It was not until I sat down and examined my winning and losing trades, comparing them to the charts and indicators, that I finally began to discover the value in one particular indicator, the MACD. I knew that when one line crossed the other it meant to buy or sell, but that did not work well or consistently, both requirements for trading options, since they are wasting assets. By examining divergences in the MACD indicator, however, one could tell when a stock was ready to change direction with a great degree of reliability. I concentrated on perfecting my entry and exit strategy using this indicator, but incorporated various indicator time frames. Options offer incredible potential that stocks can never give us. Plus chart patterns develop clearly enough to see definite direction changes that will produce returns in excess of 1,000% in hours, days, or weeks depending on the strength of the pattern relative to the price. Besides, I don't want to 'own' anything! I just want to make money to do the things I want, when I want. I began teaching others when some investors asked me to explain my trading style and ever since then I have been talking about my discovery to everyone I meet. I have taught people around the world, some that I met on airplanes in the seat next to me and in other casual situations. I enjoy showing people extraordinary possibilities! I just wish someone would have taught me in the beginning how to avoid the pain of investing but, as the saying goes, 'The harder the conflict, the more glorious the triumph. What we achieve too easily, we esteem too lightly.'
Now I've formalized my trading strategy into two webinar delivered trading education services, seminars and coaching/mentoring programs. You can find out more by clicking on the Products tab at the top of the page. Dale Wheatley The Options and Index Hunter I learned that the separation between rich and poor is because rich people continue to do the things that produced their wealth and poor people continue to do the things that created their poverty. It is a choice each of us makes. I am determined to make smart choices to achieve financial and personal growth and I want to help others be successful. I want people to achieve financial growth and be a successful trader using simple options trading strategies. People all need to look hard at their beliefs before expecting to become successful options traders, or succeeding with anything in life.
