BetterTrades

When he was learning all the secrets of trading the stock market, BetterTrades founder Freddie Rick tried a lot of different stocks. He fine-tuned the strategies and recipes he developed, using himself as a guinea pig on more than one occasion. The approach enabled him to look at variety of stocks and learn to use options to generate income in the market.

In the early days Freddie took a more aggressive stance as a trader. He always felt like he needed to make a big bundle on each trade. Sometimes he was more aggressive than he probably needed to be, occasionally winning big and sometimes losing big.

"I learned that you don't have to double your money on every trade," Freddie says. "I wish I had learned that earlier."

Freddie’s favorite stocks now are those that meet the requirements of the BetterTrades trading system. These days, Freddie Rick has toned back his personal trading. He no longer feels the need to put as much of his capital at risk in volatile trades. These days he leans toward the safer approach that comes with credit spreads. He's particularly fond of using an iron condor, a neutral strategy that can pay off whether or not the stock moves in the proper direction.

For more background on Freddie Rick, read about his early life growing up in a small town. His favorite books and favorite stocks are listed to provide inspiration. Learn about Freddie's vision of financial freedom when he founded Better Trades and his business interests. His humanitarian work is also detailed and his social causes are outlined. Freddie's press coverage and his work culture are also presented.