Tuesday, March 11, 2014

Event Date/Time: Wednesday, March 12 @ 5:00 PM PST

Sign up here to receive a link to the GoTo Meeting at the time of the event:

Trading Triangle Program - designed to bring experienced options traders to the point where they can trade at a professional level and transition to a full time trader.

You want to trade for a reason, what is it?

Importance of taking your goals and psychology into consideration when choosing a trading style or system.

How trading systems, psychology and business systems fit together to create a successful trader.

Knowing “how to trade” vs “trading a system”

Dangers of finding the perfect system.

The challenges traders face of starting an options trading business.

Things you need to consider before quitting your day job.

If time……..

M3, Bearish Butterfly and ROCK Trading systems; what they are and how they fit together to bring you to the level of trading the M21 program.

Find out more about John Locke on his website at:

Friday, March 7, 2014

If you didn't read my last post on selling far OTM options and theta decay, check it out here:

Today, I'm going to expand on this concept and add to it providing additional evidence to support the idea that you are much better selling far OTM options at 60 DTE or more than you are at closer to 30 DTE.

Here is a graph depicting the theta decay curve for ATM SPX options with theoretical option prices starting at 98 DTE. As you can see based on this graph, the largest amount of decay happens right around 30 DTE and if you are selling ATM options you are certainly served best selling around 30-35 DTE. Notice the 50% drop in value over the 28 day span from 35 DTE to 7 DTE. Obviously, this is assuming all other factors are constant.

One other thing to notice on this graph is how flat the curve is from 30DTE out to 60 DTE and beyond. Yuck! That's not where you want to be when selling ATM options. You are not getting enough theta decay for your risk. That's a poor trade.

Here is a graph depicting the theta decay curve for OTM 10 delta SPX options with theoretical option prices starting at 98 DTE. Notice how much steeper the curve is for both calls and puts from 98 DTE to around 35 DTE. At 35 DTE the curve really flattens out confirming the basis of my last post, which is YOU ARE NOT DOING YOURSELF ANY FAVORS BY SELLING FAR OTM OPTIONS AT 30 DTE. 

Now, based on this graph you might be saying to yourself, "I should go out and sell some far OTM puts at 98 DTE and take them off around 67 DTE. Yup, that's what I'll do. The data confirms this. I'm sooooo smart!!! Now, should I get a red or black Ferrari when I make my first million?"


Not so fast. In options trading - as in life - everything is a trade off and there are NO free lunches. In theory that might sound like a GREAT strategy but come back to reality David because we left the dentist and you need to understand how things work in the real world.

Why isn't it such a good idea to sell premium at 90-98 DTE???

There are few reasons I will argue against selling premium this far out in the future:

  1. Vega risk
  2. Volume / open interest
  3. Inaccurate options model
Vega risk

The further out in time you go, the more vega risk you will have when selling premium. Given this, if you sell some relatively elevated volatility then you can make a lot of money in a very short time if the volatility comes out. However, sell mid-low volatility and you could get hammered in the short term due to your high vega risk. This could cause you to get "stuck" in the position for a very long time waiting and waiting for theta decay that just never seems to actually occur. 

Either way, vega risk should be a concern if selling premium, but it gets amplified the further out in time you go and for me - the vega risk at 98 DTE is just too high compared to 60-70 DTE. 

Volume / Open Interest

Now, this isn't an absolute truth across the board all the time, but generally speaking the farther out in time you go and the farther away from the money you go, the less volume and open interest you will find. That means entry into the trade could be difficult and you might not get a good fill. Worse than getting a poor fill would be getting taken to the cleaners on your exit. 

Let me paint a quick picture for you: You logon and check you LVX account and notice some far OTM spreads you sold have really decayed due to price movement and volatility coming in and your up a cool 5%. 

Nice! Time to cash out, collect the profits, and feel better about myself while I tell myself how smart I am. Should I plan my retirement yet? Ah, let me first put in this order right quick. You put in your order at the mid-price and wait. 

