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The Option Genius Podcast: Options Trading For Income and Growth

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Feb 25, 2020 • 24min

Etrade Trading Account Hacked, Lost $15,000 - 63

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- This episode is extremely important for anyone who is saving money for retirement. If you are investing, even if you're not trading, the information that I'm going to cover in this episode is going to scare the daylights out of you, but luckily there are steps that we can take to prevent massive, massive loss and fraud. Passive traders, warning, your account, your trading account is going to be hacked. If not today, then it's going to happen tomorrow. But at one time, your account is going to be hacked and money will be taken from your account unless you take strict, crazy actions to protect yourself. My E-Trade account was hacked for $15,000. That money was taken out of the account with no notice to me, no indication. I didn't know anything was going on. Luckily, I figured it out. When I found out how they did it, my mind was blown how easy it was. Now, let me tell you the whole story. Back in October of 2019 E-Trade limited what I could do with my account. Now, I have one account with E-Trade. I have had it with them ... This account has been open for years and years. Before it was with another broker that got bought out by another broker named Option House. Option House then got bought out by E-Trade and recently E-Trade just announced that they're being bought out by Morgan Stanley. So this account has been open for years and it has well over $100,000 in it. But I don't use it for options trading. I've only bought some long positions in stocks and has just been sitting there. So this is not an account that I checked on a regular basis. But back in October of 2019, they limited what I could do with the account. They sent me an email saying, "Your account is limited." They made me call them to verify who I was. I didn't know why. But when I called them, they finally told me that, "Hey, someone was trying to withdraw funds from this account from different places all over the world, from different countries." So they wanted to make sure that it wasn't me and that it was fraudulent. Now luckily, they had stopped those transactions and those withdrawals, but they wanted to place a limit on the account until I got in touch with them so they could verify. Once they verified it was not me, we changed my password and everything was fine. Account was back up, no restrictions. Now again, this is an account that I only log into maybe once a month, if that. All right. Every other month or so I log in just to see how things are going. Now, in January of 2020, so that was October when they alerted me to the fraud. Three months later in January of 2020, I logged into the account just to see how things were going. By chance, I mean this was luck that I noticed this, on the side of the screen it has a little section, little widget or whatever it's called, and it says recent activity. On that recent activity thing, it showed ACH withdrawal. That's all it said, ACH withdrawal and a date. I'm thinking to myself, "What is that? I didn't withdraw any money. What could this have been? I don't understand. What is this?" So I clicked on it, went to the ACH withdrawal page to see what was going on, where the money was going. It didn't make any sense because I found several other withdrawals as well to different places, Discover card, Kohl's, something called Gemini, a whole bunch of other vendors. I didn't know what this was. Over the past two months, so over November and December, close to $15,000 was siphoned off in small amounts and then larger ones, so a couple hundred dollars, $300, and all round weird numbers. It wasn't $300. It was $315.42. And then there were larger ones. They started off as small amounts and then they got larger and larger. Every couple days there was another withdrawal. So I get on the phone with E-Trade to report this. I spoke to somebody in their customer service who filed a report and I had to tell him to stop all the withdrawals. So he's taking my information, asking me, "You didn't do this and you didn't withdraw your Discover and you didn't withdraw to Kohl's?" I'm like, "No, I don't have a Discover card. I don't have a Kohl's account. I don't know what any of these vendors are. Stop the withdrawals." So he goes, "Okay. I will stop all the withdrawals to these vendors." I'm like, "No, dude. You need to stop all withdrawals, not just to these vendors, to every single vendor out there. I want a complete pause on this account. I don't want any money going in or out of this account any more until you figure out what's going on and until I get my money back." Because for some reason he couldn't figure that out on his own. I don't know. He told me he's going to take over a week to investigate. If there's fraud involved, which of course there is fraud involved, it could take up to 90 days to get my money back. 90 days. Now, the one thing I couldn't figure out is how they got any money out of this account in the first place because just about every penny I had in there was already invested in a stock. There was maybe a couple thousand dollars leftover in cash, but I didn't have no $15,000 that these guys had taken out. I couldn't understand it. So it wasn't like I was out any money, but I'm sure that if I hadn't reported it, then E-Trade would have come after me for that $15,000. A week later, the investigation's going on. I'm going to wait back. Hopefully they have stopped it. Actually I kept logging in every day and I noticed that the ACH withdrawals were still happening. They weren't approved, but whoever this scammer was, this hacker, they were still trying to withdraw money. But now it was getting stopped. It wasn't happening any more. But they kept trying and they kept trying. So a week later I get an email from my other broker, Ameritrade, that one of my accounts there had been hacked. Now this, to me, is more scary because I have several accounts at Ameritrade. So I get on the phone with them. I'm like, "What's going on?" They told me the account. I mean that account doesn't have any money in it. It should have been shut down years ago. I think it has two cents in it, that's why they kept it open. But somebody was trying to hack into that account. Luckily, it didn't have any money and they stopped it. Were the two incidents related? I don't think so. Probably not, because if they can hack into one Ameritrade account, what's to stop them from hacking into all the other ones? This was an account that we didn't even use, so that was interesting. But the E-Trade investigation, okay, this is the crazy part. This is how they stole the money. The E-Trade people discovered that the scammers had gotten a hold of my account number, not my password, not my username. They only had my account number. They only needed my account number and the E-Trade routing number to steal money. Now, the E-Trade routing number, you can go online and Google it and you'll figure it out. That's not hard to do. Now, think about it. If a scammer, the only thing they need is your account number, I mean, how many people do we share our account numbers with? They're on our tax returns. They're on our bank statements maybe. They are on our mortgage applications or credit applications. I mean I never considered that as top secret information. I didn't give it out to anybody, but it's not top secret. But if that's all they need to steal money without even us being notified, this is a serious, serious security flaw in my books. What the hell? This scammers, they didn't even have to log into my account. All they did was they used the account number and the routing number and they set up payments to all of their different accounts. So Discover was an account that they had. Kohl's was an account that they had. All the other stuff were other debit cards or credit cards or whatever, these accounts that they had, they were able to set up ACH withdrawal payments from my account to pay off their accounts. Again, like I said, these withdrawals continued to happen even after I reported the fraud. No money was taken out, but they kept trying. It was like set on autopilot. Guess what happened after that? E-Trade told me that they were powerless to stop it. They could not stop these people from trying to take money out. The only thing they could do was shut down the account, transfer everything I have to a new account with a new account number. Wow. So not only is the scam easy to do, but the company can't even stop it unless they give me a new account. Thankfully, they agreed that it wasn't my fault and I wasn't doing fraud and so the money was returned. Actually, it wasn't even my money because I didn't have any money left over in the account. It was margin money that was taken out. So since I didn't have that much cash in my account, the withdrawals were actually made with margin. Not only if I hadn't reported this, E-Trade would have been charging me interest on top of the fraud. Right now as I record this today, it's past mid-February and I still have no access to this account. They told me they were going to shut down the old account, move everything over to a new account, and then everything will be fine. So yes, they have done that. I can log in to the account, but I can't see anything. I can't see my positions. I can't trade anything. I can't buy anything, can't sell anything, can't do anything. Luckily, I only had long-term stock positions in this account. The markets have been moving higher. So I'm okay. But if I had options in this account or if the market started dropping, I would be powerless to do anything because I can't even see my positions. They won't let me do anything. There's only one person in the company that has the ability to do anything. I've called their customer service several times and said, "I need access to my account." They're like, "Well, your account is in security and only this one person can help you." I've emailed that person, left messages. Sometimes she calls me back or emails me back and says, "We're still working on it. We're still working on it." I have no time or ETA or knowing anything when this is going to be done. When am I going to get my account back? Pretty much it's being held hostage for whatever reason. So I'm basically powerless. That is never a good position to be in. Now, the thing that makes this even worse, and this is why up till now you guys are thinking, "Oh wow. That's really bad, Allen, that happened to you. It's not going to happen to me. I got a really cool password." Well, remember, they didn't need my password. They don't have my password. They never had my password. They never logged into the account. They did it with an ACH and my account number. Let's say that you're hiding your account numbers. Okay, great. You have different passwords. That is great. But let's say somebody does hack into your account. The companies that hold your trading accounts and your investment accounts and your retirement funds, if there is fraud and you lose money from that, somebody takes money out or whatever, they are not required to make you whole. I'm going to say that again. The investment accounts, like your stock broker or your mutual fund company, they are not required by law to give you your money back if you lose money due to fraud. Now, there is a website called Consumers' Checkbook that looked into the largest firms and many of them don't even have a fraud protection policy. While some of them do say that they will cover fraud 100%, you have to live up to their guidelines which, in the case of Merrill Lynch, with Merrill Lynch, means you have to satisfy 85 different requirements, 85 different requirements. You have to be able to check off every single