Replace Your Income with Options

Tony Pawlak’s story will either move you to tears or make you question your life’s purpose. He quit his job to trade full-time and failed miserably. I mean, he was losing money hand over fist, until the day he discovered a credit spread video by Real Life Trading. He now makes 8-10% on his entire account EVERY WEEK, by trading less than an hour a day!!! He typically day-trades options, specifically credit spreads with incredible protection techniques to minimize his losses. In this episode of How To Trade It, Casey talks with Tony about his 90% win rate…and that’s BEFORE hedging. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[01:05] What drove Tony to Options trading[10:43] Digging out of a deep, deep hole[13:56] Viewing Trading as a skill[14:47] The Credit Spread Strategy[18:05] Learning how much time Tony spends trading [20:10] The goal of Credit Spreads[22:35] A drawback to trading Credit Spreads[24:06] Hedges of protection[25:15] Understanding the S-Curve[27:43] Timeline to masteryIn the beginningTony was basically tired of working 60-80 hours a week, so he quit his job and decided to trade full-time, with no plan B.  Unfortunately, he had a bit too much confidence in himself, his knowledge wasn’t up to par, his account size was too small, and he was just plain dumb when it came to the markets.  He was chasing the dream and made huge mistakes that cost him a ton of money.  He was losing it faster than he was making it.  He took out loan after loan.  He lost everything he had, then lost everything that he didn’t have too.  It was a complete nightmare from the beginning. But…HE NEVER QUIT.Trading is a SkillYou don’t have to be special; you don’t have to be a genius…you just have to learn the skill.  Tony had assumed that since he had been successful in his life outside of trading that it would just automatically carry over into his trading.  No so!  It wasn’t until he lost everything that he finally decided it was time to do something differently.  He stopped trading and devoted time, resources, and energy into studying and perfecting a solid trading strategy. And once he acquired the skill, absolutely everything in his life changed.  The problem with Credit SpreadsThe market is very fair.  If you are going to have great success, the risk will be high.  There is always a downside.  Unfortunately, if you take one loss, it erases quite a bit of your wins.  You will ultimately be risking mGrab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.Higher Listenings: Joy for EducatorsA new podcast from Top Hat delivering ideas, relief, and joy to the future of teaching.Listen on: Apple Podcasts   SpotifySupport the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.

Anka Metcalfe is the Founder and CEO of TradeOutLoud.com, an international trading education and service company.  She is an expert day trader, swing trader, and active investor with a precise approach to daily income-style trading and wealth-generation trading, delivering results in any market environment.  In this episode of How To Trade It, Casey talks with Anka about the advantages of learning to trade the futures market.  You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[07:15]  Identifying the fundamentals [13:59]  Infobesity!!![21:02]  Why Futures?The Fundamentals of TradingAnka talks about the importance of understanding your trading platform, having a trading plan, managing risk, and never, ever chasing a trade.  As a new trader, it’s critical to have a thorough grasp on how to use your platform - ie) how to enter and exit a trade, add a stop or trailing stop, etc.  Having a trading plan, written out and well defined, is like your daily trading bible that you can reference again and again. Managing your risk is an important part of becoming a successful trader too. InfobesityThis is the concept of hopping from one webinar to another, in permanent-student status because you don’t want to take any accountability for yourself, and you don’t want to apply anything that you have learned. There are literally thousands of strategies available, so you can’t possibly use them all.  Anka says that it’s time to roll up your sleeves, seek a trustworthy educator that speaks to you, and resonates with your style, and then stick to that ONE strategy.  The Current State of the MarketsThere’s a big debate right now about the state of the markets.  Are they going up? Are they going down?  Well, according to Anka, it all depends on what time frame you are looking at.    Technically speaking, the market is in a difficult spot and will most likely continue to be choppy for the foreseeable future.   Resources & People Mentioned RealtickTD AmeritradeFREE eBook - The Power of Trading Futures Connect with Anka Metcalfe Website:    http://tradeoutloud.comYouTube:   https://www.youtube.com/user/TradeOutLoud   Twitter:      https://twitter.com/TradeOutLoud Facebook: https://www.facebook.com/TradeOutLoud         Subscribe to How To Trade ItDisclaimer: Trading carries a high level of risk, and may not be suitable for all investors. Before decidGrab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.Support the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine.  He is an entrepreneur, a leader in his local church, and is a successful business owner and trader.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom.  Helping others is at the heart of all that drives Casey on a daily basis.  In this episode of How To Trade It, Casey talks about the importance of learning to intentionally celebrate your successes. