Why ~99% of Traders LOSE Money (And Why YOU Do Too)

Most traders lose money. And... most have only themselves to blame.

They try to hit home runs and earn 300% a year.

As a result, they lose money.

Day trading, forex trading, penny stocks, etc.

They will leave you broke.

You have two choices:

1) Learn how to SELL option premium and earn ~40% a year

2) Lose money

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Become a student of BestStockStrategy and maximize your options trading profits, reduce your risk while and save yourself time by avoiding mistakes.

We provide the absolute best strategy and education so that you can optimize your success and become consistently profitable.

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✔️ **NEW** Podcast:

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BestStockStrategy provides the best way to be a profitable options trader in the stock market.

You will receive the best Options Trading financial education and live options trade alerts.

You'll learn the best options trading strategy that Tastytrade and Option Alpha don't teach.

You can become successful in stock trading and learn how to make money by trading stock options.

Learn how to invest in the stock market, option market and how to make consistent profits in the financial markets.

We teach our students how to become successful and profitable investors and traders.

Please subscribe, comment, like & share this video.

🛑 David Jaffee & BestStockStrategy are NOT, in any capacity, a licensed financial advisor (adviser), registered investment advisor, registered broker-dealer or FINRA | SIPC | NFA-member firm. Examples presented in this video, or anywhere else, including video tutorials, strategies, articles, emails, newsletters, and all other content of Company’s products (collectively, the “Information”) are provided for informational and educational purposes only. Such set-ups are not solicitations of any kind or order to buy or sell a financial security and should not be construed as investment advice under any circumstances. David Jaffee and BestStockStrategy will NOT be held liable for losses resulting from information or advice presented; the use of such information is entirely at the risk of the user. The sole and exclusive maximum liability to David Jaffee and BestStockStrategy for any damages or losses shall solely be dissatisfaction to the user. The risk of loss in trading securities, options, futures and forex can be substantial. Options involve risk and are not suitable for all investors. Consider all relevant risk factors, including their own personal financial situation, before trading. Past results of any individual or trading system published by Company are not indicative of future returns.

#optionstrading #trading #tastytrade

[BestStockStrategy]

*What are your thoughts about this video?*

[greggvk]

All true. Build a solid foundation of knowledge to reap your rewards later.

[jischkebd]

I agree. Its about the process. I've been chipping away with my consistent small gains in my small account and sticking to my small market leader watchlist. One thing I realized is the market rewards patience and discipline like you say. Today I almost relapsed into my old risky daytrader ways but stopped myself and immediately unfollowed a lot of the old fake gurus I used to follow.

[nikolaynikolay]

David you are THE man ! I learned so much from you, Thank you! Great thoughts

[johto]

Great video. This is just what i'm currently doing. Been saving around 30% from my day job monthly and plan on building this "money tree" in the long run. If I don't have the discipline to trade with a few thousands, there is no way psychologically i could handle bigger account suddenly. I'm 42 years and plan on doing this long term. it would be great way to be not needing to lean on for example on your normal pension (if that even exist then). The psychical barrier to think long term is the major cause most people fail. I wasted almost 10 years trying to learn trading the wrong way (day trade, forex etc). Good thing about that trading experience is that I now know better. Only regret is not starting sooner.

[Chuck]

The only Option buying strategy that works is buying Puts in VXX about 100 days out then roll every month and keep the theta decay less than .02 cents a day. Once the theta is over two cents a day or when the expiration date is less than 80 days out roll to the next month - The jury is out on the delta to use but anywhere from 25 (Cheaper price = less price movement but greater % increase, thus you will have to buy more contracts) to 75 (higher price = more price movement of put but less % increase and you do not have to buy as many contracts) . You can do this also with UVXY but it is not as liquid and has wider bid/ask spreads. Try it with one contract and you will see your put price increase and I won't charge you $1, 350 for the info. :)

[yuriyg]

Very well put! Hopefully people learn to live without instant gratification and work on themselves and adding to their account instead of trying to make it big overnight.

[andretaylor]

I just signed up for your trade alerts.

[billiemccord]

Great advice. People need to hear this. Way too many day trading scammers out there.

[CAPTJW]

David, I enjoy your videos. Thank you for what you do. My only thing is for those of us with smaller accounts, the price of your trade alerts doesn’t pencil out as being affordable.

[tracemckenzie]

David! I have recently been binge-watching a lot of your content. Keep it coming.

[reyeshyatt]

Your video editing has gotten much better!

[brokenstreettowallstreet]

Hello, Today I subscribe to your channel I agree that selling puts is the best way to generate more profits. I read a book called "How options can make you Rich" .The author writes about selling puts is the best strategy and the second one is buying Calls Deep in the money because they have instrict value and should be a Delta of .9 or .8 and when buying calls to always exercise the option before experation because most of the them will expire worthless. Unfortunately, I cant afford to sell options at the moment however, what do you think about the 2nd stargety going long in calls deep in the money ..thanks in advance

[jasperziemann]

You come off very strong with your advice. I believe your advice is great. But I also think that most people would rather live in their fantasy world than put in the work and be successful.

[lukadaniels]

Which broker would you recommend for someone looking to start with about 2k, still Tastytrade, or someone else?

[irfannadeem]

How long will it take to learn option selling?? Considering I am very new to trading and stock market in general?

[goodjoeblack]

Ive just watched this twice back to back, brilliant video thanks!

[zadokmotorfreight]

This video is 💯 on point. Unless you're just blinded by greed, this was really encouraging! Put in time to learn, stay out of debt, save and someday you absolutely CAN do this for a living. You'll just need a six figure account, not four figure!

[wq]

35% annual in long term is tall order, my average return for last 12 years is about 17%. This year is exception due to great bull market.

[Vic-mrkk]

Could you give me an estimate on how much one could expect to make a month selling OTM credit spreads with a starting capital of $2000? I've found that in order to make around $50 you need to lock in around $500, which would be locked up as collateral for around a month (Unless the underlying gaps in your favor and you can close it out early). Am I correct in assuming you can make around $200 a month with $2000 if all trades are winners? Am i missing something, should I be expecting anything more than that? Thanks in advance.