Most people click buy because the chart looked right.
That's it. The chart looks good. The direction feels obvious. Click.
No filter. No structure. No sixty-second scan of the five things that can kill a trade before it ever has a chance to work.
I've been teaching options since my days as Chief Derivatives Instructor at thinkorswim. The number-one conversation I had with struggling traders wasn't about strategy. It was some version of: "I did everything right. Why did I lose?"
There's almost always an answer. And it almost always maps to one of five checks that take under a minute to run.
I put those five into a free report — The 60-Second Checklist That Stops a Bad Options Trade Before You Ever Click "Buy."
Get the free 60-Second Checklist
One check covers the daily cost bleeding out of your position whether the stock moves in your direction or not. Another covers why stop-loss orders can fail quietly on the exact day you need them. Another covers the sizing calculation that decides whether a loss is a scratch or a disaster.
Five checks. Sixty seconds. Normally $29.97. Free today.
— Don Kaufman
Former Chief Derivatives Instructor, thinkorswim | Director, Trader Group, TD Ameritrade
P.S. The fifth check is the one most beginners skip. It's a five-second question. The traders who ask it tend to still be around two years later. The ones who don't — a lot of them aren't. Pick it up here.
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