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17min chapter
26 - Building Conviction by Identifying the Bag Holder
The Trade Busters
Exploring Conviction in Trading and the Role of the 'Bag Holder'
The chapter delves into the significance of establishing confidence in trading by recognizing the 'bag holder' and comprehending the market's inner workings. It explains the interconnectedness between options and stock markets, discussing the impact of options trading on equities through examples such as selling puts, market maker actions, and delta hedging.
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