... And wait. 

Okay, I'll cave in a nickel you tell yourself. No big deal! Still a nice profit. You resubmit your order. 

... And wait. 

You cave a dime this time and crickets. NOOOOOOOOOO!!!!! 

Nothing will make you curse out a market maker faster than not getting executed near mid on a profitable trade. There aren't many disappointments in the world worse than thinking you are up and ready to close a trade for your profit target only to get taken to cleaners on execution and either have to close for far less than your profit target or stay in the trade which increases your chances of giving back your gains or even catching a loss. 

This is why liquidity is so important and volume and open interest can sometimes make or break a trade. 

Inaccurate Options Model

In my experience and from speaking with other trades you have to know when you should trust the options model and when you should not. For example, when looking at far OTM protective puts or "units" on the options model the difference between theory and real life becomes very apparent with a flash crash or black swan event. Your little protective put will gain far more in value than the model predicts. This is an instance when the model should not be trusted. The only problem is that the only way to know this is through experience and education. 

If that went right over your head, no worries... I'll explain: The model shows you that that your position should gain a certain amount of theta decay each day when selling at say 98 DTE yet the greeks don't seem to be behaving as the model predicts. You just aren't getting any decay and your actual position P/L remains stuck in the mud. 

What in the heck is going on here? It's an example of a time when the model might not be as accurate as you would like and this can happen with very far OTM options when they are very far out in time among other times that are outside the scope of this post. 

Okay, let's wrap it up. What timeframe is best to sell far OTM options? Based on this information the best traders I know sell far OTM premium around 60-70 DTE with a cutoff around 45 DTE. This provides the best balance of all factors including open interest/volume, vega vs. price risk, options modeling accuracy, and time spent in the trade. 

Feel free to post comments or question - I'd love to hear from you! 

The images (Theta decay graphs) used in this post were provided by Dave Robinson. Thanks Dave!! You can get in touch with Dave here:

Email: dtr.blogger@gmail.com

Dave also runs a great blog you should check out about building automated options trading systems, which you can find here: 

Wednesday, March 5, 2014

Retail trader turned pro, John Locke, will present his blueprint for success that can help you take your trading to the next level and make the jump from retail trader to full-time pro!!


This Meetup will be held online over GoTo Meeting. Link will be provided prior to the event.

Trading Triangle Program - designed to bring experienced options traders to the point where they can trade at a professional level and transition to a full time trader.

You want to trade for a reason, what is it?

Importance of taking your goals and psychology into consideration when choosing a trading style or system.

How trading systems, psychology and business systems fit together to create a successful trader.

Knowing “how to trade” vs “trading a system”

Dangers of finding the perfect system.

The challenges traders face of starting an options trading business.

Things you need to consider before quitting your day job.

If time……..

M3, Bearish Butterfly and ROCK Trading systems; what they are and how they fit together to bring you to the level of trading the M21 program.

Find out more about John Locke on his website at:


Friday, February 28, 2014

So you're a premium seller, huh? 

Just love sellin' that juice. 

I'm guessing you've seen this graph before showing the exponential decay of an option's value at 30 days to expiration:

Let me take another guess: After viewing this curve you immediately rushed out to fund an account and started selling far OTM call and put spreads hand over fist at 30 DTE faster than you can say, "tail risk"?

You might have planned your early retirement next.


However, do you know what the biggest mistake most premium sellers make is?

No? Well, that's obvious because you just made it.

In regards to trading options, the expressway that leads to the divine destination of consistent profitability is a long one filled with roadblocks, speed bumps, frequent pile ups, and many off ramps for those lacking discipline, fortitude, and ice in their veins. That road often starts with a new trader learning about what an option is, how to read an option chain, and the pricing model which typically leads right into two potentially dangerous topics:

1) Probability & The Bell Curve
2) Time Decay

These two topics are dangerous for many reasons, many of which are beyond the scope of this post. However, I will touch on one of those reasons. Back to the point: Anyone that has gone through the basic teachings on these topics typically makes a grave mistake. This sets me up nicely to finally answer the question, "Do you know what the biggest mistake most options premium sellers make is?

