Options Trading With US vs HERD

This was definitely a lot of fun for me to do. I hang out with Mogli the Iceburg and pick his brain on how he views business, multiple streams of income, and the stock market. There is definitely a lot of value here and I learned a lot from Mogli’s perspective.

Most times in the market we only think about how we can make money. When you start thinking about the ways you can lose money, that is when you will start making money.

Life is much different now than when we started 2020. Outside of the dangers, we are blessed with more than we know. We have time now to breathe and to focus on those we love. Let’s embrace this time and change the future. We don’t have to go back to the hectic and chaotic lifestyle we were living in. We have a choice right now to slow things down and focus on what’s really important.

The risks of trading options in the stock market right now are greater than ever. With that being said, so are the rewards. I wanted to highlight some important things about trading options with a small account using proper risk to reward ratios. Let’s use this time to learn and grow as traders.

Robinhood app has been down all day and people are getting really worried. Not only can they not trade but they’re stop losses and limit orders are not being filled. This is a huge issue with Robinhood and unfortunately not one that is new.

Mindset is everything. As I reflect on 2019, these are the areas I need to make improvements on. As an options trader, we need to be transparent with ourselves and those around us. Let’s continue to push to become not only better traders, but better people.

One of the hardest things in options trading is being happy with your trades. When you’re trying to balance FOMO and greed, it’s a lot harder than it seems. Being a profitable options trader is a mental struggle and being content is key.

You don’t think it’ll happen to you, but it does. Options trading is more than just numbers, it’s about you developing as a person. Options trading takes hard work and dedication. You have to persevere and put in the work in order to be successful.

Options trading is hard work and we have to be honest with ourselves and our ability to trade.

This week was a tough week. I placed trades I normally wouldn’t and broke some rules in other areas. In the end I’m down a few hundred for the week but the lessons are invaluable and will be an asset to me moving forward.

Options trading is one of the most difficult things you will attempt. Everyone fails and quits trading options at some point in your trading career. It’s up to you to push past the pain and move forward with trading options.

In this episode I interview Farris AKA @FC in Discord and YouTube. I’ve been tracking his journey for quite some time and I’ve always found his perspective interesting. This is a great episode for beginners as we cover a lot of ground on getting started and going from red to green as an options trader.

The first official US vs HERD podcast has arrived! I wanted to use this opportunity to tell my story in audio form. I’ve been through a lot over the years and this podcast touches on what has molded me into who I am today.