OptionsANIMAL founder Greg Jensen joins us from Lehi, Utah for this Traders Unscripted interview video. Options are often thought of as advanced trading instruments for short term trading and feared by many investors. However, Greg's approach is to help the common investor use options in conjunction with their stock investments and "adjust trades" into winning trades. Greg believes the average investor, the guy down the street, the small business owner, or doctor who's too busy to day trade, can have great success and grow their wealth without having to be great stock pickers and market timers.
Greg's conviction comes from his own experience, having started investing in college 15 years ago, made a fortune in the 90's tech boom, then turned around and lost a phenomenal amount of money. He had to learn a lot of painful lessons and lost $800,000 before he figured out his methods of adjusting trades to turn bad trades into winners. Greg recalls having bought JDSU stock at the end of the tech boom for about $120, held JDSU all the way down to $20, and didn't lose any money because of his constant options adjustments around his JDSU stock. (charts used in this video courtesy of tradeMONSTER)
In the next 2 videos, Greg and I also discussed why he built OptionsANIMAL and his thoughts on his book "Spread Trading." Look for these episodes in the next few days on OptionsANIMAL's marketHEIST brand page.
- heistLAB: The Idea Behind OptionsANIMAL with founder Greg Jensen
- heistLAB: Book Insights with "Spread Trading" author Greg Jensen
About Greg Jensen
Founder and Chief Trainer of Options Animal, Greg Jensen, is an options investor, speaker, and author. His book, "Spread Trading - An Introduction to Trading Options in Nine Simple Steps," like his live education, focuses on trade adjustments and turning losing trades into winners. Greg has trained thousands of people to be successful in any market condition.
He is a Registered Investment Advisor and is actively managing private investment accounts. He has written a long list of investment publications and has worked with Jon "Dr. J" Najarian (CNBC's Fast Money), Forbes Inc, Trade Monster, Active Trader Magazine, Reuters, and other like publications and similar companies.