The Secret To Stock Market Riches
February 13th, 2008 by admin
Looking for the “secret”? That one thing that will click and suddenly you are rich? Looking for that one killer trade?
Yeah, it can happen.
But the secret to stock market riches is to grind it out. Yeah, grind it out.
When you can trade and invest profitably consistently, you can do something that most people who call themselves investors/traders can not do.
So the secret to the stock market is learning to pull cash out of it every month. Now I suppose you want me to tell you the secret to pulling cash out of the market every month?
Is there even such a secret?
The answer is yes, but like the best secrets always are, it’s hidden right under your nose. It’s right there, you just can′t see it because you are looking for something flashy and new. Well, let me tell you the “secret” to making the market pay you monthly. It’s trading covered calls. Yeah, just that. Just trading covered calls.
To make it even better, trade only calls that are in-the-money. They give you the most downside protection. Then, when you can make the market pay you monthly and in a safe and boring way, it is then that you know how to get rich. Compound, compound, compound.
Compounding only works with consistent returns. If you try to compound without consistence in you returns, your equity will be all over the place. Most likely, you will blow your account up.
However, covered calls give you that much needed consistency. You do the math.
Do you want to learn more about how I do it? I have just recorded a 25 minute CD called “How To Pick Winning Stocks - The Secret Formula″
Request your free copy here: Click here for your free CD.
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