Monthly Income Strategies with Options: How to Turn Losers into Winners (Wiley Trading)

Monthly Income Strategies with Options: How to Turn Losers into Winners (Wiley Trading)

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In the options markets, traders will sometimes hear or use the term "adjusting your position." Often it can denote something as straightforward as offsetting a losing position. But how does one turn a loser into a winner? How does one adjust with discipline, in advance, with a plan that turns a profit from a losing situation? When trades are managed, not just put on and forgotten, Sheridan says a trader can generate as much as 100% annualized. Some may scoff, but he sees his best students doing it, grinding out 5% to150er month. Sheridan believes if he can keep a new trader in the game for six months, earning a small percentage each month, learning the craft, adjusting the trades, and keeping the enthusiasm high, he or she will make it as a successful trader in the long term. Monthly Income Strategies with Options will introduce readers to the "adjusting" strategies and techniques that have enabled thousands of Dan's students to become successful traders.