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I don't need to work; I do this because I love it. It's like nothing else in the world.
I've been in the markets for more than 35 years.
I've worked in the pits as a market-maker. By 1982, I was running my own hedge fund, right from my very own seat on the Chicago Board Options Exchange; I helped develop the VIX "Fear Gauge" there, too.
I've spent years as an insider on high-volume trading desks at top American and British banks and brokerages.
Over my career, I developed proprietary trading strategies to help my clients – famous actors, directors, producers, Chicago and New York banking players – amass fortunes, just like the one I built for myself.
There is one thing I've NEVER done, though: follow the herd.
I've got zero time for mainstream analysts, pundits, or television stock-pickers. Sure, they might get lucky once in a while – even a busted clock is right twice a day – but they'll never, ever be able to do what I do every day.
Many of them don't have the experience; I was working on my third and fourth million before most of these guys took their first bite of solid food.
But mostly, they don't have the guts to go after the REALLY big plays; they don't have the vision to see how putting down a little speculative capital could net serious profits.
Well, that's what we're going to do today.
We're looking at a move no one else has the guts to make, today of all days. We're likely going to be laughing all the way to the bank when the herd realizes what it's missed out on…
About the Author
Shah Gilani boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When options on the Standard & Poor's 100 began trading on March 11, 1983, Shah worked in "the pit" as a market maker.
He helped develop what has become known as the Volatility Index (VIX) - to this day one of the most widely used indicators worldwide. After leaving Chicago to run the futures and options division of the British banking giant Lloyd's TSB, Shah moved up to Roosevelt & Cross Inc., an old-line New York boutique firm. There he originated and ran a packaged fixed-income trading desk, and established that company's "listed" and OTC trading desks.
Shah founded a second hedge fund in 1999, which he ran until 2003.
Shah's vast network of contacts includes the biggest players on Wall Street and in international finance. These contacts give him the real story - when others only get what the investment banks want them to see.
Today, as editor of 10X Trader, Shah presents his legion of subscribers with the chance to earn ten times their money on trade after trade.
Shah is also the proud founding editor of The Money Zone, where after eight years of development and 11 years of backtesting he has found the edge over stocks, giving his members the opportunity to rake in potential double, triple, or even quadruple-digit profits weekly with just a few quick steps.
Shah is a frequent guest on CNBC, Forbes, and Marketwatch, and you can catch him every week on Fox Business's "Varney & Co."
He also writes our most talked-about publication, Wall Street Insights & Indictments, where he reveals how Wall Street's high-stakes game is really played.
Im already in the trade. Im 1 of the shareholders that voted down the merger, we'd get pennies for our shares. Hmmm seems like were getting there. Rite aid was/is trading 4 less than sears, -you know cause amazon is going to takeover the world. So I sold more Jan 1 puts 2 double down. Baby needs a new pair of shoessss