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069: John Carter – How an Aggressive Trader Thinks, Uses Options and Made $1.4M on a Single Tesla Trade

Chat With Traders

CHAPTER

How to Be a Successful Trader

I think I don't know what is worse. If you have an appetite for too much risk or if you're too conservative, and I've seen both. Too much risk opens up the door of you're going to make a lot of money and then you're just going to blow up. The biggest problem with being too fearful is that you wait as a trader, you wait for confirmation. By the time something is confirmed and all the indicators are aligned that this is a buy signal, that's usually the time that you should be taking profits.

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