| By Jeff Clark, editor, Delta Report Imagine you’re a contestant on the game show, Let’s Make a Deal. Monty Hall pulls you out of the audience. He waves $2,000 in your face and says, “This is your money. You can take it and keep it right now… or you can trade it for what’s behind the curtain.” Of course, you know from a lifetime of watching daytime television that there’s a 50% chance that what’s behind the curtain is an all-expenses-paid trip to Mazatlán—valued at $5,000—and a 50% chance that it’s something virtually worthless, like a farm animal. | Recommended Link | | Like Trading Options? You’re Missing Out On These Explosive Gains We’ve identified a group of stocks that are so small… they don’t offer options. Yet they’re some of the most explosive stocks on the market today – spiking 226%, 495%, even 1,000% or more – in a short amount of time. On October 23rd, 36-year trader Jeff Clark is going to show you how to get in on these stocks right as they’re breaking out. | | | -- | What do you do? If it’s me, I’m taking the cash. I’m thinking, “I came here with nothing. There’s a 100% chance I’ll leave here better off if I take the money. There’s only a 50% chance I’ll leave here happy if I take what’s behind the curtain.” Either way… my life isn’t going to change dramatically. So I’ll take the $2,000 and be happy no matter what. Here’s another line of thought… “I came here with nothing. The worst case is I’ll leave here with nothing. But there’s a 50% chance to increase the return on my prize by 150%. The odds justify that trade. So I’ll pick what’s behind the curtain.” Here’s the thing… There’s nothing wrong with either decision. All that matters is how you view the consequences of the trade. Let me explain… I’m going to be happy if I get a $2,000 windfall profit. I might be slightly more ecstatic if I win a trip valued at $5,000. But I’ll feel like an idiot if I give up the $2,000 and go home with a goat. So I’ll pass on “ecstatic.” I’ll take “happy.” Not everyone thinks that way—which is why we love watching game shows. Let’s apply this thought process to the stock market… Every time I close a trade, in the back of my mind, a little voice asks, “What happens if it moves even higher?” This is the equivalent of Monty Hall asking if I want to keep the $2,000 or trade it for what’s behind the curtain. I know for sure that I’m happy if I close the trade right now. I don’t know if I’ll be happier or feel like an idiot later. So I almost always chose to err on the side of happiness. Now, if this is your only time on a game show… if it’s your only chance to make a trade in front of Monty Hall… it’s understandable if you choose what’s behind the curtain. After all, it’s your only shot to maximize your gains. I get it. But the stock market isn’t a game show. We have trading opportunities almost every single day. The secret to longevity as a trader is to consistently take the money when it’s flashed in front of you. You might feel a tinge of disappointment if a trip to Mazatlán is behind the curtain. But you’re still heading home with more money than you had before. Be happy. At least you’re not going home with a goat. Best regards and good trading, 
Jeff Clark
Editor, Delta Report P.S. If you want to make the best “deals” in the market, you need to have the right strategy… That’s why, over the past 18 months, I’ve been perfecting a new proprietary system that shows when a certain group of stocks are primed for big breakouts. I’ve had a lot of success using the system to trade my own money. And on Wednesday at 8 p.m. ET, I’ll share all the details in a free, exclusive presentation. Plus, if you reserve your seat now, you’ll get access to a free live training session today at 8:30 a.m. ET. During this training session, I’ll share my favorite trading setups for the week ahead—plus, give you an update on my big market crash prediction. All you have to do is reserve your spot by entering your email here, and I’ll send you a reminder before we go live. IN CASE YOU MISSED IT… Free Stock Trading Event With Legendary Trader On Wednesday, October 23rd, at 8 pm ET, trading legend Jeff Clark is putting on his first-ever stock trading event to reveal… The S-Force Method: How to Make More Money Than You Can With Options — Trading Nothing But Tiny Stocks… And if you’d like to find out how to trade tiny, $1 stocks and potentially walk away with as much as $4,550… $15,900… and even $30,050 per trade — without using options — you’ll want to register immediately. Register for FREE here. 
Like what you’re reading? Send us your thoughts by clicking here. | 
No comments:
Post a Comment