Apply For 1-1 Coaching

Archives

Reminder: Tighten Your Option Management

Have you noticed how volatile the market is and how it seems to gap almost every session at the open? Of course you have—unless you have been stuck under a rock. This post is a reminder that option management needs to be front and center at all times, and many times risk need to be taken off the table early.

The Monty Hall Dilemma and Opening Your Mind

The Monty Hall Dilemma is a classic thought experiment that trips up even the smartest people. The same kind of faulty intuition leads traders to make bad decisions every day.

A Sweet Bear Put in TSLA

In this post, we’re walking through a bear put trade in TSLA from late February, highlighting how spotting technical setups and choosing the right expiration can create an edge.

Lessons From the Futures Pits

Spend time with a broker or pit trader from the era when all trades were executed by brokers in trading pits at exchanges and you will learn about open outcry and the information it provides. Pits were created to facilitate trade. To an untrained eye a trading pit is a ring filled with angry, aggressive people wearing badges on various colored jackets. But for a seasoned observer a trading pit reveals incredible amounts of information not available on screens or trading platforms. Professional traders monitor order flow. They use a combination of market-generated information (technicals) and fundamentals (supply/demand or earnings) to define and refine strategies.

Psychology Is Key in Options Trading

You heard it here first: Psychology is key in options trading. Actually, you probably didn’t hear it hear first, but I bet when you did you didn’t believe it right away. To be honest, neither did I. When I started out as a retail trader, I had no idea how important psychology is to successful option trading. And even though I quickly learned this lesson, it took me several years to get a handle on it.

Facebook-f Twitter Play Rss Instagram
Learn More

Options involve risk and are not suitable for all investors. Before trading options, please read Characteristics and Risks of Standardized Options (ODD) which can be obtained from your broker; by emailing investorservices@theocc.com; or from The Options Clearing Corporation, 125 S. Franklin St., Suite 1200, Chicago, IL 60606. The content on this site is intended to be educational and/or informative in nature. No statement on this site is intended to be a recommendation or solicitation to buy or sell any security or to provide trading or investment advice. Traders and investors considering options should consult a professional tax advisor as to how taxes may affect the outcome of contemplated options transactions.

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

© Copyright 2008-2025 Market Taker Mentoring, Inc. All rights reserved.