![]() |
Most traders will never set foot on a trading floor. They’ll never know what it’s like to stand in the middle of a live pit with fortunes being made and lost in real time. Jay Soloff does. He got his start in the Wheat Futures pit at the Kansas City Board of Trade. Then moved to the Chicago Board Options Exchange (CBOE), where he became a professional market maker, setting prices and managing risk in real-time for companies like Amazon. He’s been on the floor and in the fund world. And now, inside NetPicks, he’s built a 5-Day Income Trader for those who don’t want the chaos but do want the consistency. And today, I want to share three of the most important lessons he took from two decades in the trenches. Lesson #1: Your Mindset Will Make or Break You “You can’t get hung up on losers or mistrades. You gotta focus on the next one.” Amateurs obsess over the outcome of each individual trade. Pros know that outcome doesn’t matter, process does. If you want to trade for a living, or just to create consistent income on the side, this is the only mindset that works. Lesson #2: Volatility Is the Edge “The key to winning with options is understanding volatility. That’s the first thing they teach you on the floor.” Most traders try to guess direction, but Jay doesn’t care which way the market moves… He cares how much it’s likely to move, and whether volatility is overpriced or underpriced. Because Iron Condors are short volatility trades, your edge comes from selling expensive premium and letting the market stay in range. It’s all about precision, not prediction. Lesson #3: The Best Trades Don’t Keep You Up at Night “I don’t like trades that keep you up at night. I’ve done that. Life is already stressful as it is. I want trades that are calculated and built for peace of mind.” Jay walked away from the floor because he knew there was a better way. One that didn’t involve chaos. That’s what he built inside 5 Day Income Trader. If you’ve been burned by hype, guesswork, or overcomplicated strategies, then this is your alternative. And today is your last chance to join before doors close. >> Click here to join 5 Day Income Trader before it’s too late To your success, Mark Soberman |
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT ADVICE. NetPicks Services are offered for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized financial advice. We are not financial advisors and cannot give personalized advice. There is a risk of loss in all trading, and you may lose some or all of your original investment. Results presented are not typical. Please review the full risk disclaimer: https://www.netpicks.com/risk-disclosure |