FAQs

Who are we?

At Hourglass Trader, we teach safe, effective, and profitable option selling strategies. With the advent of social media it's become incredibly easy to be sucked into "get rich quick" schemes from people on social media who only share their big gains. These are disingenuous and do a terrible disservice to new investors who are legitimately interested in learning. The fact of the matter is that these people may have a big trade or two, but in the long run they are playing a losing game. Seeing countless innocent investors get tricked by people like this is what led us to start our service. There are no shortcuts in the market and in the end you'll need a consistent, high-percentage strategy that helps compound smaller gains into some really nice returns. That is what we believe in and that's what we teach here. 

What strategies do we teach?

We exclusively teach option selling strategies, but have several different ways in which we can use those strategies to help us generate solid returns.

Isn't option selling dangerous?

A lot of investors are hesitant to learn option selling because they've heard stories of people blowing up their accounts through option selling. This is the result of selling what are known as naked options, which is something we NEVER do as a part of our safe, effective, and profitable option selling strategies. By avoiding this, we're able to take advantage of all of the benefits that option selling strategies provide us with while avoiding any of the big risks.

What is wrong with option buying?

When buying options, you need to be right about the timing, direction, and magnitude of a move in the stock. For example, if you purchased a call option on a stock you thought was going to go up, you could be right about the direction of the stock and still lose money. It's almost like going to Vegas to gamble because the house has a slight edge. With option selling, it's the other side of that equation. You can use option selling strategies to play a stock to move a certain direction, be wrong, and still have an opportunity to make money on the trade. It's like normal trading with a big cushion, which makes our option selling strategies a really nice value proposition.

I don't have enough free time to trade

One of the best parts about our option selling strategies are that they can be as active or as inactive as you like. I've had several weeks where I've spent less than 5 minutes actually trading. I've seen countless trading systems that require you to be glued to your screen to wait for the perfect entry and exit, which thankfully isn't necessary with our approach. You can even set trades that expire a month away and not even need to open up your brokerage account for weeks at a time. If you're looking to be a more active trader you can also do that, as we call out several trades where we are in and out in a matter of minutes or sometimes hours. The choice is yours with the strategies that we deploy.

Will this make me rich?

Let me be the first person to tell you that we are not going to help you turn $1,000 into $10,000 in a month, or even a year. If that's the type of trading you're looking for I can confidently say that we are not going to be able to help you. The types of trades required to accomplish that are incredibly low probability and are far more likely to lead to you blowing up your account.

 

If you're looking for a smart, consistent, and profitable way to invest and responsibly grow your money, that's where we can help. Our strategies revolve around targeting small, consistent, and high probability gains and letting them compound into really nice returns. So while we may not be doubling our money overnight, I can assure you that we will still be alive to trade if things move against us, and through our patient and disciplined approach we will be much better off in the long run than "investors" who claim they can help you 10x your portfolio in a year.