May 8, 2019

Avoiding Trade Traps Is Crucial to a Trader’s Long-Term Success

Taking marginal trades, in general, is not a very good approach.  You are essentially flipping quarters.  All that does is cause frustration and generate commissions for your broker.
Click the video below to see how we analyzed a strong buy signal in GoDaddy (Ticker: GDDY) and yet decided not to take action from the options side.
Follow me on Twitter @MikeShorrCBOT

about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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