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Podcast: Options Boot Camp
Episode: Options Bootcamp 11: Busting Myths and Taking Names
Description: Basic Training: Busting Options Myths: 1) Market makers know where the stops are, therefore market makers who take the other side of trades are taking advantage of retail customers. 2) The only way to trade profitably is to be a dark side short premium seller. Plus, credit spreads are better than debit spreads. 3) I only need to be good at one trading strategy. 4) Option trades and spreads in particular are difficult to execute and should only be handled by professionals with years of experience. 5) Options are too risky for the retail...