Todd Rampe teaches Stock Options to newbies. His simple TSL method turns the table on the Market Reversal con-game professional traders use everyday to fool people, so you can profit.
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Wealth Builders Institute – Master trading in 60 days!
3 Value Bombs
1) Do something you like and figure out how to do it uniquely.
2) You do not need any experience to get started and grow a small trading account.
3) If you are interested in becoming a full-time day trader, do not rush it and do not complicate it. Just follow simple steps and commit to it.
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Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: How to Quit Your Job and Become a Full-Time Day Trader with Minimal Risk with Todd Rampe
[1:36] – Todd shares something he believes about becoming successful that most people disagree with.
- He believes in doing something you like and figuring out how to do it uniquely.
[3:08] – Todd believes that almost anyone can become a confident, consistent trader who can identify 3-5 low-risk, high-probability trades daily, regardless of market condition.
- You can make money by trading options if the market goes up or down.
- Figure out a way to see the intentions of professional market traders before they take action.
- Use the Triple Sync Logic Software
- Learn the method in about 60 days and be self-sufficient.
[8:15] – What are professional traders’ sneaky tactics to fool the public and profit daily?
- Market reversal is the tactic that professional traders use to profit daily.
- It is done daily in every single stock that has their attention.
- Stocks that have volume and volatility.
- There are four different patterns that give you a heads-up.
[10:57] – How can you get started and grow a small trading account without an Ivy League education or Wall Street experience?
- You do not need any experience to get started and grow a small trading account.
- Keep it simple and learn it in a way that follows smart money.
- To become a millionaire, hang around a millionaire.
- Look at other people and learn how they do it.
[16:38] – How much time do you spend on an average day trading?
- New York Stock Exchange is from 9:30 am to 4:30 pm.
- 2-3 hours a day.
- Morning is the best time. Avoid trading in the last hour.
[18:07] – A timeout to thank our sponsors!
- Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention JLD or EOFire when you sign up, and start listening now!
- HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com.
[21:40] – Why do you believe that the most complicated trading strategies are a complete waste of time and effort?
- Students get confused with overwhelming information.
[23:36] – What is the simple trading method you’ve used for 24+ years?
- Todd used The Triple Sync Logic.
- The indicators are identical on all three charts.
- It follows a three-step method to see the oscillators in a green buy zone or red sell zone.
- It has patterns that confirm that smart money is in play.
[26:20] – How can you rent stocks for less than 1% of the price of your shares, and what does it mean?
- Know the importance of leverage.
- 3 Types of trading:
-
- Day trading
- Swing trading
- Buy and hold
[30:45] – Todd’s key takeaway and call to action.
- If you are interested in becoming a full-time day trader, do not rush it and do not overcomplicate it. Just follow simple steps and commit to it.
- Wealth Builders Institute – Master trading in 60 days!
[33:39] – Thank you to our Sponsors!
- Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention JLD or EOFire when you sign up, and start listening now!
- HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com.
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
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3) Podcasters’ Paradise: The #1 podcasting community in the world!