Risk a little to make a lot.....
Hi Trader, "Any damn fool can make things complicated, but it takes a genius to keep it simple" I don't know where I got that from but it sums up my trading career. As a CMT, traders expect me to blow their minds with some sophisticated strategies and indicators. But I've always kept my trading simple and basic. Because everything revolves around risk and reward to me. It's how I'm able to trade options with less than $50 for 2,3, even 10X returns. I risk a little, less than $50 on every play, to win big, and I want to keep it like that. Just like I did on June 14th, where I called to go short on FLSR (using a put option). And in just one day, it went off the chart with a 100% return. Here's how to do it. | |
That's doubling your money in a day. Risking a little to make a lot… This is what I consider winning. And it has put some money in our pockets a couple of times (using my sizing): - $17,000 on SMCL in 1day
- $8,000 on ASML in 2 days
- $25,000 SMCL in 2day
And when you start seeing risk and reward the way I see it… Trading metrics like "Win rates" won't matter to you anymore. And the only thing you'd be obsessed about — is how you can risk one to make more than 2X, 3X your money consistently and very quickly. This is how successful traders win in every direction that the market goes. Here's how I go after these returns! | |
Christian Tharp Technical analyst, Adam Mesh Live. | |
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