Run Time: 99 minutes.
"What to Look For" Strategies for Success with Larry McMillan
"I was right - but I'm still losing money." Sound familiar?Frustrations abound in the options arena. Learning what to expect, and how to react, are the real keys to option trading success. Now, renowned author and "Trader's Hall of Famer" Larry McMillan showsyou how to avoid the 5 most common - and costly -mistakes option traders make.
Benefit from the guidance of this options guru, as he highlightsthe 5 major problem areas traders frequently fall victim to.McMillan shows you what to do in typical tough spots - and how toavoid them in the future.
Master his methods for:
Using put-call ratios as a critical timing toolPicking the right option for your trading style &goalsDeciding how many dollars to riskDetermining the correct number of options to buyCreating a scenario for covered call writing playNot a "how to trade" course - this presentation is a "whatto do" playbook, as McMillan focuses on fresh methods and tacticsyou need to make every trading move a winner, including:
Recognizing the classic "disaster pattern" in covered callwritingHow the underlying "Delta" impacts your trading strategiesUnderstanding - and using - "what if" analysisContrarian thinking: How to avoid running with the crowdFinding -and profiting from - cheap optionsWith its comprehensive online companion this video is mustviewing for any investor looking to move beyond the realm ofoptions theory - into the world of option profits.