1.5 - 5 Ethos for Options Trading
It’s important to establish boundaries and rules for yourself when doing options trading. In this video, Justin shares his five personal ethos or rules, which he’ll reference continually throughout this program.
In this video…
:32 - Don’t lose money.
1:37 - Don’t get greedy.
4:57 - Respect the volatility.
8:09 - When in trouble, be proactive.
12:06 - Trade to live.
Review:
Options trading is very risky but also offers some lucrative profits. Therefore, it’s important to establish some boundaries so as to protect yourself from mismanaging risks and being overly optimistic and aggressive. Trade to Live is all about helping teach a conservative and potentially lucrative approach to options trading through risk mitigation.
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