Stress-Free, Passive Trading with Allen Sama, Ep # 83

21/10/2021 48 min Episodio 83
Stress-Free, Passive Trading with Allen Sama, Ep # 83

Listen "Stress-Free, Passive Trading with Allen Sama, Ep # 83"

Episode Synopsis

Send us a textAllen Sama is the head trader, and trading coach at OptionGenius, who specializes in high probability trading.  He got his start after getting laid-off, and then he had to get serious after he lost $40k of his newlywed wife’s savings!  In this episode of How To Trade It, Allen shares how he mixes stocks and options together to maximize his profits. You don’t want to miss it!Subscribe to How To Trade ItYou’ll want to hear this episode if you are interested in…[01:48] Allen’s take on using stocks & options to create passive income[06:20] How Allen selects his stock companies[33:02] When it’s time to dump that stockCreating Passive IncomeThe secret to creating passive income isn’t about hitting “home runs”, but rather is about learning to consistently make base hits, over and over again.  This style of trading works well for Allen’s temperament, since he wants to keep his stress level as low as possible.   Selecting Companies  For Allen, selecting stocks to purchase isn’t really rocket science.  He suggests looking for big name companies that you are a customer of yourself, or companies with which you are already familiar.  If the company offers good dividends they are usually cash-flow positive, and therefore a good company to invest in.     Time To Dump That StockAs a general rule, Allen Sama buys and holds his stocks for years.  If the underlying fundamentals of a company change, that’s when it’s time to sell the shares.  Allen looks for things like: a CEO leaves or dies, employee lay-offs, cutting dividends, closing stores, or not expanding. .  Resources & People Mentionedwww.OptionGenius.comPassive Trading: How To Generate Consistent Monthly Income From The Stock Market In Just Minutes A Day by Allen Sama  www.PassiveTrading.comFor 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.

More episodes of the podcast Replace Your Income with Options