Expert Options Trader

If an expert options trader is one who makes money consistently over time without large drawdowns then let me tell you right now:  I am no expert!  I have endured the slow, painful learning curve over the last 4+ years.  I have made money consistently most of the time but when I have fallen, I have fallen hard.  I hope these have been lessons learned that will never happen again.  I will not know, however, until the market gets wild and tests me once more.

One thing I have accomplished in my full-time trading career to date is survival.  An oft-quoted statistic is that 80% to 95% of traders end up failing.  What kind of traders these are and what time frame they’re trading varies from one citation to another.  Nevertheless, I hang my hat on the fact that I’m far away from going bust and being forced to exit the game.

I have studied hard and learned a great deal about the theoretical workings of options.  I have traded extensively for years, now, and have learned firsthand about the nature of risk through the school of hard knocks.  For my personal trading, I feel this puts me in a solid position to consistently grow my account going forward.

I will reserve the use of “expert” until I can show a track record of consistent growth and short flat times.  In the meantime, I invite you to actively read what I have to say in this blog.  Correct my mistakes.  Challenge debatable points.  Introduce new perspectives.  I have room to grow and with that, I hope we can all grow together.