I have met hundreds of traders since 2008 when I begun my options trading education courses. Most of them were frustrated because of consistent losses and not being able to profit in the marketplace. There are couple of reasons behind all the unsuccessful traders but I think the biggest one is they always tried to pick the right market direction AND the right timing which is the most difficult in trading. As of me I have tried to find the most esoteric indicators such as Gann ideas and tried to pick the right timing and directions for years. Yes I have been also very unsuccessful for years in the very early years of my trading career. At one point in my life I stopped and zoomed out a bit and saw myself from a different perspective.
I needed to realize that I should stop what is not working. So at that point I stopped directional trading completely. I started mastering nondirectional trading strategies and found it to be the right path for me. Since then I have been growing my trading account very consistently. Without much effort I can profit around 5% monthly and only trade 4-5 positions in a month. I know that many of you have heard about nondirectional and income strategies already but have you been able to implement what you have learnt so far?
There is a big difference between learning something and being able to apply it successfully. This is why most traders fail!
In my nondirectional strategies videos I am explaining why there is only 33% directional probability if you are trading always the market directions. You will be much better of if you master the art of nondirectional trading. It takes time and discipline, but you can do it for sure. The best feeling is that I never worry if the market opens up or down 1-2% because I am neutral.
Options are the worst instruments to trade directionally if you can’t pick the exact market timing and direction because time will go against you all the time. That is why most rookie options traders fail this game because they can’t think beyond buying calls and puts.
In my blog I am going to teach you why and how to trade options and be nondirectional along the way. If you trade nondirectional strategies you will have 66% directional probability which gives you a definite edge in the market.
In the meantime think about the following facts and let me know your thoughts in the comments below:
- Why is it that most traders fail this game?
- Why is it that most option traders lose money and never figure out how to trade successfully?
- Why is it that you are still searching for some kind of solution to being profitable?
http://www.optionsrules.com/blog/446-why-do-most-people-lose-with-options
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