one of those things that you have done those in order for them to live up to their fraud protection policy and make you whole. So no, Molly, your money is not safe. Okay? So what do you do? What can you do about it? Well, I have a list here. I'm going to give you a list. Hopefully you can listen to this. When you are sitting down, you can write these down or look on the show notes. But what you need to do is you need to have a different username and a strong password for each account. That you already know. You probably don't do it, but you already know this. Different user name and a strong password for each account, because this is money. This is important. This is not like we're trying to log into Facebook or something simple. Every single website in the world requires you to have a login now. I mean if you're an OptionGenius member, you have to have a login and a password to log into your Option account. Now, if somebody takes your password and logs into your account, they're not going to be able to mess you up. They can't do anything to you. They can't hurt you in any way. But these accounts, it's like a vault. It's a gold mine. It's just sitting there. The money's sitting there and the hackers know this. The hackers are not going after the banks any more. They're going where the money is easy and the money is easy in mutual fund accounts and investment accounts and IRAs and 401ks. That's where the money's easy. So you have to be very careful. Number two, you need to add something called two-factor authorization to all accounts. This is like a second password. Some sites, what they'll do is they'll text you a code before you can log in. So you type in your name, your password, and then they text you a code to your phone which you enter in and then they get in. That way only if you have your phone can you access your account. Some other companies, they use third-party apps. So they make you download a new app on your phone. There's one called Google Authenticator. E-Trade, they use an app called VIP Access. That is also two-factor authorization. You have to download a special app and then that app will give you a code. If they don't text it to you, they'll make you download an app that'll give you a code that you have to enter in when you log in. That's the only way you can log in. Now, of course you have to use your phone. If you lose your phone, it becomes a big headache because your phone number is tied to the account. There's a whole process about that. But it's better than just leaving it open. Number three, you got to check your accounts at least once a month. Now, this you can do and hopefully you're all doing it once a month. I track my balances on a spreadsheet now as a backup. So every month I go into all my accounts, I've decided, and I'm going to put in my balance, boom, boom, boom, boom, boom. Any time there's a balance from month to month, if the balance changes a lot, I'm going to investigate. Okay, make sure it wasn't fraud. It's just, yeah, my securities are going up and down. All right. That's fine as long as there's no money going out. Number four, when you get an email from your broker, they'll email you, "Your options are expiring," or, "This is going on. We have a message for you. We need you to log into your account for whatever reason. There's new policies or something or other." Don't click on any links in the email. If your broker sends you an email or a text message or whatever and says, "Hey, we need you to log into your account." Say, "Okay, thank you." Go into your internet browser. Type in the name of your broker, whatever it is, broker.com, etrade.com. Ameritrade.com. Go to their website and log in from there. Do not click a link in an email or a text message or any other communication because scammers and hackers send emails that look like they come from your broker, but they will take you to a fake website that looks like the real website. You're going to try to log in there and they're going to grab your login information. So that's number four. Number five, do not log into your account on public WiFi. Do not use public wireless Internet. So if you're sitting at the airport, if you're at the hotel, don't do it. You can use it for your phone if you want to and check your email or check your whatever messages, Facebook and emails and news or whatever. But do not log in to any accounts that are sensitive. If you have to log into those, use your own cellular data plan if you have to. Number six, obviously, do not share your login information with anybody. Do not share your account number if you don't have to. If you have a mortgage application and they need to know what money you have and what assets you have, write down, okay, I have E-Trade account and two digits of the account number. They don't need to know your account number. Nobody needs to know your account numbers. Even E-Trade doesn't ask you for your account number when you log on. They only ask for part of it. It's like a Social Security number. Do not give out and do not leave it laying around. Shred all of your statements if you get them in the mail. If you don't need them any more, shred them or keep them under lock and key. Keep them safe. Keep the information safe. Number seven, this was a new one to me. Do not give your investment details to sites that help you track sites like Mint or Quicken or Personal Capital. These are basically websites that tell you, "Hey, you can track all of your accounts just on our site. You can track all your bank accounts. You can track all your investment accounts and you can see how you're doing." Well, guess what? If these sites are hacked and they lose your information, your investment, your stockbroker doesn't have to cover the loss because you knowingly gave your login information to a third party and that third party got hacked. So your broker, as far as your broker's concerned, it's their fault. They didn't get hacked and so they don't have to cover the loss. I hope you understand that because a lot of people use these sites, Mint, Quicken, Personal Capital, and there's a whole bunch of other ones. They might make it easy for you to track all your credit cards, all your bank statements, all your investments in one spot. But if they get hacked and your personal information, your login and your password gets stolen and somebody uses that to log into your investment accounts and take money out, your broker is not liable and is not responsible and might not make you whole. Number eight, again, shred all documents if you don't need them. We already said that one. Now unfortunately, things are only going to get worse. If you haven't been hacked yet, you will be hacked because thieves go to where the money is and there is more money sitting in mutual funds, 401ks, HSA plans, and investment account than ever before. It is not as secure as the bank. If you have a checking account or a savings account, it's guaranteed by the government up to a certain amount. If somebody hacks you or the bank goes out of business, your money is protected by the government, not so with your retirement funds. There is no government agency that is going to back you up if there is fraud because it is very expensive to keep these hackers away and to keep refunding customers' money. Only the larger companies, the very big companies, can afford the top-of-the-line security that they need to keep these hackers out. Even then, they still get hacked. E-Trade, big company, right? They just got bought for $31 billion. That's what they were worth. They got hacked easily. So be very, very careful, especially if you use a smaller firm. Check what their fraud prevention is. Some of them say if there's fraud, they'll back you up 100%, like Merrill Lynch. But you have to live up to 85 different requirements, which is insane. The best thing to do is to protect yourself from being hacked in the first place. Like I said, I already gave you eight different things that you can do. Make sure you get that two-factor authorization in place. Make sure you have strong passwords, different different passwords for different accounts. That's the easiest thing you can do. Check your accounts on a regular basis. Make sure there's no money going out, and just be careful. Be mindful of what's going on. I'm going to leave some links in the show notes for more information on this, on what are the things you guys can do to protect yourself. But like I said, if it happens to you, it's a pain in the butt. Because it happened several months ago and I still have no access to my account and I didn't do anything wrong. I don't know how they got my password or my account information. They didn't get my password. I don't know how they got my account information, my account number. Maybe they just guessed it randomly. I don't know. E-Trade couldn't figure that out either. The only thing they could do is give me a new account. Okay. Well, how long before that happens again? I mean I still haven't decided if I'm going to move my funds away from E-Trade because of this. Probably I am. But every other broker is the same thing. They all have similar systems. I wish I could go to Ameritrade, but my Ameritrade was hacked. Luckily, nothing happened there. So yeah, I'm taking a lot more precaution than I was doing before because I mean, imagine you get hacked and your bank says, "Well, hey. We not going to cover you." What? For me, it was $15,000. For other people that could be a lot more or less. It doesn't matter. It's still hard-earned money that we've made. We try. We work hard. We invest. We trade. We do our best. And then the money's just sitting there and it's just gone. They have no idea how to catch these people. They're sitting who knows where. Maybe they're in Russia. Maybe they're in some other country. They're just hacking, hacking, hacking. Nobody can find them. And even if they know where they are or who they are, our government can't do anything. Our government's not going to go after them if they're in some country that's on good terms with the U.S. So there's nothing really we can do about it to stop it, except to protect our accounts a little bit more. I hope that you follow the recommendations laid out in this episode. I hope this episode is a wake-up call. I hope I can grab you by the shoulders and shake you and say, "Look, it happened to me. It can happen to you. It can happen very easily to you." Please be careful please. It's going to happen. It's the same thing with identity theft. It hasn't happened to me, thank God, but it has happened to other people I know. It's a matter of time before somebody hacks into my email or somebody guesses my Social Security and steals a credit card or does something. That's just the nature of the world we live in. The more that we go into electronics and the more we get away from real money, which we don't even use that much any more. Everything is online. Everything is on computers. We're just sitting ducks. That's exactly what your investment account is. It's a sitting duck for hackers and scammers. So put some walls around your duck. Put some safeguards in place. Be as stringent and careful as you can. Hopefully, it doesn't happen to you. I always tell you to trade with the odds in your favor. Well, this time we need to protect yourself. I don't know if we can ever put the odds in our favor in terms of protecting our accounts, but we need to do as much as we can. So with that said, I hope this never happens to you and I hope I get my account back soon. Until then, may the markets be great. Thank you. https://www.usatoday.com/story/money/2020/01/14/401-k-retirement-accounts-targeted-online/4453891002/ https://www.checkbook.org/puget-sound-area/identity-theft-protecting-your-investment-and-retirement-accounts/ -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 
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Feb 16, 2020 • 23min

