Ever since I started trading, I tried every possible options strategy to find the one that works. I started Day Trading like pretty much everybody, and while I made good money on some days, I lost everything I made in 1 month in a single day- Yes,in a single day! I was furious with myself, but realized that human emotions take over and no matter how hard I tried I just could not build consistency.
So after years of trial and error, and loosing LOTS of money, I realized that if you want to win consistently- you have to be the CASINO and not the PLAYER! So at that point I started researching and discovered that as a Seller of Options, I can be the Casino.
Does it require a lot of capital? Yes, it does. But, it's safe and it's consistent. I can trade calmly now, at my pace, without getting too emotional and making FOMO trades.
Not only that, I get PAID to buy my favorite stock at a discount and if the trade goes against me, I can ROLL it up or down to protect myself. Isn't that awesome?
Last but not least, as an options seller THETA is on your side. Every day that passes, your put options loses value and you keep getting closer to keeping your full PREMIUM. Compare that to being a buyer of options, where THETA eats away at your trade every day its open.
All in all, selling puts is not a "HOME RUN" strategy. You collect small, repeatable premiums and over time build a consistent foundation for yourself!
Ready to start? Check out my latest video below that shows you my exact thought process with Real Trades I made, to make safe and consistent income selling put options.
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Until next time...
Gautam
(Your Financial Freedom Coach)
