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119: Choosing Your Profits and Losses

119: Choosing Your Profits and Losses

FromStock Market Options Trading


119: Choosing Your Profits and Losses

FromStock Market Options Trading

ratings:
Length:
17 minutes
Released:
Jun 14, 2024
Format:
Podcast episode

Description

When researching a new trading strategy, its important to not only look at things like total profit and win rate, but its just as important to look at the P/L curve of the strategy to determine if its something you'll actually be able to trade. In this episode, we'll discuss some of the nuances that the P/L curve can give you as opposed to just profits, wins, and losses. Here's the link to System #3 mentioned in the episode to get some context around the P/L curve that was discussed:Click Here: https://www.stockmarketoptionstrading.net/posts/58404617Want to connect with myself? Find me on LinkedIn:Eric O'Rourke: https://www.linkedin.com/in/jericorourke/After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next. There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind. Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income. Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs. Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.
Released:
Jun 14, 2024
Format:
Podcast episode

Titles in the series (100)

Join our trading community over at https://www.stockmarketoptionstrading.net to improve your stock and options trading skills. Check out the SMOT YouTube channel for quantitative options strategies and education here: https://www.youtube.com/stockmarketoptionstrading For the SPX Premium Blog and Alerts, head over to Patreon here: https://www.patreon.com/VerticalSpreadOptionsTrading Free SPY Options Trading Course: https://www.stockmarketoptionstrading.net/all-courses The "Insurance Trade" Free Credit Spread Email Course: https://vid.us/naaizq