Don't Do Something, Sit There

Sometimes it's better to do nothing and be patient when it comes to options trading.
Don't Do Something, Sit There
Kirk Du Plessis
Apr 19, 2021

There is rarely a time when you need to act quickly to consistently make money. Don't feel like you need to quit your day job just to watch your stocks. The majority of the trades we make actually require more patience in waiting for profits vs. actively adjusting/hedging/changing your position. This is because, as premium sellers, we need to let the probabilities work themselves out of many occurrences. In this video, we'll show you a simple way to add trades mechanically each week that you could just let go all the way to expiration and still end up profitable at the end of the year without any adjusting or hedging.

No tags found.
Next lesson
Account Size Adjustments
Not all trading accounts should be allocated exactly the same. There are trade size adjustments you need to make based on your chosen strategy, number of trades, account size, and more.

Trade smarter with automation