Earlier this week, we staged a one-of-a-kind live event with our trading expert, Jim Fink.

We called it the Velocity Profits Summit.

I hope you were able to check it out because Jim’s event was full of useful information that investors can’t get anywhere else. More importantly, it showed our readers how, if they’re willing to step beyond their comfort zone just a little bit and learn something new, the results can be quite powerful.

For those who missed this event, however, I have good news…

For a limited time, you can access a rebroadcast of the event. More details on that in just a minute…

But first, it’s been a while since we’ve heard from Jim directly on these pages, so I reached out to talk more about his background and how his system works…

First of all, Jim, it’s been a little while since we’ve talked – can you give our readers a little bit about your background? Last time, you told us you were “hopelessly overeducated”…

Yes, that’s right. I grew up in Massachusetts, and both of my parents were teachers. As you can imagine, education was very important in our family. I earned a Bachelor of Arts (B.A.) in History from Yale, a Master’s from Harvard’s Kennedy School of Government, an M.B.A. from the University of Virginia, and finally a law degree from Columbia. I’m also a Chartered Financial Analyst (CFA).

You’ve had a long and distinguished career. Can you remember the first trade you ever made?

Absolutely. My first trade was 50 shares of Data Terminal Systems, a manufacturer of cash registers. In the Value Line Investment Survey, the stock had the lowest possible ratings for both timeliness and safety. Despite these ratings, I was enamored by the appreciation potential of the stock, which was listed as 300% to 500%. I promptly lost 75% of my investment as the stock continued to plummet thanks to continued operating losses and a debt crisis/restructuring.

What did you learn from that experience?

The lesson learned, which I have never forgotten, is that it is much more important to focus on what a company currently possesses in terms of earnings power and balance sheet, rather than speculate on what a company may transform itself into in the future based on a best-case scenario. The old adage “A bird in the hand is worth two in the bush” remains very relevant today in the investment world. Guarding against what could wrong is much more important than focusing on what could go right.

I have it on good authority that you got to hear legendary investor Paul Tudor Jones speak at one of your classes at UVA. What, if anything, did you learn from him that stuck with you in your trading career?

Well, Paul Tudor Jones is a UVA grad who loved to come back to the “Grounds” almost every year and share his investment knowledge with UVA students. During one of my equity valuation classes, he was a guest lecturer. It was a great opportunity to learn from a legendary hedge-fund manager.

The first thing he did was draw an upward sloping line from the left to right on the blackboard and ask the class whether this chart was a buy or a sell. Most students, being taught to “buy low and sell high,” answered that the chart was a sell. Tudor Jones shook his head and said the chart was an obvious buy and that you never want to fight a strong trend.

Now, in your recent event, you talk about your Velocity Profit Multiplier system. And without giving it away, it has something to do with options. What would you say to regular investors who might cringe a little when they hear the word “options”?

Look, I get it. But the truth is, a lot of the crooks on Wall Street want you to be scared of options. They don’t want to spend the time and money to train their people how to do what I do. It’s a lot easier to just have you pour massive amounts of money into a buy-and-hold approach. Because it sets the stage for them charging you astronomical fees.

I’m extremely sensitive to risk. I get it. In fact, if there’s one thing my long-time readers will tell you… It’s that while I really like making money, I hate losing it even more.

As Warren Buffett says: “Rule No. 1 is don’t lose money. Rule No. 2 is don’t forget Rule No. 1.”

Most regular investors think options are complicated, a fast way to lose money, and that the odds are against you.

But none of this is true. At least not the way I trade options.

And the interesting thing is that you can learn this lesson by studying gaming probabilities in Vegas. It’s actually one of the best ways to think about trading options successfully – but not in the way you might think. As any good professional gambler will tell you, minimizing losses is more important than maximizing gains.

That’s why I focus on high-probability trades. I designed my system to make options trades more affordable, more predictable, and best of all, more profitable. But we’re not talking about small gains, though. Thanks to a special “twist” to our strategy, we can have the best of both worlds: massive upside with limited risk.

I want our readers to have the chance to check out the rebroadcast of your event, but what else should they know about your system before checking it out?

I’ll just say this… This system is the culmination of over 20 years of testing and analysis. It represents my life’s work, frankly, and I’m proud of the results we have had with it.

The kinds of gains we’ve made have been amazing, but I think what makes me the happiest is that we’ve been able to do it all without booking a single loss. Again, I know how much it stings to lose money – and I hate it too, just like our readers.

The other thing is that I’ve made enough money with Velocity Profit Multiplier to retire decades ago. I walked away from the rat race at 37. I have enough to travel the world, provide my family with anything they could ever need or want, and live the rest of my life in comfort.

I don’t say all of this to brag, but just to say that I’ve achieved what I want with life. So at this point, I do what I do because I enjoy it. My goal is simply to help other people build their own fortunes. And I’m convinced that when you consider what most regular folks are up against, they’re going to need a lot more than “buy and hold” to get what they need.

That’s all we have for today. I’d like to thank Jim for joining me. As I mentioned earlier, you can catch a replay of Jim’s Velocity Profits Summit – but only if you act fast…

Go here to check it out now.