46 min listen
82: [Case Study] How We Cut The Loss On This Bear Call Credit Spread By 37%
82: [Case Study] How We Cut The Loss On This Bear Call Credit Spread By 37%
ratings:
Length:
21 minutes
Released:
Feb 6, 2017
Format:
Podcast episode
Description
Show notes: http://optionalpha.com/show82 We can't control the stock market - yet many of you try to will or hope stocks to move up or down as needed for your position to make money. Eventually, you'll come to realize that it's an impossible dream and the harsh reality of transiting from novice to professional investor requires a more consistent and systematic approach. The question then becomes, "What can I control?" and "How can I adjust or hedge a position that moves against me?" In today's show, we'll look at one of our recent bear call credit spread trades in which we still lost money, but was able to cut the loss by 37% making some simple trade adjustments. Yes, you heard me right, we're going to do yet another case study on the lessons learned from an options trade that overall, net-net lost money. Unlike many other traders who are afraid to show you losing trades, I'm completely open to them because I know it offers an excellent opportunity to learn and grow from my experience.
Released:
Feb 6, 2017
Format:
Podcast episode
Titles in the series (100)
OAP 025 : Interview w/ John Carter: Balancing Trades & Financing Strategies for More Consistent Winners: In this session of The Option Alpha Podcast I have the great pleasure of interviewing long-time trader and industry veteran John Carter - founder of SimplerOptions.com. One of the many benefits of doing this... by The Option Alpha Podcast