Knights of the Round Table
The fellowship of the Round Table was similar to those of the medieval military orders, Knights Hospitallers (1113) and Knights Templar (1119), founded in the First Crusade. Each order had their own set of rules or customs; such as what color or device they can have on their shields, surcoats, banner, etc.
Rules are Important to Success
According to Wace and Layamon
Geoffrey of Monmouth was usually seen as one of the first who brought the Arthurian world to life, though there are scattered works, references and oral traditions from Wales and Brittany. Yet, in his Historia regum Britanniae ("History of the Kings of Britain", c. 1137), a number of essential elements that make up the Arthurian world, didn't appear in his work. The heroes, Lancelot and Perceval were no where to be seen. There was also no Camelot, no Holy Grail, and more importantly, no Round Table.
It wasn't until 1155, when an Anglo-Norman author from Jersey, named Wace, wrote down his Roman de Brut in French, and introduced the Round Table into the Arthurian legend. However, Wace's version was different to what we popularly know today about the Round Table.
The knights were usually of noble birth: they were usually kings and princes, dukes, counts (or earls) and barons. They formed the backbone of the army, since they were the only one who could afford expensive armour and weapon, as well as the cost of training and maintaining the war-horse.
When the knights attend a festival or council at the king's main hall, those who sat at the head of table, usually have precedence over others. These knights would feel envy or jealousy to those of higher ranking. Sometimes, the knights would cause a brawl, over who would take the seat at the head of table.
To resolve these problems, Arthur resorted to having his table constructed in a rounded shape. The ingenuity of this design, make all the knights equal, regardless if he was a king or a minor baron. No one would have precedence over others.
The knights in Arthur's company became known as the "Knights of the Round Table". These knights were heroes, renowned for their strength and courage, and for their skill in combat and warfare. They swore to protect the king and the kingdom.
In todays terms, A round table is much like a conference room. Many gather to give out ideals and the VP Manager or Big man on Campus, in literal terms, gets to pick from all the good ideas and present to the CEO. Problem with this is the Guy presenting is the only one that ever looks good and its up to him to promote the people helping him. Sounds a lot like Kissing Ass. So at my round table, everyone gets to take care of themself. The board is the conference room and the each person is the Manager or CEO. I'm just the Moderator.
We do not sugar coat things. The Market isn't for everyone Trading is not Gambling Option are Dangerous but Profitable.
Update June 17, 2016
Been moving, Divorce and now to teach again.
Trading Options is about having a Plan.
How to go from $5,000.00 to a Quarter Million in 6 Months... How would I know???? Because I was Successful Twice in 3 months and working on the 3rd time...
Now I just want to share my plan and Pay It Forward.
My Plan is Simple
Most of you that are following me, have seen my $5,000.00 Challenge. It really doesn’t matter if you have $1000.00 or $5000.00 to start, the theory is still the same. If you follow the schedule, and learn to trade a play that works for me 6 out of 10 times, you can learn to profit, as long as you are discipline. Yes I throw money at Lotto’s, but it is not part of this program. I have also traded for many years and understand a budget. Take lotto's out of your game until you have enough money to play Lottos.
I never play with anything I can’t afford to lose.
If you do the simplest of things, follow the schedule, Play within the rules I have established, learn to read charts, that I am willing to teach, open an account with my broker TDAMERITRADE, I can teach you how to see very basic models that are successful in the Options Market. As you grow, and your funds increase, then we will update your computer sytem so you can see everything at once.
So why do most people lose in Options.
- They hold to long
Play too far out of the money
Don’t understand how the Greeks work
They are not discipline and chase and try to double down on losers
Don’t trust a system they should have written before trading
Can’t play inside the rules they have built.
Haven’t practiced on Play money as they want a lotto ticket.
