When you buy an option, are you playing a winner's game or a loser's game? Do you know the difference? In this brief video, I answer these questions because as Warren Buffett explained: "If you aren’t certain that you understand and can value your business far better than Mr. Market, you don’t belong in the game.” And, as they say in poker: “If you’ve been in the game 30 minutes and you don’t know who the patsy is, you’re the patsy." It's important to understand who the patsy is in the options market, where many individuals are playing the lottery rather than investing. Learn how buying “at the money” and “in the money” options will increase your gains. About Michael Carr:
Michael Carr is an American investor, a Chartered Market Technician (CMT), an internationally recognized Certified Financial Technician (CFTe) and a contributing editor for Winning Investor Daily. He is a longtime member of the Chartered Market Technicians Association, where he served as the editor of its newsletter, Technically Speaking. A veteran of the U.S. Air Force, Michael started his career at the Pentagon, where he was instrumental in the installation of the facility’s first local area network, an early version of the modern-day internet. Michael described this experience as “a field where there is no room for error.” It is this philosophy that drives Michael’s dedication to precise investment strategies.
Michael Carr’s Services:
In Peak Velocity Trader, find out how you can turn $10,000 into $77,300 in just a year:
Precision Profits gave testers 6,008% in winning trades. Learn how:
Follow Michael Carr on Social Media!
Twitter:
Facebook:
Check out Michael Carr’s blog and recommended investment resources at
Like the info in this video? Comment below and let us know!
Additionally, we love suggestions for new video topics, so feel free to share what you’d like to hear in future videos!
0 Comments