Traders' Library Blog

The Financial Crisis of 2008 Devastated Millions. Were You One Of Them?

The Financial Crisis of 2008 was devastating.

The stock market dropped 50%. Your retirement plan was devastated.

The housing market suffered the biggest bear market since the Dirty Thirties. Many people, you?, lost their house. Everybody suffered.

Companies went bankrupt. Many people, you?, lost their jobs.

Banks were shaken. Many went bankrupt.

What I just wrote is all true but doesn't really tell the story.

The real story is the real suffering that tens of millions of people went through.

A friend of mine worked for many years in a construction company. He had built a nice life for himself and his family. They had just moved up to a kinda fancy house with a big pool in the backyard that his kids loved to play in when the summer heat hit.

Sure they were financially stretched a bit, but, hey, who isn't? But they still had money for a nice vacation and going out to restaurants.

But then, in early 2008, the Crisis hit. He lost his job. He did have much savings because they just put all their savings into the down payment on the house.

The housing market starting moving briskly lower. His mortgage went underwater. He started getting calls from the bank about his payments. They were getting further and further behind on them.

Then he lost his job.

I can't imagine what it must have been like to go home that day and have to tell his wife that he was out of a job. I just can't imagine how painful that must have been. I can't imagine what his wife said and what was the expression on her face. I can't imagine.

His 401(k) is getting hammered while all this is going on.

He was not protected from the Financial Crisis. He did not protect his family...

You can read my deeper analysis of why this happened in my Special Report Financial Crisis 2019. Download it free by clicking here now.

You probably know someone like my friend. Maybe you are similar to him.

Don't you owe it to yourself and your family to protect them from a potential crisis? Good grief, isn't that about the most important thing you can do in your life?

You need to download Financial Crisis 2019 right now by clicking here.

I hate to be the bringer of bad news. But I want to protect you. I can't force you to protect yourself and your family. I can only alert you to what I believe is happening.

Good trading,

Courtney Smith

The Most Important Step In Your Trading

 

I’ve taught thousands and thousands of people how to make money trading. Yet a big percentage never actually trade. They take the time and spend the money to come to my class and then never do anything.

 

This drives me nuts. I know that they will make money if they follow the Rules I teach. But they don’t.

 

So think about it. Let’s say they would make just $10,000 per year for the rest of their life. Let’s say they live 40 more years. That’s $400,000 they will never see! And that doesn’t count any compounding!

 

Lack of confidence is the usual reason. How can you overcome that? Here are two ways.

 

 

Get An Accountability Partner

 

Find another trader, preferably from one of my classes so you have the same knowledge. Get together at least once a week. Go over trades. Go over your emotions. Urge each other to keep going and follow the Rules.

 

 

Get A Mentor

 

A mentor is even better because it will dramatically increase the time to profitability. A mentor can provide a number of very high values:

 

1. Encouragement

2. Focus

3. Knowledge

4. Nuance

5. Guidance

 

 

Options University has just relaunched their mentorship programs and they are amazingly powerful. Click here for info.

 

Courtney Smith
Options University
Support@OptionsUniversity.com
OptionsUniversity.com

 

 

Is The Bear Market Over? Or Was That A Dead Cat Bounce?

 

 

Hello Trader,

 

The market rallied sharply yesterday. Was that the end of the bear market?

 

I don’t think so. Instead, I think it is what is called a dead cat bounce. Let’s break it down.

 

Note how the market was accelerating to the downside as we went through the week of December 17.  It culminated with a sharp down day on Friday on extremely high volume. This was followed on Monday with another sharp down day but on small volume. (Of course volume was light on Monday because it was the day before Christmas.)

 

I believe that Friday/Monday was what is called a capitulation bottom. That is formed when the bulls capitulate and give up being bullish. That is actually bullish because it means there are no more people left to sell.

 

But does that mean the bear market is over? No.

 

It simply means that we are going to rally over the near term. I would look for a rally back up to as high as 2600 on the S&P. At that point I will assume the bear market will resume.

 

But, conditions are very unsettled. The best thing is to subscriber to Wall Street Winners so you can get my official opinion plus killer trade ideas.

 

Click here to learn more.  or go to http://courtneysmith.com/is-the-bear-market-over-or-was-that-a-dead-cat-bounce

 

Thanks!

 

Good trading,

Courtney Smith

 

 

Wealthbuilder LLC

888.464.8666

 

 

Has Jumping Jerome Bit Enough?

Fed Chairman Jerome Powell has raised interest rates consistently all year and has signaled another increase in a few weeks. The Fed Funds rate is now 2.25%

 

Are the Fed rate hikes biting? Are they high enough to slow the economy?

