Thank you to Dan for teaching and explaining the positive results trading in options can add to your portfolio. Dan did not just show the mechanics and jargon of option trading, but explained and taught the reason a particular option trade should be made or should not be made. He explained where to look for volatility and then when to avoid or take advantage of high or low volatility. It was not a matter of “do this and then do that,” but rather teachings that led to the occasional “AH-HA” moment.
By taking advantage of working from home and having some extra time without travel time, I was able to review his lessons and practice with my brokerage Practice Account. Needless to say, I moved to my real account in baby steps and was amply rewarded.
Dan also helps explain the normal human emotional aspects of investing and trading. I am in the process of learning to control the basic investing instincts that lead to so-so or negative results.
I was surprised to see what high percentage results can be obtained with small dollar amounts while learning. Although I have had to tamper down my FOMO (Fear of Missing Out), I anticipate great times ahead as I learn to further control my emotions, increase the amount of working money, and discover more opportunity.
As Dan says, the market is like a baseball game. Just as there is a strategy for every pitch depending on who’s on first or how many outs or how many strikes there are or what inning it is, there is a strategy to take advantage of the “herd” in the market.
I look forward to additional “AH-HA” moments that I am sure will occur from Dan’s classes.
-- David T