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Courtney Smith
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I have been trading for 47 years. I have read a million books on trading. I have watched a million hours of analysts and portfolio managers talk on TV. And they nearly all say the same things. Buy dips. This is perhaps one of the most constant refrains. You should buy dips. Buy stocks when they go down. They are cheaper! They are on sale! And, if they go down more, you should buy more! Your average purchase price will be lower! Dollar cost average! But I think they are really Ph.D. grads of the George Costanza School of Trading.... Continue reading
Posted Jun 26, 2018 at Traders' Library Blog
“You should never buy options, only sell them.” They then go on to explain that 70-80% of options expire worthless. They point out that professional traders, particularly options market makers, are nearly always net short options. This concept shows a stunning lack of knowledge about options! Let me explain so you don’t fall prey to it. First, their two arguments are correct. But their conclusion is wrong. It is true that the vast majority of options expire worthless. The implication is that you should therefore sell options rather than buy because the vast majority of your trades will be profitable.... Continue reading
Posted Jun 13, 2018 at Traders' Library Blog
Our exciting new Membership Program for Options University starts next week! Click here to learn more… We have three levels for you depending on your level of knowledge, interest, and/or commitment. Take our: Bachelor’s Master’s Ph.d You will gain the in-depth knowledge you need to know to master the options market. All presented in a easy to understand manner. Start with the basics and ramp up to the deep pro level. But you will also get daily advice on the market. You will get: Fundamental Options Trading Advanced Options Trading The Income Generator Wall Street Winners The first three are... Continue reading
Posted Apr 6, 2018 at Traders' Library Blog
Please go to If the video doesn't work. Continue reading
Posted Mar 24, 2018 at Traders' Library Blog
Dear Fellow Trader, The best way to keep up with what is going on is to subscribe to my twice daily trading report. Click here now for more info. Thanks! Continue reading
Posted Mar 23, 2018 at Traders' Library Blog
We have just launched a new free blog which will give you: Free education about trading options Free trade ideas Free insights into trading Free commentary about options trading Go here now to get it! Hey, you can’t beat the price! It should add a lot of money to your bank account. Check it out here! Thanks! Good trading, Courtney Smith P.S. Click here to get all the great info! Continue reading
Posted Mar 23, 2018 at Traders' Library Blog
The most important step is the first step! I’ve taught thousands and thousands of people how to make money trading. Yet a big percentage never actually trade. They take the time and spend the money to come to my class and then never do anything. This drives me nuts. I know that they will make money if they follow the Rules I teach. But they don’t. So think about it. Let’s say they would make just $10,000 per year for the rest of their life. Let’s say they live 40 more years. That’s $400,000 they will never see! And that... Continue reading
Posted Mar 22, 2018 at Traders' Library Blog
It's Tuesday. I'm sitting outside at a Starbucks in Bonofacio Global City, BGC. I'm doing my trading here using their wi-fi. I'm comfy in my chair tucked back from the street. It's lunch time and people are hustling by me. They are purposeful. Sometimes they look a little tense. But I made some money as I watched them go by. There is a beautiful warm breeze across my bare arms. Do these people see how wonderful it is? Last weekend, I was on the island of Lapu Lapu where Magellan was killed. I went to the Shangri-La resort there. I... Continue reading
Posted Feb 17, 2018 at Traders' Library Blog
Massive amounts of money have been made and lost trading Bitcoin. Isn’t it time to truly understand Bitcoin? Isn’t it time to make money from it? I’ve put together a two part video training on Bitcoin. I will: Teach you the basics of Bitcoin Answer the question: Is it money? What is the future of Bitcoin. What is the price going to do right now How to make money from Bitcoin And it’s free! Just register here. I’m going to tell you things that nobody sees. I will reveal deep insights that come from my 45 yers experience. This is... Continue reading
Posted Feb 16, 2018 at Traders' Library Blog