 

The job of the Fed is, they say, to take away the punch bowl just as the party gets good.

 

Certainly, the economy has been booming by any measure.

 

I believe that the Fed has almost gotten to the point where they are slowing the economy.

 

Why? Several reasons.

 

The stock market is wobbly. The stock market is a leading indicator of the economy. It’s off about 10% from it’s highs.

 

The housing market is the biggest sector of the economy. It too is wobbly. That is slowing the economy.

 

Corporate credit is getting squeezed by the recent rate hikes. We are all time highs in the number of companies who are making less money than they pay in interest payments.

 

Defaults are also rising sharply in the junk bond sector. This is one of the things shaking the stock market.

 

For more details on this, please download my Financial Crisis Special Report by clicking here.

 

The bottom line is that we are at the beginning of the phase where the Fed’s interest rate hikes are starting to bite the economy and the stock market. They are not to the point to expect a true bear market but they will keep a cap on stock market gains.

 

The best way to profit from the current market situation is to subscribe to Wall Street Winners which you can learn more about by clicking here  now.

 

Thanks!

 

Good trading,

Courtney

 

 

 

 

Courtney Smith

Options University 
WealthBuilder LLC 
Investment Mentoring Institute

CourtneySmith.com 
Twitter.com/CourtneyDSmith 
About.me/CourtneyDSmith 
Support@WealthBuilderllc.com 
(888) 464-8666 (

 

(Customer 80% Discount) Ends Tomorrow For Options 101

 

Just a reminder. We’ve set up a special 80% off discount for you.

 

You are getting this special discount because I want you to trade options instead of stocks. There is virtually NO reason to trade stocks when you can trade options.

 

So if you trade stocks, you need to take this course. You can learn more by clicking here.

 

If you trade options, then this class will make sure that you truly understand options and will guide you through some amazing strategies.

 

Check it out here.

 

Thanks!

 

Good trading,

Courtney

 

P.S. This 80% discount disappears tomorrow so click here now to take advantage of us!

 

Why Options Are Almost Always Better Than Stocks

Here’s several reasons:

 

1. More leverage

2. Better risk management

3. Lower initial investment

4. Greater diversification

 

There is one drawback and that is that liquidity in options is often worse than the underlying stock.

 

Nonetheless, options trading can dramatically increase your profits and, at the same time, reduce risk!

 

But you have to do it right! So many people do it wrong!

 

We are having a flash sale on our Options 101 course. Click here to learn more.

 

The price is usually $497 but we are dramatically lowering it to $97.

 

We really want you to understand options so you can take advantage of the significant advantages they can give you.

 

Thanks!

 

Good trading,

Courtney Smith

 

P.S. The Flash Sales ends at Friday midnight so order the course now by  clicking here!

 

 

 

 

Why Bitcoin Is A Piece of Garbage

Sorry, I’m not buying it. I’m not a bitcoin maniac.

People hype bitcoin as the future of money. They point out:

1. Bitcoin is anonymous

2. Bitcoin is secure

3. Bitcoin is not controlled by any government

Sounds good but is completely wrong.

Let’s look at each of these reasons behind bitcoin.

Bitcoin is anonymous. Can be but governments around the world are saying that it can’t be. Europe in particular is requiring that you have to reveal your identity to own bitcoin.

Bitcoin is secure. Actually there are have been billions of dollars of thefts and scams. The dollar is more secure and it is no prize!

Bitcoin is not controlled by any government. True but not for long. We are seeing governments around the world crack down on bitcoin. Some countries are banning it entirely and others are forcing massive changes.

Transactions in bitcoin are shrinking as it becomes so cumbersome to use and governments crack down.

Here is one of the main reasons why bitcoin will not replace government issues currency. It’s not government issue currency!

Governments will not allow any competition to their monopoly in money. Sure, they will allow bitcoin as long as it is small and unimportant. But, as soon as it looks like it could compete with government money, they will shut it down. We are seeing that already and bitcoin is incredibly unimportant in the world’s economy right now.

Bitcoin can be good to trade because of the incredible volatility but that is about it.

My #1 newsletter, Wall Street Winners, gives recommendations in bitcoin every week! You can learn more by clicking here.

Good trading,

Courtney Smith

Extra: You can learn more about the rest of 2018 by clicking here!

How To Profit From The Rest Of 2018!

Want to make money in the stock market in 2018?

 

Want to know exactly what is going to happen for the rest of the year?

 

Want to know if the stock market will crash this year?