A Decade To Freedom - 62

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- Every single day you get older and older, and this is not something we can stop, but it is something we should be taking advantage of. And that's what I want to talk about in this episode.  It's already 2020. Another decade has come and gone, and it's fun sometimes to sit back and say, "Wow. You know, where'd the last 10 years ago? They go by so fast." Oh, geez. 2010, man. I don't remember everything about 2010. It just seems like the older we get, the less we remember. But 2010, I had to write this down. I had no kids in 2010. Now my oldest is nine, and then we have a seven-year-old and a three-year-old. And I really cannot remember what it was like before them. That's a crazy thing. That was only 10 years ago. But they've changed our life in so many crazy ways that it's unbelievable. 2010 was also the beginning of Option Genius. Option Genius was started in 2009. So it only was about a year old, and I was just getting started with a couple of hundred members, and doing iron condors every day, every month, and just really had no clue. But I mean, we had no clue as to how to grow the business or where it was going to go. At that time, it was just going to be one website, kind of like a lifestyle brand or lifestyle company that I wanted to just use, and earn some extra money, and stay busy. Because I was trading options full-time, making money from it, but wasn't taking very long, and I was getting on my wife's nerves. So she told me very bluntly one day that, hey, you need to go do something otherwise because you're driving me nuts, and that's what she told me. So that was the reason for the birth of Option Genius. And of course, I wanted to help people, so that's awesome too. But really, it was her push that I needed to do something else with my time that led to the creation of Option Genius. Now, at that time, we had one website, one membership. That's all I was going to be. Now we have three memberships. We have two full-scale, very large courses that stand on their own. We have e-books. We have other products that we sell. And I have my Passive Trading book coming out. Still working on that one. Hopefully it'll be out soon. I know I've said that many times, but I'm still working on it. Want to get it just right, but I think maybe I should just get it out before it's going to be another 10 years and I'm still saying the same thing that I'm still working on this book and it's already been two years. Two years that I have been saying that. So I promise to get it out soon. What else? 10 years ago, the U.S. Was just coming out or still in the midst of the great recession. Lending was tight. It was hard to get a mortgage. It was hard to get a loan. It was hard to buy anything on credit. People were scared about what was going to happen to the future. Stock market was kind of ... You know, who knows what it was going to ... Nobody knew. Nobody could tell what was going to happen, and politics was all going nuts. Everybody was fighting, and just a big mess. Now, 10 years later, I take a look at my own self, we have the three kids, changed our lives completely. Financially, we're much stronger. We're much better off in much, much better position than we were 10 years ago. My five fingers are growing. And if you don't know what I'm talking about when I say five fingers, we do have a podcast episode that we did earlier on that covers that. Basically, in a nutshell, it's you got to have five different streams of income that are independent. So if one of your fingers breaks or two of them break at the same time, you still have three that are working and generating income for you while you regrow the other two. My passive trading is doing wonderful. I'm moving more and more towards that. My oil options trading is doing great. I'm very, very happy with those results. Keep learning, keep trying to do new things with that as well. But I keep seeing that the more I try different strategies, the more I try to mix it up or to improve it, it just changes it up. So I got to go back to the basics. Then, the way that we do it is the way that's been working. So even though we tried to improve this ... Okay, can we modify this? Can we change this amount? And we'd do backtesting on it. We find out that the original, the way we're already doing it is what's working the best. So I'm happy about that. My income from investment is growing considerably because the money that I'm getting ... Thank god we have enough to survive. My family, we are not big spenders. That is something that was ... I was very blessed with a wife that knows how to save money and knows how to be prudent with her money. So when she wants to buy something, she can go out and buy it. That's fine. She does. But she's not into name brands. Neither am I. We're trying to get our kids that way. She's not on top of the latest fresh and trends that she has to have a Gucci bag or a Prada bag and everywhere she goes, and she has to have 20 different kinds of bags, and she has to have matching shoes for every outfit and all that stuff. She looks good, but she does it without spending a lot of money. So thank god for me, right? So our expenses are lower than what they would normally be for a family of five. So the money that is saved then goes into other investments. So we've started to invest in other people in terms of people who are starting companies that people that we know or people that have cause that we would like to see. So we're investing in those types of businesses, and the returns have been good from that as well, and that's growing and growing. It's really interesting because the growth or the changes of my mentality over the years is something that I haven't really talked about. But when I started, it was all about I have to make enough money to pay the bills. Pretty much desperation. Now, my wife was at the time was working two jobs, so she was making enough to cover the bills. But being the man of the house, your masculinity is at risk when you're not bringing home the bacon. Now, I know that is changing now and there are a lot of guys who are stay-at-home dads, and that's wonderful. But in my household, my wife didn't want to work. She wanted me to do the job. She wanted me to make the money, and she wanted to not have to work two jobs. So it was on me to, hey, at least pitch in, at least they have the bills. I wasn't paying anything because I was laid off, and I was losing money, in fact, from my trading. So that was my first goal to, hey, start making some money, help around with the household expenses. And then eventually it got to the point where I was able to pay for all the expenses. Then, she quit one job. Then, later on she quit another one. Then we had the funds for her to actually go and start her own business, which is doing very well. So that was a good succession, and she was happy with that. Thank god. So my thinking shifted, right? So it went from first off to being in a mode of desperation, being in a mode of, okay, I need to pay complete attention to this, I'm going to do this nonstop 40 hours or more a week because I need to pay the bills doing this, and so I was on top of my trades. I was learning new strategies. I was backtesting. I was staying on top of the markets religiously. And then eventually, slowly, slowly, slowly, I got the confidence to know what I was doing to get better at my trades, to pick the strategies that worked for me and to really hone in on those strategies and to get better and better and better to the point where then I was comfortable again. I got to the point where, yes, okay, I have a certain amount of money coming in. I am pretty confident that that money's going to continue, and so now I can take my foot off the gas and I can kind of relax a little bit. That's when I got to the point where, okay, I'm chilling. I got money coming in. It comes in, and I spending a little bit of time on them. Still am working and staying on top of the markets but not like I was before because now I have a cushion. Now I have enough of a larger enough trading account where I can be relaxed. And even if I go a month and I lose, I still have the money where I can still generate income from it, and still take out the money, and still be okay. So the stress level, completely different stress level. Completely different mental game at that point. Now it was how could I maximize what I have instead of oh my god, oh my god, if I don't make money I'm going to not eat or whatever, whatever the case is. You don't have to borrow money from my father-in-law to pay the rent or something like that. So that was a complete shift. Mental, emotional, confidence-wise, I was a different person from being a failure at trading to now being actually living the life that I had always dreamed of living. Then, that's when my wife pushed me to start Option Genius. Then I got into ... Basically, I saw myself as a new role. I saw myself as a new person where I was like, "Anybody can do this stuff. Just go ahead and do it. Just learn it like I did." But I found that people needed a lot more handholding, for whatever reason they didn't believe it, or they didn't have the time, or they didn't have the resources to put the time in to learn it. So I think that Option Genius has helped thousands and thousands of people over the years because we've gotten all the emails, we got the testimonials, we have videos of people thanking us, and it's been really a blessing to me. I know I've been trying to help other people through it, but it does provide income and it does provide me with a satisfaction that I'm actually making the world a better place. Because when you're just sitting there selling options, it's great. It's great money. And I feel good that I can make money and I can provide for my family. But I'm not really helping the world very much. I'm not really changing the world. I'm not out there helping little old ladies cross the street or something that would really charge your soul. Yeah, you can take the money and you can go out and help people. You can feed the homeless. You can adopt a child or something. But if you're only in front of the screen and you're just sending out checks, you don't have that same feeling of actually going out and doing it. So by selling options, it's not like you're a public defender. If you're a lawyer, you go to law school and then you actually go and you try to help people that are innocent and you try to get them off. That is you're using your skills to make the world a better place. I didn't feel I was doing that by being a trader. If I didn't sell these options, maybe somebody else would, or maybe it wouldn't even be necessary. But I found something where I can actually go and take income from it. Okay, it didn't help make the world a better place, but it hit and served my needs. So that was great. But now I was getting bored. I got to the point where like this is fun, but now I'm bored. So my wife told me, "Go get a business. Go start your own business. Go help other people," so I did that. So that, it's been a complete blessing. So that was a new phase of my life. So first we had desperation phase. Then we had confident trader by myself phase. Then we had, okay, now we have a company where we're actually have people working for me and we have people that we're helping as members and students, and people asking questions, and me be able to respond and share my knowledge, and not really being a leader in a sense but being more like a teacher or an educator. And that really has helped me feel good about myself in that role. But as time went by, that was great. That was a great aspect. But in terms of my trading, I realized that I don't want to be spending even the time that I am spending on my trades. I mean, you can be doing iron condors. You could be doing butterflies, and calendars, and these type of strategies, and you can dive into the weeklies and you can generate very, very good returns. Whenever we do a butterfly spread, my target is 20% return on that trade. Iron condors, we're looking around 12%. Weeklies, we're