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How to Trade – Probability Based Style
Probability-Based Trading is very simple to execute. I am constantly challenged by fellow traders about its' simplicity. "If it is this easy to execute, how can it possibly work". They find it impossible to believe that I don't use charts, indicators,...
Making Sense of Probability and Odds in Options Trading
My challenge with many of my coaching clients is to explain to them how probability and odds work in the favor of the premium seller in the world of options trading. Wouldn’t you prefer to be the insurance company or the casino? In this example I will use the...
Just released on Kindle: Business Leader Success
Business Leader Success!: An Introduction To Elite Business Leaders! Volume 1 Business Leader Success is a Multi Author book that features various ELITE business leaders talking about business and money, business life, ethics, mentoring and coaching, health and other...
Selling Option Premium. Be the Casino or the Insurance Company
The vast majority of my trading strategies involve the selling of option premium. I repeatedly said that I have discovered probability based trading to be the “secret” to consistent, successful, trading business. Most options, something like 80%, expire worthless. Why...
Size does matter – in options trading that is!
The most significant change that I undertook in my trading as I strived to be the consistently successful trader I am today is reducing my size. We all know that size matters. In trading it is small size that matters. One of the most devastating financial periods in...