 

Want to know how to profit in the coming six months?

 

Then you need to watch a free webinar by legendary trader, Courtney Smith, where he: 

 

• Reveals his advanced techniques for predicting the stock market 
• Shows you exactly what is going to happen this year
• Shows you what you need to do to profit and protect yourself

Click here to watch for free.

 

You can’t afford to miss this revealing webinar replay.

 

Here’s the link to watch. Click here

 

The link will expire soon so be sure to watch it now to maximize your profits.

 

Click HERE to watch for free!

The George Costanza School of Trading

I have been trading for 47 years. I have read a million books on trading. I have watched a million hours of analysts and portfolio managers talk on TV. And they nearly all say the same things.

 

Buy dips. This is perhaps one of the most constant refrains. You should buy dips.

 

Buy stocks when they go down. They are cheaper! They are on sale!

 

And, if they go down more, you should buy more! Your average purchase price will be lower! Dollar cost average!

 

But I think they are really Ph.D. grads of the George Costanza School of Trading. They are doing the exactly opposite thing to creating profits.

 

I’ve created a short fun video showing Lesson #1 of the George Constanza School of Trading. Click here to watch!

 

I think you will have fun with it!

 

Here's the link.

 

Thanks!

 

Good trading,

Courtney

Biggest Myth In Options Trading

 “You should never buy options, only sell them.”

 

They then go on to explain that 70-80% of options expire worthless. They point out that professional traders, particularly options market makers, are nearly always net short options.

 

This concept shows a stunning lack of knowledge about options! Let me explain so you don’t fall prey to it.

 

First, their two arguments are correct.  But their conclusion is wrong.

 

It is true that the vast majority of options expire worthless. The implication is that you should therefore sell options rather than buy because the vast majority of your trades will be profitable.

 

This is also true but doesn’t really address whether or not you will make money. Here’s the reality.

 

The profits and losses of shorts and longs have to be equal! If you were to short every option you would have mainly winning trades but your winners would generally be small and your losers would be bigger than your winners.

 

On the other hand, buyers of options generally have more losing trades than winners but the size of their winners are larger than the size of their losers.

 

The profit and loss of short and longs are symmetrical but, in the final analysis, equal.

 

Buying or selling options needs to be considered not that it is just short or long but what other edges you have in the market, such as direction or an opinion on the future value of implied volatility.

 

So how can you make money in options? Simple! Sign up for our exclusive membership programs at Options University.

 

Click here for more information.

 

You will be receiving so much that I can’t really detail it all. But this short video will reveal everything.

. Click here to watch.

Our exciting new Membership Program starts next week!

Our exciting new Membership Program for Options University starts next week! 

 

Click here to learn more…

 

We have three levels for you depending on your level of knowledge, interest, and/or commitment. Take our:

• Bachelor’s
• Master’s
• Ph.d

 

You will gain the in-depth knowledge you need to know to master the options market. All presented in a easy to understand manner. Start with the basics and ramp up to the deep pro level.

 

But you will also get daily advice on the market. You will get:

• Fundamental Options Trading
• Advanced Options Trading
• The Income Generator
• Wall Street Winners 

 

The first three are live webinars with specific trades while Wall Street Winners is a weekly video update with specific trades.

 

Follow me! Look over my shoulder to see how a pro trader does it!

 

There is so much more in the programs that you have to click here to get the whole story.

 

To be successful, you need KAM:

• Knowledge
• Advice
• Mentoring

 

Our amazing programs provide you will all of this at a modest price.

 

Check it out here!

 

Thanks!

 

Good trading,

 

Courtney Smith

President / Options University

How To Slash Taxes As A Trader

Please go to CourtneySmith.com/how-to-slash-taxes-as-a-trader

If the video doesn't work. 

 

 

https://embedwistia-a.akamaihd.net/deliveries/ffd0858abc23274450a54dfd94b4b4669e5f4663.jpg?image_crop_resized=1920x1080

 

My Take On What Is Happening In the Market Today

Dear Fellow Trader,

https://www.screencast.com/t/uma3uyBn2c

 

The best way to keep up with what is going on is to subscribe to my twice daily trading report. Click here now for more info.

 

 

Thanks!

Exciting New Free Options Education and Strategies!

We have just launched a new free blog which will give you:

• Free education about trading options
• Free trade ideas
• Free insights into trading
• Free commentary about options trading

 

Go here now to get it!

 

Hey, you can’t beat the price!

 

It should add a lot of money to your bank account.

 

Check it out here!

 

Thanks!

 

Good trading,

Courtney Smith

 

P.S. Click here to get all the great info!

