Larry Benedict is a 35-year trading veteran. Starting from the pits at the Chicago Board Options Exchange (CBOE), Larry’s skills grew until he was running a world-class $800 million hedge fund – where he regularly traded position sizes in the millions of dollars. He even went 20 years without a single losing year… putting his hedge fund in the top 1% of Barron’s rankings.
That’s because, from 1990 through 2010, Larry’s hedge fund never had a single losing year. (It wasn’t until 2011 that he had a losing year, and even then, the fund was down less than 1%.) In 2008, when the financial world was in upheaval, Larry and his partners had their best year ever, making $95 million for their clients.
Now though, Larry fully devotes himself to bringing his trading secrets to everyday investors – with actionable, profitable options plays and other top-level strategies that made him a massive success.
With options, you always need to understand any risks you’re taking on. But you don’t want to miss out...
Let’s dig into the reason investors cheered the CPI report… and why the optimism may be a mistake…
A big reason so many option traders get stuck is because they fixate solely on the price action of...
The biggest, most important concept in trading is something that’s totally lost on most new traders.
Instead of focusing on chasing big returns, I scour the market for regular, small gains. Doing so has been...
Only when I started asking the right question did I turn my trading around…
Today, let’s take a look at gold’s breakout and see if there’s room for prices to run higher.