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[02:44] Casey’s biggest take-away from the World’s Most Impactful Trader Summit[03:36] Creating mindfulness[06:18] Focusing on the good[10:15] Being built up[11:31] Casey’s challenge to you[14:27] Creating more winsCelebrate Your WinsFresh off of my time at the World’s Most Impactful Trader Summit, I’m excited to share my biggest take-away.  We need to practice celebrating our wins!  Every single one, no matter how seemingly small or insignificant.  If you are feeling “stuck”, I suggest getting out of your comfort zone, your day-to-day routine, and trying something new and different. Making a change can have a huge impact on you and your trading.Creating MindfulnessMost of the time, we focus on our goals, our task list, the things we’ve done wrong and how to make improvements.  None of those are bad things, but they can lead to being super self-critical.  We need to be intentional about finding our successes, so that we don’t get bogged down in the negative.  We need to intentionally slow down and focus on what is happening, in our trading, family, and work environments.  And then learn to celebrate our progress on a daily basis.Resources & People MentionedSend questions, comments, and podcast ideas to: Business@TradingStrategyGuides.comForex Master Trader - 30 day FREE trialSupport the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine.  He is an entrepreneur, a leader in his local church, and is a successful business owner and trader.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom.  Helping others is at the heart of all that drives Casey on a daily basis.  In this episode of How To Trade It, Casey talks about the importance of finding the “treasure” by going deep beneath the surface.  You don’t want to miss it!Subscribe to How To Trade ItResources & People MentionedForex Master Trader - 30 day FREE trialSend questions, comments, and podcast ideas to: Business@TradingStrategyGuides.comPerry MarshallBeowulf summary ;)Deep WorkConnect With Casey StubbsWebsite:        https://TradingStrategyGuides.comWebsite:       https://caseystubbs.comYouTube:      https://www.youtube.com/TradingStrategyGuidesYouTube:      https://www.youtube.com/caseystubbsTwitter:         https://www.twitter.com/caseystubbsFacebook:    https://www.facebook.com/TradingStrategyGuidesLinkedIn:      https://linkedin.com/in/caseystubbs   Subscribe to How To Trade ItDisclaimer: Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Support the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.

Rick Saddler is the Owner and CEO of Hit and Run Candlesticks, and he understands that trading is not as simple as it sounds. There is a significant learning curve and numerous gurus to try to sell you the 'Holy Grail.'  You must learn to become comfortable with taking small losses; it's the cost of doing business.  In this episode of How To Trade It, Rick will drop some great trading nuggets to help you on your road to success. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[06:48] Transitioning to full-time trading[17:42] Learning NOT to trade just because you have an account[35:49] Trading Rooms and other resourcesFull-Time TradingTraders are sometimes driven to full-time status because they are tired of having a boss.  And while you won’t have a boss, you will often work harder than when you did have a boss, so it’s important to consider that before quitting your 9 to 5. You will spend a lot of time looking at charts, and honestly need to devote a considerable amount of time to education in general.     Don’t Trade Simply Because You Have An Account When Rick decided to get serious about trading, there were a few things that he recognized. For starters, it wasn’t going to be easy, or fast. He learned to build a watch list and then let the trades come to him. You can’t trade, just for the sake of trading…or because you have six monitors!   It’s important to find a system that works for you. Magic IndicatorsGuess what? They don’t exist!  The “magic” happens when you learn how to use your indicators to make a profit.  You need to look at price action, or find a specific strategy that will work for you.  Ultimately, the “Holy Grail” in trading isn’t an indicator, it’s YOU!Resources & People Mentionedhttps://hitandruncandlesticks.com/mondays-with-rick/ (FREE resources from Rick)Doug Campbell - Options trading  Connect with Rick Saddler Website:      https://hitandruncandlesticks.com/YouTube:     https://www.youtube.com/channel/UCF5xejdkAC1JeJ1UbwapzfQTwitter:       Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.Higher Listenings: Joy for EducatorsA new podcast from Top Hat delivering ideas, relief, and joy to the future of teaching.Listen on: Apple Podcasts   SpotifySupport the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine.  He is an entrepreneur, a leader in his local church, and is a successful business owner and trader.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom.  Helping others is at the heart of all that drives Casey on a daily basis. In this episode of How To Trade It, Casey shares how learning to tame his emotions made him a better trader.  You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[05:35] How your personal life can impact your trading[10:08] How unchecked “good” emotions can be BAD for trading[19:47] Understanding how consistency is keyTaming Your EmotionsBeing led by my emotions has caused me to make some serious  trading errors.  Trouble often comes because we aren’t expecting emotions to be a part of our trading.  It’s not something that is taught or talked about often. We can’t simply ignore our emotions, but we must not be led by them either.  