I thought I'd post a bit today about how I got started with the Planet Wealth trading room. It actually all started when my husband stumbled across the 21st Century Academy's website. Their package was too expensive for us at the time... but we noticed in a lot of their testimonials that there was reference to the Dimitri Strategy. At first (when I got started) The Dimitri Strategy referred to a method of selling put spreads in a bull market as a form of generating income. Andrew Dimitri uses fundamental analysis to recommend a put spread - and places his recommendation in the Planet Wealth forum - part of the Planet Wealth Trading Diary.
As of 2008 - the Dimitri Strategy has been vastly expanded and now includes about 8 (from memory) ebooks covering various investment strategies. These were created when the bull market ended early 2008 and selling put spreads started to result in losses to many members of the PLanet Wealth trading Diary. Thankfully, we had all been taught excellent money management by Andrew Dimitri and Bill Stacy - and so most of us are still in the game.
With these additional strategies came an interest in trading puts and calls on their own (i.e. just buying a put or buying a call - not selling spreads) and some of us dabbled in option strangles and straddles. Before long, there was a demand for more knowledge in how to trade options - we needed a system.
And in walks Johnny Howell! I'm sure it wasn't that quick and easy from Planet Wealth's point of view. But for the trading diary members, he has been a godsend.
Johnny teaches us in-depth technical analysis - chart analysis - and we're all on the road to becoming full time professional options traders.
So that's a long story made short!
If you're looking for an options trading course - forget books and DVDs. There is nothing like trading live with a pro trader by your side.
7 years ago
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