New Option Trader

Anyone who trades actively had to learn at some point that losing is just part of the game.  It doesn’t mean you’re a bad trader, it’s just the way probability works.  You can’t control the market but you can control how much you lose on any single trade.  There’s absolutely no reason anyone should ever [...]

It can be tempting in a bull market to let it all ride on a single trade.  This may work out once of twice but eventually you will end up giving it all back.  Especially with the volatility swings we’ve been seeing lately, what looks like a no-brainer high probability trade can very easily turn [...]