I started this company 10 years ago. Over those 10 years I have taught over 10,000 students! I started with my own course but quickly started working with Peak Potentials and teaching Freedom Trader Intensive. I then upgraded the content and called it Stock Success School. Now, I have taken this course that I have taught to over 10,000 people and taken it to another level. It's now called Stock Financial Freedom System. Why the change? For several reasons. First, it now truly a system. I give you clear directions on what to do. I give you the moves you... Continue reading
Posted Feb 15, 2018 at Traders' Library Blog
The Dow dropped 666 points. It this the beginning of the Crash of 2018? No! Here are two important reasons why not. There has never been a crash in a bull market ever. In history. Let me repeat: there has never been a crash in a bull market in history. Crashes occur at the END of bear markets! Crashes are the final capitulation of the bulls when they finally give up and sell. The second critical reason is that ll crashes have been preceded by a flat or negative yield curve ONE YEAR IN ADVANCE! We recently saw the difference... Continue reading
Posted Feb 5, 2018 at Traders' Library Blog
Here is a note I got from a student: "Started trading Options in Sept with $7500, was making good money in BA and LMT, so I dumped my Risk Mng, and bought 5 contracts for each. Account rocketed to $14,000, then, got my ass handed to me and fell off to $5300 !!! Haaaaa, Ouccchh, then as you advised, I put my "Pro Hat" on and started to watch my Risk Mangement like a PRO, now at $9003!!! Thanks for helping me get my mind right, appreciate you Courtney." Bob raises some great points. First, he starts to get a... Continue reading
Posted Jan 11, 2018 at Traders' Library Blog
I’ve done both and made money doing both. Here’s how I see the fight. Day traders are those that buy and sell a stock, futures, options, or forex and liquidate before the day ends. Swing traders will likely hold the position 1-5 days. Day traders will talk about how they close out all their positions at the end of the day so they don’t have any risk overnight. Swing traders will retort that they do take more risk overnight but they will also often be making money over night. Making money while they sleep! Swing traders will talk about how... Continue reading
Posted Jan 9, 2018 at Traders' Library Blog
Imagine the sun waking you up. No alarm clock! You throw back the blinds on your ocean-side condo. Another beautiful day. This is the life of a pro trader. This can be your life. Actually, the reality of nearly total freedom was disconcerting when I first did it. I had already retired twice but the third time was actually hard to do! I had been working 16 hours a day for over 20 years. All of a sudden, I had nothing to do. I was a little dizzy and unfocused. I think the same thing happens to people who retire... Continue reading
Posted Nov 11, 2017 at Traders' Library Blog
I love getting letters like this. They really are the reason I do this! Hey Courtney, You have officially blown my mind! Yesterday’s sessions of the 2-Day Income Course were eye-opening to say the least. I’ve been trading options exclusively since May. I dug myself a hole, but have steadily been filling it back in during the month of October—after becoming an OU PhD student in the middle of the summer. I thought my returns were a little insane (ie, 30% ROI in one day on October 27); but, I figured I could “probably make it” as a professional options... Continue reading
Posted Nov 8, 2017 at Traders' Library Blog
Dear fellow trader, I’ve put together a free mind map showing what you need to do to be a profitable trader. You should print it out and put next to your computer. I think it will enhance your profits! Click Here It’s free. Continue reading
Posted Nov 3, 2017 at Traders' Library Blog
I want to give you $3997 off high level training that can create a great life for you and your family and get you on track for retirement. I’ve put together a short video to explain it. Click here to view. This promotion is part of an experiment. You can view the video for free by clicking here now. Thanks! Good trading, Courtney P.S. This is an experiment so we may end it any second now! Check it out here. Continue reading
Posted Oct 31, 2017 at Traders' Library Blog
