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The “One Trick Pony’ Myth, and How It’s Costing You…

The “One Trick Pony’ Myth, and How It’s Costing You…

Posted On June 14, 2021 2:55 pm
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I sometimes get questions from readers and subscribers asking something like…

“If there is a strategy for trading or investing that really works, why do I need 5 or 10 or 20 strategies?”

It’s a reasonable question IF you are brand new to trading or IF you don’t have a deep understanding of the right way to trade.  

The simple answer is:

There are an almost unlimited number of situations that can come up where you can make a profit trading. Sometimes 2 or 3 can come up at the same time, and you can choose the highest probability trade IF you have the right strategies. If you only have one strategy, you are missing trades or missing more profitable trades.

The bottom line is it is FAR more difficult to build wealth if you are just using one strategy.  

I would say almost impossible in my opinion.  

There just are no “easy buttons” when it comes to trading. 

That’s why when I approached my publisher about Options360 I said I didn’t want to focus on any single strategy. I wanted Options360 to truly be a concierge trading service.

A place where subscribers can take advantage of a host of different setups…

A place where we can find profitable trades no matter what is happening in the market.

And more importantly discover how they can find these trades on their own.

I am a firm believer that an educated subscriber is my best subscriber, because they know how much work it takes to monitor the market and find these trading ideas. 

So even though they could do it on their own, the work they’d have to put in is worth far more than the small monthly subscription rate for my research.  

And considering how we’ve smashed the S&P every year since we launched – it makes sense to avail yourself of my work. 

You can jump on board Options360 for just $19 for the first month. It’ll be the best $19 you’ve ever spent.

To Your Success,

Steve

About author

Steve Smith
Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.

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