The biggest indicator for the success of a trader in all of my years of training clerks, junior traders, senior traders, and my current students is this. Their inability or unwillingness to realize a loss and to manage their risk responsibly. Here is a very straightforward lesson on how to do that. The rest is just repetition.
Click the video below as I explain.
Over the past few years, artificial intelligence has changed the way traders approach the markets. AI-driven algorithms offer faster execution, real-time analysis, and automated trading decisions. In options trading, where precision and timing matter, AI can be a powerful tool. But does that mean human traders are no longer necessary? NOT EVEN CLOSE. While AI […]
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As a trader with decades of experience in the options market, I’ve seen firsthand how earnings season can create both incredible opportunities and serious pitfalls. When companies release their quarterly financial reports, stock prices can swing wildly, presenting traders with unique ways to profit. So how does one try and take advantage of these uncertain […]
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Options trading offers huge potential rewards—but it also comes with serious risks that can be mitigated. I’ve seen traders time and time again jump in without fully understanding the mechanics, leading to costly mistakes that wipe out their accounts overnight. President Trump’s new tariff policies are shaking up global markets, adding another layer of uncertainty […]
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Options trading offers huge potential rewards—but it also comes with serious risks that can be mitigated. I’ve seen traders time and time again jump in without fully understanding the mechanics, leading to costly mistakes that wipe out their accounts overnight. President Trump’s new tariff policies are shaking up global markets, adding another layer of uncertainty […]
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Options traders employ numerous strategies to achieve their goals in the market, and the broken-wing butterfly is a particularly useful technique to have at your disposal. This guide will explain the strategy in detail and show you how it can potentially be leveraged in various situations to take advantage of the market environment. Want My […]
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Understanding the Delta of an option is crucial for both new and seasoned traders. It’s one of five specific calculations called “Greeks,” which help measure specific factors that could influence the price of an options contract. Delta is a metric that helps you gauge how much the value of an option contract is expected to […]
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