Gain Consistency in Options Trading

Learn how you can shift your trading psychology to gain consistency in your trading. Join us in this very important lesson on shifting your view on wins and losses to position yourself for success in the long run.
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#tradingpsychology #consistenttrading #optionstradingconfidence

[@dawn2788]

I can tell you from 20 years of experience, Tony is giving articulate, honest advice. Tony, even as a young guy, has been on TV for many years, talking about Options Trading. Tony is 5 stars.

[@vytautasvaicys8745]

I would rate Tony as 11. He does state he has 15 years of experience...

[@OptionsPlay]

That means a lot, thank you!

[@trff5746]

@@OptionsPlay hey you need to delete fake version of u called optionsplay admin, also you have alot of scam comments about crypto trading geting xyz $ in 2weeks

[@harrisonjamie794]

We are already in a big crash Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

[@MarcelPhilips]

Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as MARTHA ALONSO HARA who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.

[@harrisonjamie794]

@@MarcelPhilips I want to build a diversified portfolio based on my personal income. I am easily triggered/highly emotional, which could be detrimental to my portfolio. I hope I am a patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. I know my strengths that's why I need proper guidance to be able to venture

[@MarcelPhilips]

@@harrisonjamie794 I have saved myself from all the hassle that chaotic market causes. These days the best way to come into the market space is by reading, studying, being patient, and seeking guidance when necessary, due to my line of work I can’t handle my portfolio so I just copy the trades of my FA. I saw her on Bloomberg business news. It’s been smooth since then.

[@harrisonjamie794]

@@MarcelPhilips how can I reach this person because I am in need of a better investment approach?

[@MarcelPhilips]

@@harrisonjamie794 Surf the web for her info it's easier to get on her webpage.

[@landsavage]

Thanks for your wisdom and consistency Tony. You are the best teacher I have found. Seriously, thank you for sharing your learnings.

[@OptionsPlay]

I appreciate that!

[@ocholicious]

Incredibly well said and presented. Thanks for putting the time and effort into recording this video.

[@OptionsPlay]

Thanks for watching!

[@rgentile12]

Finite vs Infinite Game ... key to understand this to get ahold of your emotions around trading , tremendous info as always

[@torsnewbie249]

Thank you Tony for this video. Every Options Trader should review this video regards RISK MANAGEMENT.

[@OptionsPlay]

Thanks for your support!

[@1309gsk]

great show on psychology of option trading. thx Tony. i watch your o=OA show every Friday. keep it up. Have a nice week n stay safe .

[@OptionsPlay]

I really appreciate you watching! Thanks!

[@rosalinacilani5106]

Another excellent video, as usual, thanks !!!🙏🙏🙏🙏🙏🙏🙏🙏🙏 I've become SO much more profitable in this infinate game ever since I cancelled all the noise from the "Big" traders out there, and decided to follow JUST YOU instead. Simple teachings = best rewards.

[@OptionsPlay]

Glad to hear you have been liking the videos!

[@censorshipagainstthemiddle6198]

I appreciate your teachings, structure, and rules. Consider me a student of your market philosophy. Thank you for your insights.

[@OptionsPlay]

Thank you for your support!

[@censorshipagainstthemiddle6198]

@@OptionsPlay how many days a week do you do the broad market analysis in the paid subscription?

[@tamarshacowell7857]

Hi Tony thank you for this content great teacher. I am learning how to read charts, risk management, buyer and seller zone and so forth. I do have a sim account and would like to put this to practice but where do I go from here to truly begin to practice thanks.

[@MrAgatto2]

excellent ... sorry i missed part of this live

[@alexpoon9048]

Hi Tony, for credit spread if we don't have 45 DTE, can we choose 30 or 60 DTE, which one is better? Thanks

[@EngineerHarris]

Excellent presentation!

[@OptionsPlay]

Thank you!

[@get_downed_boi6270]

you guys help me stay sane during this meme stock mania.... i sometimes wanna go draw triangles and technical analysis on my charts and gamble my whole account on meme stocks hahahaa. but i don't , i continue to risk 1-2 percent of my portfolio. thanks for the knowledge!

[@OptionsPlay]

My pleasure!

[@jinalshah6903]

Superb video.. can’t thank you enough

[@OptionsPlay]

Thank you for watching!

[@alanahmadian2785]

Amazing points!

[@OptionsPlay]

Thanks!

[@MJ-zb4lv]

When you buy the dip and it keeps dipping. Unfortunate to say that I've had my fair share of those. Great content here

[@richardhole5301]

Good comment. Me too. It is a hard one.

[@vikeirishman]

@@richardhole5301 VIKINGS FOOTBALL YEEE HAW

[@kylestearns7416]

Thanks Tony

[@OptionsPlay]

Of course!

[@elvd7437]

My biggest problem has been stop losses. I limit my option trades to buying calls and puts and sometimes vertical spreads. I will be interested to learn few more option strategies if such strategies would give me more winners. In stop losses, I use stop limit, and stop at market. Stop at market is like giving the broker a blank check to your trading account. Bad executions all the time and stop limit will rarely execute even if your stop loss price has been met and exceeded, yet my losses continues. Can you help show me the right stop losses to use in option trades?

[@owenjennings8575]

Very good information. Do you still work directly with clients? I would be interested.

[@anilgoel1475]

I find the 2% rule quite interesting and would like play with it. Does it change pending your Delta? If you are deep OTM, I.e. Delta of 10, how critical is it to stick to the 2%? How about Delta of 5? Stocks like AMZN, TSLA have valid spreads quite a ways OTM.

[@rohittrivedi8544]

Yes

[@proman144]

How do you measure max risk on CSP for the 2% rule? In theory is the total value of the stock but we know it would not be realistic in most stocks, indices or ETFs...

[@Narcissist86]

For undefined risk like CSP, you can estimate a loss scenario by choosing a large price movement against you - for example, 2 or 3 standard deviation move.

[@teretere9094]

Excellent

[@OptionsPlay]

Thanks!

[@tomconley6163]

Thanks for the valuable insights into successful risk management!

[@OptionsPlay]

You're welcome!

[@locksleymcnab3924]

3

[@locksleymcnab3924]

5

[@DropoutEngineerNotes]

POP high, RRR less🙌

[@locksleymcnab3924]

6

[@rohittrivedi8544]

1

[@a_velis]

1:54 The slide meant to say Friday - June 25th.

[@super9_55]

Unfortunately, the only way to fully understand and relate to this video is to first have a big loss. It's very hard to "wisdom" it into someone who hasn't gone through a sharp draw down.

[@milleranalytics]

You keep saying that it's not the strategy, but poor risk management that causes a blow up...but isn't risk management baked into every strategy? Before I ever put on a trade, I know where I'm getting out if I'm wrong and I size my position according to that loss scenario. But I consider that part of the strategy itself, so confused by your comment. A strategy without risk mitigation is incomplete.

[@tanistramontin4261]

This should be titled how to trade like a paper hand hedgie. No gamble no future. I'm all in on AMC.

[@locksleymcnab3924]

Yes

[@locksleymcnab3924]

4

[@locksleymcnab3924]

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[@taragibbings7924]

Yes

[@pradipnair5584]

1