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$106,000 Trading Lesson Learned The Hard… way

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http://www.netpicks.com/tjlivewebinar - See Our Trading Systems In Action

Do you understand your risk on every option position that you put on

Are you comfortable with the worst possible outcome if the absolute worst scenario happens?

These are important questions to ask yourself on a regular basis.

In our Options Fast Track training room we talk about maximum risk on every trade to make sure traders are very clear about that could happen if the worst case scenario does play out.

Unfortunately as I was looking at my Twitter feed earlier in the week, I stumbled across a story that covered an awful mistake made by an Arizona stock trader who didn’t ask himself the above questions about understanding risk and is now paying for that mistake in a big way.

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