Bill Kraft, Editor

Bill Kraft is one of those individuals who has had success in his life and through fortuitous circumstances then discovered he was good at trading. His expertise is in option trading, but he has learned the ways of the market from both study and practical application.

After practicing law for more than thirty years, Bill decided his love of photography would enable him to be successful with a photo franchise. What he discovered was that the business was more about retail than photography. Then his wife passed away and he decided to search for a new career. This led him to attending trading seminars and reading books.

On an Alaskan cruise he met a woman who became his next wife. Patty and Bill have shared a great romance and a mutual love of the market and trading. Bill has now been successfully trading for six years and helps many others do the same.

Despite his self-taught financial education - or perhaps because of it - he founded a seminar company that teaches classes in trading. This came about primarily because so many of his friends sought him out for advice and it was preventing him from spending time on trading. So he figured if he charged for passing on his knowledge no one would come and it would free him up. The opposite happened and he became so successful and popular with his classes that it has grown into a fulltime endeavor with both his son and daughter helping out.

The name of the seminar company, Cutloss Inc., reflects the trading philosophy Bill adheres to. The theory is to keep your losses to a minimum and don't cut your gains. This approach has served him and many others very well.

Bill is a big fan of outdoor activities and lives in a beautiful area of Colorado that allows him to enjoy hiking, fishing, hunting, golf, photography and nature. Family is very important to him and he makes a point to spend time with them.

It is Bill's belief that people can find ways to pursue what they enjoy and also make a living at it if they approach it intelligently and are willing to apply themselves. He has found his freedom through trading. He can work as much or as little as he wants and have time to enjoy traveling and giving back to his family and community.

Good discipline in life is important to Bill. He feels that parental failure has contributed to problems in society and it is also reflected in the business world. Many traders fail because they trade emotionally and don't take responsibility for working in a disciplined fashion. Every individual needs to find what works for him or her and be dedicated. It is easy to give up, but perseverance pays off in the long run.

"Never stop learning, add information and pass it on to others." says Bill. He's discovered a wonderful thing: his passion for trading makes it a true vocation.