One of the most common questions I get asked over at Cash Master towers is:
“In your opinion, what is the best system you’ve come across?”.
This is always an impossible question to answer as it’s like asking “What is the best car?” or “What is the best school?”.
You see the effectiveness of a trading, investment, or betting strategy is entirely dependent on both the needs and aspirations of the individual and also their personal temperament. It’s not a “one size fits all” procedure at all.
If you have kids then you’ll know that choosing a “good” school isn’t just a matter of looking at Ofsted reports. More important is if the school is “right” for your child. No point sending your child to a highly academic school if he or she is of a more vocational nature… and vice versa.
And the same is true when it comes to trading and betting systems, and investments. What’s best “for you” will depend on a variety of factors including your attitude to risk, your current financial situation, your likes and dislikes, the time available to you, what type of personality you have, what you enjoy doing, what gives you satisfaction… the list goes on and on.
From my own experience, what I do now is very different from what I did ten years ago. And that’s because my goals over the years have changed. I used to spend quite a lot of time trading, looking at charts, winning some here, losing some there, learning new skills but all the time enjoying myself. No point doing it if it’s not fun.
A lot of people are suited to this way of trading and there are some great strategies that can be employed to make a decent income doing this.
For me though, I decided I preferred systems and strategies that took up very little time. I wanted to make good money, actually great money, but I wanted to do it without having to be tied to the screen, monitoring trades, moving stops etc. etc. There’s absolutely nothing wrong with doing that, and that’s what full time traders do, making a very nice income from it too. But I have different goals and have found myself spending the last few years building my portfolio of systems and strategies in such a way that together they all produce a very decent income, but without the requirement to ‘work’ at it too much.
One of the first strategies I discovered that allowed this, and still probably my all time favourite, is PIE.
This has made me a consistent income for the last eight years, returning up to 30% pa, but still only taking around 10 minutes a month to operate.
Now, I’ve talked about PIE a number of times over the years and I’ve always highlighted the fact that, because it requires so little time to operate, it’s a strategy that can be used by almost anyone. I mean if you’re an airline pilot, or a surgeon, you can’t exactly stop what you’re doing to move a stop loss on a trade you have running. But you can still trade with PIE (and there are airline pilots and surgeons using this strategy!).
And this is why it fits in with my portfolio… it takes little time but produces great returns.
But something I have perhaps neglected to mention over the years is that PIE can also be used by those looking for a bit more ‘action’. And yes, the more you trade, the more you can make. It came to my attention recently that there are people trading PIE making up to 6% a month! Others are regularly pulling in five figure monthly returns and they are doing it consistently and, more importantly, safely.
You see, PIE doesn’t work like most other trading systems. Usually with trading you use various indicators on charts to try to predict which way the market is likely to go and you are, essentially, betting that it’ll go the way you think. Often you’ll get it wrong but as long as you use good money management so that the losses are small but the wins are big, then you make a good profit. But with PIE you don’t need to take a view on which way the market might go. It makes no difference. With PIE you trade in time dated contracts… and time only ever goes one way!
“But wait… I’ve heard options trading is very risky?”
The way people normally trade options is indeed very risky. It can seem like a license to print money if you don’t understand how the Delta works (this is all covered in the strategy) and many people have come unstuck, especially in big market moves like black swan events where the market crashes.
Also, most people tend to trade options on margin, meaning they are risking more than they actually have, and this is something you don’t do with PIE.
The beauty of PIE is that the expectation of big market moves happening at some point is already factored into it. In fact we actually profit more from big moves.
You see at the point where ‘normal’ option traders are opening trades, we’re already getting out. No stress, no margin calls, just money in the bank.
The strategy was developed by Glynn Calvert, who traded the American markets for over 35 years before enjoying a retirement of relaxation, holidays and golf. It was precisely because he wanted to enjoy this lifestyle that he developed PIE, and he’s been using it ever since to fund it. He no longer watches the screens all day. He’s too busy on the golf course (or in the 19th hole) to be bothered with any of that.
But occasionally he takes time off from travelling the world and playing golf to teach people this strategy. He’s been teaching this with his good friend, Paul Bent, to a small group of people, generally around four times a year in small, intimate, one day workshops in London or South Yorkshire.
With normally only eight to ten people in the room, it’s a perfect learning environment as students feel relaxed and able to ask questions whenever they like. After learning the strategy they get hands on experience actually placing trades into the market there and then.
But that’s not all. After the workshop they get lifetime mentoring from Glynn and Paul. They can contact them whenever they like, either by e-mail or directly over the telephone, and they receive full ongoing support for as long as they need it. Some clients still call years after learning the strategy to discuss variations in the strategy, perhaps to trade more often, or even to trade less often!
In fact, you don’t even need to have been on the workshop to speak to Glynn or Paul. They are more than happy to speak on the telephone with anyone even thinking of taking the course. So if you’re not sure if this course is right for you then the best thing to do is give them a ring, or e-mail them and ask them to call you back, and ask any questions you like. They won’t even let you go on the course unless they are absolutely certain you’ll be able to make money from it.
Can’t make it to London or South Yorkshire? No problem. The course materials are available to download instantly, as a home study course. And anyone that purchases the home study course is welcome to attend a future workshop (for free of course) whenever it suits them. Plus they receive exactly the same support and mentoring as if they had already attended.
And not only that, Glynn has always felt that this strategy is so good, it should be available to pass down from generation to generation. Whilst you need to sign a strict non-disclosure agreement to be able to learn this strategy (after all they do need to protect their intellectual copyright), they are more than happy for you to pass on the knowledge to your children, or your grandchildren, so that your whole family will always have an income no matter what happens in the future.
Glynn and Paul are running a workshop in South Yorkshire on 18th April, and this is one of only three workshops there will be this year so if this is of interest to you, give them a call today.