Option Millionaires

[jimmybob]

Just so folks have it straight here, as I find people coming here who don't quite understand what I am about, so let me give a quick explanation.

Because anyone expecting to get 50%+ success rate trading options is going to fail, and anyone advertising such is LYING to you.

I have never advertised any success rate or asked folks to follow my trades. Over time my trading has spoke for itself. I continue to let everyone know YOU WILL LOSE ALL YOUR MONEY TRADING OPTIONS. I have said this before, and I will continue to say it. My strategy employs nibbling and dabbling at some of the stocks i am familiar with, and using my analysis/intuition to nail multi-baggers. This at times has required possible multibagger positions expiring worthless. Some folks would call me crazy, then I would give you the NFLX earnings example where I could have sold my calls from $483 to $1200 before the close. Yet holding overnight enabled another $74k profit!.

That is the difference with me and most everyone out there. Folks call me stupid, a dart thrower... ect... But it has worked for me. So folks can call me whatever they want!

There are times i have bad weeks, and miss on some trades. And there are days where my entire profit is made for the entire month in a few hours. That is how I play it, and I have been very successful doing it. Folks following this board can speak to this. I am not one to go boast about what I profited, but you can just look at all these plays from the past 14 months, add up the profits i locked (which are all SCREENSHOTS and verifiable) to see what we do here. I always have losing trades.. it is part of how i trade.

Anyone who cannot accept having losing trades as a part of doing this, SHOULD NOT BE DOING THIS. You need to have a stomach for losses, as long as you can overcome those with winning trades. That is how I trade. Others will try and scalp and flip.. that may work for some, but it is not lucrative enough for me and I have success with my own trading style.

My normal trade size is $400-500. My NFLX trade alone from the start of the year would allow me to have 140 LOSING TRADES and I would still be even. Add the LNKD earnings play and PCLN calls from the day after NFLX earnings and I could have 400+ losing trades this year WITHOUT EVEN LOSING MONEY from my trades.

Here are just some of the huge multibaggers from the past 14 months. These are the ones I remember and there are TONS more that I have missed:

LNKD earnings $400 into $7k : http://www.optionmillionaires.com/2013/linkedin-lnkd-finally-hit-150-on-blow-out-earnings-report/

NFLX Earnings $483 into $75k in less then 24 hours: http://www.optionmillionaires.com/2013/netflix-nflx-why-we-trade-options-follow-up/

PCLN $9k into possibly $433,000 in less then 24 hours on $PCLN calls : http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83837562
And yes, you can say $900 into possible $43,300 as well ~~

NFLX - $3k into $50k+ http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82130830

WYNN Trade Possible $566k profit! : http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72827251

CMG $1100 into 55,000+ http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79359850

FOSL 19k profit , could have been $127k : http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72120436

CME $3k into $49,000 : http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71872732


So the goals of this board are:

1. Folks who have traded pinks and are looking for a different way to trade stocks and still have the possibility of 1000%+ gains without the dilution, scams, halts. - This board is a great go-to resource for the new option trader.

2. Veteran traders looking for ideas and news


We are here to have respectful discussion around stocks. options, strategies, and news events..ect

Anything that takes away from the above is not Welcome here. You want to come here and bash me for my trades, thats fine, but keep it respectful.


Our OM site that has evolved over the past year into an amazing resource for option/stock/future traders. There are some amazing people in their sharing ideas/experiences/opinions throughout the trading session with 80+ people most times. There are folks from all walks of life: some paper trading options, some just there for some quick trade ideas, and some serious professional traders.. we even have someone in chat who does some contribution work on CNBC(sometimes you see him after the close for interviews)

I spend hours in the morning putting together a watchlist, as well as our Week Ahead Webinars at 10:30 on sundays ( which are becoming very popular) while spending my time in the chatroom as well as on the Audio( we have a live audio feature)

I post my trades via the chatroom and various other methods, but in no way is that what folks should solely base the OM site value on.

Anyway, enough of my rant. Just want folks to understand what this board is for and what the OM site is about.

Lets continue to ROCK 2013!!!!

http://www.optionmillionaires.com/

- JB