looking for 5% a week. That's a lot of money if you can do it over, and over, and over again, which is what we try to do. So that requires a certain amount of time where you're staying on top of it. Now, my ultimate goal in life is not to be a trader, if that makes sense. I'm using trading as a vehicle to get me from point A to point B. But when I get to point B, I might not need the vehicle anymore. I will probably always trade, but I'm not going to be trading for a living anymore. I'm not going to be saying, "Okay, I need $12,000 a month to pay all my expenses. That's how much money at least I need to be making from my trading account." I won't be there. I'll be having my five different, at least five different, streams of income, and I won't have to worry about if I don't trade this month, how am I going to pay the bills. That's where I want to get to. That's where I'm moving towards. So how can I get to that point where I can pay my bills or increase my accounts without having to spend so much time monitoring the markets and looking at what's going on? So that is what I've been working on for the last couple of years. So okay, I know option trading can get me there to the point where maybe I'm just spending three, four hours a month, maybe five hours a month maximum and I'm still earning really, really good returns that's better than anybody else can get or any other investment. But I don't want to be spending 10, 15 hours a week. Does that make sense? So I got to the point where I have money coming in. I want to go out and actually do good with that. I want to get to the point where I'm the one feeding the homeless person, not just writing a check for them. I want to write the check, too, but I want to be able to go out there and actually feed the homeless person, and shake that person's hand, and talk to them, and see if we can help them or whatever. There's just an example. Whatever the issue is. But I want to be the one that can actually go out into the world and make a better place. And if we build a school, I want to be able to go and visit the school and be involved in the process of picking the location and seeing the kids go there. I don't want to be a teacher or anything, but I would like to be able to go and visit it from time to time, even if it's in another country somewhere off in the mountains or something like that. So that is the ultimate what I want to get to. So when I start my foundation, and I've been talking about this for a while, I'm still in the process, my goal is to be able to work on the foundation and be able to help in certain areas that I would like to participate in. So in order to do that, you have to study. You have to research. You have to talk to people. So I believe that I'll be able to get access to certain conferences. Or if you call up the university and you say, "Hey, I want to talk to so-and-so professor about something," if you just say, "I'm Joe Schmoe," they probably won't put you through. But if you say, "Hey, I'm calling from XYZ foundation, they'll be like, "Oh, okay. It's a donor. Get that guy, get the professor on the phone." So that's the whole point. That's why I came up with Passive Trading. That was the whole idea behind it, whereas we want to have something that is stable, reliable source of consistent monthly income. Another aspect that has bothered me for years after the great recession and the financial debacle was that there were a lot of people at that time that were trading iron condors and certain strategies. Then after or during the recession and afterwards, the iron condor, the way everybody was doing it, just didn't work anymore, and so people were lost. People kept doing what they knew without changing. They didn't realize that the market had changed. They saw that, hey, before I used to put on an iron condor and I would only have to adjust it maybe 6 or 7 times out of 12. Now I'm putting on my iron condors and I'm adjusting it 10 times out of 12. They noticed that part, but they didn't realize the reason why and that the market had changed and so they needed to change their strategies along with it. So that bothered me. It's like, "Okay, these people ... " And I was doing the same thing. I had all my money tied up in options, and I was selling options. But the point is if you have a large move in the market, and, let's say, you're using 70% of your account, if you're doing iron condors, or spreads, or whatever it is, if you're only trading in options, if you're only doing options, and there's a large move that catches you off guard and it goes against you, there's a good chance that you can lose 70% of your account or whatever percentage you have in your trades. You could lose all of that. Even if the market comes back, once it's gone, once that trade is over, once it expires, or once you get out, it's gone. That money's gone. It's very hard to recover from. Now, this is unlike stocks, right? Where if you buy a stock at $100 and it drops to $50, yes, you've lost money, but you can still hold onto that stupid thing until it comes all the way back up to a hundred hopefully. Does that make sense? So with the stock, you actually have something that doesn't expire. With the option, we're selling them because they do expire. But my point here is that the stocks can act as a foundation for your option trading portfolio. So if there is a drop in the market and your option trades do lose, you still have your foundation. What I found out was that when the markets dropped, a lot of option sellers would lose all their money and they'd be blow up their accounts because they didn't have a foundation. They didn't have a way to bounce back. They didn't have any rock solid thing on the bottom that was still there that they could build off of. So part of our Passive Trading Formula, and that was part of the thing that I came up with first, say, "Okay, if I'm going to be a trader, I have to be able to withstand all the ups and downs." Because the great recession was they say once in a lifetime. I don't know. I don't know if the stock market is going to drop another 50%, or 60%, or 70%. It could. And if that happens in one day, or one week, or whatever, a lot of my option trades are going to lose money because that's unexpected and is huge. So how would I recover from that if that did happen? That's the biggest thing that a lot of options sellers don't think about. Well, in this particular situation with the great recession, stocks stopped like 50% or more, but then eventually they'd recover, and it took ... Some stocks recovered within three years, five years. Some took 10 years. But they did recover, most of them. And in the meantime while they were recovering, option sellers were able to rent them out and sell covered calls on them and naked puts on them. So the people that had that foundation, number one, they didn't freaked out as much. Yeah, they lost money and it sucked, but they were able to build it back. And number two, which is even more important, they didn't blow up. They didn't lose everything. So as the next 10 years go by for you ... I mean, it'd be a good experience to just sit down and say, "Hey, where was my life 10 years ago? What were my goals back then? What was I thinking back then? And then where am I now?" So take a just like I did earlier in the episode where I sat down and said, "Okay, I didn't have kids, and this and that. This was happening. That's happening. Now where am I now?" And it's like I can't believe how much has changed in 10 years. I'm sure in your life it's probably the same thing. Hopefully it is because there's ... Tony Robbins has said it and other people have said it before him that we as individuals, we overestimate what we can do in one year, like, "Oh, yeah. In one year I want to be a billionaire." But we underestimate how much we can do in 10 years. Because if you take small actions every time over and over, and those small actions, they compound on each other, and they grow, and they grow, and they grow, and the results are crazy. So I would like you to take a few minutes if you haven't done it already ... Maybe you did it for New Year's as an activity or whatnot. But think about where you were 10 years ago. What were your dreams? What were your goals? What were you working towards? What situation were you in? Look at them now. If things have not changed, then we need to take more action. We need to set better goals, more realistic, reliable goals. If you haven't done any goals at all, you don't know where you're going, you're going to be lost. You have to have something. You have to have some direction, right? You have to have some desire of what you want, and then you have to take action to get there. So if you haven't had any changes in the last 10 years, something is very, very wrong in that situation. Maybe you and I need to talk. Maybe I can talk some sense into you. And I would love to help you, okay? If you're like most people and you had some growth, some things have changed ... And I'm not saying all of them are going to be positive. In the last 10 years, my wife and I, our family, has had two very major, major losses that I didn't talk about until now. My wife's best friend and our best friends, really, they both passed in a very violent, traumatic way. It was a murder-suicide. And that still haunts me and my wife because we were so close and we didn't see it. It happened, and it affected us in such a major way that it kind of derailed us for a couple of years. Then just recently, my wife's father having been shot and killed at his job. So you're going to have the good and the bad. That's just part of it. People are going to pass. Businesses are going to fail. People are going to get laid off. Kinds of things are going to happen. Divorces will happen. Life happens. But take a look at where you were 10 years from now. Take a look at where you are now. Then, think about where you want to be in the future 10 years from now. Making goals just one year out, that's great, but you can do a lot more in 10 years than you can in one year. And I don't even think 10 years ago I would not have even imagined the kind of success and the life that we're having now as we 10 years ago. It would've been like, "Yeah, maybe 20 or 30 years from I'll have some kids and I'll be able to do this and live like this." Well, no. That happened in the last 10 years. So the dreams that you have, they can be accomplished in 10 years. I think that trading options, passive trading is an amazing, amazing way to help you to achieve your goals. This is what I want for you, and this is what your assignment would be for this episode. Look back 10 years, look at now, and then look at 10 years in the future. Where do you want to be 10 years from now? And how are you going to get there? Then, what actions are you going to take to get there? Because if you don't do anything different than you're doing now, then life will just meander. You'll just go along that dah, dah, dah. The time is going to pass. The years will pass, and you will be looking at 2030, right? 2030's going to come whether you change anything or not. But if you want things different in your life, if you want certain things in your life, then we have to take the right actions to get there. So that's it. That's the episode. That is the homework assignment. And if you want to take it one step further, I would say email me your goals for the next 10 years. Help@optiongenius.com is the email address, help@optiongenius.com. Send me your goals. I'm not going to share them with anybody. I'm just going to keep them. If I can help you accomplish them, that would be great. If you need any from me, let us know. We're here for you. And who knows, maybe we can even accomplish some of our goals together. Maybe if something of yours aligns with mine, maybe we can do it together. Who knows. But that's it. That's your homework assignment. And may the next 10 years bring you all of your dreams. Remember, trade with the odds in your favor. Take care. -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 
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Feb 7, 2020 • 30min

