{"id":45742,"date":"2017-05-22T17:00:31","date_gmt":"2017-05-22T21:00:31","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=45742"},"modified":"2023-06-08T10:31:36","modified_gmt":"2023-06-08T14:31:36","slug":"traders-telling-me-one-good-trade-is-helping-their-options-trading","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading","title":{"rendered":"Traders Rave About &#8220;One Good Trade&#8221;: How It Transformed Their Options Trading"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-45743\" src=\"http:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2017\/05\/Faldepix.jpg\" alt=\"\" width=\"600\" height=\"574\" srcset=\"\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2017\/05\/Faldepix.jpg 760w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2017\/05\/Faldepix-300x287.jpg 300w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2017\/05\/Faldepix-610x584.jpg 610w, \/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2017\/05\/Faldepix-100x96.jpg 100w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p>One of the great rewards from writing <em>One Good Trade<\/em> are the positive unintended consequences. \u00a0One of those is how much the book has helped traders other than equities day traders. \u00a0Let me offer two examples.<\/p>\n<p>Today at lunch, I sat with an income options trader, who shared his trading breakthrough was reading <em>One Good Trade<\/em>. \u00a0 This trader had never applied the principles of <em>One Good Trade<\/em> to his income options trading, started to, and then found trading success. \u00a0The largest reason was because the trader had protected trades not working in the past. \u00a0Trader added to a losing position because this was best for the original trade.<\/p>\n<p>But after reading <em>One Good Trade<\/em> the trader started to think differently.<\/p>\n<p>Trader started asking whether his add to a losing position was in of itself a good trade- One Good Trade. \u00a0He started recognizing his adds to losing trades often could not honestly be called One Good Trade. \u00a0And so he made adjustments to his trading. \u00a0Trader started cutting losers and eliminating adding to losers.<\/p>\n<p>This change profoundly improved his results.<\/p>\n<p>Tomorrow Alex Porcaro from the SMB Options Desk, powered by Kershner Trading Group, will discuss how he applies the concepts of the One Good Trade philosophy to his professional options trading. \u00a0I will be a panelist, as well, during his lecture.<\/p>\n<p>I never anticipated prior to writing <em>One Good Trade<\/em>, that one day I would sit as a webinar panelist as one of our firm&#8217;s options trader lectures the trading community on how <i>this book<\/i>\u00a0helped his trading.<\/p>\n<p>*no relevant positions<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the great rewards from writing One Good Trade are the positive unintended consequences. \u00a0One of those is how much the book has helped traders other than equities day traders. \u00a0Let me offer two examples. Today at lunch, I sat with an income options trader, who shared his trading breakthrough was reading One Good Trade. \u00a0 This trader had &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":45743,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4676,5410,4674,5411,1801,1354,1349],"class_list":["post-45742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-comments-2","tag-day-trading","tag-income-options-traders","tag-one-good-trade","tag-options-desk","tag-options-tribe","tag-trading-coach","tag-trading-mentor"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Options Trading Success with One Good Trade | SMB Training<\/title>\n<meta name=\"description\" content=\"Learn how one good trade can make all the difference in options trading. SMB Training shares the secrets of successful traders.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Options Trading Success with One Good Trade | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Learn how one good trade can make all the difference in options trading. SMB Training shares the secrets of successful traders.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-22T21:00:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-08T14:31:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2017\/05\/Faldepix.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"760\" \/>\n\t<meta property=\"og:image:height\" content=\"727\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Traders Rave About &#8220;One Good Trade&#8221;: How It Transformed Their Options Trading\",\"datePublished\":\"2017-05-22T21:00:31+00:00\",\"dateModified\":\"2023-06-08T14:31:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading\"},\"wordCount\":275,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2017\/05\/Faldepix.jpg\",\"keywords\":[\"day trading\",\"income options traders\",\"One Good Trade\",\"options desk\",\"options tribe\",\"trading coach\",\"trading mentor\"],\"articleSection\":[\"General Comments\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading\",\"name\":\"Options Trading Success with One Good Trade | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/traders-telling-me-one-good-trade-is-helping-their-options-trading#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2017\/05\/Faldepix.jpg\",\"datePublished\":\"2017-05-22T21:00:31+00:00\",\"dateModified\":\"2023-06-08T14:31:36+00:00\",\"description\":\"Learn how one good trade can make all the difference in options trading. 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