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Gumball

Members
  • Content Count

    3
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Trading Information

  • Vendor
    No
  • Favorite Markets
    Options and stocks
  1. Gumball

    New to Options

    My plan is to trade simple call and put options until I build my account to enough to learn even more complex strategies. I don't see my self moving to the next level until I'm confident at the level I am currently at.
  2. Gumball

    New to Options

    Its crazy because most of the resources that I have read and learned from never mention the use of stop losses or how to use them to protect your trade. Its the same premise as using support and resistance I assume? I think that is something that I will really dig into more. Are there any resources you could point me to help expand my knowledge?
  3. Gumball

    New to Options

    Hello everyone, First forum and new options trader for about 6 months or so. I have a question for the long term option traders. How do control your emotion and not exit a trade when it goes against you, but you know the direction you chose is the right one? I have had some winners and loser, but it seems like when I make progress forward take several sets back. I have exited trades to minimize my loses only to wait to get back into it later Any advice would be appreciated.
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