Bored with Buy and Hold? See Why This Engineer Is Excited About Options Trading

William Meeks

Senior Process Engineer

For most people trying to hold down a typical nine to five job, finding enough time to research, chart and monitor the movement of individual stocks can be a daunting task.

Because they lack the time, most small investors opt for a buy and hold strategy. Some buy and hold individual stocks, or they invest in index funds that can be managed with minimal time and attention.

For younger people with lots of time before they retire, this hands-off approach can work well. Historically, the U.S. stock market has proven to be an excellent long-term investment.

On the other hand, some investors are looking to boost the performance of their portfolios, and they aren’t willing or don’t have the luxury of waiting decades to see significant returns.

If you belong to the group of investors who are willing to take an active role in growing their accounts, options trading can be an enriching endeavor.

Options trading requires a much more tactical approach than buy and hold, but it can give you much more flexibility when it comes to timing.

Although options can carry significant downside risk, they can also generate higher, faster returns for traders with smaller amounts of capital.

Member Profile:

William Meeks is a 54-year-old Senior Process Engineer who has spent most of his career designing ignition systems for turbine engines used on commercial and military aircraft, as well as large turbine engines used for power generation. He started investing in stocks 30 years ago but had never purchased options until he joined Total Alpha. William bought his first option for $5.00 and sold it one week later for $10.40, for a 108% gain. Needless to say, he was excited. Since that day, he continues to grow his account with successful options trades using what he’s learning from his WMM mentors.

Location:

Greenville, South Carolina

Occupation:

Senior Process Engineer

Top Programs:

Total Alpha

Top Programs

Customer Story Hub

Great success stories and testimonials deserve to be showcased in the best light possible.

Evergreen Story Content

Evergreen story content that grows your audience while converting more leads into paying customers.

CTA & Content Upgrades

Customer stories help you convert more leads into sales by showing real, verifiable proof that your solution works

How This Senior Engineer Found His True Calling

Consider the case of 54-year-old Williams Meeks, a senior process engineer who has spent most of his career designing ignition systems for turbine engines used on commercial and military aircraft.

While William has been investing in the stock market for many years, he had never traded options until he joined Jeff Bishop’s Total Alpha.

“I’ve been investing in the stock market for nearly 30 years as a buy and hold investor, but it just didn't scratch the itch I had for stock trading.”

“Trading options has been exactly what I've been looking for, and it allows me to experience that excitement and keep my day job,” he says.

We recently asked William what drove him to start trading options, and here’s what he told us, “When I heard Jeff talk about trading options with his own money and how he streams his own portfolio for his subscribers to see; I knew this was the service I wanted to invest in.”

“The online training material and live training sessions are a terrific source of information whether you're an experienced trader or a novice,” he says.

“I’ve been investing in the stock market for nearly 30 years as a buy and hold investor, but it just didn't scratch the itch I had for stock trading.”

William Meeks

Senior Process Engineer

Up $3,500 With Three Quick Options Trades

One of the biggest advantages of options trading is it can bring you sizable returns in a relatively short time. In fact, many traders have reaped impressive profits in a few days, even hours.

“I completed my first 3 trades in 8 days, and I'm already up over $3,500,” says William, “My goal is to be able to quit my day job within a year and make my money trading options from home.”

Although William knows he’s still has a lot to learn when it comes to options, he recommends that new traders take a slow, cautious approach when entering the options game.

“Start by making paper trades or taking small positions until you gain the confidence to take on larger trades, he says. “Not every trade is going to be a successful one, so start slow and work your way up to larger trades.”

“When I heard Jeff talk about trading options with his own money and how he streams his own portfolio for his subscribers to see; I knew this was the service I wanted to invest in.”

William Meeks

Senior Process Engineer

Sage Advice And Solid Training Are Essential

Because of their inherent risk, we can’t overemphasize the importance of learning how to trade options the right way.

Smart traders invest heavily in training and mentorship. This way they can learn the rules of the game, develop good habits and quickly get up to speed while minimizing costly mistakes.

For William, having access to real-time online training has been vital, “The biggest change in my life has been the confidence I've gained from attending the live training sessions and reading the online training material.”

“I had never purchased an option before joining Total Alpha and had only heard of the horror stories about people losing their life savings. Now I feel confident trading options, and I know that I can make money no matter what direction the market is going in,” added William.

“I completed my first 3 trades in 8 days, and I'm already up over $3,500, My goal is to be able to quit my day job within a year and make my money trading options from home.”

William Meeks

Senior Process Engineer

Earning a Stress-Free Living Trading From Home

Rapid advances in automation, technology and continued globalization are contributing to a growing sense of job “insecurity.” These changes are forcing more and more working professionals to search for alternative ways to earn a steady income while enjoying more autonomy and a carefree lifestyle.

William belongs to this growing group of freedom-seeking professionals. “My goal as a stock trader is to be able to leave corporate America and earn my living trading options from home.”

“For the past 30 years, I've had a love for the stock market but never realized I could actually make a living in it until I joined Total Alpha. Now I have the confidence and desire to pursue my dream and make it a reality,” he said with a smile.

William Meeks

Senior Process Engineer

Do you have a Total Alpha success story to share?