I am going to use an example of why casinos have table limits - because they know that limiting how much people gamble is actually more profitable for them long-term. And I'll tell you why you should never be afraid of trading options once you hear this bankruptcy stat.
In Today's Show, You'll Learn About:
- Why casinos have table limits and how that relates to us as options traders and our trades.
- A 5 year case study comparing 2 traders who made the exact same trade but had completely different outcomes.
- How trading with smaller position sizes actually is more profitable long term than investing bigger chunks of cash.
- The 1 bankruptcy figure that you'll never forget (and will actually make you more confident in trading options)