My Job

I have obligations to each member. I must

• Provide an atmosphere where learning is an enjoyable experience
• Be certain that you understand: all aspects of risk management are important. When trading, you may choose to ignore
  risk management, but in my opinion, that places your trading future in peril
• Provide sufficient detail that you understand the lessons
• Get members to understand that making trades by rote is not the path to success. Each new trade should be based on the belief that this specific trade has merit
• Teach patience
• Encourage you to believe the truth: Using a paper-trading account for practice is a valuable experience
• Be certain each member discovers how quickly profits can appear and disappear for any trade
• Teach you to accept the fact that all trades cannot be winners
• Be certain you grasp the significance of trading outside your comfort zone
• Convince you that preventing large losses is far more important to your longevity as a trader than earning profits
• Recognize that options are not the best vehicle for day trading
• Emphasize that everything said at Options for Rookies Premium is not gospel
• Emphasize that thinking for yourself is far more rewarding than copying the style of another trader
• Teach that trading involves plenty of art and is not all science
• Encourage questions. This is your membership. If you have doubts; if something seems wrong – even when you don’t quite know why, please raise the question for discussion
• Explain that there is seldom a ‘best’ answer to a trade problem. Many times alternative solutions are viable

Your job is to

• Suggest topics for blog posts, courses, or spontaneous seminars
• Ask questions
• Leave comments
• Feel free to disagree with anything, even when you do not offer an alternative
• Dialog with other members
• Have fun while you learn
• Attend live events or suggest a better time to hold those events

Welcome to Options for Rookies Premium