Kim Reilly - Ultimate Trading Solutions

Kim Reilly - Ultimate Trading Solutions [19 avi, 21 pdf, 1 xls]

English | Size: 918.42 MB
Category:Stock

Kim Reilly is believed by many to be one of Australia’s foremost options super-traders. His most notable trade was in April 2003 when he netted $3.9 million profit on AMP put options. This of course, was more the exception than the rule, but people always love to tell us about “the day they caught the big one”. From an option trading perspective though, the positive part is that according to his promoters, he has a very high successful strike rate.
Kim Reilly believes that 91 percent of trading success is about psychology. I wasn’t sure about this when I first heard it, but I have learned from personal experience that in the end, the decision to trade with real money at the right time all comes back to what’s going on inside your head, so there seems to be some truth in this. You can know all the rules, but doing it in a completely relaxed manner, like you’re just playing a game and don’t care, is another matter. When real money is on the table, it can affect your decision making ability.

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