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.
The huge difference in performance represents a fundamental change in the market…
This sector’s RSI is rallying and taking its price with it, but a sudden reversal could set us up...
This trade highlights that by watching momentum closely, we can find strong setups for profitable trades…
Let’s see if this rally looks set to build further… or will crumble like the last…
When many sectors were tanking, this sector was hitting its all-time high…
I get a lot of cues about the market just by reading the tape on the S&P 500…
We banked our profits and readied ourselves for our next trade…