Stock Market & Options Trading: Life as a Trader (No BS)

Life as a Trader. What you should expect when trading
options David Jaffee with you can go to enter your email address and receive $400 worth of free training
materials that is better than anyone elses paid materials that they try to
sell you so in this video we’re gonna talk about the realistic expectations
that you should have when you trade options so one of the the big
distracting factors that people have which cause cost them a lot of money is
they try to hit home runs and they think that it’s possible for them to earn like
100 or 200 or 300 percent a year I mean we’ve all seen the videos. this year I’m absolutely killing it in the market just learn my three easy to learn chart patterns and you too will kill it. I mean it’s complete bullsh** The reality is that when you trade, you can potentially make like thirty to
seventy percent every single year by trading stock options but you have to
have realistic expectations so this over September and October I have right now a
very bad position on in Alibaba when Alibaba fell from around Alibaba was
trading around $180 then it fell to around 165 I sold puts on it at this
moment Alibaba is turning around one hundred and forty seven dollars and my
paper losses in Alibaba are showing me around 150 to 200 thousand dollar loss
that’s a lot like that’s pretty significant but I’m not really that
worried about it and the reason is because I kept my contracts very small
and I know that eventually I’m going to make money on that position now am i
100% sure I’m not but I’m like 98 percent sure that essentially all I have
to do is just continue rolling out that position and with enough time I will
definitely make money on that position but even though I made the right trade
because Alibaba fell from around 2 eleven dollars all the way down to
around 180 then it was 170 and I was very patient and I made a very high
probability trade the fact is that you don’t win all your trades the market
just be you so some days you’re going some years you’re gonna meet 70% in 2017
I made over seven I made around 70 to 73 percent this year I’m going to make less
money and I’m completely okay with that because I didn’t make bad trades I’ve
mastered my craft and sometimes you can do everything right and things still
don’t work out your way I’m sure that you know we’ve all had situations where
let’s say you like really liked a girl or you really liked a boy and you did
everything right you were nice to them we’re kind you listened to them and for
some reason they just didn’t like you back I mean that happens in the stock
market too where you doing everything right you’re patient you monitor your
entry you you know you call like a local bottom because let’s say Alibaba fell
from like 180 to around 165 it was hovering around 165 and it sold it sold
out to around 162 and then when was trading it’s relative low you decided to
sell at the 150 put that’s a very high probability trade but right now when I
leave I was trading it like 147 that trade is going to show you a loss so you
have to have realistic expectations that you’re not going to win in every single
trade and if you get frustrated and you get shaken out or you trade too many
contracts where you cannot assume the paper losses so your broker forces you
to close out those positions for a loss then you’re not going to be able to
participate in alibaba’s resurgence when it retraces some of its losses and it
starts appreciating and valuing going up in price so if you sell too many
contracts and you trade too many contracts and then Alibaba goes against
you like it did with like it has been over the past month and it follows the
trajectory of those five out of a hundred instances in five out of a
hundred occurrence because remember that trade will be
profitable 95% of the time but if you trade too many then those five out of
ten instances where it’s going to trade below the strike price that you sell you
are not going to have the ability to roll that position and hold it and wait
for it to retrace some of this losses so you need to have realistic expectations
that you’re not going to win all your trades that you’re some years you’re
gonna make like 70% other years you’re gonna make 30% other years you might
make 15% but the reality is that selling option premium is the only way that you
can predictively make consistent profits in the stock market and I just want to
set the expectation because on this video you probably see scam artists who
are advertising to you about how they make a shitload of money by day trading
and you shouldn’t buy into that so this is David Jaffee with
comm you can go to my website enter your email and
receive $400 worth of free materials and if you have any questions let me know
please like comment share subscribe to this video it helps me out and you’re
also helping other people out and that’s another thing that’s really weird like
sometimes people don’t want to spread the message because they think like they
don’t want to help me so they like consume the information but then they
don’t want to share this video with your friends and every time people do share
the information you ‘only appreciate it like I respond to everyone’s comments
everyone’s emails so it will be fantastic because not only are you
helping me but you’re helping other people avoid scam artists and that
should make you feel good about yourself so regardless of a state of mind that
you’re in at this moment you can share this video and it should make you feel
good because I am trying to help other people avoid scam artists and also set a
realistic expectations for what they should expect by trading so once again
if you have any questions I’m here for you

31 Replies to “Stock Market & Options Trading: Life as a Trader (No BS)”

  1. Please share this with your friends & subscribe to my channel. I want to be of service to as many people as possible and help them avoid both stress and scammers. Learn a valuable skill and earn ~50% every year (which will make you more successful than 99% of traders!)

  2. What's your view on selling far OTM options? My experience is not good. Yes, the price won't be hit every month, but you get a small amount of money for these trades – and when the strike is hit you lose the last 5-7 months' profits.

  3. I think you have good presentation, but to be honest you can make good money day trading. You can lose it fast to though if you make the wrong movd. In my first month on the stock market, I was up to 850$ on Mt account, that started with around 500$, was 43% (on only stock trading) but then I started blindly trading options and it majorly set me back. options are much more risky

  4. How long does it take you to get out of trade like that Baba loss? How many months did you have roll out to get enough premium to make up the loss? One of my biggest concerns with this strategy, especially in the current market.

  5. Did you get margin called into oblivion? Put sales are fine but you have to size appropriately. Sounds like you were heavily leveraged.

  6. It sounds great and everything; but there is hardly any proof. I am interested in finding out from people who had experience working with David. Does anyone tried David's trial and/or membership ?
    I want to hear some real feedback from you [and not from just the pumpers.] how profitable David's strategies are BEFORE I decide to sign up.

  7. The ONLY trader in the industry who keeps it real. None of that, "my 3 signals will give you 1500% gains" or "buy my course to discover an unknown secret to profit $8965 in 7 days trading options" bullsh*t. I may be new to options trading (only a month in to date), but even I can smell the garbage from these "gurus" a mile away lol.

    You are very transparent and that's what I respect about you. I've subscribed to your channel, went to your website, and gave you my email address to get the free training.

    I could give two f*cks about your Ivy League degree you mention in some of your videos and the fact that you're a multimillionaire.

    But what I do like is that you were actually ON WALL STREET…in the trenches…trading, so you know a thing or two about how the markets and institutional investors do business.

    Looking forward to learning from you and seeing what you have to offer. Thanks again and keep kicking ass!!!

  8. How much money per month will i be able to make following your options trade alerts with $5000 trade account ? Thank you

Leave a Reply

Your email address will not be published. Required fields are marked *