They sell far OTM options and expect the time decay to behave like ATM options. 

Classic rookie mistake.

It often sounds something like this, "Why the heck won't these far OTM options decay?! The theta just isn't coming in like the model shows it should. They are just sitting there and the market makers are killing me because they won't fill my order to take them off at $0.05. What the heck?!"

When selling far OTM options be it calls or puts you MUST understand that the time decay is going to behave much differently than your classic ATM 30 DTE exponential time decay graph. Jim Bittman does a superb job at making this point in his classic book Trading Options as a Professional and Mark Sebastian of Option Pit fame reiterates this point in his fantastic book The Option Trader's Hedge Fund on page 94 when he says, "There is a flawed belief that option time premium decays exponentially across all strikes in the final 30 days of an option's life. This is completely flawed; in the final 30 days, studies show, only ATM options decay exponentially."

Far OTM options not only decay much differently but they also tend to hold onto their value as expiration nears. To make it more clear, theta decay for ATM options accelerates exponentially in the final 30 days to expiration but theta decay for far OTM options actually decelerates in the final 30 days to expiration. Time decay for far OTM (around 10 delta) options tends to look more like this:

That is a much different picture than the previous graph and understanding how theta decay is different among various strikes and day to expiration is going to be instrumental in your success as a trader. I cannot stress this enough. If you are going to sell premium, you must understand the differences.

This information is all well and good, but information is absolutely useless without application or action. Let me repeat, INFORMATION IS ABSOLUTELY USELESS WITHOUT APPLICATION OR ACTION.

So, what's the application of this information?

Easy. When selling far OTM options you should be selling them with more than 30 DTE and often closer to 60 DTE or more and you should be taking those positions off by the time you get around 30 DTE. By doing this, you will be taking advantage of the the way far OTM options behave in terms of time decay and all other factors remaining consistent you will be getting the most time premium decay possible on a per day basis.

When I sell far OTM options I tend to sell anywhere between 50-70 DTE and I'm out of those positions by 30-45 DTE. Armed with this new information, next time you are going to sell some far OTM premium check the days to expiration and ask yourself: Is this the optimal position?

It might be, then again - you might just be making a classic rookie mistake.

Friday, February 21, 2014

Analysis Paralysis, Thinking Too Much, and Other Psychological Traps Preventing You From Profits

Are you sabotaging yourself and crushing any chance at consistent trading profitability? 

Not sure? Read on to find out: 

Are you relatively new to trading?

Wait, let me guess: You have put in the time reading books, watching webinars, and learning all the knowledge you can but you just haven't been able to maintain a profitable trading system. 

Even better, you are a veteran trader but your old strategies just aren't working any longer due to market conditions. 

You sit at your computer staring at your Livevol X or Livevol Pro screen, there is a LOT to take in. You have quotes constantly being updated, charts, order flow, a list of positions, etc. Copious amounts of information are overwhelming your senses. You have some free capital and want to trade but instead you sit and stare. You check the charts again, draw in some trend lines and support/resistance points. You add a few more technical studies. You ponder. You check the volume, open interest, and analyze the expiration graph for the 10th time. You say to yourself, "Wait, let me just check the news and upcoming events." 

Sound familiar? We've all been there. From newbie to veteran and even pro traders. We've all had to deal with the psychological trap of analysis paralysis at some point. Sometimes taking that first action step is the absolute hardest part of the journey and this especially true with new traders or traders that haven't had much consistent success in the past. 

As I struggled to come up with the "perfect" topic for my first official blog post I thought about and scratched a long list of otherwise great ideas from theta decay at different deltas to the importance of getting a good fill and how to work the market. Instead, I decided that in the wake of my utter struggle to take the first step and write this post I'd address the elephant in the room and write about how thinking too much can actually be a problem and is a huge hurdle for many traders - especially new traders. 

