5 Options Trading Myths - Trader Travis 2012 Performance Review

http://www.opfnews.com in this video I dismiss a few option trading myths and also give a brief summary of my trading performance for 2012. A simple, easy to understand, step-by-step, and FREE way to learn options trading: http://www.learn-stock-options-trading.com Also, be sure to check out our channel: http://www.youtube.com/user/optionstradingmentor

Comments

1. I don't put limits on profit.
2. Travis. In this video while your stop loss was 2% of your portfolio what was your gain %. Or in other words what kind of profit you look in each trade ? Thanks in advance.
3. They are taking huge risks... Travis is building wealth over time... Assuming he maintains 30% his $12,000 will turn into 2 Million in 20 years... Not to mention gains from other accounts and other sources of income...
4. My problem is i stay in the market all year. How do you stay out??
5. Sorry for the late response, for some reason I missed this. Legally I can't steer you towards a broker, but I always say pick one and move on. You can always change later once you have more experience.
6. ha ha no offense...I'm not sure if you watched those people trade those accounts live, but if they did what you said yes it was doing risky trades. I could do it too, but I have a wife and kids who wouldn't appreciate me doing it. I don't believe in rushing success and I know building wealth is a marathon.
7. One thing that does not make sense to me is the returns. Some people I have seen turn $500 into 25k in 5 months trading PennyStocks. And some I have even seen some people generate $4k from a single options trade with the same amount of capitol you post here. Of course they may be taking risky trades but stop losses can help there. Why only so little for you on the year? Please don't take offense to this question. I'm just investigating and doing some research. Thanks!
8. Trader Travis..amazing videos! I've learned so much from your tutoring, well I know it's just the tip of the iceberg to options trading but wow, you're the man! One question I had, What's the best broker or bank to set an account up with to trade? Currently with TD Waterhouse and they charge at least $45 commission each trade! Do I have better options? Thanks again and keep the videos coming :) PS. Also signed up for MarketClub as you suggested..THUMBS UP FOR THAT SUGGESTION! AWESOME SITE!
9. ah very true! Yes i went out and made a bank account yesterday just to start saving aha, Your videos have really inspired me :)
10. Only to my students as it won't make sense to anyone else. Sorry!
11. I haven't used a stop in a few years, but definitely entry and exits is dependent on the stock, your strategy, the market, your trade plan...essentially there is no cookie cutter answer.
12. Well great job and as long as you keep practicing and saving up your money then you should have a huge head start. And by the time you can invest your success may come quicker than most :)
13. Thanks Travis Great Video! Sadly all i can do is learn till im 18, cannot find a broker that will let a 16 year old option trade :(
14. Question: if you speculate in trading long and short calls and put options, do you place stop loss..? and how do you define your entries and exits..?
15. Very good video !
16. Really enjoyed your video and analysis of 2011 trades. Is the tracking worksheet that you use available?