First, my apologies for not trading on Friday. I was climbing at Mt. Assiniboine, which in my humble opinion is the most beautiful mountain in the world. It is located in Assiniboine Provincial Park, on the British Columbia side of the Canadian Rockies. Its access is primarily limited to helidrop only, and that makes this place a diamond in the rough. Mt. Assiniboine is known as the Canadian Matterhorn, which itself is a majestic peak overlooking Zermatt, Switzerland. Part of the beauty of Mt. Assiniboine is that there have been only 3 people who have climbed it this season, compared to perhaps thousands of people who have climbed the Matterhorn already. Assiniboine Provincial Park is truly a stunning place, and I am looking forward to going there many more times in the future. There is a very nice lodge in the park that you will definitely want to stay at. It offers amazing summer and winter activities. The lodge owner toured me around the place, and I am planning to stay there in the near future. Please see the pictures below:
I could not summit the mountain due to the bad weather, but as I explained in my Forbes article on the similarity between trading and climbing, climbing is a process-oriented activity, not a result-oriented one. I thoroughly enjoyed being around the Assiniboine area, and I hope I can also climb here on the next trip. My time was certainly not wasted though, as my soul was fed. I thrive on being around these peaks!
Secondly, I would like to invite all of our lifetime members to this week’s Success Webinar by our very own Jarad:
Building An Options Trading Empire
Date: Wednesday, July 29, 2020
Time: 8:00 PM ET
Location: Webinar Room (Lifetime Members only)
In this webinar, Jarad will take a deep dive into how to incorporate Options into every aspect of your trading and investing portfolios. You can generate income on a consistent basis, profit from your day and swing trading, and fuel your investments, all while tracking your progress and building rules which will permit you to automate each section of your empire. I have learned how to cover calls from Jarad, and make consistent income from my $IWM longer term position by selling covered calls on them. This is something I owe to Jarad and the community. If you have questions you’d like answered at this webinar, please ask them in the forum here! We decided to have open questions BEFORE the webinar as well, so the presenters have some input in advance about the needs of the community.
Lastly, I really want to emphasize the importance of attending these live webinars. As always, the recording of these webinars will be available for lifetime members, but my advice to the community is to attend them “live” while they are being presented and discussed. We are moving fast with our educational content, and it is best to commit to learning while the various topics are being presented live. They literally may give you one single idea which will make you a better trader. Yesterday, I received an email from our trader Noel, who thanked me for the Moving Averages Webinar we had offered. Noel just made a quick $500 based on something learned in it!