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This is why we are suggesting to abandon the
traditional LEAPS buying notion that one is simply going to buy LEAPS
because they think the stock is going to go up or down at some point in
time. Just think about it. How are you going to know when to cut
your losses or take your profits without letting them ride back into losses?
For
your safety and profitability we are suggesting that you find a system, a method
or a way of trading that can provide you with high probability price
action events while giving you exact entry and exit prices. you really
need entry and exit parameters and matter what style trading you are
doing. And just because you are buying more time premium options
that does not mean you will become more profitable.
In
fact, if the trend starts going against you on your LEAPS, you are simply
extending the pain as your LEAPS Position steadily diminished. And if you
are in a down trend, against your upside call LEAPS position there is a low
probability that your stock will come back for a while. And that losing
position will always be on your mind and will make you feel bad.
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why not just subscribe to a good Options Trading Picks site and let some one
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So
in your online options trading develop a plan immediately.
Consider ditching LEAPS and using a Stock trading system that produces
repeated high probability big profit events.
If
you have a $10,000 account you may want to ask yourself, "how can i turn this
$10,000 into $200,000 without losing it?" Think about
it. Try it. You'll see how you'll start using new parts of
your mind.
So
ask your self: "how many trades will it take to reach $200,000 from
$10,000?"
What
kind of trading system can get you the high enough winning percentage of
trades so it can be reliable enough to allow me to get to that number without
losing?
What
kind of position sizing would i use?
How
would I know for sure what trades are going to work for me? How do I
find those trades that will work for me?
Answer
the above questions and you are well on your way to actually getting it
done. This is the process that I used to trade $13,000 into $225,000 in
online options trading when I first got started.
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