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Master Income Trader Discussions

10 Responses

1. Written by Patrick
   on November 9, 2009 at 11:02 am
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   Hi, This looks really interesting .. and you are a powerful presenter. I was looking at the AMZN trade and is selling covered calls (with puts to protect) the core of your trading method?

   • Written by Pirate
     on November 10, 2009 at 1:22 pm
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     Patrick,
     What MIT is all about is getting market neutral with an edge. You correctly identified some pieces, but it’s the “edge” that makes the Ben Franklins add up. Specifically the edge of getting into certain compelling stocks and when – then using the current market cycle to dictate which options to trade.
     There are many moving pieces and a learning curve – but it can all add up to a whole new way of trading and a whole new set of freedoms…no B.S. –Preston

2. Written by Leonard
   on November 9, 2009 at 11:48 am
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   I need to apologise to you. I was really unhappy believing you are on offer of snake oil. But it has dawned on me that I may have pre-judged what you have to offer. The reason I say this? Is that I can identify with everything you said on your presentation today. I have walked the path down different routes, stocks, options on stocsk, forex systems, commodities options and they all ended a dead end for me , minus a lot of money I spent on systems, and platforms. For this reason, I have become cynical in my few of great promises of fantastic returns. But I am looking forward to what you have to offer.

   • Written by Pirate
     on November 10, 2009 at 1:24 pm
     Reply · Permalink

     Leonard,
     Apology accepted! Look, this is the path we’ve ALL been on (I’m talking about the “YOU” chart). I’m very passionate about M.I.T. because it gets you on the right path, and keeps you there (the path of making money!). Hope this finds you well, –P

3. Written by Tim Cronin
   on November 9, 2009 at 11:53 am
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   I laughed till I had tears in my eyes about the trend being my friend, until…
   Boy, did you get that right. I didn’t know you were also a comedian. And as for your offer, I could only wish every real estate and forex guru out there had such an offer; then we’d see who would be left standing.
   I’m not ready for this now, but when I am, there’s only 1 person I’m going to contact. And we both know who.

   • Written by Pirate
     on November 10, 2009 at 1:25 pm
     Reply · Permalink

     Tim,
     Thanks for the post.

4. Written by Josh
   on November 10, 2009 at 9:53 pm
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   You talked about all the things I’ve done or thought about doing. Sounds like a great opportunity, just can’t swing the membership dollars now. When I’m ready to go, I know where to find you.

5. Written by Jeanne
   on November 11, 2009 at 9:02 am
   Reply · Permalink

   I’m an MIT student. I’m also an R.N. working 12 hour daytime shifts and I’m making several thousand dollars/month doing Preston’s programs. I don’t have a lot of time (or energy!) to spend sitting in front of a computer and doing stock trades. If you follow MIT, you will make money with minimal effort.

6. Written by Bob
   on November 11, 2009 at 10:00 am
   Reply · Permalink

   Great presentation. How does one sign up for MIT?
   Thanks!

   • Written by Pirate
     on November 11, 2009 at 1:50 pm
     Reply · Permalink

     Bob,
     The registration form can be found here:
     http://www.masterincometrader.com/registration