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.
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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