Having discipline in your trading partly means that you acknowledge what you are feeling, process through it, and then make decisions accordingly.     Is “Good” really Bad?When I first started trading, I was on fire!  I was making a ton of money and it was super exciting.  I quickly became addicted to trading, developed extreme euphoria, and quite literally felt invincible. I convinced myself that I was untouchable and I could repeat my good fortune.  Unfortunately, all of those “good” feelings caused me to make some really horrendous trading decisions.  When that account tanked, I ended up at the opposite end of the spectrum…depressed, angry, and upset.   No more outburstsLife is fast-paced and so we often live in a constant state of “hurry”.  FOMO is very real!  (Fear of missing out, in case you are wondering.)  We don’t want to miss a thing, in life or trading, so we rush into decisions with our emotions at the helm.  If we truly want to be successful, we must recognize what we are experiencing and feeling, slow down, and learn to be deliberate and purposeful in our decision-making.  It’s counter-cultural to think that slowing down will actually make us better, but it does. Awareness will help us understand ourselves better and understand why we are trading the way we are.Resources & People MentionedDiscipline, Discipline, Discipline!!!Forex Master TraderSend questions, comments, and podcast ideas to: Business@TradingStrategyGuides.comKevin Pyne’s Trading Buddy System Connect With Casey Stubbs YouTube:    Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.Support the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine.  He is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom.  In this episode of How To Trade It, Casey shares six super simple steps to help you scale your account.  You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[00:35] Step 1…having a written plan[05:40] Learning how to use M.O.N.E.Y. to trade our A+ Set up Strategy[15:50] Our Forex Master Trader community funding optionsWhat’s Your Strategy?You are going to be more successful if you use a simple, easy-to-follow trading strategy.  Find one you like,  then stick with it.  You want to outline the strategy and have all of your rules written out, so you are able to identify if you are following the plan correctly.  Without a strategic plan, you will wander around aimlessly, and that’s a terrible way to trade.    Review, review, reviewEvery week, you need to sit down and review your trades.  Ask specific questions, like, “Did I follow my rules?  My risk management? How are my results?  Is there something I need to tweek?”  If you don’t have a successful week, do not just toss out your whole strategy.  Make a small change, based on the answers to your questions, and implement that change over the following week.   Resources & People Mentioned Zero-to-a-Million Trading StrategyThe Power of No in Trading (podcast episode regarding DISCIPLINE!)Funded Trading?  Send questions, comments, and podcast ideas to: Business@TradingStrategyGuides.com Connect With Casey Stubbs Website:      https://caseystubbs.comYouTube:    https://www.youtube.com/TradingStrategyGuidesTwitter:       https://www.twitter.com/caseystubbsFacebook:   https://www.facebook.com/TradingStrategyGuidesLinkedIn:     https://linkedin.com/in/caseystubbs   Subscribe to How To Trade ItDisclaimer: Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advicSupport the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine.  He is an entrepreneur, a leader in his local church, and is a successful business owner and trader.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom.  In this episode of How To Trade It, Casey shares the importance of self-discipline with practical steps to make improvements in your own life. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[05:05] Integrity in life and trading[12:40] Positive self-talk[17:47] Celebrating your winsSelf-disciplineIf we are going to succeed in trading, we need to learn the fine art of self-discipline.  We must say NO to bad trades and the opportunity to make money, when the trade doesn’t fit our plan. One of the greatest examples of self-discipline can be found in World Trading Champ, Mark Minervini.  It takes a great deal of restraint to pass up 1,000s of opportunities to trade and only select 22 over the course of an entire year.  If you haven’t done so, check out my podcast regarding his 2021 year in review and see for yourself..   Positive Self-TalkWhen you mess up, and you will, don’t punish yourself with phrases like, “Geez, I’m so stupid, I’ll never be good at this.”  Instead, replace that kind of thinking with an acknowledgment of the mistake and a positive word.  For example, “Wow, I really made a mistake by not setting a stop loss on that trade.  I won’t make that mistake again.  Next time, I’m going to crush it.”  You must push yourself to keep moving forward as you learn from inevitable mistakes.  Quitting just isn’t an option.  Resources & People MentionedSend questions, comments, and podcast ideas to: Business@TradingStrategyGuides.comMark Minervini recent podcast episodeConnect With Casey StubbsWebsite:       https://caseystubbs.comYouTube:      https://www.youtube.com/TradingStrategyGuidesTwitter:          https://www.twitter.com/caseystubbsFacebook:   https://www.facebook.com/TradingStrategyGuidesLinkedIn:     https://linkedin.com/in/caseystubbs   Subscribe to How To Trade ItDisclaimer: Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose. You should be aware of all the Support the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.

