Does your chest ever tighten up when you’ve just entered a
trade and the market moves against you?
I know that when I first started trading, I was almost
asking for a heart-attack every time I placed a trade.
See I started off rather small time, and in the back of my
mind I was always afraid of my stop-loss orders not getting
filled.
The anxiety would get so intense at times that I wound up so
fearful that I couldn’t pull the trigger at all. Either that
or I’d get out of trades way too early and leave thousands on
the table – money that I was too scared to pick up.
I would occasionally have nightmares about margin calls or even
worse, limit moves against me and being wiped out completely.
Even though I never ran into either of those situations, it
wasn’t until I started trading options that I could truly get
over the fear of “unlimited risk”.
With options, your risk management is built-in.
You can never lose more than the cost of the option, plus you
still get to profit from the leverage when you call it right
and the market goes your way.
Now, there’s no guarantee that you’ll never lose ANY money, BUT
there are several advantages to trading options:
* your risk is limited – for you – by the very nature of options
* if the FEAR of “unlimited risk” hangs in the back of your mind
like it did for me and that’s why you struggle with pulling
the trigger AND
* if that FEAR is causing you to get out of trades too early (and
you wind up kicking yourself for it afterwards), then perhaps
addressing this fear will lower your anxiety enough for you to
follow through when the time calls for it.
* if a limit move occurs and a stop order can’t be filled, you
can have the peace of mind that your maximum risk is pre-defined
* there are no “margin calls” with options
* you can still make money in either an up or down market, no
matter which way it’s going
One of the big keys to trading successfully and consistently is to
trade within your comfort zones, or at least not going too far out
of them.
If the way you’ve been trading has you filled with fear and anxiety
on a regular basis, because of the “unlimited risk” aspect, then
perhaps you may want to consider options.
Now, of course you don’t want to just jump into options trading
without proper help on how to really take advantage of it.
The Options University is one of the recognized leaders in the
options field and this Thursday will be conducting a free webinar
which you may find very enlightening.
If anxiety and stress are two things you could do without, then
attend this webinar and see how your trading can be more profitable
and enjoyable without all the stress.
Here’s where you can register for the webinar,
http://optionsuniversitystrategist.com/iscript.php?16_A21_5
Now, you may have been hearing about this as it has been getting
great feedback, but make sure that you go through MY links!
You’ll be glad you did (see the P.S. below)
Cheers
Brian
P.S. Why go through my links? Because if you decide you want to
signup for the Strategist Program, then I have an incredible set
of bonus gifts if you go through me and I get the credit for referring
you. Check this out,