I talk to traders daily who get scared and exit perfectly good trades just because of their unrealized P/L dips.

“I want to put something out that requires your undivided attention.”​

I’ve written a lot about the overly risky trader, but if you’re too conservative, here are some ways to get yourself in the game and start cashing in.

I don’t like giving my broker and the stop-hunting algos anything to work with. Showing them your point of max pain is like tipping your hand at a game of high-stakes poker. It’s just not advisable.

Without logging your trades, calculating your win rates and profit factors, and identifying trading errors, YOU WILL NEVER ACHIEVE success in the market.

“You’re a trader.”

“So you know just how fast options can reprice.”

Loosely defined it’s anything that gives you a higher probability of winning than losing on your trades. Sometimes it’s referred to as a “positive expectancy system.” That’s a mouthful – so I prefer edge.

Retail traders don’t create market waves, but we can ride those created by institutional traders. We just have to have a proven system based on statistical probability.