In this video, Seth Freudberg discusses why it is disadvantageous for a trader to get into a mindset that he must win every trade at all costs. He must instead accept that the best trades have anticipated losing months in each year, no matter how well designed that strategy is.
Impatience is a major enemy of beginner options traders
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.
See the Hypos
Today we’re looking at creating premarket if/then statements. There’s a powerful list of benefits associated with adding this to your routine. I hope that is helpful to your own trading. Merritt Black *No relevant positions Important Disclosures
Win Percent is Overrated!
Let’s look at one of my recent trading sessions. It was a low win percent session, but the benefits of reading the tape kept me in the drivers seat the entire session.
Nothing wrong with skipping a trade
In this video Seth Freudberg discusses how low and high volatility environments can drastically change the risk/reward for options traders. He compares an iron condor trade in both low and high volatility situations to show the impact.
You don’t know what’s going to happen next
Most traders are able to find or develop solid trading plans. Ironically it is fairly rare to find a trader who actually has the discipline to follow his or her own trading plan. In this video, Seth Freudberg discusses the reasons that traders have trouble following their own trading plans and proposes a solution to keep the trader on track with his trading plan.
Trading Binary Events
In this video Seth Freudberg discusses how to trade options around binary events like US Elections, Brexit, and Fed announcements. He looks at the thought process professional traders take around these events.
The Proper Stop Loss
Bella shares two anecdotes from our desk this week of traders asking for risk bumps. Trader A asked to be bumped from 25 to 50k intraday as a stop loss. Trader B from 7,500 to 15k. In this video, Bella gives you a litmus test to determine your stop loss.