A lot of people say there really is nothing to day-trading options. And there really isn’t — that is, IF you have the proper background. There are some people, however, that fall to common mistakes made during trading and end up losing a lot of money because of their ignorance.
Here are some of the mistakes usually associated with day trading:
Overtrading options
You don’t need to trade options for every day during the entire time frame given to you and hold multiple positions in the market to ensure a win. Some traders have this misconception that more cards are laid out there, the greater is the chance of them winning. This is not Bingo. You can’t put it all out there, lest you stand to lose all of them at the same time.
Read more about Day Trading Options
Thursday, July 19, 2007
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