The Most Important Step In Your Trading

 

The most important step is the first step!

 

I’ve taught thousands and thousands of people how to make money trading. Yet a big percentage never actually trade. They take the time and spend the money to come to my class and then never do anything.

 

This drives me nuts. I know that they will make money if they follow the Rules I teach. But they don’t.

 

So think about it. Let’s say they would make just $10,000 per year for the rest of their life. Let’s say they live 40 more years. That’s $400,000 they will never see! And that doesn’t count any compounding!

 

Lack of confidence is the usual reason. How can you overcome that? Here are two ways.

 

Get An Accountability Partner

 

Find another trader, preferably from one of my classes so you have the same knowledge. Get together at least once a week. Go over trades. Go over your emotions. Urge each other to keep going and follow the Rules.

 

Get A Mentor

 

A mentor is even better because it will dramatically increase the time to profitability. A mentor can provide a number of very high values:

1. Encouragement

2. Focus

3. Knowledge

4. Nuance

5. Guidance

 

Options University has just relaunched their mentorship programs and they are amazingly powerful. Click here for info.

I Taught This To 10,000 People. Now It Is Much Better!

I started this company 10 years ago. Over those 10 years I have taught over 10,000 students!

 

I  started with my own course but quickly started working with Peak Potentials and teaching Freedom Trader Intensive. I then upgraded the content and called it Stock Success School.

 

Now, I have taken this course that I have taught to over 10,000 people and taken it to another level.

 

It's now called Stock Financial Freedom System.

 

Why the change? For several reasons.

 

First, it now truly a system.

• I give you clear directions on what to do.
• I give you the moves you need to make to make massive money.
• I show you how to manage the risk
• I give you easy to follow rules
• I give you the software you need to put it into action

 

Most importantly, the techniques for making money are dramatically improved! The old techniques made many people massive money. But these new techniques are even better!

 

Simple, easy, proven…

 

You owe it to yourself and your family to attend our next Stock Financial Freedom System live seminar. Click here to learn more.

 

I have a special offer for you! I am gifting some fully paid scholarships and you may qualify! Simply go here and apply. We'll let you know within 24 hours.

 

It looks like our next date has sold out so we have created another date so you can get a seat. (Ma

 

Isn't it time you got your money working for you rather than you working for money?

 

Isn't it time you got the financial freedom you deserve?

 

Check it out here and apply for the scholarship!

Is This The Crash Of 2018? Urgent Message!

The Dow dropped 666 points. It this the beginning of the Crash of 2018?

No!

Here are two important reasons why not.

There has never been a crash in a bull market ever. In history.

Let me repeat: there has never been a crash in a bull market in history.

Crashes occur at the END of bear markets! Crashes are the final capitulation of the bulls when they finally give up and sell.

The second critical reason is that ll crashes have been preceded by a flat or negative yield curve ONE YEAR IN ADVANCE!

We recently saw the difference between short and long term interest rates get down to about 100 basis points but that is not enough. In addition, that just occurred so that would mean that there would be a crash in one year, not now.

In other words, there are no preconditions that would lead to a crash right now.

Nonetheless, I have created a precise road map about what is going to happen in the next 30 days. I also will be updating that roadmap every week.

Most importantly, I have specific actionable trade recommendations that I think will make massive profits in this sharp downtrend.

I am putting this all in my weekly video newsletter, TradeSmith. Click here to learn more.

I wrote the #1 stock newsletter for five years but then shut it down. I’m back with a new killer newsletter designed to create massive profits in the stock and options market.

You can’t afford to NOT subscribe!

Click here to learn more about this exciting opportunity!

The Dow dropped 666 points. It this the beginning of the Crash of 2018?

No!

Here are two important reasons why not.

There has never been a crash in a bull market ever. In history.

Let me repeat: there has never been a crash in a bull market in history.

Crashes occur at the END of bear markets! Crashes are the final capitulation of the bulls when they finally give up and sell.

The second critical reason is that ll crashes have been preceded by a flat or negative yield curve ONE YEAR IN ADVANCE!

We recently saw the difference between short and long term interest rates get down to about 100 basis points but that is not enough. In addition, that just occurred so that would mean that there would be a crash in one year, not now.

In other words, there are no preconditions that would lead to a crash right now.

Nonetheless, I have created a precise road map about what is going to happen in the next 30 days. I also will be updating that roadmap every week.

Most importantly, I have specific actionable trade recommendations that I think will make massive profits in this sharp downtrend.

I am putting this all in my weekly video newsletter, TradeSmith. Click here to learn more.