Overcome the Fear of Losing Money - 61

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.   -- We're going to talk about something that is downright scary. FEAR Has the fear of losing money stopped you from trading or made you trade in a way that led to losses? If yes, you are not alone. Fear is the one thing that stops humanity from achieving our highest potential. And everybody has fear. Every trader is afraid of losing money on every single trade. On this episode, I share an exercise that I have used in the past to help traders get over their fear of loss. It takes just a few minutes and it can help you overcome your fears and get you back in the game. https://optiongenius.com https://passivetrading.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 
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Feb 4, 2020 • 18min

Case Study: How To Make 168% Returns in One Year - 60

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- What would a good yearly return be for you? What would you be happy with? 10%? 15%? 25%? Our goal at OptionGenius is to make 10% a month. We don't always get there and we sometimes lose money but even if we average 5% a month, that is a great year. Well in 2019, I made 168% and in this episode I want to share how I did it and how you can do it too, and why I think that 2020 will be just as good a year as 2019 if not better. https://optiongenius.com/oiloptions -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 
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Jan 27, 2020 • 21min

The Tale of Two Traders - 59

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- This episode is called, The Tale of Two Traders because, well, this week I was able to talk to two different students that are in our Passive Trading Formula course. And they both had opposite stories and they both had opposite results. And I want to talk to you about their results and how you can avoid the one and get the other one and why there was a difference, even though both of them were very smart, both of them had similar experiences and they were similar demographics, everything was very similar. I mean these two traders, both of them had some experience with options before they jumped into the passive trading formula course. They were both motivated and excited and they watched our training about it and they decided, "Yeah, this is something I want to do." So they took the plunge, they got in. One of them, we call him trader A, he was excited and then he emailed saying, "Hey, I'm having some trouble." And so I got on the phone with him and basically he was... What's the right word? Maybe discouraged or disillusioned, maybe that's the word. Because basically his major complaint was... He hadn't done anything, and his complaint was that the course only had eight modules and a group. And that's not enough to actually teach somebody how to trade or not. You need a lot more information, you need a lot more content than that. You need a lot more. And he rattled off some things that he wanted to know exactly what I was doing and that's what he was promised. And it's true when I explain the course and what's offered in the course, I tell people that this is what I do on a day to day basis. And I guess that wasn't enough for him. The other trader, we call him trader B is in the same course. He's been in the course for about a year now. And so he contacted and I wanted to talk to him and he has, I mean he's ecstatic. He's jumping up and down pretty much. I could hear the excitement in his voice. He has made over $114,000 this past year from what he learned in the course. So trader A, trader B, same course, same information, one guy decided, "Oh, this is nothing is not worth it." The other guy decided that, "Oh, I'm going to use this." and he made over $100,000 or $115,000. That is nothing to scoff at that. That is nothing to be like, "Yeah, well maybe it's tip money." No, it's not tip money. It's a full time income. And he didn't even spend full time doing it, right? He spent a few minutes a day looking at his trades. He did a bunch of trades, but it didn't take that long as a full time job or even a part time job. I mean, I don't understand what other part time job you can get that'll pay you $115,000 a year without any stress. Really, not that much. Trading has some stress, but not really as much as I'm full time job with customers yelling at you and a boss and all that stuff and getting to work on time... No, none of that stuff. You work in your pj's, that's fine with me. I like that. In fact, I'm wearing pajamas right now in the office. Actually, they're not pajamas, but my wife calls them pajamas. They're kind of like sweats but they're like 15 years old. So that's my uniform, that's what I wear to work. And I know some of you are jealous of that because you have to dress up in a suit and tie and shave every morning and all that stuff. And don't hate me because I'm lucky or don't hate me because I found passive trading. You guys have found it too, now you guys can get on board as well. But my point is that you have two people and I asked them the similar questions. I said, "Tell me about yourself. Tell me about your background. Tell me about what you know, how much money are you playing with? How much do you have to invest? What's your knowledge? How long you've been doing this, playing the trading, the markets and options and all that?" And they were very, very, very similar. They lived in the same part of the country, they had the same amount of money to work with. They even worked in similar jobs. I mean it was crazy. One had two kids, one had one kid, but they were both older kids, so they didn't have to worry about them. Very, very similar demographics, very similar people. But the mentality was different. And there are three reasons and there are three things I need you to write down if you have a pen and paper or just remember these three if you're driving or exercising or whatnot. But the first thing that I think made the huge difference between the two of these guys is one of them took action and the other did not. And I think that comes down to it, that's it. If you do not take action, you are not going to get any results. $115,000 a year, great results. What did he do? Well, he went through the course and he did it step by step like I tell them to do in the course. I'd like [inaudible 00:05:39] them to do all the modules and do the homework assignments, put on some trades and then pick a strategy out of the many strategies that we talked about in the course. Pick one of the strategies that works best for your situation right now. And we even tell them how to pick the best one for their situation. And so once he did that, he went through the different courses, he asked questions while he was going through and he said, "You know what, I like this strategy. I'm going to pick it." And he did it and he's followed it the way it's described in the course. He didn't add his own rules, he didn't change anything. He didn't add his own information or his own knowledge. He just went by, he said, "Look, Alan said this is going to work. That's what I'm going to do." So that's what he did. And the results speak for themselves. I don't know what else to say it or how to say it. You have trader A, his complaint was there are only eight modules and a group. Yeah, but I asked him, "How much of the eight modules did you implement?" And he says, "None of it." Well then it doesn't matter if there's eight modules or if there's one module or two modules or a hundred modules. If you don't go through the information, if you don't use the information that's already there, then what's the whole point? Right? The whole idea is to keep it simple. How do you make something passive that doesn't take a lot of time? Well, if you're going to have 50,000 rules to it is not going to be simple and it's not going to be passive. That's why I wanted to break it down as much as possible and say have his few steps so that you really can't screw it up, right? I mean that's the point. We want to live our lives. We don't want to be stuck in front of a computer. And so I didn't get it. I mean the modules themselves, I mean I had another person point this out to me, he goes, "The modules are two or three hours each." So I mean, eight modules times even two hours is 16 hours, that's a lot of time, okay. That's a lot of material right there. I mean, I realize, "Okay, wait, this year we're going to have to go in and we're going to have to cut that up. We're going to have to streamline that stuff because even that is just way too much." We want to make it as simple as easy as possible and say, "Hey, this is why we do it. This is what we do. This is how he follows directions, step-by-step, boom, boom, boom, boom. These are results you're supposed to get." And that's the way it's supposed to be. But unfortunately this fellow, it's like, "Oh no, only eight modules. I want a lot more." Well, no, you don't need a lot more. Number one, you shouldn't get more because that's going to give you even more reason to not do anything, right? I mean, if you want to find an excuse, you're going to find an excuse. Obviously this guy's excuse was not enough information. Now on the other hand, if there was too much information, then you'd find an excuse there. So I'm like, "What is the answer" I asked him "What is the right amount of information that you want?" And he didn't have an answer because he doesn't know. He's just looking for excuses of why he shouldn't do it. So he can chalk it up and say, "Oh no, this system didn't work." Well you didn't try it. You didn't do it. So how do you know? Obviously it works because I got the guy I talked to right after him, making over a hundred grand. So where's the problem? It's working for me, it's working for everybody else, it's working for other students in the class, we have so many other testimonials. So maybe the problem is not the material, make sense? I think so. So that's number one, action, when you don't take action. Number two, you got to have some belief. Obviously trader number one, A did not have the belief for whatever reason, trader B had the belief, but I think that part of the reason that trader B had the belief is that he went through the course. He went through all the modules, he heard me talk, he heard the examples, he saw them, he worked through them, he did the homework. When you do the homework, you actually have to put on a trade and walk it through and see how it does. I mean, you could not believe anything I say about anything, about selling options, or even if there's something called options. You can totally not believe me at all, but when you actually have to sit down in front of your screen, go to your software for your broker, put on a trade while you sell a option, and then watch it day, by day, by day and see what happens, you realize that, "Oh, maybe Alan knows what he's talking about. Maybe this stuff does work." Because the [inaudible 00:09:30] I can't make that stuff up, that happens, it's real. The problem is you don't know how to use it yet. That's why you haven't had the success yet, but the belief comes by integrating yourself into this. The belief comes by listening to these podcasts episodes where I'm talking about it and hopefully I'm pounding you over the head every month or every episode, that hey, "You need to sell options, you need to sell options. This stuff works, this stuff works. We got lots of success stories. We've got lots of examples, just look at our track records." In 2019 one of our other strategies where we sell oil options made this, made a whopping 168% return in a year, in 2019, 