Is There a Risk Management Approach to Trading Options?

Progress. Regardless of what you are trying to accomplish in life, that’s the core goal. It is no different within the world of trading and investing. We all start out in the same exact spot: brand new and knowing nothing. From that point it’s all about making progress. This brings up the interesting and important philosophical question though: what is, “actual”, progress? No matter what you do, you’ll be making progress; however, it could be progress in the wrong direction as you build up bad habits without even realizing you are. If could be progress towards a cliff edge because you are too new to even know it’s a cliff. This is why I enjoyed our guest from the community, Sheng, so much. He’s a great example of not only what progress looks like, but “good” progress. He was kind enough to share his journey so far and talk about the ups and downs. He’s still got plenty of work to do, but from where he started to where he is now, he’s made solid progress and will continue to do so! Let’s take a look at what progress is and how you can do the same!