|Hi, my name is Allen Sama.
I make a living trading the markets and do very well at it. But it wasn’t always so.
When I first started trading I did what most people do.
Yet, I still lost boat loads of money!
My stock account, which was opened with $83,000 was down to $34,372.15. It had taken my wife and I, six years to save up that money, and it only took one year to piss most of it away.
If you’ve ever lost money in the stock market you know how I felt. I had tried everything: day trading, value investing, trend following, technical trading, going to expensive seminars, reading every stock book I could get my hands on, watching CNBC all day and even Cramer every night, but I kept losing money!
Why losing $48,627.85 in stocks was the best thing that ever happened to me.
I decided I would not make another trade until I went painstakingly through all my trade statements and discovered what I did wrong, and what, if anything I had done right.
It was only then that I realized something that changed my life forever…
The only technique that I made money on consistently was selling options.
The only logical thing to do was ignore everything else and to master the science of selling options. And since I have, I have earned between 5 and 15% a month! Yes, that’s a month, not a year. Click here to see my results back to 2006.
I became consumed with option selling strategies: credit spreads, condors, butterflies, calendars, covered calls, diagonals, delta, theta, gamma, volatility, etc.
I focused only on options. I read every book on the subject. I went to every seminar I could, and watched hundreds of hours of videos.
But it was all worth it.
When I was done, I had become an options expert. But best of all, I had a trading plan.
My plan tells me how to find trades, which options to buy and sell, when to get into the trade, when to get out, how much to spend on each trade, how to keep my losses as small as possible, and how to generate income from up, down, and sideways markets.
I no longer cared which way the market moved or if it moved at all, I could still make money.
But then it was time to test my strategies. I literally spent hundreds of hours back testing trades using my plan on stocks, indexes and ETFs all the way back to 1995. The more I back tested, the happier I got because the trades and my plan were making money. Only then did I start to trade again. But this time, I was consistently profitable. I am now living the life of my dreams:
Would you like to trade along with me?
After I started doing well, my friends and family started asking me to teach them what I do. I tried, but none of them wanted to put in the time and effort that I had. So instead, I started just emailing them the trades I was doing and emailing them whenever I made an adjustment. A colleague suggested I charge for this service and let others in on it as well. And that’s how this website came about. Check out My Mission for a further explanation of why I do this.
By joining this website, I’ll share with you exactly what trades I am doing myself and let you know when I make an adjustment. This way you can trade along with me. All you have to do is submit the trade to your broker.
For more information check out my homepage.