Going live with real money brings realities that paper trading simply cannot replicate. In this episode, Kirk walks through the five essential things every trader should understand and consider before transitioning from paper trading to live trading.
From the limitations of paper trading to the execution challenges of real markets, we explain why strict expectations, conservative assumptions, and a solid understanding of liquidity are crucial.
Kirk also breaks down how to prepare for in-the-money positions, why orders don’t always become fills, and why keeping your Option Alpha and brokerage accounts aligned is so important. Plus, an important reminder that the hardest part of live trading is sticking to your strategy when emotions flare.
See the full show notes here
