PB Code Review
If you’re like me, you’ve researched and researched tons of information and reviews regarding the PB Code by expert options trader Ryan Coisson. And overall, you’re leaning towards jumping in but you just want more proof this is for real.
Well I’m glad you’re here because I think once you read what I have to say, you’ll be able to make that decision one way or the other.
All I ask is that you read this PB Code review in it’s entirety because I’ve been trading options now for 6 months and it’s definitely not for everyone. I’ll talk about who this is for and who this is not for in just a minute.
That’s what makes this a real review and not fake. I’ve actually learned and applied the system which Ryan teaches. So what I can promise you is that everything I share with you is from my own personal experience.
So let’s jump in…
The stock market has been around for over 200 years. And it’s safe to say it’s not going away. This is where traders buy and sell shares of companies on a public exchange. This means that ANYONE can participate in the buying and selling of these shares of stock.
There are several different styles of trading as well. Different strategies so to speak. You can buy the actual stock or an option on it. You can buy and sell quickly or hold on to it for a while. There are lots of different styles.
Ryan’s style of trading is options. Options give you the right to buy or sell at a certain price, but not the obligation. So you’re actually not buying the stock outright. This can be very beneficial for those who don’t have a lot of money, which I’ll cover here shortly.
You can also trade options in an up or down market. It doesn’t matter. As long as you’re following the trend, you can make money when stocks are going up or going down.
So what exactly is the PB Code?
If you’ve seen the webinar, you know that PB stands for The Perfect Business. And to be honest, it really is the perfect business…
- No employees
- Never going away or can never be taken from you
- You can do it from home
- Only takes a few minutes a day
- You don’t need a lot of capital to get started
- You’re in control
- No boss to tell you what to do
- Not labor intensive
- Can provide a very comfortable lifestyle
- Anyone can trade from anywhere in the world
It truly is the perfect business. Anyone can do it. And it doesn’t require large amounts of money to start.
So what’s included in Ryan’s PB Code?
– PB Code Manual – To kick things off, Ryan has created the ultimate Options manual (130 pages). This manual breaks down all the rules and system that Ryan follows when making option trades and shows how he anticipates market movement.
You’ll learn how to research and find the stocks which he’s trading. You’ll be able to see how he creates his own watchlist. You’ll see how he picks the right option chains to maximize his returns. You’ll learn all the chart patterns and indicators he uses when entering and exiting trades.
You’ll learn how he only spends 30 mins a day running this business from his laptop. This means you can trade from anywhere in the world as long as you have an internet connection.
– Done for you Watchlist – There are literally thousands of stocks which are optionable. It would take all day and then some to go through every stock chart out there. So how does one narrow down that list to just a few to watch.
There is a formula that Ryan uses to narrow down and sift through all the stocks to find the best ones. As you are learning how to do this, Ryan does all the work for you and provides you with his watchlist which is always being updated. Different stocks are being added and removed almost weekly. Get this done for you watchlist so you can immediately begin trading the best set ups.
– Case Studies – One of the best ways to learn is by shadowing someone who is an expert in that field. Shadow them long enough and soon you will be able to think, react and perform the same way they do. These case studies are powerful when you’re first learning how to trade options.
Ryan walks you step by step through very specific chart patterns which he trades over and over again, week in and week out, to give him consistent returns. By going through these chart patterns, you will soon begin to see the same patterns and set ups he sees and be able to react them the same way he does.
Ryan has gone above and beyond to provide students with actionable steps in becoming a successful options trader which is one of the reason I wrote this PB Code Review. Ryan is a phenomenal instructor who makes complicated topics easy to understand.
Ryan follows a very specific trade plan every time he trades. This trade plan allows students to follow very specific rules so they are not guessing or gambling which is what a lot of first time traders do… they guess. And by guessing, they don’t do so well and then wonder why it doesn’t work. Following this specific trade plan allows traders to react the same exact way every time, allowing them to develop consistency as a trader. And consistency is what builds wealth.
Is Option Trading For You?
Now let’s get to the good stuff…
I’m sure you’re wondering if option trading is right for you.
As I’ve traded this strategy over the past little while, let me tell who this is NOT for. Trading stocks, whether is options or not, takes a lot of patience and discipline. You could be the smartest person out there, know all the rules and patterns, but if you can’t control your emotions and follow the rules, you should not be trading.
If you’re a disciplined person and can follow the rules, then 100%, you can learn to be a good trader. Ryan is a good trader because he follows rules. Students who have done well have done so because they followed the rules. So if you can follow the rules Ryan outlines, you will do very well as a trader. The rules are there to keep you safe and allow you to develop consistency as a trader.
There are 2 big emotions you’ll need to learn to control. Those emotions are Fear and Greed. Learn to control these emotions, and you’ll do well.
Ryan does an amazing job teaching about emotions and how to control them. This is by far the hardest thing to learn as a trader.
This is also not for those who are looking for a get rich quick strategy. This takes time and patience. Too many people starting out force trades and over-trade thinking if they trade more, they will make more money. This can’t be further from the truth. The key is to be patient and wait for the best set-ups. This allows you to “stack the odds” in your favor every time you make a trade.
If you’re looking for a way to make additional money from home, only spending 30 mins a day, without breaking the bank, then Options are a great strategy. Ryan’s strategy has been proven and tested over the years and it works. I am proof that it works. It’s an amazing strategy. And again why I wrote this review for PB Code because I endorse it 100%.
You can do this even with a full time job. It doesn’t require you to be in front of your computer all day watching the market like other styles of trading. You simply research the night before, make a list of the top stocks to watch, wait for market to open and determine wether or not to get into the trade. Depending on the trade, it could take 2-6 weeks before you exit. Again, just follow the rules.
So if you not happy doing what you’re doing, or you don’t have the lifestyle you want or simply just want to make some extra money on the side, it’s obvious you’ve got to make some changes in your life, or nothing will ever change.
Almost every other business I know of requires a lot of extra time and capital to get started. This is why I love this business. It truly is the perfect business model and can give you the freedom to finally break free of the rat race.
Here is a link to get started.