One of my favorite movies growing up was Indiana Jones and the Last Crusade. You may remember this movie starring Harrison Ford and Sean Connery on a quest to find the “Holy Grail” before the bad guys catch it.
Towards the end of the film, the villains try to distinguish which cup is the true holy grail among a wide variety of chalices. The problem was that the real holy grail was not labeled and if you drank from the wrong cup you would end up dead. The villain grabs a shiny gold goblet and takes a long drink, thinking that this must be the right goblet based on the appearance, but unfortunately, he did not choose wisely. He ages 100 years in a matter of 30 seconds and withers to ash.
Indiana Jones, for his part, bets on the most modest cup and ends up drinking the water from the true “Holy Grail”. His reward for choosing wisely is eternal life. In the end he wins the good guy.
The reason I mention one of my favorite childhood movies is that since I started The Trading Profit, I have taught many thousands of students that the “Holy Grail” of trading is consistency. All options traders look for a strategy that works in all market conditions, is easy to manage, generates reliable income, and produces consistent results. The My Put Writer Alert service is designed to meet all of these needs.
Since its launch in October 2015, the strategy has produced over 130 winning trades in a row, thanks in part to a special technical setup I use to fix losing option trades.
Amazingly, we have only adjusted about 13% of those trades and all of those adjustments have resulted in winners. In fact, these special adjustments have brought in more money than the credit received from the initial operations!
The hardest part of this incredible winning streak is telling people who have never heard of us. We immediately get a reaction that ranges from disbelief to shock. Most people think it’s too good to be true.
When I think of my Put Writer system, it reminds me of the Holy Grail scene from the movie Indiana Jones. Strategy is exactly what everyone is looking for, but it is the modest option that is commonly overlooked. It’s not a flashy, complicated spectacle aiming for home runs. Nor is it based on fancy indicators or double-secret software that very few have access to. Instead, it is a simple strategy aimed at realistic and consistent profits that can be traded in just 20 minutes per week.
A common objection to put options is that the risk/reward ratio is too small. It is usually the answer of traders looking for the big home run strategies that work at first, but then kill their accounts in the future. They overlook the power of compounding gains and small consistent gains over time. It’s more than a small oversight…
The smart money is in consistency, and when done correctly, Option selling can provide that Holy Grail that is so important to long-term success. Don’t let the Holy Grail of trading slip away because you’re focused on finding the next shiny cup. Choose wisely and then all you have to do is dip your mug and drink.