Proper risk management planning may seem too old-school for some people, but the reality is that risk management is the #1 factor for options trading success. In order to thrive in the markets, the first thing that has to be in place is your trading risk management.

In fact, research by both the CME and CBOE strongly agree that with a strong risk management plan, options trading can be more powerful than ever for portfolio growth. Why? Because it removes the biggest road block to growing your portfolio – you.

Here are 14 super easy tutorials that will help you become better at risk management.

All of us are far too familiar with losses and bad investments. But if you continue to trade the same way you have in the past you are not going to see better results unless you change something.

Profitable trades aren’t just going to show up magically overnight. What you need is a sound risk management strategy – one that focuses on trade allocation, stop losses, and hedging.

Options trading provides the most effective way to growth your portfolio because of your ability to reduce risk - which is why most savvy investors today are dumping day trading and penny stock strategies.