 a week, then they only need to make $1400 more a week.

If you make $600 a week and your goal is to make $50,000 a year, that is only another $400 a week that you need to make from a side hustle or $80 more a day.

Heck, even a simple $100 more a week can change someone’s life, right?

My side hustle is trading options, and that’s what I am here to teach you guys. If you have been keeping up with the live stream, you would have seen that every single one of my day trades were flawless on timing. All the day trades yielded a minimum of a 40% win. That is a $400 profit for every $1000 traded.

The key here isn’t the dollar value. The key is learning the skill, because the dollar value will compound over and over again. Pretty soon, you will be doing less work, and making more money by applying the same simple skill. (You can learn the skill with the quick video lessons found here.

I’ll give you an example. Let’s say you trade a $2000 position with a 40% profit. With two trades in a week, you would make $1600, or $800 per trade in winnings!

Now, if you have seen the live stream, it takes me about 5 minutes to scan multiple charts. I can make a trade plan in about 5 minutes of analyzing a chart with a particular set up. Within 1 to 2 hours (set up a text alert on the chart to alert the stock price of a predicted exit [automation]) I can check the chart again and close the trade in another 5 minutes.

You see where I am getting at? With 15 minutes of “work” I can make a trade that yields $800 with a $2000 position. Talk about productivity. I am getting more results with less time.

As you get better at doing these types of trades, they get easier. Also, as you reach the $25,000 mark declared by the SEC, you will be able to make unlimited day trades.

And trust me, I see TONS of these perfect set ups on a daily basis for more than 10 possible day trades every single day.

Believe me, with more than 660,000 stock tickers, 10 trade set ups is a drop of water in a lake.

So again, how do I help you when you have a small portfolio?

Let’s reiterate the goal.

The challenge is to turn a small portfolio account into a large portfolio account, and make it easy for other people to understand. If I strictly wanted money, I could make 2 – 3 day trades a week and consistently compound the account.

However, I want to be able to trade everyday in this uncertain market so that I can have enough data to make it easy for you guys to master the art of swing trading and day trading options.

Hence, with the SEC limit of 3 day trades a week, I struggled for the first 2 weeks of trading trying to learn the swing trade pattern of the market.

However, I have been putting together a document with all the notes, techniques, and skills that I have learned during the past two weeks. ( This is a once in a decade period for me to learn how to trade in an uncertain market after a large pandemic. I have traded and won consistently in a bull and bear market, but this type of market is new to me.)

I am going to release a special report this weekend which lays out the ultimate plan to consistently win during this uncertain market, so stay tuned for the next report!

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

How You Can Educate Yourself With My 5 Question Q&A During the COVID-19 Pandemic to Boost Your Portfolio

by

Hey it’s Ken!

Today I got a special guest invitation to view a live Zoom conference between my mentor and the legendary Wolf of Wall Street, Jordan Belfort.

Before I dive into the knowledge I acquired from the conference, I want to take this time to answer a couple of questions that you guys have been asking me via email.

These are the top 5 questions that you guys have asked:

1. What exactly is the goal of the Options and Traders Network?

– The goal is to create a network of like minded people who want to achieve greatness. I want to educate people from scratch and show them how to become millionaires. This is going to take some work, but it is possible. I want people to develop themselves, learn new ideas, and share their knowledge with future generations. I ultimately want to boost your “deal flow”. This is the ultimate key and a secret to generational wealth.

2. Why do you only teach trading and when will we learn about investments?

– I teach trading, because it is my bread and butter. It is the high income skill that I have developed which can make me money anywhere in the world, at any point in time in my life, age is not a limiting factor. It is something that, if I lost all my money tomorrow, I can use this skill to make it all back. It is a skill, not a talent, so it can be learned. It is something that nobody can take away from me. It is like riding a bike, once you learn, even if you haven’t rode one in a while, you can get on one and begin riding again. I find great joy in trading, it is my passion and it makes me feel happy. Trading also teaches you the millionaire mindset, and it challenges you every time you enter a trade. It keeps your mentality sharp as a knife, it forces you to always stick to your plan if you want to be successful.

