1 Simple Way To Get Better As An Options Trader Right Now
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– ETF Watchlist –
Knowing when to trade and what to buy is almost as important as knowing when not to and what not to buy. As I always tell my students and have said repeatedly in these publications, our job as traders isn’t to make money so much as it is to keep it. That is why we look for trades based on highest probability rather than a certainty.
We can expect to win and make money, but that is not always the case. So, instead, we need to not put our money at higher a risk than we have to. It is all a part of the idea that we cannot eliminate risk, we just have to be comfortable with it.
Which is why we do not have an ETF on watch today. If there is no trade, then you don’t have to trade. Not only does this help you build discipline as a trader, but it also helps your preserve your capital. Live to trade another day. The market will still be open tomorrow and you’ll have another day to find a win.
Many traders trade like they’re not going to be able to tomorrow. If you’re trading like that, you might not be able to trade tomorrow for having blown another account. This is why many traders fail. They don’t like boring trading. Good, consistent trade is exciting in its own right, but is by no means should it get your heart racing.
You should have such a system that trades come naturally to your through your patience and discipline with the market. Then, during times like these where risk reward for your strategy might not work, you can take time to hone your ability and get better as a trader.
If you’re looking to get better as an options trader then you need to read more about this offer. When you join my Smart Trades trading service today to see exactly how my students and I trade these types of scenarios! Smart Trades is where I teach my students how I trade options on some of the largest ETFs on the exchange. As you learn, you’ll get exclusive access to all my trades with notifications any time one is put on. Now, you can learn how many use this high-income skill to achieve financial freedom. Join today and as always…
