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When I got my own seat on the CBOE, it was June 1987. I had spent the prior few years working my way
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When I got my own seat on the CBOE, it was June 1987. I had spent the prior few years working my way up the ladder at the exchange. [alt_text] Dear Reader, When I got my own seat on the CBOE, it was June 1987. I had spent the prior few years working my way up the ladder at the exchange. And then, just a few months after my big startâ¦just click here. The market crashed. The infamous âBlack Monday.â I saw probably 30% to 40% of traders that day decimated by the risk they had taken on⦠but for those of us who managed to survive, we made back everything and then some It taught me two lessons I still live with to this day â (1) have an edge, and (2) make sure you have your risk defined. Thirty years ago, my edge was being physically present on the trading floor, where I was in the middle of the action. But today, I get my edge by finding unusual option activity. Itâs the basis of my [Option Cobra]( service Finding unusual option activity is the smarter way to follow the smart money. And it can level the playing field for even everyday investors It has been an especially important strategy this past year. We can use options to harness the surging volatility weâre seeing in the marketplace â the exact volatility that plagued most investors in 2022 â and [turn it into profits](. As for defining risk, itâs one of the most important things a trader can do. A lot of people are nervous about trading, but the thing you have to understand is that itâs not being wrong that wrecks people⦠itâs being wrong in a big way. In fact, every one of the experts, gurus, and analysts that make up the Wealthpop team believes in and respects that principle. We may all come from different backgrounds and employ different strategies, but we all know that being profitable isnât just about managing your winners⦠itâs also about managing your losers. Thatâs the kind of lesson most traders donât know until they have years of experience behind them⦠and a hard lesson to learn if youâre trading with your own money, like most of the folks we work with. (Unsurprisingly, each of the experts here also notched solid double- and triple-digit gains in 2022, which was the most turbulent market weâve seen in more than a decade.) So, if youâre looking to learn how to trade the right way⦠â¦and actually grow your money⦠â¦alongside a group of experts with more than 100 years of combined trading experience⦠â¦who are going to tell you the truth about trading(and not just the âsexyâ stuff)⦠â¦then weâre excited to have you as part of the Wealthpop community. We have a lot of really great stuff in store for you. And it all starts up tomorrow Keep an eye on your inbox! Best,
Tim Biggam P.S. Over the past 12 months, my readers had the opportunity to double the size of their accounts with my options strategies. Want to find out how we did it? [Just click here.]( [1 Penn Plaza, Suite 3910, New York NY 10119 Want to change how you receive these emails?]( here to unsubscribe]( [Privacy Policy]( | [Disclaimer](
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