Skip to main content

A Prince who’s Legacy Reignn’s forever in Faith & Justice

Well if that is not a cryptic title...lol!

My father came up with this saying some years ago and it incorporated 3 very important drivers in my life. It originally was “A Prince who’s Legacy Reignn’s Forever. Since that time we’ve added “in Faith & Justice.” 

If your not picking up what I am dropping these are the names of my children. I am married with 5 children and my kids (not excluding my wife because she is the backbone) are my reasons WHY I want to become a successful stock/options trader and investor.

We all must have a WHY to succeed in any endeavor we do. You WHY is what will push you to go the extra mile in studying  another hour of the market. Read an additional 10 pages of your book of the month. Save & invest the 10-20-30 percent from your paycheck to fund your future. I just so happen to have 5 of them in addition to wanted the best for my wife (Krystal). 


My oldest and only son is Prince...he is my Pride. The 1st born of the Williams family legacy...like literally since I had 4 girls in a row he’s the only person who can continue the family name at this point. He’s sharp and a little too smart for his own good. Wants to be a pastry chef, at least at this point in his life, and it is my obligation to teach him this skill set needed to be successful in that profession. It’s tough because my expectations are really high for him, so it reminds me that if I want him to live up to a certain standard then I must emulate that behavior. 


My eldest daughter is Legacy...she is my Joy. I wanted a girl as my first child, God sure did humble me by showing me he will bless me according to His will, not mine. Needless to say I am glad this is how it happened. She is my “ride or die”, my “Ace Boon Coon”, my “Got Your 6”, my Joy. This one is a handful, but she picks things up so smoothly...as I listen to business and finance podcast she is paying attention. This is my entrepreneur child and she sure does put the pressure on me to succeed in life so I can give her all the game. 


 My third child is Reignn...she is my Love. Oh my gosh...I love this girl so much I just want to keep her wrapped up in bubble rap so she never gets hurt. And the toughest part is that she is the one that gets hurt the most from her own self-inflicted wounds. She is also the most difficult. I think it is the middle child/daughter syndrome. Yet, she is the sweetest little girl. I owe her the best things in life because I need to make sure she always comes back to me even when she is married and gone. I know that’s super selfish but whatever. 





 My third daughter is Faith...she is my Heart. It’s interesting how Faith has my heart, yet Reignn has my love. And that’s how I knew there was a real separation of the two. Faith spoke to my heart as I held her as a baby and she has that special place that no one else does. She knows what’s in there and that is my giving spirit because she can get anything from this sucker just with her smile. I am afraid of what she will ask for as the wealth will begin to flow in more abundantly. However, she is the best giver and equal opportunist of all my kids, so far. She reminds me it is surely better to give than received. 


 My 5th child and youngest daughter is Justice...she is my Mind. This girl has me thinking on a whole different stratosphere right now. At the time of writing this she is only two months old, but I have had mental breakthroughs like never before since she has been born. Of course, 2020 has been a tough year for most people, but this is a trying time particularly for our family and we are going through the fire. So when she was born I felt like she was saying to me “get it together and make this happen.” What is “this” you may ask, that is consistently profitable options and stock trading.  


Ladies & Gentleman...what is your reason why? What is your reason for trading? Who are you doing this for? When you reach your goal who will be the beneficiary of your success?

Thank you for allowing me to share my reasons with you. My goal is for them to be able to independently trade and investor so they never have to build someone else's dream, but rather their own. 

Think, Live, & Be Unstoppable!
The Emotional Trader

Comments

Popular posts from this blog

Backtesting Visa ($V) Rolling 4s Long Term Options Strateg

  Long Term Visa ($V) (Rolling 4s) Play April 2017 – September 2020   Back again with another breakdown of some back testing I did on Visa ($V) with a LEAP option. LEAP options are 1-2 year plays using the Excel pricing sheet created by Mark Monroe to select the strike price.  This back test starts in April 2017.    I selected Visa because for this back test since I have been watching it recently. As we are going to a cashless society most transactions in the world are done with a debit/credit card. The biggest players in that space are Visa and Mastercard. So the companies are not going anywhere.   Check out my video commentary on Youtube:  Visa Rolling 4s Back Test Part 1- https://youtu.be/g8OyUKmttuU   Visa Rolling 4s Back Test Part 2 -  https://youtu.be/8gfJV5zsglE   Setup:  Bought Visa when the it bounced up off a key support/EMA (typically 20ema or 50ema) or even breakout price actions.  Looking to invest roughly $5,000 each quarter/entry. Objective was to stay in a play for a ye

Backtesting XLK (Rolling 4s Strategy)

  Long Term XLK (Rolling 4s) Play   This is a breakdown of some back testing I did on playing XLK with a LEAP option. LEAP options are 1-2 year plays using the Excel pricing sheet created by Mark Monroe to select the strike price.    Setup: Bought the EFT when the it bounced up off a key support/EMA (typically 50) and a bounce up as the EFT was up trending.    Entries: 1.       March 8, 2019 Purchased XLK Call  – Stock @ $69.95  – Expiration Jan 15, 2021  – $77 Strike @ $4.48  – 10 Contracts  – Total investment $4,480 2.       June 17, 2019 Purchased XLK Call  – Stock @ $76.25 – Expiration Jan 15, 2021  – $86 Strike @ $3.90  – 10 Contracts  – Total investments $3,900 3.       September 16, 2019 Purchased XLK Call  – Stock @ $81.05  – Expiration Jan 21, 2022  – $91 Strike @ $6.25  – 10 Contracts  – Total investment $6,250 4.       December 31, 2019 Purchased XLK Call  – Stock @ $91.40  – Expiration Jan 21, 2022  – $105 Strike @ $4.48  – 10 Contracts  – Total investment $4,480 5.       M

Backtesting NVDA (Rolling 4s Long Term Options Strategy)

  Long Term NVDA (Rolling 4s) Play September 2017 – September 2020   Back again with another breakdown of some back testing I did on playing NVDA with a LEAP option. LEAP options are 1-2 year plays using the Excel pricing sheet created by Mark Monroe to select the strike price.  This back test starts in September 2017.    This one was a bit tough for multiple reasons, but I have never followed NVDA so this is really organic going back to 2017. I tried to play this setup as if I was in real time regardless of what the price is now. And as you will see in the charts what the stock did would not have been beneficial for some plays to continue to hold.    Setup: Bought NVDA when the it bounced up off a key support/EMA (typically 20ema or 50ema) and a bounce up as the EFT was up trending.  Looking to invest roughly $10,000 or less each quarter. No rolling options…simply exiting and entering new trade.   Entries & Exits:   1.       Sept. 11, 2017 Purchased NVDA Call  Stock Price Option E