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