How Robert Modd Became a Successful Options Trader
Robert Modd, after obtaining his business degree from Fresno State, worked his way up to run a multimillion-dollar chemical and water treatment company. He owns real estate and is successful in business — most people would have been satisfied with this.
Robert felt his money should be put to better and more productive use and started looking into all kinds of franchise opportunities and other businesses to invest in… but they all had one drawback – the financial investment was large but so was the investment of time… something he really didn’t have as a father of four.
Robert wanted more. He wanted to find a way to invest that would produce passive income for his future so that he could work as much or as little as he wanted and still live the lifestyle he desired. In this quest to build passive income, Robert began trading options over 23 years ago.
Why Robert’s story is different from that of every other “guru”
Unlike all of the other so-called gurus who will find ways to stretch the truth and tell you that they have never lost a dollar or made a bad trade,Robert Modd is always 100% honest about the hard road he traveled to gain success.
During his first 15 years of trading options, Robert blew up his account six times. After his final setback in 2008, he had to write a check for more than $12,000 to his broker to cover his losses.
Writing that check would give birth to eight years of successful trades.
Because no matter what struggles he faced, Robert never gave up. He knew that option investing was the key to a life of financial freedom.
After sending the check to his broker, Robert made a decision:He dedicated himself to learning everything there was to learn about trading options.
So after years of ‘hit or miss’ trading he started thinking about trading as a real business – buying and selling stocks and options as a ‘business’. He didn’t know if it could be done, but the idea intrigued him. He knew somebody, somewhere was making a killing in the markets and was determined to find them, learn everything they know and make a killing of his own.
He was determined to run his trading as a business, not as a gambler, and that meant looking at opportunities, supply and demand, marketplace dynamics and managing his business based on solid business fundamentals: profit, loss, expenses, overhead and return on investment.
Like any business his only concern was to buy something he could sell at a profit – and with enough of a profit margin so that his expenses (although small) were covered leaving a consistent and reliable income.
From 2008-2010 he decided to reeducating himself, and since then he has developed and tested over 198 different trading models.
He dismissed almost 154 different models because he found them to be not profitable.
Of the remaining 44 trading models he developed, he spent months and months back-testing them (also known as paper trading).
Many of them couldn’t stand up to back-testing and were eliminated.
However, Robert continued to test, refine and redevelop his trading models.
This refining led to 17 models that were promising enough to forward-test (trading using his own money). Some of these were not up to Robert’s high standards and were eliminated.
Of those 17 models, eight were successful; but Robert still wasn’t satisfied.
Robert took these eight models and tore them apart; he turned them inside out and flipped them upside down, looking for any flaws in their design. Finally, after years of testing and 190 disregarded trading models, those eight models have been developed into legitimate money-making proprietary trading systems.
After 23 years of experience, years of education, and trial and error, Robert is now ready to reveal some of his most successful trading systems to date.
Click on the product tab above to obtain what is the result of a lifetime of experience and work.
You can spend the next 20 + years trying to recreate his success, or you can take advantage of the shortcut Robert is offering today.