100%+ Returns... Even If the Market Tanks?

This Investing Classic Can Still Teach Us A Lot About Today's Market... [View Online]()|[Unsubscribe]( [Street Authority Daily] -[]Recommended Link [100%+ Returns… Even If the Market Tanks?]( [100%+ Returns… Even If the Market Tanks?]( The market has been an absolute roller-coaster ride lately. Sometimes it seems like there's simply no safe place to put your money. But I've discovered a simple strategy that could double your money regardless of if the market goes up, down, or even sideways. And today, I want to share this secret with you. [Click here to discover more now.]( August 25, 2021 This Investing Classic Can Still Teach Us A Lot About Today's Market... By Amber Hestla [Amber Hestla] Whenever I meet other traders, there's one question I love to ask more than others... What book are you reading? Honestly, the answers are what most of you would expect. I'm sure none of you would be surprised to learn that traders like to read books about trading and the markets. But occasionally I'll get a recommendation that's a little... different. -[]Recommended Link [Apple is about to do something extraordinary...]( Buried in the legal mumbo jumbo is the undeniable proof... Apple just struck a deal that could put as much as $28,118 into your pocket. It has nothing to do with the next iPhone, "5G" or a service "bundle". But it could hand you a fortune. So I urge you to [get the full details today...]( Before this $28,118 profit shot is gone forever. [Click here to see how you can profit from this shocking deal.]( One of those different books that traders all seem to gravitate toward is an old collection of stories: Scottish journalist Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds. This old book is actually one of my favorite reads. If you haven't read it, I highly recommend picking up a copy. When People Think In Herds [tulip chart] Extraordinary Popular Delusions catalogues various moments in history where otherwise intelligent people seem to collectively lose their minds over something ridiculous. In it, Mackay debunks a number of other popular delusions, including fortune telling, haunted houses, the irrationality of the crusades, even the influence politics has on hair styles. It's quite entertaining. Mackay also catalogues episodes of mania in the marketplace, like Tulipomania, a bubble in tulip bulbs that unfolded in Holland in the 1630s. At the peak of the tulip bubble, a single bulb was worth about 60 guilders -- or about three months' pay for the average skilled Dutch worker. Here's a quote from the book that pretty much sums up the theme: "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one." Although Mackay's book was originally published in 1841, the edition I own was printed in 1960, with a foreword from Bernard Baruch written in 1932. And as interesting as the original text is, I find Baruch's edition to be just as enlightening. [Baruch photo]For those of you who aren't familiar with Bernard Baruch, he's been considered one of the world's greatest investors since before more contemporary greats like Warren Buffett and Peter Lynch were even born. By the time Baruch was 33 (1903), he had an estimated net worth of $3 million, or about $81 million in today's dollars. Baruch managed to avoid the market crash in 1929, and by 1930, his fortune was estimated to be around $30 million -- or more than $230 million in today's dollars. Baruch believed "Extraordinary Popular Delusions" was important for investors to understand and even credited the book with saving him millions of dollars. In his 1932 introduction, he noted, "All economic movement, by their very nature, are motivated by crowd psychology." This was true in the stories Mackay wrote and in the markets Baruch traded. But there's one short passage that is especially near and dear to my heart: "...if we had all continuously repeated 'two and two still make four,' much of the evil might have been averted." Baruch felt this book was important because this pattern of irrational mania followed by major fallout still repeats over and over again in the market. Applying This Knowledge To Today It's not hard to see this playing out in modern times. Irrational and unsustainable behavior (like a new cryptocurrency soaring 500% in one year) is not new, and neither is the antidote to irrational behavior. That's why investors and traders alike should be weary of falling victim to this kind of behavior. But it requires a humble and introspective approach... Instead of chasing bubbles, I stick with proven ideas that have continued to work and tell myself that two and two still make four. One of those proven ideas that has worked well in the past (and therefore, is more likely to continue working well in the future) is selling put options on stocks identified by my award-winning Income Trader Volatility (ITV) indicator. I developed this tool specifically to tell me when an individual stock's volatility reaches a short-term peak, allowing me to balance the potential risks and rewards of options trades. In other words, my proven system tells me exactly when share prices are going up or down. Unlike many options traders, who stab in the dark for price swings, my system is to earning my [Income Trader]( subscribers and me thousands of dollars in reliable income every month. In fact, over 90% of the trades I recommend to readers are successful. The best part? It takes only a few minutes per week to make these trades. A few minutes could earn you enough extra income to free you from relying only on Social Security, your savings, or even your job. It could give you the free time and wealth you need to pursue a new hobby or live on your own terms. If you're interested in finding out how my system works and how easy it can be start earning thousands of extra dollars per month, [I invite you to click here](. -[]Recommended Link [Tech Reset Could Create New Class of Ultra-Rich Americans...]( [Tech "Reset" Could Create New Class of Ultra-Rich Americans...]( While destroying the financial hopes of our nation's middle class. Protect yourself and potentially turn every $1,000 into $4,060 during this historic transition by [following the steps in this presentation >>]( To ensure that you receive these emails, [please add us to your address book.]( Disclosure: StreetAuthority doesn't own shares of any securities mentioned in this article. 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