3 mistakes that blow up 90% of options traders
Been trading options for years. Here's what separates the 10% who make money from everyone else:
1. Position sizing like a gambler
Most traders put 20-50% of their account into a single trade. I never risk more than 2-5% of my account on any single position. Boring? Maybe. Profitable? Absolutely.
2. No exit plan before entry
If you don't know your exact profit target AND stop loss before you click buy, you're trading on emotion. Every alert I send has these pre-defined.
3. Chasing after a move already happened
The stock just ran 15% and NOW you want in? That's FOMO, not a strategy. The real money is made by positioning BEFORE the move.
The market rewards the prepared, not the emotional.
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