168% return just by selling options. Some people say, "Oh yeah, selling options you're making nickels." No, you're not it's 168% for one system, following the passive trading formula course this guy made $115,000, this is not nickles we're talking about. This is some serious money, right? So you have to have action, number one. You have to have belief, but even if you don't have the belief, you can get the belief, right? I can force you to get the belief, if you do the work, if you take the action, if you just do what it steps in the steps, follow one by one. Look at the module, look at the examples, put on a trade, ask questions. That's why we have the group. We have a group so you can ask questions. You can say, "Oh, I'm trying to do this trade." And we've had people do that. They take a screenshot of a trade and say, "I don't understand this." And we point out, "Oh, look this was wrong, this was wrong, this is wrong. You do it this way, it'll work out." And then they look at it, they say, "Oh..." Light bulb goes off. "Yes, I misunderstood it. Thank you." And then they do it right and then they see and then they get ecstatic and they're like, "Whoa, I did this." This has happened to one of our students right now, I forgot his name, he actually posted not too long ago, he was doing credit spreads and he did it wrong and so we helped him out. So he fixed it and then a month later he reports, "Oh Hey, I made my first two positive trades." Awesome, that's the whole thing. That's why we're here. That's what I love to see. I love to see people getting it, having a click, having them be like, "Success. Yes." Because if you can do it once, you can do it twice, you can do it a hundred times, but you got to take that step. You've got to go in first, right? The third thing you need is the desire. This is your why. This is why it has to happen now. Obviously trader A, I asked him, "Why are you trading options?" "Oh, I want to make more money and I want to retire early, and I need to pay off some debts, and it would be nice to have extra money to go on vacations, and this and that." Okay, cool, but obviously the desire was not strong enough for him to take action. It's kind of like the story about burning your boats. I don't even know if this is true story, I've heard that it is true, I heard it isn't true but there was one group that was attacking another group and I think it was the Romans or the Greeks, I don't remember. But they took their boats, they landed on the beach and then at night they burned all the boats and the next morning they were going to go fight. And obviously if you burn all your boats you can't go home. So if you want to live you're going to have to fight really well because you either conquer or you die, you ain't running home. There's no retreat. And sometimes that's the way it has to be in life. And your desire, your why, your reason being, your reason why you want to trade, your reason why it has to work, it has to succeed, that has to be so burning, burning, burning inside you that there's no other options, there's no other alternatives. And if it is, then you will find a way. And I think that whether you believe in this or not, I think the universe contrives to find a way for you once you put it out there, once you think about it, those brainwaves go out into the ether, go out into the universe or whatever and the answers come to you. They're attracted to you. I've seen it in my life a million times. You can call it whatever you want. You can call it the secret. You can call it the law of attraction. You can call it miracles. You can call it faith. You can call it a religion, God, whatever you want to call it. But I've seen it happen over and over and over and over again in my life and many other people's life. You might've seen it too. If you want to test it, then have that burning desire. You got to have it. You got to burn. It has to burn inside. It has to hurt so much that you want this particular thing that you will not make any excuses, you will not falter, right? Trader A did not have that. He couldn't even take the first step, in his mind it was, "This is not going to work." Instead of, "I have what I need, it has worked for other people. Therefore it can work for me because there's nothing wrong with me, right?" And there's nothing wrong with you. If you can understand what we talk about in the training that gets you into the course, then you can understand the course and it doesn't matter how newbie you are to options. Maybe you've never traded options before. This course was made with you in mind, right? It's not for somebody who was already making a living trading options. It's for the person who's getting started or who's not successful at it, and that's who this guy was. He was trying to trade, he knew some of the stuff, but he wasn't successful at it, so that's why we break it down step by step. This is how you do it. This is back to basics. This is how you become successful. Because what he needed was belief. What he needed was some confidence in himself, but he just couldn't get around to it because he hadn't put on consistently winning trades and he wasn't willing do the work, which boggles my mind. You tell me that, "Hey, I want to succeed." You tell me, "Hey, I'll do whatever it takes to succeed. I'm going to put up money to join a course." But then you make excuses and you don't put up the time. Now, I got to admit, I've done that in the past, right? I've taken courses, I've been like, "Oh wow, this is great. I want to do this." And then life gets in the way. In this case, it wasn't a factor of life getting in the way. It was just a factor of this guy did not have the three things that you needed. He didn't even take any action. He didn't have any beliefs, he didn't believe in it. And he had lackluster desire, right? If you don't have a full desire, if you don't have belief, but you have action, you can still succeed. If you take a little bit of action because of your desire and you still don't believe you can still succeed. Or if you have belief and desire but no action, you're not going to succeed. So out of those three, action, belief and desire, you got to have at least action. If you have all three of them, then your super power, you're going to be making money in no time, you're going to succeed no matter what. That's all it boils down to. And so that's the purpose of this particular episode. And if you want to know how the trader B succeeded, well then you can join us in the passive trading formula course. You can go through exactly every module that he went through, every homework assignment that he did, and then we'll be happy to introduce you to him in the course. Because he's in the Facebook group, he's in the group, he's in the community, he's answering questions, he's helping people, right? So it's all about action, belief and desire. And we've talked about these three things before, but it was just insane how closely related these two guys are. How close they are to each other. And you have one taking action and one just not. And the difference is astronomical, right? Because if you can make 100,000 in a year, you can do a lot more than that. And every year you can compound it and grow it and grow it and grow it. And then what? The sky's the limit. But if you don't take any action and you start blaming other people for your lack of action, then you're going to be the same. Actually, you're not going to be the same. You're going to be even more skeptical than when you were started. So if you want something in your life, I tell my kids this, "You want something, you got to go and get it. You can't just sit around and wait for it to come to you. You got to do the work. You got to hustle." My son, he's nine years old... My God, my oldest, he wants to be a great baseball player, on this season he wasn't. This last season, he went up to a new league where the kids are pitching, before he was on the machine, they had a machine that was pitching. Now he went to where the kids are pitching. And using the machine he was a great hitter. He would hit almost every single time. But now with the machine, he couldn't hit at all. The whole season I think he had three hits, which was very discouraging for him because he's used to hitting the ball. He's used to getting on base. And so what do we talk about? We talk about, "Well son, you want to get better, you need to get better, you need to practice, you need to hit and we need to catch, and we need to run, we need to increase your stamina and we want to do the whole thing." And so this morning when I left for work, he was running up and down the stairs at home, doing sit ups, doing pushups, doing some exercises, some strength building exercises that his coach gave him because for next season he wants to kick butt. And that's exactly the kind of mentality that we have to have. So find inside what's your desire is, find your reason, find your why, and then take some action. And while you're taking action, because you're not going to be good right away, you're not going to be an expert at this stuff right away. It took me over, I don't know how long I've been doing this for, I think 15 years now I've been doing this and I still wouldn't say that I'm the best in the whole world. I got to the level where I'm comfortable and I'm financially okay. This is where I want to be. And so yeah, I do get better every year a little bit. I learned new things, I've seen more nuances, but it was the desire that got there, right? And it takes years and it takes time. You don't have to be the best right away. That's why passive training the way we've designed it is you could be wrong a lot and you could be wrong, a lot of your trades, but you're still going to be positive in your profit and loss statement. And so the first step is just to take the first step and to get involved and do it. And put on trades, watch them work out. And that's how you develop belief. If you see a trade and it works, you see another one, and another one, and another one, and it works, and works, and works, [inaudible 00:18:45], one day you're going to be like, "Oh my God, this stuff is actually working. What do you know?" Right? And then you'll have the belief. So I'm not even worried about, if you don't believe me, as long as you do the work, you'll get there. Even if you don't have a desire, if you just want to be a rich fat slob, that's fine. If that's what you want, that's what you want. Okay, I'm not going to judge you, right? Eventually, hopefully you'll come around and you'll want to take that money and help people make the world a better place instead of being selfish. But hey, that's up to you. I can't tell you what to do with your money. So even if you don't have that burning desire and you don't have the belief, as long as you take action, you'll succeed. And so with that, I will let you go and hopefully I have convinced you to take action, if nothing else. You know what you got to do. Pretty much, you already know what you have to do. And if you don't, you can email us and we'll point you in the right direction. Tell us what you want, tell us what you need, tell us where you are in your life, we'll hopefully be able to point you in the right direction. Trading might not be for you, it might be something else. But if it is, and if we think that trading can help you, then we'll let you know. That's the only thing I can do. All right folks, have a wonderful rest of your day and we'll talk soon, take care. https://optiongenius.com https://passivetrading.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 
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Jan 20, 2020 • 13min