Early in my trading career, like most, I struggled mightily. I was inconsistent, I jumped from one idea to the next, and I couldn't maintain profitability. I found myself making 10% in one month only to give it all back and then-some in the next month. I'd put on 5 trades in one expiration cycle and 1 or none the next. After struggling with this for a few years I discovered I was literally sabotaging myself by over-thinking, trying to outsmart the market, consistently deviating from my trading plan, and worse of all - freezing up and taking no action at all the wrong times! 

Good news! It's NOT your fault. Let me repeat, it's not your fault. Your brain is wired in this way and unfortunately it will always be this way. Better news: There is something you can do to overcome it. 

The part of your brain responsible for this psychological trap is often referred to as the lizard brain, reptilian brain, or old brain and it's found at the stem of the brain near the top of the spine. This is the part of the responsible for survival, reproduction, and our fight/flight response. This is the part of the brain that tells you to re-think that trade, to look at more indicators before putting anything on. It makes you think you need to read another book or watch another webinar to get just a little more knowledge before taking action. It also makes you think about and focus on losing, which in turn prevent you from taking action and actually trading. 

This part of the brain is also responsible for another concept that paralyzes you at the wrong time: Loss aversion. Loss aversion has been well documented and study after study has proven that we humans want to avoid a loss far more than we want to win. In fact, research shows humans have a loss aversion ratio of anywhere between 1.5-2.5. That means for every $1.00 we lose on a trade, we need to make $1.50 - 2.50 to equally offset the emotion of that loss. Loss aversion can lead to a whole host of problems, but in this context the problem it often causes in traders is an inability to put on trade or adjust a trade according to your trading plan. 

What can you do to overcome analysis paralysis, stay consistent with your trading, maintain profitability, and continuously take action that will lead to success? 

I have a four step process that will put you on the fast-track to profitability. It worked for me and although I'm not providing guarantees because I'm not a car salesman and I'm not selling anything, I can tell you that this system is based on proven research in the field of psychology. 

1. Create a Plan

Create a plan? Seriously, didn't you just say that this crazy part of the brain that is sabotaging my results causes me to go off the plan? What's the deal? 

Yes, I did and that's why this is only step one. A plan is going to remove the element of thinking and lead to instant action which can help in the creation of powerful habits that will help you stay consistently profitable. It removes the guesswork and allows you to take action without over-thinking and ever succumbing to the analysis paralysis problem. 

There are two types of plans as I see it: 

1) An overall macro plan for your account that answers such questions as: How many trades will you put on at any given time? How many contracts or what size are you going to trade? What strategies are you going to put on? When will you look to put on different strategies (60 DTE, 30 DTE, etc.)? How will you fish for trades? 

For example, part of my portfolio plan is a far OTM put spread strategy I put on anywhere from 70-50 DTE. So, at 70 DTE I start looking at the skew and juice in the far OTM put options in the RUT on a daily basis until I find optimal conditions for my put spread strategy. Whenever I see 70 DTE I don't even have to think about what I'm going to do anymore, I just act and I go check the skew and see how much juice is in those far OTM put options for selling. It's a habit now and a good one. 

2) A micro strategy or trade specific plan for entry, management, and exit of a particular position that will answer such questions as: What are optimal conditions for a certain position or strategy? What's a good price? When will you enter? What are you going to do with your position when you are down 10%? What's your profit target? When are you going to exit? Will you let those short options expire or buy them back? What are you going to do if the market open up/down 2 standard deviations tomorrow? 

For example, I have criteria outlined for entry of various strategies and I have a plan written down for the management and exit of the position BEFORE I ever put the trade on. This again, removes any barrier of thinking of too much and if nothing else just keeps me in the game. This is a very powerful technique. Now, when the market opens up or down 1.5-2 standard deviations I don't panic because I already know what I'm going to do. I don't have to look at a dozen indicators, weigh my options, check the charts, etc. I already did those things and I'm prepared to take action so I do it and do without the paralysis of analysis. 

