HOW I STARTED OPTIONS TRADING
I was on a beach in Brest, France in 1984 watching my oldest son race a 40' Catamaran Sailboat with Bob, his wealthy sponsor. Bob was making $2 million per month doing options trading in New York. I asked Bob how to do options trading. He spent the next half hour explaining his strategy of Selling Index Option Calls 2 standard deviations above the market and Selling Puts 2 sigma below the market. By using the 2 sigma strategy, Bob explained the probability of the market rising above the Call or dropping below the Put was less than 10%. Therefore, the Initial Credit received when selling the Calls and Puts become profit at the end of the option month when the options expired. It was a sure fire way to win profits 90% of the time. I was so convinced I placed an order with our London Broker that same day and made $11,000 the first month I used Bob's 2 sigma Spread Strategy.
When I arrived home back in Spain where I lived in Malaga in an apartment a half block from the Blue Mediterranean, I used the notes taken on the Brest beach and created my first options trading software on the PC computers which became my Options Trading Command Center. I wrote my first Options Book The Insider's Automatic Options Strategy. And I began email correspondence with readers of my options book all over the world.
An elderly Chinese gentleman from San Francisco who was a reader of my first options book, explained to me I should use more sophisticated market signal charts to better predict which direction the market will move. After several months of email correspondence in which he sent me algorithms for a variety of market signals, I created the charts that Mr. Samn had told me about. I made innovations to his algorithms and created some unique market signal charts, inspired by Mr. Samn's enthusiasm. I incorporated these new market signals and charts into New Options Trading Software that I developed in the late 1990's. Readers of my Options Book bought my new software and became devoted disciples of the 2 sigma Spread Strategy. Living in Spain I was impressed that I had readers from all over the world: the US, UK, Germany, Australia, Japan, New Zealand and elsewhere.
While conducting a short course in Options and Currency trading with an expert from Madrid, I learned from him how to do Currency Trading, as I was teaching the students how to do Options Trading. My latest Options and Currency Trading Book incorporates many new strategies I devised for Index Option, Stock Options, Future Options, as well as for Currencies. The new book is called Self Adaptive Options & Currency Trading for the Volatile Markets of the 21st Century.
Further I developed 3 new Self Adaptive Options and Currency Trading Software packages that implemented the strategies described in my new book. These 3 software packages are available from Jon Schiller at email: jonsch1@verizon.net . I also offer the electronic version of options books and adventure novels which can be ordered at the same email address. The items you order will be sent to you as email attachments.
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