The 0 DTE Trade - 58

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book!   Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- Selling options on the day of expiration is all the rage right now. In many online forums and groups there are traders who are bragging about how they are making great trades and profits by selling options that have very little time left to expiration. Is this something that you should consider? Isn't it risky to sell so close to expiration? When you sell close to expiration, time decay works very quickly. But most of the value of the option has already been lost. But you can still earn a good percentage especially since you will only be in the trade for a few hours. Check out the episode to see what strategy works best for 0 DTE trades and if the risk/reward is something you should be looking into. For more info on selling options visit https://optiongenius.com To learn how I trade weekly options and make 5% per week: https://weeklytradingsystem.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 
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Jan 13, 2020 • 21min

Sailing Across The Stock Market - 57

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- Which is the better way to live: to plan every detail or to let the Universe look out for us? And which of those makes for a better trader? "If you want to make God laugh, make plans." We cannot control the stock market. We cannot control individual stocks, or their reactions to news. So what can we control as traders? And should we? That is the question we tackle in this episode. How to be able to flow with the market but still protect ourselves from volatility and excessive fluctuations. Books mentioned: The Surrender Experiment Where The Magic Happens Links: https://optiongenius.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 
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Jan 6, 2020 • 16min

2020 Predictions - 56

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- In this episode we review what impacted the stocks markets in 2019 and what we see coming in 2020. Now keep in mind that these are just my interpretation of things to come. I might be right, I might be wrong. That is not the point. The point is to hone in on trends. If you can spot a trend coming before anyone else, you can make a lot of money. Or even if you spot it in enough time to ride it, you can still make a lot of money. And as they say in trading, the trend is your friend. So the trends will probably continue. So if we can identify these trends, especially if they are long term, if they have been occurring in the past and they're going to continue to occurring. Then those are things that we can actually benefit from in a financial sense. The 2020 Predictions have to do with: Volatility How The Markets React To The Election The Automotive Industry Technology Medicine Why Recycling Will Be Stopped Border Changes https://optiongenius.com/ Link to 2019 Predictions: https://optiongenius.com/podcast/38-2019-predictions/ -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 
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Nov 18, 2019 • 9min

The Candy is Better in That Other Neighborhood - 55

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- Happy Halloween or happy belated Halloween depending on when you listen to this. For me, actually it is the day after Halloween, and I was lucky enough to take my three kiddos out last night for trick or treating. Normally the wife does it, but she was sick and so it fell to me. Okay, no problem. We had fun. We spent about an hour and a half going around. We've been living in the same house now for about 10 or 11 years. With my oldest turning nine in a couple of weeks, that means that we've probably been trick or treating about seven times I think. We would probably missed a couple of times but we've been about seven times trick or treating since we've been in this house, but we have never tricker treated in our own neighborhood. It sounds kind of weird, right? Normally you would stay where you are, but I don't know. Our subdivision is never very decorated for Halloween. I mean they go all out for other holidays, but Halloween it's just not a lot of decorated or lights or anything. I never thought that we would get much candy. You know? If you know about Halloween, or if you have little ones, or grandkids or whatever, you know that the amount of candy you get determines if the night was a success or not. Right? They don't care if it's cold. They don't care if it is windy like it was last night. All they care about is how many things they get in their little pumpkin. You know? Last year my wife and her friends, they took all the kids to the quote unquote rich neighborhood. You know, the one with the million dollar houses thinking that, okay, if they're rich, they're going to have more candy. They'll be more generous. Yes the kids did get a couple of the King size candy bars from a couple houses. Mostly it was the same. Everybody's giving the same little mini size stuff. Overall, at the end of the night, they ended up with less candy than they expected. They didn't think about it, but it ended up that the reason was that these million dollar houses are so large, and they sit on so much property that it takes forever to walk with these little tiny legs, these five, six year olds to go from one house to the other house. You end up hitting a lot fewer homes. You're not knocking on as many doors when you have such big houses, even though you might get a little bit more candy from each one. Oh boy. Well last night I think it was in the lower forties, no sorry, upper forties in temperature. It was very windy. With my wife being sick, it fell onto me. I mean I didn't want to be out for a long time. I just wanted to get this over with. So we stayed in our own area. We stayed in her own little subdivision, and I was pleasantly surprised. We weren't even done with our own block when my kids, pumpkin started filling up. I mean that's how much people were handing out. Being the resourceful dad that I am, I saw that there was a newspaper on the sidewalk. In our neighborhood we get these free newspapers. Nobody really buys the newspaper anymore, but there's this free newspaper that they come every week and they throw on the ground. I took the papers out, put them back on the ground, and I took the bag, the newspaper bag that it comes in. I started taking the candies, the excess candies from the pumpkin's and filling that up so that their pumpkin's would be empty again. It just kept filling up over and over again, and eventually we had to stop at a neighbor's house. We had to ask him, "Hey, do you have anything we can hold all this candy in?" They gave us those plastic shopping bags that you get when you go to the groceries or whatever to haul all the treasure. We actually filled up one bag with everything, and then it was so full, we had to actually double bag it, even triple bag I think. It was literally 30 to 40 pounds of candy that I was lugging around. My kids are bouncing up and down, and I'm holding my three year old's hand, and I've got the 40 pounds of candy I'm cradling in the other hand because I didn't want the straps to break. That's how we were going from house to house to house. By the time we were done we had enough candy to declare that this Halloween was the best ever. Not because it was with dad and I was more fun. It was just because there was so much candy. My God, it was the most candy in the shortest amount of time from people that we already knew. That might've been part of it. Since we didn't know the kids, they might've given them a little bit extra. Who knows? Why am I sharing this sweet story with you? Well, you know me, I always have a motive, right? We always have to tie it back into trading. We take life and then we bring it back. When it comes to trading, people are always thinking that the candy will be better in another neighborhood, that their own neighborhood is not good enough for some reason and they got to go to another neighborhood where it costs money, or there's an admission fee to get in. Right? Now, countless times over and over again, traders have told me that they're doing well with one approach, but they want more so they're going to switch to something else. I just got an email today. The fellow said, "Hey, you know, I've been using this particular strategy and I'm up about 25%. I've learned from my dad how to do this, and he doesn't know very much, but I'm looking to do something else." My question always is, why? You know? Why stop what is already working? That makes no sense to me. I mean, you can always add to it, right? I mean if you're doing something that works you keep doing it, but you can add to it slowly. Before you do that, make sure that you are extracting every single Kit Kat out of what you're already doing. Test it. Tweak it. Maximize your gains because the big thing here is that you already know it works. Right? It already works. You already know how to do it. I mean, sure other neighborhoods look enticing, but it could be a trap, or maybe even an old folks home where you don't get nothing. Just a bunch of scary people looking at you. Right? I've said this before, you only need one strategy to make a lot of money, and if you've already found something that works, stop buying courses, stop watching videos, and going to seminars. Celebrate that win because that is rare. Celebrate it, and improve the results. Now, if you don't have a strategy that works, you can check out our website at optiongenius.com, and we'll share some of ours with you. Okay? If you already have something that works, and many of you do, just keep tweaking it and improving it. If you need coaching to help you with that, then we can help you with that as well. Okay? I still have a couple slots open for my coaching program where we do one on one coaching with people. If you already have something that might be perfect because you're already making money. You can take some of that money, invest in coaching and maybe double, triple whatever your gains are because there might be something that you don't know, or there's another way to protect yourself. Same program, same strategy, same concept, but now it's done in a more professional way where you're protecting yourself. That would be the way I would suggest to go. I know you get emails every day from all these gurus saying, "Hey, I have this amazing course, and I have this amazing thing that never fails, and it always works. It makes 1000000% every year. Look at this stock, I made a 100%. Look at this stock, I made 20%. Look at this stock, I made 50%." I know they have very good, enticing copy, very good sales letters, and it makes you think that, "Oh my God, this is the Holy Grail. What I'm doing is peanuts compared to what this guy is going to teach me." You never know, most of that stuff is marketing hype, and gimmicks, and it doesn't work. Okay? I mean, that's just the plain, simple truth of it. Unless they can show you, unless they're actually doing it themselves day in, day out, don't fall for it. That's like going to trick or treat at the old folks home. They can't have any candy because they can't eat it, so they don't have any laying around, and they didn't go to the store to buy any candy so you're just wasting your time. Okay? Remember while I go out and eat another Snickers bar, I want you to trade with the odds in your favor. Alrighty? Happy Halloween. -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps. 
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Oct 13, 2019 • 8min

