091: Craig Scott – Trading Fundamentals, Sentiment and Events, and Why Conviction Matters
Chat With Traders
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The Importance of Conviction in Options Trading
When price action doesn't support your views or your outlook, what do you do? And that's a great question. You really need to decide whether you were just wrong, and you know, hubris will kill you. So the beauty with options is it's not just a buyer's sell decision. There are other things you can implement in the options market that allow you to stay in a trade but will protect you to the downside while also allowing you to participate in the upside.
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