The Option Genius Podcast: Options Trading For Income and Growth

People literally ask me this one question ALL THE TIME… "Allen, how did come up with such a lucrative, safe, and easy way to trade?" I explain it all in my new book Passive Trading, get your free book here https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that's exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer. -- Greetings, Genius Nation. We're back with another episode of the Option Genius Podcast. Thank you so much for joining me. Today I want to be talking about Bitcoin. As you probably know unless you've been living under a rock, Bitcoin is going crazy. Just recently, Bitcoin passed $7,000 ... actually crossed the $7,500 mark just recently, although it has come back a little bit since then. It might be going higher. It might be crashing. I don't know the future, but right now, it is all over the news. It is everything anybody wants to talk about. Seriously, if I had a Bitcoin for everybody that has ever asked me about Bitcoin, I'd have a lot of Bitcoin. Seriously, there is so many people who are thinking about it, who haven't jumped on board. There's some people who are dabbling in it. Whether you have invested in Bitcoin already or any other cryptocurrency, or if you're thinking about it, I wanted to put this podcast out there, this episode out there, because there are a lot of scams. There are some things that you need to be aware of that are happening in the market right now, that are happening because there are people who want to take advantage of you. Everybody out there cannot be super educated about Bitcoin and cryptocurrencies and all that. Because of that, because of the way they are and how they are supposed to be so complicated that the normal person can't understand, there are people who are taking advantage of people who want to invest, taking advantage of normal people. So I have jotted down some notes, and I have three different scams that are out there that are happening right now in the marketplace that you need to be aware of. Now, these scams are not directly about Bitcoin. Buying Bitcoin itself is not a scam, or at least I don't think so. I'm going to share with you how I have bought Bitcoin, how I do it. I'll share with you what broker I use, what wallet I use, and what other coins I'm in. To date, basically I have more than doubled my money, and I only got started back in April, April of 2017, which is, for now, it's only about eight months. That's going to be on the next episode. Make sure you download the next episode as well as this one. -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP: https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

People literally ask me this one question ALL THE TIME… "Allen, how did come up with such a lucrative, safe, and easy way to trade?" I explain it all in my new book Passive Trading, get your free book here https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that's exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer. -- Today's episode comes about because of an email I got this week. Let me read it for you. It goes, "I'm very interested in joining your website, but I have some concerns you may be able to help with. I have friends who used to trade credit spread options, but had some very bad losses due to a black swan event a couple of years ago. If you advise us to place a trade, risking say 70 percent of account, and an event happens over the weekend, the market could gap and we lose 70 percent almost overnight. This is the only thing that stops me from signing up and learning how to trade options. Am I missing something here? Thanks. John". For those of you who've never heard of it, and I'm surprised if you have never heard of it because it's very common nowadays to say that, throw this word around. "The black swan". Basically what it is, it's an unpredictable event. Something that we can't account for. It could be man made. It could be natural. These are things that are not taken into event normally because they are so out of the realm of possibility that you wouldn't even think about it. Or at least that's what the guy says who came up with this theory. Now notice, it is still a theory. It hasn't been scientifically proven or anything like that. But it is something we should be aware of, and maybe even take into consideration while we're trading. A good example of a black swan event is 9/11, the attack on the trade towers, and all the other attacks that happened with the planes. Now nobody had ever, well they did kind of, they had some kind of inkling that something like that could happen. But for the general population, nobody ever considered that terrorists would take over airplanes and drive them into buildings. Never considered it. Links: OptionGenius.com SimonSaysOptions.com/stocks -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP: https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

People literally ask me this one question ALL THE TIME… "Allen, how did come up with such a lucrative, safe, and easy way to trade?" I explain it all in my new book Passive Trading, get your free book here https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that's exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer. -- Welcome to another edition of the Option Genius podcast. I'm your host, Allen Sama. Today, I want to be talking about something that I call the Five Finger Theory or the Five Finger Strategy, if you will. Basically, this is something that I think is very, very crucial to your success. Not maybe your trading success, but definitely your overall financial success. I think it's, super, super important. I call it the Five finger Strategy. That's my personal twist on it. Now, you might have heard somebody mention something in the past about multiple streams of income, so it's kind of like that but it's my own take on it. This particular strategy will help you overcome the financial pitfalls that happen to everybody. It's my opinion that you need five fingers in your life, or five separate, distinct sources of income. Now, I don't care how rich you are. If you only have one or two fingers, it can all be taken away from you very, very quickly, and in some cases over a night. Links: https://optiongenius.com https://optiongenius.com/blog/79-alternative-investment-platforms/ -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP: https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

