Several years ago while still working, I blew up a 25K+ account with my first foray into trading. I've been fully retired since 11/28/24 and decided a couple years ago to try again. For a year and a half I began to learn and follow an overnight vertical credit spread program using the SPX called the retirement income trade which claimed a 94-96% success rate, which turned out to be true! Upon retiring at the end of Nov. I set myself up to begin trading again. (With a much smaller account!) I actively started trading again at the beginning of Feb. To date I've had 21 trades. The 16 that were the retirement trade were 100% successful, and better yet I understood the process well enough that I was able to do 13 of them on my own. The other 5 were buying long calls 3 of which I lost money on. After trying a couple different programs I came to the conclusion that it was a very expensive and risky way to go. Then I stumbled upon your $7 add. After a little exploring I saw that you were doing vertical call programs, exactly what I wanted to do. Plus you appeared interested in providing education and guidance to members. That got me jazzed enough to jump right into the in/out spreads program. I feel like I’ve found a trading home and am looking forward to learning and growing. The retirement income trade will get me where I want to go within the next 2-3 months. Theo Trade will hopefully give me the further momentum and education so I can do some real good for my children, grandchildren, Church and community.
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At TheoTrade, we believe every trader deserves a clear path to success...and the right team behind them. That’s why we’ve built one of the largest and most supportive trading communities in the industry.
Our team is led by Don Kaufman, a recognized expert in the trading world and the former Director of Trader Education at TD Ameritrade, where he helped guide over 7 million clients. Don’s leadership, paired with our experienced trading staff, gives you access to decades of real-world insight and proven strategies.
Whether you're new to trading or looking to sharpen your skills, TheoTrade offers comprehensive education across stocks, options, futures, technical analysis, and more. Our live trading chat room is open every market day, providing real-time analysis, support, and community...so you're never trading alone.
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