Kim Reilly: Options Trading DVD Course Review

By: Peter Halpin
Kim Reilly is one of Australia's foremost options super-traders. His most notable trade was in April 2003 when he netted $1.8million profit on AMP put options. This doesn't mean it has always been an easy ride for Kim - I have heard him tell his story. From an option trading perspective though, the positive part is that he has a very high successful strike rate.
Kim Reilly believes that 90 percent of trading success is about psychology. I agree with him. In the end, the decision to trade with real money at the right time all comes back to what's going on inside your head. You can know all the rules, but doing it in a completely relaxed manner, like you're just playing a game and don't care, is another matter. When real money is on the table, it can affect your decision making ability.
Kim is a pioneer stock market presenter. In fact, many of today's educators have modelled their information on Kim Reilly's course and some even began their own education by attending one of his courses.

As such, Kim Reilly has set the standard.
Universal Trading Solutions is distributing Kim Reilly's option trading DVD course. The course consists of 20 written modules in Adobe Acrobat format, plus 8 DVD movie presentations by the man himself. You could say it's the A-Z of option trading. Once all the elements of options have been expounded, the course teaches to identify the entry signals for short term trading which is an essential feature of option trading.
The strategy is divided into two stages. The first level involves identifying weekly and daily trends from charts so that short term moves can be recognized. The second level uses a selection of "confirmation" indicators which validate these moves when they're about to occur. Combine this with your knowledge of how options work and you have a recipe for highly leveraged profit potential.
The third essential ingredient to the strategy is money management. Using the Kim Reilly strategy you can expect an average of at least 7 out of 10 successful trades, or better. It's what you do with the other 3 that can make all the difference between success and failure. Recognizing the importance of stop loss limits is vital to becoming a profitable options trader. This is part of the psychology that Kim Reilly is at pains to emphasise. It is essential to have an "abundance mentality" first, if it's abundance you want.
Kim Reilly has developed a trading system that became his own foundation for financial independence. Since then, he has educated over 50,000 people how to transform their lives. I once heard him say at a seminar, that after his million dollar trade, he gave it all away to a good cause and started over again, knowing he had the skill to get it all back again. Now wouldn't that be nice.

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