Famous gooroos are calling for a dramatic plunge in the stock market: - Andrew Smithers says, “US stocks are now about 80% overvalued.” - David Stockman: “a gigantic, horrendous storm,” is not far away. - Jim Rogers: the greatest crash of our lifetime will happen “later this year or next.” “A $68 trillion ‘Biblical’ collapse is poised to wipe out millions of Americans.” - Marc Faber says he sees a plummet of 40% or more and “it will end very badly, extremely badly.” “Investors are on the Titanic.” Stocks are about to “endure a gut wrenching drop that would rival... Continue reading
Posted Oct 31, 2017 at Traders' Library Blog
I was with a friend this morning. Bright and early. My friend was screaming at his computer. He was losing big money on a trade, over $20,000. “I can’t believe its going down! They just reported great earnings!,” he exclaimed. The price moved lower. “I’m hoping it bounces!” “Sell it,” I said calmly. “But it should bounce here!” “Get out now. Clear your mind. You can always get back in after a minute. But your will have a clear mind. Right now, your mind is blown. You have no objectivity or discipline.” I explained. he was extremely agitated and kept... Continue reading
Posted Oct 30, 2017 at Traders' Library Blog
The flippant answer is anywhere your little heart desires. Which is almost true! But let’s be a bit more realistic. First, you need to have an OK internet connection. It doesn’t have to be great but it needs to be OK. I’d say it needs to be over 1 MPS but preferably 5 mps or higher. Most broker platforms and charting packages don’t require much bandwidth to work. Heck, nearly all brokers have phone apps that you can trade on! My preference is to have the fastest speed possible but you don’t require it. Occasionally, I will go to a... Continue reading
Posted Oct 28, 2017 at Traders' Library Blog
We are pleased to announce a brand new course to help you create a first or second income in trading. It’s called 2 Day Income. I will be teaching ONLY high reliable techniques for making consistent money from the markets. You don’t need to be a millionaire to retire. You need the income of a millionaire. This course is designed to give you that income. You don’t need a lot of money to start. Perhaps $1-2000 only. So this course can help just about anyone. You can sign up by clicking here. I’ll show you how to use stocks and... Continue reading
Posted Oct 24, 2017 at Traders' Library Blog
I was doing one of my webinars and I got this question: “ I owned a call and the price of the stock went up but my option price went down! I hate options!” I get this question all the time. Here’s the problem that so many option traders do and cause pain and losing money: They don’t understand what makes options move! There are many great reasons to trade options, I gave some a couple of days ago. (You can read it here.) So I am a big fan of options. I actually like them more than stocks! So... Continue reading
Posted Sep 19, 2017 at Traders' Library Blog
I’m on a date. Attractive lady. Thai restaurant. The meal is over. Being an American Thai restaurant, they bring fortune cookies at the end. I never eat them or crack them open but the lady insisted I see what my fortune was. So I ripped open the package and cracked open the cookie. I gently pulled out the small slip of paper and spread it flat on the table. It said, “Consider gain and loss, but never be greedy and everything will be all right.” I thought that was awesome! Doesn’t that sum up trading? ------------------------- The best place to... Continue reading
Posted Aug 8, 2017 at Traders' Library Blog
Imagine the stock market plunging. You look at your brokerage account online and you get sick to your stomach watching the red number get larger. You are frozen. You hate the market going lower but you hope it will turn around soon. You’d hate to sell your positions and take a loss. You’d hate to sell your positions and then watch the market skyrocket. That would be terrible! But you don’t have to suffer at all! There are things you can do right now to protect yourself against such a problem. I’m holding a FREE webinar next Monday at 11... Continue reading
Posted Aug 4, 2017 at Traders' Library Blog
I’m looking for the stock market to drop soon. Here’s why in a nutshell: 1. Seasonally, September is the worst month and August is no prize. 2. We haven’t had a 5% correction in over a year. That is an extraordinary stat. The market normally has at least one 10% correction each year. 3. The market is complacent. Volatility is very low. People are falling asleep. Of course, that means that the market is about to become more volatile and I think the volatility will be to the downside. 4. Sentiment is very very bullish. Surveys show that market participants... Continue reading
Posted Aug 3, 2017 at Traders' Library Blog