I have another interesting stock trading success story for you! This time it is all about a guy called Jeff Bishop. Jeff is multi-millionaire stock trader with over 20 years of experience trading a multitude of different financial instruments and markets. I have written about Jeff and others at my millionaire stock trading blog.
Jeff Bishop likes trading stocks but his forte is trading exchange traded funds (ETF’s) and option trades.The guy is a genius - literally he is a member of MENSA (This is a high IQ society that requires its members to have an IQ higher than 150). Jeff has 2 degrees in Finance from the University of Texas. Jeff lives with his wife and three children in New Hampshire.
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I first came across Jeff Bishop a few years ago when I was looking for a way to make some extra money between real estate deals. I tried out his free eBook called Option Profit Accelerator that details his options trading strategy and explains how he is able to double or even triple his money in a trade!
Not much else is known about Jeff's private life and he is not active on many social media platforms.
Jeff is also a serial entrepreneur that teaches other people how to trade stocks. He has co-founded many stock trading educational websites. He is active in some of the biggest stock trading programs in the world where he teaches his options trading strategies for a significant fee.
Jeffs option trading strategy is simple and easy to replicate. He currently teaches some of it in the free Jeff Bishop Webinar. If you want to get his options alerts and due diligence you will need to sign-up for his premium service where he shows you exactly what options to buy and he is worth listening to! He makes 100% on his options trades on a regular basis.
Personally, I find options trading way too stressful. With options you can lose 50% or more of your money in seconds. I know that people like Jeff trade them successfully but I have never really found them that interesting. I would much rather stick to some nice biotech stocks or low float momentum plays.
One day I will probably trade options with money that I don't mind losing and see where it takes me. Until then I am content to just sit on the sidelines and watch other people take the big risks buying options and potentially losing it all.
I hope everyone has a good week!