Impatience is a major enemy of beginner options traders

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In this video, Seth Freudberg details the problems of raising capital level too quickly and suggests an alternative way to structure your growth process as an options trader. After experiencing some success over a small time period, they decide that they can trade much larger without understanding the tragic ramifications of increasing your capital level too quickly.

3 steps to win as a trader

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In a previous post, I suggested this video on how to win, by Brett Ledbetter. How do we apply the lessons from this video of performance wisdom and apply it to our trading, so we improve? How does this video help us win as a trader? Consider three simple steps to improve as a trader and start winning: 1) Determine … Read More

Here is how you win as a trader

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Below is wonderful video for you to watch to help build your inner coach from Brett Ledbetter.   Take 15 minutes and watch it this weekend.  It will give you many ideas to improve as a trader. Now the subject matter in this video is sports performance.  Sports after all is a performance game.  Trading is also a performance game.  … Read More

The object in trading is to win

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I remember the interview.  I meet hundreds of trading candidates every year during our firm’s hiring process.  You remember the best ones.  He was one of the best. There was a clarity of thought. There was a focus. There was a calmness. There was speed in his processing. There was a demonstrable interest in trading. I told him on the … Read More

How to Win During Earnings Season

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Every financial quarter as traders we have our Super Bowl- Earnings Season.  These are exciting trading times! New traders chirp, “This is going to be the month I break out.” Developing traders announce,”I am not going to be a wuss during this earnings season and quintuple my profits!” Experienced traders unsatisfied with their results during earnings season declare, “I will … Read More

The Wicks Win ($WAG)

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One thing I always try and remember when running a firm is this: trading is not very easy. The margin of error can be slight between great trade and stopped out. The trade below is a spot on example. I love how this trader keeps a PlayBook and then has taken the time to ferret out A+ trades from his … Read More