✔ Registered Investment Advisor (RIA) Representative since 2018
✔ Options trading since 2010
✔ Weekly contributor to OptionsBrew TV by Tradier's Top Trading Thoughts
✔ Contributor to EcoQuant Insight since 2018
✔ Cost/Benefit Analyst since 2004, Certified by the International Cost Estimating and Analysis Association (ICEAA) since 2014
✔ Master’s Degree in Economics, George Mason University, 2017
✔ Bachelor's Degree in Economics, Seton Hall University, 2002
Welcome to the Wizard of Ops! Here is what I offer and why.
Much of the time, the average retail investor opens a brokerage account with some savings, a small tutorial about the site, and a glorious idea of what stock to buy.
What is not understood is how to invest, how to plan, or the reasons markets move. Financial media is lazy in their analysis, giving reasons for market moves that are form-fitting and retroactive.
When the retail investor thinks they know what is happening and the market moves in the opposite direction despite a correct thesis, emotions take over. As a result, the failure rate of retail investors is estimated to be 70-80% (source: babypips).
There are several problems to the way the average retail investors trade.
The options newsletter services address the following:
❎ The first is that their knowledge of the stocks being purchased is below the average shareholder’s knowledge. There are plenty of research services that assist with this issue, offering fundamental and technical advice on a variety of stocks as well as the market overall.
The newsletters rely on outside analysts to help in this arena.
❎ The second issue is that the average retail investors do not have a quantitative trade plan; they trade on feelings. When their position goes up, the feelings are good and they do not want to sell. When the stock goes down, they hope their attempts at cheerleading will bring the stock price back up and prove they are knowledgeable, and sell at break-even.
The newsletters help with that by giving quantitative trade plans that will guide you through the trade.
❎ The third issue is that the only tool they know how to use somewhat effectively in the toolbox is the stock equity. When they learn about other tools, they are misused and result in further losses.
I have explored many of these tools, including bonds, futures, and equities, but have found that the best tool for making money in the market is options.
The newsletter service is the creation of positive return-to-risk trade plans on a given thesis primarily using option strategies.