Stay informed with the latest news from the Philippines and around the world. Get updates on local and breaking news, explore odd and unique stories, read opinions and analyses, and view captivating news photos and videos.
Monday, February 7, 2022
JR's approach to options trading
Dear Trader,
The late Jim Rohn was one of the most impactful entrepreneur on the planet, and his motivational lessons are instrumental to trading success.
He once said:
"We must all suffer one of two things: the pain of discipline or the pain of regret." ~ Jim Rohn
Isn't that especially true for trading options?
Those who trade options with no rules and no plan will always suffer the pain of regret - like missing out on good trades or letting a winner turn into a loser.
On the other hand, if you put in the work and is willing to suffer through the pain of discipline, consistent life-long reward awaits you.
The most effective way to master discipline in options trading is using rule-based strategies.
Think of a rule-based strategy as a set of IF/THEN statements to find and execute high probability trades.
Because we are simply following a strict set of rules, it removes emotions from our trading all together.
If you are interested in learning a complete rule-based options strategy, join my training class this week and I’ll walk you through step-by-step how this is done.
You are currently subscribed to mymarketdigest as: edwardlorilla1986.paxforex@blogger.com. Add editor@mymarketdigest.com to your email address book to ensure delivery.
No comments:
Post a Comment