![]() This started my love affair with options trading, and like all new chefs who buy a shiny knife, it didn’t take long before I cut my hands. Until I realized how much I was leaving on the table or how much more profitable and less risky my portfolio could be with options. Stay objective while you are learning and paper-trading is the best way to do it.īefore I met Nishant, the stock market for me consisted of a very simple strategy – buy a stock and hold it for eternity, It didn’t matter what price it traded at, it didn’t matter what day I bought it at. Putting real money into trading brings emotions with it and emotions cause people to make mistakes. We highly recommend that you paper trade to learn the system.Use a trade alert to simply put a stock on your radar for doing further research to see if it suits your account size and risk tolerance.In fact, we have many members in Australia, Singapore, Japan and China who are always sleeping during our trading hours and see the trades on the next day, but are still able to take advantage of them. ![]() In fact, this is the reason why I tell all our members to take their time, try to rationalize it yourself, or wait for a day and see how it plays out. So you will notice that after putting on a trade the stock could continue to go against me for 7-10 days. My general mindset is to go against any kind of knee jerk reaction whether it is to the upside or the downside while keeping the dominant long term trend in mind.
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