BigTrends com 7 Essential Rules for Option Success Price Headley英文电子书.pdf

7 Essential Rules for Options Success Price Headley, CFA, CMT Founder Chief Analyst BigT www.BigT 1-800-BigTrends Top 10 Problems of Options Traders How Many Issues Do YOU Have? 1. Not Pulling the Trigger 2. Not Taking Losses Quickly 3. Letting Most of the Profits Slip Away 4. Small Profits Large Losses 5. Hurt by Adverse Market Moves 6. HyperTrading or OverTrading 7. Reacting Based on Fear Greed 8. Overconfidence 9. Psychologically Drawn Down 10. Information Overload www.BigT 1-800-BigTrends RULE #1 for Option Trading Success 1. Develop a Well-Tested TRADING PLAN Written Trading Plans should include: How you will enter How you will exit How much you invest per new trade How you will tighten stops How you will place your orders …and much more…. www.BigT 1-800-BigTrends RULE #2 for Option Trading Success 2. Become an EXPERT at one Trading Pattern This will help increase your FOCUS Know what defines a pattern’s Setup as well as its Trigger Point for Entry Exit www.BigT 1-800-BigTrends Acceleration Bands - Designed to spot momentum beginning of major moves RULE #3 for Option Trading Success 3. Eliminate EMOTIONS from your Trading Fear Greed must be banished from your trading EGO is another major issue for most traders Consider developing a Trading SYSTEM www.BigT 1-800-BigTrends In The Moneys as a Stock Substitute • Buy In the Money Options to Get Rid of Time Value = Focus on Intrinsic • Sell 100 XYZ shares @ 56.60 = $5660 • Buy 1 Aug. 60 PU