People literally ask me this one question ALL THE TIME… "Allen, how did come up with such a lucrative, safe, and easy way to trade?" I explain it all in my new book Passive Trading, get your free book here https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that's exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer. -- Imagine giving the gift to your kids of them being able to follow their calling, whatever it is. Maybe they want to be a social worker, maybe they want to be a missionary, maybe they want to be a world traveler. Right now, if they go get a marketing degree or an accounting degree or whatnot, they can't do it. They don't have that freedom. Imagine them having the ability to follow their heart and their freedom, not worrying about money because they know how to go into the markets and just take it out at will. That's what option trading, the way we do it, gives you that opportunity, that ability. Good morning, Genius Nation! Woo. That was my tribute to Robin Williams and Good Morning, Vietnam. I loved Robin Williams. He was a great actor. I didn't think he was always funny. He was very funny, not always. Amazing actor. I liked his more serious roles a lot, as well. Recently, we just, on Netflix the other day, I was just flipping through and they said, "Hey, Dead Poet's Society." I was like, "Oh man. I'm going to put that on my list because I'm going to watch that one, man." I remember that one. That was one of the movies that really shaped or ... It's one of my favorite movies. I don't know how well I have lived up to its message. When I saw it, I was young. I don't know how old I was. We saw it in the theater, with my parents. I didn't get the message. Only later on, did I get it. If you haven't seen the movie, I'm going to spoil it in this. I'm going to spoil it for you today. It's an awesome, awesome movie. "Gather the rosebuds while ye may." I don't remember the poet who said that, but it's an amazing line and it sums up ... That line sums up the whole movie. Basically, in Dead Poet's Society, Robin Williams is a teacher. He goes to, I think it's a prep school. They're not in college yet, but it's a boarding school for really rich high schoolers. Either that, or it's like some small little college, a liberal arts college somewhere. He is a teacher there. I think he's an English teacher, and he takes the class, and it's all boys. The whole school, it's an all boy school. He takes the boys, and these guys are ... They look pretty rich, they look like nerds, virgins probably most of them. Nothing really adventurous about them. He takes them to this trophy case in this school and there's this picture of one of the older teams that, decades ago, where they were standing there with their little football uniforms on or something. At that time, they didn't have helmets and pads and whatnot, so they're just wearing these little leather caps on their heads and cleats. I think they had cleats. He's telling them to look at that picture, to really look in the eyes of the people that were in that picture. Every single one of the people in that picture is already dead. The message that those people, those dead people have, for these young kids, is to gather the rosebuds while ye may. Meaning, to carpe diem or seize the day. Don't let a day go by where it's just another boring day. Live for the moment. Live your life to the fullest, is the message. That's the whole message of the whole movie. He shows them this in different, different ways. One of the ways that he shows them is by getting them to change their perspective. Think back to when you were in high school or college and whatnot, and you had assigned seating. You would go and you would shuffle into the room and you would go to your little desk and you would sit down. That is the image that you have of the room. That's what you see, whatever's in your vision, that's what you see around. What if you turn it around and you go and you sit at the teacher's desk? Most of us have never done that. If you go and you sit at the teacher's chair, the whole room is totally different. You can see so many different things that you didn't notice before. One of the things that Robin Williams does, is he has them come to the teacher's desk and then he has them stand up on the desk, which they've never done before. They're all rule followers. They don't break the rules, they're all rule followers. He gets them to stand up on the desk. Standing up on furniture, with your shoes on. That's a big concept. Not only that, but you got to stand up on the teacher's desk. You could get thrown out of school for something like that. He has them st

People literally ask me this one question ALL THE TIME… "Allen, how did come up with such a lucrative, safe, and easy way to trade?" I explain it all in my new book Passive Trading, get your free book here https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that's exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer. -- Your stock broker is just another tool in your trading arsenal. Yet too many investors has a sense of loyalty to their broker. And when their broker says "no" the investor just takes it. The truth is, it is your money and your broker should not dictate to you what you can do with it. Another truth is that you are allowed to have more than one IRA account. So how many accounts should you have? As many as you need. Every broker has its strengths. There is no shame in having account at different brokers in order to use their free tools. Some nuggets from this episode: "Brokers do really well, and they make a lot of money from us, especially the more and more people are trading options nowadays, the individual investors, the people that are realizing that, "Hey, you know what? Giving my money to this financial planner or this mutual fund or whatever, it's not getting the job done. I'm paying all these fees and whatnot, and I don't have any control over money. It's better to have control of our money. Let me do it myself." More and more people are waking up to that reality. More and more people are waking up to that realization." "The one thing I want you to take away is that all these commissions are negotiable. If you don't like what you're paying now, if you think you're paying too much, contact your broker and say, "Hey, you guys ripped me of. I want to pay less money, and if you don't, I'm going to switch," because there are hundreds of brokers out there. They all want your money, they are all hungry for money, for income, for more customers. They will bend over backwards. They should bend over backwards to help you out and to get you as a customer." Links from this episode: https://optiongenius.com/blog/this-1-trick-can-save-you-thousands-on-commissions/ https://optiongenius.com/blog/option-friendly-brokers/ http://www.ameritrade.com http://www.etrade.com http://www.eoption.com http://www.interactivebrokers.com -- LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP: https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.

At OptionGenius we believe that you deserve freedom. Financial freedom so you have no more worries and more than enough money, Time freedom to do what you want when you want, and Choice Freedom to live your life on your terms. But the system and wall street are rigged against us little guys. So how do we fight back? That's what this podcast is all about. My name is Allen Sama and this is the Option Genius Podcast. -- People literally ask me this one question ALL THE TIME… "Allen, how did come up with such a lucrative, safe, and easy way to trade?" I explain it all in my new book Passive Trading, get your free book here https://www.passivetrading.com/free-book! Option Genius was built with you...the individual trader, the breadwinner, the dreamer, the rock your family depends on ...in mind. Because we know what it takes to become a successful and profitable trader. And that's exactly what we help you do best. Get your $1 trial of Simon Says Options, our most conservative and profitable trading service here https://simonsaysoptions.com/stockslist-ss-trial-offer. LOVE ALLEN SAMA - OPTION GENIUS AND WANT TO LEARN MORE TRADING TIPS AND TRICKS? HERE ARE SOME NEXT STEPS... SUBSCRIBE TO OUR PODCAST FREE 9 LESSON COURSE: https://optiongenius.com/ WATCH THIS FREE TRAINING: https://passivetrading.com JOIN OUR PRIVATE FACEBOOK GROUP: https://optiongenius.com/alliance Like our show? Please leave us a review here - even one sentence helps.