Wealth is not earned overnight. Just like anything in life, you have to work hard, learn, specialize, produce, and in the end, reap the benefits.
| || Option Trading Weekly Starting Budget || || || || |
| ||$1000 to $6,720.00 ||in 4 weeks || || || || || || |
|Week || Balance Weekly ||Play With ||% Profit ||Expected Earnings Week New Balance || || |
| || $ 1,000.00 || $ 500.00 ||40% || $ 200.00 3 trades || || $ 1600.00 || ||3 trades max |
| || $ 1,600.00 || $ 700.00 ||40% || $ 280.00 3 trades || || $ 2,440.00 || ||3 trades max |
| || $ 2,440.00 || $ 800.00 ||40% || $ 320.00 3 trades || || $ 3,400.00 || ||3 trades max |
| || $ 3,400.00 || $ 1000.00 ||40% || $ 400.00 3 trades || || $ 4,800.00 || ||3 trades max |
| || $ 4,800.00 || $ 1,600.00 ||40% || $ 640.00 3 trades || || $ 6,720.00 || ||3 trades max |
|No Matter where you start, the Theory is the same. |
Starting Budget $5,000.00
| || |
|Week || Balance Weekly ||Play With ||% Profit ||Expected Earnings Week || || |
|1 || $ 5,000.00 || $ 1,000.00 ||40% || $ 1,200.00 3 trades || || $ 6,200.00 || ||3 trades max |
|2 || $ 6,200.00 || $ 1,400.00 ||40% || $ 1,680.00 3 trades || || $ 7,880.00 || ||3 trades max |
|3 || $ 7,880.00 || $ 1,600.00 ||40% || $ 1,920.00 3 trades || ||$ 9,800.000 || ||3 trades max |
|4 ||$ 9,800.00 || $ 2,000.00 ||40% || $ 2,400.00 3 trades || || $ 12,200.00 || ||3 trades max |
|5 || $ 12,200.00 || $ 3,000.00 ||40% || $ 3,600.00 3 trades || || $ 15,800.00 || ||3 trades max |
Once you get passed this, we drop to 30% moves, More money, not as big a move to be satisfied...
Simple Info: If you meet the weekly budget and you haven;t used your day trades, You have 2 options
1) Wait for the next set up and get in again and double up your weekly move
2) Walk away and be happy that you met the budget. Building Discipline is what we are doing at these lower Levels.
The more money you make. the higher you move up the ladder, the more DISCIPLIE you have to have. Trading in week 1 vs week 16 is hugely different.
I hear people say, $400 is nothing, I need to make more. Yes, but If You make $10,000 and lose it the next day because you didn't establish your rules and learn to live by them, that is exactly what will happen. Arrogance gets in the way and you will tell yourself you can make $10,000 whenever you want with this plan. The plan isn't about how much, It's about building a discipline and being able to walk away when you get one bad down tick. RULES:
We are building rules as we go. Here are a few simple Rules...
Rule 1) Play only the amount weekly that is equal to the amount you have in your account. Remove Greed
Rule 2) Establish Discipline
Rule 3) Patience, look for the Explosive play vs just jumping into any pla. Although we are just looking for 305-405, there will be days that we get 2 baggers, 3 baggers and even an occasional 5 bagger.
Rule 4) Don't be in a Hurry. Wealth is Earned. In making wealth you have to learn to live with Wealth. Otherwise Easy Come Easy Go.
funny thing, the more you play, the more you make, the more rules you will learn. I have made enough money that I lost $50,000 in a few minutes, all because of Arrogance. I learn and relized now, Its not real Money anymore. Its POINTS. A good trader is collecting POINTS, not money and we never give back our POINTS.
When your exiting a Tunnel, the light gets bigger and bigger and bigger. But if you stop and turn around and look, the Tunnel light at the other end is so small. If you drive out of the tunnel into the lite and move out a little ways, you can't even see the light of the tunnel on the other end.
And that is the fact of a chart, when it closes, it changes direction.
THE MACD is like an ALLIGATORS MOUTH. When the alligators mouth is open, it would be hard for you to get bitten, but the more it closes, the easier to get bit.
I will teach why the macd is your friend, and why it works with the premiums. Contact me directly if you want to get one on one help after you reach this target. It's about the charts and learning the proper play at the proper time.
I only work with 2 people at a time live and in person. I beleive If I teach them, they will be able to teach you. The more the merrier.
King Arthur set at the round table with all the Knights. He listen to everyone of them, even though King Aurthur ruled, he built a very strong reliance with his Knights.
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