TRADERS HAVE BEEN WRITING COVERED CALLS AND USING NON-DIRECTIONAL STRATEGIES FOR YEARS.
These are some of the most popular approaches for traders and investors to use, because they require less hands-on attention and still give traders the potential to produce a nice monthly rate of return.
If you enjoy trading with covered calls, naked puts, diagonal spreads or iron condors, the Covered Call Explorer is the ideal product to help you take the next step. Not only is it a fountain of information and training, it will save you time and help you learn to find the candidates that are best-suited for the kind of trading you like to do.
Wealth Builders HQ trading coach Tripp Sawyer has been using non-directional trades in his own personal trading for 15 years. He will use his knowledge and experience to produce a weekly video that will help you find potential covered calls, naked puts and diagonal spread positions that are worth your analysis. (It’s like someone giving you the answers to the final exam.)
Tripp has been trading the market since 2009 and has been assisting with other classes at Wealth Builders HQ for several years. Now he is taking over as the host of Covered Call Explorer and is highly trained and ready to help students find the best non-directional candidates and learn the most productive ways to trade them.
Each week, Tripp will produce and distribute a video that will be sent to your inbox. The recording will be 20-30 minutes in length and will show candidates on a specially-prepared watch list that may be ideal for your non-directional trade. Tripp will point out the target prices and help you learn to establish entries and exits, as well as the possible rate of return. (Plus, as an added bonus, the recordings for the last month are archived and placed in the member’s area.)
Along with the video, you will receive a printable “action plan” that includes the best opportunities for the coming week in regard to covered calls, naked puts, diagonal spreads and iron condors.
Your exclusive members area comes with a dozen foundational training videos. These can help you improve your existing skills or help you learn a new technique. (There are also printable guides to each of the strategies.)
The Covered Call Explorer was created to help cut down on your preparation time. Imagine you’re a chef and you have someone else chopping up all the vegetables and doing all the prep work before you step into the kitchen. Now you can enjoy the same sort of advantage with your trading.
Tripp has filters and screens that look through thousands of stocks. He sorts them in categories and brings the ones with the most potential to your attention via the Covered Call Explorer. You’ll get a real head start.
The Covered Call Explorer is available as a monthly or quarterly subscription. You may subscribe for $139 per month or pay only $349 per quarter. Plus, when you invest in a three-month subscription, you will receive a two-week free trial.
Wealth Builders HQ - Copyright 2024 - All Rights Reserved
This site is not a part of the YouTube, Google or Facebook website; Google Inc or Facebook Inc. Additionally, This site is NOT endorsed by YouTube, Google or Facebook in any way. FACEBOOK is a trademark of FACEBOOK, Inc. YOUTUBE is a trademark of GOOGLE Inc.
If you do not agree with any term or provision of our Terms and Conditions you should not use our Site, Services, Content or Information. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions.
By purchasing this training series, you consent for Wealth Builders HQ and its authorized vendors to contact you at the telephone number provided for marketing purposes, with the use of technology that may include automatic dialing or prerecorded technology. Msg & Data Rates May Apply. Text back STOP at any time to opt-out. Consent is not required to make a purchase.
Neither Freedom Management Partners, Wealth Builders HQ, or any of its personnel are registered broker-dealers or investment advisers. We will mention that we consider certain securities or positions to be good candidates for the types of strategies we are discussing or illustrating. Because we consider the securities or positions appropriate to the discussion or for illustration purposes does not mean that we am telling you to trade the strategies or securities. Keep in mind that we are not providing you with recommendations or personalized advice about your trading activities. The information we are providing is not tailored to any particular individual. Any mention of a particular security is not a recommendation to buy, sell, or hold that or any other security or a suggestion that it is suitable for any specific person. Keep in mind that all trading involves a risk of loss, and this will always be the situation, regardless of whether we are discussing strategies that are intended to limit risk. Also Freedom Management Partners’ personnel are not subject to trading restrictions. We and others at Freedom Management Partners could have a position in a security or initiate a position in a security at any time.
Wealth Builders HQ may publish testimonials or descriptions of past performance but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty or guarantee that similar results will be obtained by you. Wealth Builders HQ's coaches' experiences with trading is not typical, nor is the experience of traders featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication, and a significant amount of time. Your results may differ materially from those expressed or utilized by Warrior Trading due to a number of factors. We do not track the typical results of our past or current customers. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
Any figures and results discussed in this training are our personal results and in some cases the figures and results of previous or existing students. Please understand these results are not typical. We’re not implying you’ll duplicate them (or do anything for that matter). The average person who watches “how to” information webinars get little to no results. We’re using these references for example purposes only. Your results will vary and depend on many factors including but not limited to your background, experience, and work ethic. All business entails risk as well as massive and consistent effort and action. If you’re not willing to accept that, please DO NOT INVEST IN THIS TRAINING.
Available research data suggests that most traders are NOT profitable.
In a research paper published in 2014 titled “Do Day Traders Rationally Learn About Their Ability?”, professors from the University of California studied 3.7 billion trades from the Taiwan Stock Exchange between 1992-2006 and found that only 9.81% of day trading volume was generated by predictably profitable traders and that these predictably profitable traders constitute less than 3% of all day traders on an average day.
In a 2005 article published in the Journal of Applied Finance titled “The Profitability of Active Stock Traders” professors at the University of Oxford and the University College Dublin found that out of 1,146 brokerage accounts day trading the U.S. markets between March 8, 2000 and June 13, 2000, only 50% were profitable with an average net profit of $16,619.
In a 2003 article published in the Financial Analysts Journal titled “The Profitability of Day Traders”, professors at the University of Texas found that out of 334 brokerage accounts day trading the U.S. markets between February 1998 and October 1999, only 35% were profitable and only 14% generated profits in excess of $10,000.
The range of results in these three studies exemplify the challenge of determining a definitive success rate for day traders. At a minimum, these studies indicate at least 50% of aspiring day traders will not be profitable. This reiterates that consistently making money trading stocks is not easy. Day Trading is a high risk activity and can result in the loss of your entire investment. Any trade or investment is at your own risk.
Any and all information discussed is for educational and informational purposes only and should not be considered tax, legal or investment advice. A referral to a stock or commodity is for educational purposes only and is not an indication to buy or sell that stock or commodity.
Citations for Disclaimer
Barber, Brad & Lee, Yong-Ill & Liu, Yu-Jane & Odean, Terrance. (2014). Do Day Traders Rationally Learn About Their Ability?. SSRN Electronic Journal. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2535636
Garvey, Ryan and Murphy, Anthony, The Profitability of Active Stock Traders. Journal of Applied Finance , Vol. 15, No. 2, Fall/Winter 2005. Available at SSRN: https://ssrn.com/abstract=908615
Douglas J. Jordan & J. David Diltz (2003) The Profitability of Day Traders, Financial Analysts Journal, 59:6, 85-94, DOI: https://www.tandfonline.com/doi/abs/10.2469/faj.v59.n6.2578