Especially as a new trader, I cannot emphasize this enough: You MUST have a plan in place for these scenarios otherwise you will freeze up and take no action or over-think the situation and take the exact wrong action when it is precisely the time that demands quick, precise, and deliberate action.

2. Add Accountability

What are you going to do if you don't follow your plan from step one? How will you hold yourself accountable and enact consequences for not following through? A trading partner, trading group, or community like the Livevol Community are perfect for accountability. Use them to your advantage to set yourself up for success. Check-in regularly, tell people what you are going to do, then be accountable for your actions. If you didn't put on a weekly SPX Iron Condor like your plan calls for, why not? You better be able to explain. 

If you follow through and stick to the plan, celebrate your success even if the trade is a loser. Give yourself a pat on the back. If you didn't, do NOT pretend it didn't happen and do NOT beat yourself up. We are all human and make mistakes. Admit it and examine why you failed and put in place processes that will help you succeed next time. 

3. Visualize

Visualize yourself taking action and performing the actions you listed in your plan. Michael Phelps, the most decorated Olympian in history would visualize himself swimming his perfect race each night before he went to bed. He also used it to play through scenarios of how he would react and what he would do if things didn't go as planned. For example, Phelps set a world record at the Beijing Olympic games and took home the gold despite the fact his goggles filled with water during the race and he couldn't even see. 

How did he do this? He had already visualized this previously and knew exactly how to handle this situation. It is a technique many very successful people use and attribute to their success. Additionally, visualization has been shown to increase your ability to take action and avoid the analysis paralysis problem. Visualize yourself putting on a trade, going through the mechanics of working the order, getting filled, making that adjustment when the market it down huge, etc. It will increase your odds of sticking to your plan and will allow you to take action instead of staring at your screen with information overload.  

4. Tell yourself it's okay to fail

Lastly and maybe most importantly, you have to understand that failure is going to be part of the process. Even the best strategies with the highest odds of winning occasionally lose. You must understand that a losing trade is not only okay, but actually a good thing! 

Uh, did you just say that putting on a dog of a trade is a good thing? 

Yep. Because it is an opportunity to learn, correct mistakes, and put in place processes or procedures to avoid them in the future. It's a chance to become a better trader! Think about it, how much have to ever learned from a trade in which everything went perfectly according to plan? You put the trade on in the perfect market conditions for the trade, the market acted as expected, you didn't have to adjust, and you took the trade off for your profit target. That experience, while it makes us feel good doesn't really make us a better trader. Anyone can do that. 

What separates the good traders or even the great traders from everyone else is being able to deal with failure, being able to manage the position when things don't go according to plan, and constantly getting better by learning from previous experiences and mistakes. A losing trade is a perfect opportunity for a post-mortem analysis to get better at the craft of options trading. Don't waste those opportunities. Your account balance will thank you. 

Wednesday, January 29, 2014

An Option Pit Exclusive:
Using Volatility to Build Options Spreads 

Wednesday, February 19, 2014
5pm CST/6pm EST
Cost: FREE

Register Here!

How does a trader know what strikes to buy and sell?

The key is to understand volatility. In this afternoon seminar, Mark Sebastian, of Option Pit, and Kevin Nichols, of LiveVol, explain and walk through how traders can build better trades using implied volatility.

This is a can't miss for all levels of traders!

Register Here!

Thursday, November 14, 2013

TraderMinute $100,000 Challenge. Join for Free.

Get In The Trading Seat With The Man Who Turned

$3K Into $100K….Twice…

And it only took him 4 months each time. He’s about to go at it again and you are invited to join in.

When I heard about this, I had 2 questions:

did it twice…?”
“How did he do it?”

You might be wondering too. And they weren’t just 2 lucky “lottery” type trades either.

In fact, each time he did it, he made a series of option trades that took an initial $3,000 (real money) investment and trade-by-trade ballooned
it into $100,000 in only 4 months.