– Addressing the second part, I only teach my top students about investments. I do this for two main reasons. Reason number one, investments require risk tolerance and the mentality to stay afloat when things are sinking. Reason number two, if you do not have a day job and a side job or side hustle (trading is mine), how can you afford to invest money? How can you afford to take the risk of losing money when you barely have enough to pay your bills? You need to stabilize your living expenses first. Second, grow your side income. Third, invest. It is that simple. I will talk about this in a future report when I introduce my ideology of the “Wealth Triangle”.

3. Why are you giving away all this information for free?

– I am an entrepreneur who has acquired all this knowledge through my own experiences, and it gives me a sense of rejoice when I can teach what I have learned. You see, I am not really creating a whole lot of new ideas or new concepts. I may refine a couple of concepts, but at the end of the day, all my knowledge was taught to me by my mentor. My mentor’s knowledge was taught to him by his mentors. It is 2020 and all the knowledge you want to know about anything can be easily accessed via google. I am simply compiling all this knowledge and funneling it from my perspective to you.

4. Do you really plan on turning $500 into $10,000 on a live stream?

– Absolutely, this is probably the hardest challenge I have taken on. It is a real test of your diligence. Your perseverance, your drive, your motivation, and it makes you feel alive. It allows you to challenge your mindset and stick to your plan every single day the market is open.

Check out my live stream if you want to learn from me in real-time.

Key Difficulty Factor: I am trading with a small account during this insane market volatility due to the Coronavirus.

5. What does your wealth portfolio look like and what is the projected profit?

– My investment portfolio consists of about 40% angel investing, 20% BDCs, 20% options trading, and 20% cash flow. This isn’t going to be the same ratio for everybody, this is my ratio.

The projected profit is going to be a bit tricky to pinpoint, because these are mainly speculative. I have a list of 11 companies I chose to invest in based on my own due diligence and deal flow network which was presented to me by my mentors. Based on my research, the companies I invested in are solving large problems with a large total addressable market. They all have very strong founders with strong key investors (smart money) giving them tons of money during their funding raises. If 50% of my startup investments fail, I am still speculating a 20 million dollar return in the next 3-8 years. Keep in mind, every year, I am constantly adding to my investment portfolio (generational wealth).

BDCs are on par with my options trading, it is also my bread and butter tool for investing. BDCs offer high yield dividends which pay quarterly dividends. With enough capital invested, these companies work as “Assets” which pay for your “liabilities”. This nets you with no living expenses. Some people use real estate in lieu of BDCs, but I have found that BDCs are more liquid than real estate if you are in need of quick cash flow. Especially if the market crashes like now. It would be difficult to sell a house in this economy, but a BDC? I can do that in a matter of seconds.

Obviously you guys already know about options trading from me. I don’t need to waste time explaining it. This percentage of my portfolio is going to be a lot less until the challenge is complete. I don’t have a lot of wiggle room right now :).

I believe everyone should always have at least 20% of their portfolio as cash flow for a rainy day.

Let’s dive into the video conference.

So what did I learn from Jordan Belfort?

Jordan’s career started in 1987 with the great depression. Nobody trusted brokers, because of the huge market crash.

In 2008, the great depression caused the housing market to crash.

In 2020, the COVID-19 pandemic crashed the market, travel and social gatherings are now limited.

What do these all have in common?

“Nobody is going to give a shit, human beings are going to be human beings. In one year from now, everybody is going to forget about social distancing and things will go back to normal.”

– Jordan Belfort The Wolf Of Wall Street

In 1 year from each of the past depressions, everybody forgot about what happened. The market was able to pick up again.

He also pointed out that many great startups emerged after each of these depression periods.

After 1987 there was the dot com bubble. After 2008, Uber, Amazon, and AirBnb emerged.

An early investor in Uber, Amazon, or AirBnb would have turned $1000 into $10,000,000.

The big question is, “After 2020, what startups are going to emerge?”

This is what I am talking about . . . DEAL FLOW.

This is why you need a network, this is why you need mentors. This is why you have me, because the odds of you meeting people like Jordan Belfort (The older deal flow network) is very slim.

This is his last quote, and I am going to leave it here, because it really resonates with me.

“80% of traders fail and lose because they do not have a system, they do not use their brain and stick to their plan. They sell winners and they forget to sell losers. They end up with plain dog shit. Invest in your market education, and take a look at the past, because history repeats itself.”

– Jordan Belfort The Wolf of Wall Street

Jordan now teaches sales on his website if you were wondering what he is up to now.

This is his latest successful business:
www.jordanbelfort.com

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken