William K.
“Mr. Wilson is an excellent trading professional and teacher. I had done some options trading before, but with Mr. Wilson, I learned how to approach trading as a professional; to plan winning trades not just buy and hope. As he would say, “plan the trade and trade the plan.” He introduced me to the concept of a “measured move” and various trading strategies, such as verticals, strangles, and straddles. He showed me how to analyze the daily option statistics and use them for planning my trades.
Mr. Wilson also stressed Risk Management. He taught me to always look at the profit to loss ratio. If a trade feels good, but the ratio favors the loss, don’t do it. Always have a set entry, target, and stop price, and don’t chase price.
Lastly, Mr. Wilson introduced me to the futures market. He showed me how the principles of having a plan and managing risk carried over to this market. Because of Mr. Wilson, the future’s markets are now just another avenue for profits.
Mr. Wilson is generous with his knowledge and patience. He has shown me the way to be a more successful trader, whether with options or futures. I have greatly appreciated his guidance.”