What’s more exciting is I’ve arranged for you to sit in the passenger seat while he does it again.

He’s agreed to let you watch and place the same live option trades right along with him.

He’s not just trading off the cuff. He’s got some very sound rules that he follows to manage his risk. You’ll learn them later in this letter.

It’s rare that I find a trader with a good enough service and track record to put my neck out for by referring my valued clients over to them.

I love my clients, this group in particular, because you are serious about your trading. I know because you are reading this letter.

That’s why I would never want to risk my relationship with you by recommending a shabby product. And by shabby, I’m not talking about a bad looking product cover. I’m talking about results.

And this opportunity is just too good. And his track record speaks for itself...as you’ll see.

That’s why I see this as a way to strengthen my relationship with the small segment of clients I am inviting to this exclusive opportunity.

It’s one of those things I would invite my own mother-in-law to do. (Then again, my mother-in-law likes a good challenge.)

Starting on November 15th, this trader will get in the hot seat again with a goal of turning $3,000 into $100,000 in 4 months for the third time.

He’s opened up 30 new seats for the launch of this next challenge.

Those seats are filled on a first-come, first-serve basis. And this letter was sent to over 8,000 people, many of which are reading right now along with you.

I promise these seats will be gone in a hurry.

I don’t want to be too long-winded because I know there are some who are reading this letter and won’t even finish it for fear of missing out. They will simply see that the first 30 days are free and sign up.

They’ll worry about the rest later.

To sign up click here and use the discount code LIVE569!

IMPORTANT: To get 30 days free, you must apply the
discount code at checkout. CODE LIVE569

It’s a rare opportunity to have someone with this track record agree to let you look over his shoulder during a challenge like this, let alone allowing you to trade the same trades with him.

But I’ve got to admit, it’s not for everyone. Certainly not for the faint of heart.

If you...

1.Don’t believe it’s possible. (And you don’t want to be made a believer)
2.Are unwilling to follow his option trades exactly.
3.Don’t have the $3K investment and don’t want to use virtual money or just sit on the sidelines and watch.
4.Would hold hard feelings if you came up shy of $100K or lost money

I would kindly ask you not to participate in the $3,000 to $100,000, 4 month challenge.

On the other hand, if you mimic his trades this time around and he reaches his goal for the third time, birthday’s and Christmas will be very different at your house.

The look on the kids or grandkids faces when you surprise them with that big something they would never expect would be an unforgettable moment — one that would single handedly give your life meaning.

If that’s not your idea of a good time, or you don’t have family, just think what $100,000 could to springboard your retirement and your current lifestyle. Not to mention your story-telling and “bragging rights.”

The people you know would be so proud of you.

If nothing else, you can say you tried it.

What an opportunity!

Besides the possibility of turning $3,000 into $100,000 in the next 4 months, the knowledge that you can acquire from an experience like this is extremely hard to come by. Knowledge that can really only be gained by doing it.

Just the education factor alone. You will learn volumes by simply participating.

And if you successfully reach the $100K goal…
  • Take the next 3 months off and go to Paris with someone special. You deserve it!
  • Hit up an African Safari.
  • Head to a third world countryand donate your time and talents for a while
  • Put the money into some nice income stocks and make the payment on a luxury car or boat just from the
  • Or put it into a few of the
    next big momentum stocks and watch ‘em ride.
Whatever your goals, $100K will help you arrive.

$100,000 is a lot of money to acquire in just 4 months. And I think you will regret not taking advantage of this extremely rare opportunity.

And I don’t mind if you just sit on the sidelines and watch or just place the trades in a virtual account. You can still get the first 30 days free and have the valuable experience.

Just don’t be disappointed at the end if the goal is reached and those who made real trades are high on actual profits.

So here’s the deal:

I’ve worked out an agreement where my clients can try this service free for the first 30 days of the challenge. You are responsible for your own investment capital or virtual account.

