Every trader faces losing trades. The difference between successful traders and struggling traders is not whether they experience losses, but how they respond when a position moves against them.
For us, we don't actually defend losing positions. We build a losing position into our plan so that we don't have to defend them.
This makes trading much easier as your emotions won't be able to pull at you to make a foolish or unwise decision.
There are traders that don't believe in this system, and that's fine, but its something we've been doing for several years and it works for us.
So, check out the episode and let us know what you think. Do you think it's more appropriate to defend a losing trade, or just build it into the plan before making the trade to begin with?
For more on options trading, check us out at:
www.optionswealthacademy.com
Learn how to trade options with no difficult charts, complicated strategies and financial jargon that requires an MBA.
At the Options Wealth Academy, we teach you two simple, yet powerful strategies.
One is for income, the other for growth.
Start your journey today at www.optionswealthacademy.com
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