I wrote the #1 stock newsletter for five years but then shut it down. I’m back with a new killer newsletter designed to create massive profits in the stock and options market.

You can’t afford to NOT subscribe!

Click here to learn more about this exciting opportunity! 

Please go to http://courtneysmith.com/is-this-the-crash-of-2018-urgent-message/

"Got My Ass Handed To Me”

Here is a note I got from a student:

 

"Started trading Options in Sept with $7500, was making good money in BA and LMT, so I dumped my Risk Mng, and bought 5 contracts for each. Account rocketed to $14,000, then, got my ass handed to me and fell off to $5300 !!! Haaaaa, Ouccchh, then as you advised, I put my "Pro Hat" on and started to watch my Risk Mangement like a PRO, now at $9003!!!

 

Thanks for helping me get my mind right, appreciate you Courtney."

 

Bob raises some great points.

 

First, he starts to get a case of the Midas Touch Syndrome. This occurs when you have a run of profits and start thinking you don't have to follow your rules. You just have to touch trades and they make a lot of money. But, of course, it doesn't work that way.

Just because you made some money doesn’t mean you raised your IQ by 100 points!

 

Of course you can make a lot more money if you don't use good risk management but breaking that discipline is nearly always a path to ruin.

 

Bob lived through the storm and was able to recover and put on his Pro Hat! Awesome!

 

It is important for us to always put on our Pro Hat and stop acting like an amateur. Pros make money and amateurs don't. Good for Bob!

I love the fact that Bob was able to raise his account by almost 80% after putting on his Pro Hat. Awesome!

 

I can help you with this! This is a good reason to subscribe to my new Smith’s Stock Swing Trader service. I will guide you through the stock and option markets twice a day! Watch me make a living trading! Click here to register.  

 

Twice a day I put out my action swing trades in stock and options. I’ve been crushing it! You

can learn more by clicking here.

 

 

Good trading,

Who Wins In A Fight? Day Traders or Swing Traders?

I’ve done both and made money doing both. Here’s how I see the fight.

 

Day traders are those that buy and sell a stock, futures, options, or forex and liquidate before the day ends. Swing traders will likely hold the position 1-5 days.

 

Day traders will talk about how they close out all their positions at the end of the day so they don’t have any risk overnight.

 

Swing traders will retort that they do take more risk overnight but they will also often be making money over night. Making money while they sleep!

 

Swing traders will talk about how they make more money on average than a day trader. The day trader will respond by pointing out that the swing trader takes only a few trades to the many trades a day trader takes.

 

In the final analysis, I prefer swing trading to day trading because I don’t have the patience to stare at a screen for hours each day. Seems more like a job than a way to make money.

 

To me, one of the most important aspects of trading is the ability to NOT spend time trading! To live your life instead of having a job.

 

Sound interesting?

 

Twice a day I put out my action swing trades in stock and options. I’ve been crushing it! You can learn more by clicking here.

 

Yes, you can make a living as a trader!

 

Click here to register.  

Tips On Getting The Most From All Your New Leisure Time

Imagine the sun waking you up. No alarm clock!

You throw back the blinds on your ocean-side condo. Another beautiful day.

This is the life of a pro trader. This can be your life.

Actually, the reality of nearly total freedom was disconcerting when I first did it. I had already retired twice but the third time was actually hard to do!

I had been working 16 hours a day for over 20 years. All of a sudden, I had nothing to do. I was a little dizzy and unfocused. I think the same thing happens to people who retire after a lifetime of working. So let me give you a few tips.

Create stuff to do. For me, I ended up starting to really read the news and learn more about trading, particularly the fundamentals. I developed models and back tested a million ideas.

The advantage of adding this work is that it increased my trading income! Double super whammy!

But you should find something productive to fill your time. It should be productive or else it will actually destroy you. Don’t watch TV all day.

A second tip is to be physically active. Walk everywhere instead of driving. I will decide to go to a movie. But I will walk to a theater that is a couple of miles away rather than one that is close by. I get some exercise, listen to a podcast, and stop and smell the roses.

A third tip is to be yourself. In the final analysis, being a pro trader is all about being who you REALLY are. You no longer have to know tow to a boss or customers. You get to be a good person all day long. You get to really release the incredible power inside you.

Go be that person!!!!

It took me time to really understand all the ramifications of being free when I stopped working for the Man and became an independent pro trader. It took me time to get into the rhythm. It took me time to get into the  true freedom.

We have an amazing course which can really help you get through the psychology of being financially free called Psychology of Massive Wealth. It’s super inexpensive. You can register,

Click here for information!