Learning to Trade is Like Learning To Snorkel - 54

People literally ask me this one question ALL THE TIME… “Allen, how did come up with such a lucrative, safe, and easy way to trade?” I explain it all in my new book Passive Trading, get your free book here  https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that’s exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer.  -- Hey there passive traders, it's me, Alan and today I am coming to you from the sunny beach of Cancun. I believe they call it Playa Mujeres because it's the beach of Mujeres. Out there behind me, somewhere over there is the Isla Mujeres and this resort that we're at is actually on the Beach of Mujeres and so we're here on vacation with the family and I just wanted to shoot this quick video podcast to let you know that I learned something yesterday that I wanted to share with you guys and it's really ... Right behind me in the water, we took our kids snorkeling for the first time, the seven year old and eight year old boys. Sorry about the squinting it's really sunny today, but we took them snorkeling for the first time and I don't know if you've ever been snorkeling, but you get a little mask you put on and you get a little snorkel and you breathe through the snorkel and you look down in the water and you see whatever's in there. Now, there wasn't much to see out here. There was some fish. You go a little bit further over there, there's some seaweed and stuff. There were some pretty cool fish, a couple of big fish actually. They were really excited about that, but when they first started, I had prepped them ahead of time before we came on the trip. I told them, "Hey, we're going to do snorkeling. It's really cool. It's really cool. You put this thing and you can see all the water and all this different world, all that stuff." They were all excited. They were wanting to go. When we got here, it's kind of like trading, right? You hear about it, you picture it in your mind. It's like, "Oh my God, this is so cool. I want to do this. I want to do this. Yeah, I'm going to be awesome at it." Then you get your equipment, you get your mask, your snorkel, you get some instruction. "Yeah, this is what I'm going to do." Then you go do it for the first time and you totally freak out because it's not easy and it's not normal. You're not used to it because you're not breathing with your mouth anymore. I mean, you've got breathing with your nose, you have to breathe with your mouth. Then if you get a little water in the top of your snorkel, then drinking water and then the water is coming in your mask and your eyes are burning from the saltwater. Believe me, we had that same experience. Basically, we walked them through it. It's the same thing with trading. The first thing you have to do is you have to put your mask on, cover your nose, get used to breathing with your mouth. Open mouth breathing, breathe with your mouth. Once you got that done, you put the snorkel on. You got to make sure it's all tight and snug and then you have to breathe with the snorkel. You're just breathing with the snorkel. Once that's done, then you stand in the shallow water, you put your head down and you just look around, focus on your breathing, don't even worry about what you're looking at, just focus on your breathing, making sure all your technical aspects are right, making sure you're following all the rules, making sure step-by-step you're not making any mistakes. Then once you have all that done, then that's when you get into the water and you go deep and you start floating and then you can go a little bit farther. First time is going to freak out. You're going to ... It's going to be like, "Oh, it's not happening. It's not happening the way exactly that I planned in my mind." There's a fish and you'll freak out or there's a piece of thing, something touching my foot. All that stuff happens, especially in trading. It doesn't go exactly as you want, but if you go back and you stick to it, eventually you end up like my boys. I mean, they loved it. They loved it so much, they want to go again today and they want to go ... There's some shipwreck off the coast of the Island. They want to go over there. It blew me away how I couldn't get them out of the water. I couldn't get the snorkel off their faces because they were like, "No, no. More, more, more." There's nothing to see here, but they were so excited and that is how I want trading to be for you. Whatever your issues are right now, if it's not going well, if you don't know what steps to take, if you don't know exactly what instruction you need, it's there where it's available. You just got to take the simple, simple, slow, slow steps, right? Get your stuff, get all your equipment, practice the easy things. Practice putting on paper trades. Getting on the trade, putting it on, getting out, putting it on, getting out. Practice finding trades. How do I find a trade? What do I go through? How do I make it streamlined as possible? Right? Because I don't want you to just put on your stuff and just jump in the deep water right away. That's what most people do. That's why they get burned. I have a lot of people, a lot of students that told me, "Oh no, I don't want to do paper trading. I'm going to put ... I got $20,000 I'm just going to let it ride on one trade." You're freaking crazy because you're going to lose a lot of money that way and they do. Then they come back and they're like, "Yeah, I should've listened to you." Well, that's too late now. You just learned a very, very expensive lesson. Let's not do that. Let's do it snorkel time, right? One at a time, because in snorkeling, you mess it up, what happens? You just stand up. You drink some salt water, no big deal, but what could have happened and what almost happened with my second son is that he almost gave up. He tried it the first time. "Oh man, daddy, I don't like it. This is horrible. I don't want to do this anymore." He threw the mask down and he threw the snorkel down and he just stormed away. That's what we cannot have happened to you because if it does, then you lose out on a passive income stream that has the power to change your life. I mean, take a look around. I'm here on a weekday in Cancun, enjoying with my family and my trades are still working, right? I mean, you can see ... There are not there many people here, right, because this is a private beach for a private resort. There's not going to be a lot of people here. This is not like the cheapest resort on the place as you can imagine. That's what comes with from trading properly and passive trading and the ability for you to be able to take vacations, not have to worry about your trades as much. I mean, I checked on my trades this morning. It's actually the same time frame here in Mexico as it is back home for me. I checked on my trades this morning and they're fine. They're doing great. I'm making money, my options are ... They got [inaudible 00:06:13] going on everyday so I'm not worried. I checked it. It's all done, but I got to take the chance and the day, or at least a few hours, to teach my kids a skill or have an adventure with them that they are probably going to remember for the rest of your lives because I remember the first time I went snorkeling and it was with a school trip. It wasn't with my parents, but they were here with their parents and I think they're going to remember that for the rest of their life, which is pretty cool. I don't know what else to say. I'm trying ... I'm making this video here in Cancun with the beach and everything because I want to inspire you. I want to motivate you. I want you to be like, "Yes, I got to do this right now. I got to get going right now." This is the time. Today is the time. I have a couple of other stories from Cancun. I'll share on them later, but in this one, I just wanted to say, look, every day that goes by is a day that you get closer to retirement or you get closer to that next bill that needs to be paid, right? Today's the day that we need to start so that you can start enjoying stuff, do the things that you want to do, take your families on trips you want to do, adventures. Teach them the stuff that you want to really teach them. Just take it step by step, just like snorkeling, it's doable. You start off in the shallow water. Step one, step two, step three. Break it down as easy as you can. If you don't know the steps, let us know. We'll show you the steps. Okay? With that in mind, you want to take a look. That's the beach. It's beautiful. Blue waters everywhere you can look. It's gorgeous. Take care and happy trading. -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS  AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP:  https://optiongenius.com/alliance Like our show? 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