I've been trading options for more than 15 years. Now that I look back to my first steps, I can't believe I survived the process!! Passing from ignorance and enthusiasm to anxiety, money-loss, and frustration, options have been for me the best school I attended. As all good schools, you have to pay a lot in tuitions to learn. There is no other way, believe me.
I see a lot of gifted people here, offering setups and indicators to all of us readers of the forums. What I've learned is that even the best system (or piece of advice) will have catastrophical results in the hands of an inexperienced trader, as besides counting right, you need to tame your enthusiasm, greed, and frustration to succeed. Mental serenity is vital to your success, as you have to outperform your ego to be successful and at the same time get out of a trade gone the other way....
I see a lot of gifted people here, offering setups and indicators to all of us readers of the forums. What I've learned is that even the best system (or piece of advice) will have catastrophical results in the hands of an inexperienced trader, as besides counting right, you need to tame your enthusiasm, greed, and frustration to succeed. Mental serenity is vital to your success, as you have to outperform your ego to be successful and at the same time get out of a trade gone the other way....