Listen "90% Win Rate by Trading Credit Spreads with Tony Pawlak, Ep #106"
Episode Synopsis
Send us a textTony Pawlak’s story will either move you to tears or make you question your life’s purpose. He quit his job to trade full-time and failed miserably. I mean, he was losing money hand over fist, until the day he discovered a credit spread video by Real Life Trading. He now makes 8-10% on his entire account EVERY WEEK, by trading less than an hour a day!!! He typically day-trades options, specifically credit spreads with incredible protection techniques to minimize his losses. In this episode of How To Trade It, Casey talks with Tony about his 90% win rate…and that’s BEFORE hedging. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[01:05] What drove Tony to Options trading[10:43] Digging out of a deep, deep hole[13:56] Viewing Trading as a skill[14:47] The Credit Spread Strategy[18:05] Learning how much time Tony spends trading [20:10] The goal of Credit Spreads[22:35] A drawback to trading Credit Spreads[24:06] Hedges of protection[25:15] Understanding the S-Curve[27:43] Timeline to masteryIn the beginningTony was basically tired of working 60-80 hours a week, so he quit his job and decided to trade full-time, with no plan B. Unfortunately, he had a bit too much confidence in himself, his knowledge wasn’t up to par, his account size was too small, and he was just plain dumb when it came to the markets. He was chasing the dream and made huge mistakes that cost him a ton of money. He was losing it faster than he was making it. He took out loan after loan. He lost everything he had, then lost everything that he didn’t have too. It was a complete nightmare from the beginning. But…HE NEVER QUIT.Trading is a SkillYou don’t have to be special; you don’t have to be a genius…you just have to learn the skill. Tony had assumed that since he had been successful in his life outside of trading that it would just automatically carry over into his trading. No so! It wasn’t until he lost everything that he finally decided it was time to do something differently. HFor Busy Professionals with $50,000+ in your trading account. Freedom Income Options Group Coaching will help you replace your paycheck in just one hour a week. With a proven system targeting 1% weekly returns, you’ll learn to generate consistent income, protect your downside, and buy back your time. Apply today to secure your spot Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.Support the show📈 If you have 50k or more and want Freedom: Join My Group Coaching https://reports.freedomincomeoptions.com/application-funnel Join the Transformation Course Now: Replace Your Income With Freedom Income Options 🔗 Explore all my tools, trade alerts, and social links: 👉 https://linktr.ee/caseystubbs Casey Stubbs Freedom Income Options Replace Your Paycheck, Reclaim Your Freedom.
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