Bottom line we have established reasonably with few people willing to share that making money in options is a tough windy road and those who know well can make lots of money. Sooner or later you will be exposed to losses, key is to minimize them, and preserve your trading capital for another day.
An income generation approach plays well in the long run, rather trying to score home runs with breakouts, FDA approvals, earnings and other newsy events that plague a trading day/
Making a safe 5-10% return on any account size keeps you in the black as a business. Play and act like Hedgefunds and Institutional money managers and long term players. Use a cool head and a rested perspective, sleep well and get up early in the morning and take your profits.
I have said enough, time to move on from this thread.
Good Luck ,
Day
An income generation approach plays well in the long run, rather trying to score home runs with breakouts, FDA approvals, earnings and other newsy events that plague a trading day/
Making a safe 5-10% return on any account size keeps you in the black as a business. Play and act like Hedgefunds and Institutional money managers and long term players. Use a cool head and a rested perspective, sleep well and get up early in the morning and take your profits.
I have said enough, time to move on from this thread.
Good Luck ,
Day