ROFLMAO, Mr Hughes, hey it is nice to have signed up to Baron's Elitetrader Forum. But I have known several who have taken your material and lost and these are experienced traders. So I am guessing times been tough and you thought you put up some advertising to get another 10,000 subscribers, before you know it PaPa Johns will have pics of pizzas and numbers to call, or Pizza Hut. Ahhhh, I can see myself at the Golf course playing 18 no no no 36 holes of golf, I am so confident of your sincerity, I am going to stick employees 401k's into Hughes trade along, (sounds like Woodie doesn't it) and they can get wealthy. Well, after this crock, am going to sleep.
Hi, Handle123; I am assuming the experienced traders you are referring to are indeed experienced traders due to your linguistic choice of the term "traders". I wish I could learn more about there experiences because it would be good to try to determine the cause of failed attempts at such strategies... Technical analysis trading is the only reason in which the successful usage of any kind of derivative's trading could benefit said individual who had placed the trade. Otherwise, the sense of momentum, and the disoriented sense of "timing" would be too confused and could result in bad judgement for establishing entry points. I have recently been educated and trained into technical analysis, and my usage of it has been considered essential for my own personal trading preferences. However with intended respect towards your reply, many experienced traders would have experience trading derivatives and would generally have a working risk management process and plan for a losing derivative's trade attempt. As well as many will be trading derivative's in the first place for their intricate profit to risk ratio basis in conjunction to stock and etf trading. Understandings of leveraged factors of what I had referred to as "Derivative Power Plays" however does create a derivatives trade set up that can achieve as high as 200X leverage with an option contract, and not credited "borrowed" margin like from a forex broker. Typically leverage for a good options trade (conservative context) would be from 5X to 10X; so the usage of any kind of higher than 20, or 40X leveraged trades with options would simply just be more reliant on distinguishing the most simplistic things of which anyone who is investing, trading, or of the like could apply into their educated trading decisions that also are the core for the majority of nearly all successful trades. That is more simply, will the price, go up, or will the price go down? I believe the best guarantee on the tallying of the sequential trading wins and losses of a trader who had placed 20 trades would not be the guarantee that the price WILL move up or WILL move down for a winning trade, but more humanistically the guarantee of losing trades. I would recommend, as the likelihood of losing on a trade is generally considered GUARANTEED and at usually regular intervals; the ratio of those trades that won against those losing trades ultimately should provide further enlightenment as to why the combination of the technical analysis traders' skill set, combined with a tightened stop loss usage, and other risk reduction decisions that also are applicable; to eventually establishing the criteria I was referring to when I stated the opinion that "even lower and mid class individuals can achieve wealth using the information they could obtain from the materials provided by Chuck Hughes; including technical analysis suggestions, and other high probability set ups for seeking out winning candidates for such powerful trades so as to minimize the chances of happening to lose on a trade (by stopping it out at fixed prices) and increase the chances of winning trades. For what it's worth, I am in no way affiliated with any business, or marketing agency or group. I was merely just trying to point out the fact that proper usage of such strategies and detailed set ups can result in returns that are triple digits and intra week (not necessarily every time though) and like I said, will still be continuing to follow Hughes and his work more than likely for a long time. Peace -
I quit reading Chuck's mailers long ago. However, from what I remember, the most he claimed to make was a few hundred percent per year. With those 488% overnight gains, you should be on the Forbes Billionaire list in no time...even if you started with a $2,000 account. You must have taken Chuck to the next level.
Yeah, that's an understatement. If he knew anything about "copywriting," he'd be as clear and direct as possible when trying to sell Hughes. And he'd write at about a 4th grade level. Instead he sounds like a pretentious philosophy major trying to impress his professors.