Sometimes you have to lose everything to be able to gain everything...
This is my story for those of you that have not heard it...
Black Monday 1987
I woke up that morning convinced I was bulletproof.
By lunch, my head was in the trash can because I was sick to my stomach.
By the time I pulled into my driveway coming home that night, I was as broke as a '55 Chevy.
The date was October 19, 1987. Black Monday.
You've all heard of it, even if very few traders around today were around back then (what can I say, I've got a lot of experience.)
From that day on, I was determined never to let the first hour of the market ruin my day, my year, my life like that again.
So I devised a trade setup, one that I use every single day.
Other traders call the first hour in the markets "amateur hour."
I felt like an amateur on Black Monday. But I was determined never to do that again.
This trade is my solution.
I've turned the volatility of "amateur hour" into profitable trades with this simple setup.
Thank you,
Tom Busby
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