
Episode #81: Steve Hedge on Probabilities & Options Trading Methodology
Confessions Of A Market Maker
00:00
The Importance of Understanding Probabilities
You don't have to understand some of the higher level concepts. You can make options as comp but there is some crazy mathematical theories which even I don't understand. People can't rationalize if they do that same trade a hundred times they're probably going to get wiped out, he says.
Transcript
Play full episode