Jake Wujastyk is the Chief Evangelist and VP of Strategic Growth at TrendSpider. He’s been fascinated with the stock market since middle school and has been trading as a hobby ever since. His pursuit of Economics in college led to a love for start-up businesses and greater knowledge of the markets. He is now combining his passion for the stock market and start-ups to help make TrendSpider the world’s most powerful technical analysis software. In this episode of How To Trade It, Jake shares valuable knowledge related to his success. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode, if you are interested in…[00:29] Hearing how Jake got started in the markets…in middle school!!![08:16] Where to enter a trade[19:47] Having VWAP explained[25:20] How the Volatility Index worksMiddle School Jake’s mom started him out with a custodial account, while he was still in middle school.  By the time he was in high school, the financial crisis of 2008 was in full swing. Jake would ask for shares of stock for Christmas, and by the age of 16, his mom was letting him trade her account as well as his own.  He learned about the markets from reading message boards and through trial and error.  Jake was good at trading beaten down names like AIG, Wells Fargo, and Genworth Financial. He attributes his success to lots of luck and an emotional detachment to his trading, since he wasn’t using his own funds for investment. Jake stopped trading while he went to college to study economics. This ultimately led him to a greater understanding of how the markets actually operate.  Entry PointJake likes to use basic volume-weighted average prices to determine where to enter a trade.  He looks at volume from a specific anchor point in time.  He tends to exit at the break of the previous week’s low.  Resources & People Mentioned Brian Shannon at AlphaTrendsThis coupon is good for 25% off a single month or single year subscription to TrendSpider.  The 25% off coupon code is HTT25Connect with Jake WujastykWebsite:       http://trendspider.com    YouTube:     https://www.youtube.com/c/TrendSpiderTwitter:        https://twitter.com/Jake__Wujastyk Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.Higher Listenings: Joy for EducatorsA new podcast from Top Hat delivering ideas, relief, and joy to the future of teaching.Listen on: Apple Podcasts   SpotifySupport the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.

Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine.  He is an entrepreneur, a leader in his local church, and is a successful business owner and trader.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, while also achieving financial freedom.  Helping others is at the heart of all that drives Casey on a daily basis.  In this episode of How To Trade It, Casey shares what he learned as he studied Mark Minervini’s 2021 trades. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[00:01] Mark’s 338% ROI[01:27] ANF…a solid set-up[06:21] GM (General Motors) trade[08:06] Key takeaways[11:43] Darvas Box trades (STAA)[13:02] NNOX trade[14:36] UAVS trade[17:43] MP (Materials Corp.) trade[19:04] Mark’s 22 trades in 2021[20:45] GBOX…the loser![22:24] YETI trade[23:44] Mark’s IPO choice…ZIM[24:50] Seeing a theme here?Resources & People MentionedMark MinerviniRichard MoglenCalm Cash appBill O’NeilBooks by Nicolas DarvasSend questions, comments, and podcast ideas to: Business@TradingStrategyGuides.comConnect With Casey StubbsWebsite:       https://caseystubbs.comYouTube:     https://www.youtube.com/TradingStrategyGuidesYouTube:     https://www.youtube.com/caseystubbsTwitter:         https://www.twitter.com/caseystubbsFacebook:   https://www.facebook.com/TradingStrategyGuidesLinkedIn:     https://linkedin.com/in/caseystubbs   Subscribe to How To Trade ItGrab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.Support the show📈 Want to Replace Your Paycheck with Options? Join my free live training this Thursday: 👉 https://reports.ubpages.com/replace-your-income-webinar/ 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.