My #1 Rule: Don't Buy Options

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My #1 Rule: Don't Buy Options

Trading Forex,

Options buyers lose money on 7 of every 10 trades. They place high-risk trades, hoping for a big payout.

But they lose - a LOT!

That's why I don't buy options. Instead, I flip them on their head and do this with them. When I do, I make money 85% of the time..

I turned $50,000 into $5 million trading options this way. To know my little option secret, you must click here.

To your investing success,

Jim Fink
Chief Investment Strategist

To accept this special invitation, click here.

Symbol	Last	Change	%
Indexes Snapshot
Dow Jones Industrial Average	31802.44	+306.14	+0.97%
NASDAQ Composite	12609.16	-310.99	-2.41%
S&P 500	3821.35	-20.59	-0.54%
SPDR S&P 500	381.70	-1.93	-0.50%
iShares Russell 2000 ETF	218.87	+1.16	+0.53%

U.S. STOCK INDEXES

The Dow closed sharply higher on Monday and in doing so posted a new all-time high. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. If the Dow extends the rally off January's low into uncharted territory, upside targets hard to project. Closes below last-Thursday's low crossing at 30,547.53 would confirm that a short-term top has been posted. First resistance is today's high crossing at 32,148.04. Second resistance is unknown. First support is last-Thursday's low crossing at 30,547.53. Second support is January's low crossing at 29,856.30.

The June NASDAQ 100 closed sharply lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If June extends the decline off February's high, the 25% retracement level of the 2020-2021-rally crossing at 12,146.81 is the next downside target. Closes above the 20-day moving average crossing at 13,253.28 would signal that a short-term low has been posted. First resistance is the 10-day moving average crossing at 12,874.45. Second resistance is the 20-day moving average crossing at 13,253.40. First support is last-Friday's low crossing at 12,200.00. Second support is the 25% retracement level of the 2020-2021-rally crossing at 12,146.81.

The June S&P 500 closed slightly higher on Monday as it extended the rally off last-Thursday's low. The mid-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If June resumes the decline off February's high, February's low crossing at 3656.50 is the next downside target. Closes above the 20-day moving average crossing at 3869.14 would signal that a short-term low has been posted. First resistance is the 20-day moving average crossing at 3869.14. Second resistance is February's high crossing at 3947.75. First support is last-Thursday's low crossing at 3710.50. Second support is February's low crossing at 3648.00.

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U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results

These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

All trades, patterns, charts, systems, etc., discussed in this message and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation.

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My #1 Rule: Don't Buy Options

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