And if you’d like to continue with the challenge after the first month, you will need to pay a reasonable website fee (only $599 a month) for the next 3 months on a month-to-month basis, which means you can cancel anytime and pay no more.

That’s great news because it minimizes the risk of the challenge. If you feel like you just aren’t enjoying it or aren’t going to come out as profitable as you hoped, you can withdraw within the first 30 days — meaning you paid nothing.

If the experience and profits or potential profits justify the $599 per month, continue.

It will surprise me if that even becomes a concern because this trader has to get results in order to repeat the challenge every 4 months. He simply can’t survive any other way.

You’ll be participating in his 12th challenge. The 11th challenge is just wrapping up. And his performance on the 1o completed challenges is enough to keep even the most seasoned traders coming back for the next challenge.

Twice he has successfully turned $3,000 into $100,000.
Four times he has lost his entire $3,000 investment.
One time he had a $3,800 gain.
One time he had a $19,000 gain.
One time he had a $21,000 gain.
One time he had a $47,000 gain.

That means the winning challenges add up to gains of $290,800 while the losing challenges add up to a small loss of $12,000. That’s in only 36 months of cumulative trading time.

Not only do you get to watch it LIVE, but you will be sent emails and text messages with ticker symbol and fill prices when a live trade is made.

It’s easy to see why 50 seats will likely be gone within the hour.

To sign up click here and use the discount code LIVE569!

IMPORTANT: To get 30 days free, you must apply the
discount code at checkout. CODE LIVE569

Now, I mentioned you would learn the rules of the challenge in this letter. Here they are:

Rules of the Game:
  • Start trading account with $3,000.
  • No margin trading.
  • After achieving an account value of $10,000, the initial $3,000 in capital is removed.
  • After achieving an account value of $40,000, $10,000 is removed.
  • Challenge ends after 4 months regardless of profit level.
  • All trades are sent out in real time via text and email and are done live via video on the website
  • Trades are subject to happen anytime the CBOE options market is open. Trades are also subject not to happen. Sitting on ones hands at times is a valuable trade strategy.
  • Trade commissions are not taken into account due to the difference in commission charges from brokers.
  • TraderMinute pros do not suggest extra trades for the sake of playing catch up.
  • As reward goes up, so does risk. (a 30% loss on a $3,000 account is a little different than a 30% loss on a $60,000 account)
  • Trades made as part of the 3K-100K challenge are not considered investment advice! This is a game, not an investment strategy. Loss of some or all capital is a potential reality.
  • Trade entries and exits suggested by clients or 3rd parties will not be considered. (This is done in order to protect the suggest-or from feeling bad if they are wrong. You are more than welcome to disregard our entries and exits)
  • The $3K-$100K challenge is a learning exercise, not a retirement strategy. Please be mindful of your risk. TraderMinute and/or its affiliated companies are not responsible for losses sustained.
  • Traderminute recommends that all traders use a virtual account to simulate trades.
  • Please use Common Sense!
What a blast! It’s fun to login to the group and experience live trades as they create substantial profits in a short period of time.

And to watch the personal attention this trader gives you as you type questions into the live chat box and receive a near instant response on live video or chat…

Each time a trade is placed, you watch it on the live video and quickly get an email and text message with details about the trade.

Usually there are 2 to 3 trades per week that each last 5 to 7 days depending on market conditions.

Don’t let this opportunity run past you. Grab onto this rare experience and maybe you’ll be part of the next group to turn $3K into $100K over the next 4 months.

Please hurry! If you’ve read this far, the 50 seats I mentioned earlier may already be
taken. So don’t delay for another second.

To sign up click here and use the discount code LIVE569!

IMPORTANT: To get 30 days free, you must apply the
discount code at checkout. CODE LIVE569

See you in the live sessions.


Your Friends @ Livevol


Following the exact option trades of the man who turned $3K into $100K in only 4 months is exciting. Especially since he’s done it twice now. Join him as he tries to reach $100K for the third time.