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Alias Born 05/21/2006

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Saturday, 02/08/2014 1:13:14 PM

Saturday, February 08, 2014 1:13:14 PM

Post# of 363133
Couple of items I wanted to share with the OM board that I have learned from my OM trading experience and the successful traders here:
1) don't take excessive risk. Option are leverage vehicles and not to be treated as stocks.
2) learn from past trades but don't dwell on it.. Move on to future... Sell to early, buy too late?? Learn and move forward...
3) control your emotions. Big runnup, big loss, don't let it ALTER your next trade.. Trading bigger to make up for mistakes is a very bad idea...

Hope this helps as I am repeating these items to myself all the time :)
Great weekend to all!!

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