Part 8 Trading Master Class

Common Mistakes to Avoid
Holding OTM options too close to expiry hoping for a miracle.

Selling naked calls without understanding unlimited risk.

Over-leveraging with too many contracts.

Ignoring commissions and slippage.

Not adjusting positions when market changes.

Practical Tips for Success
Backtest strategies on historical data.

Start with paper trading before using real money.

Track your trades in a journal.

Combine technical analysis with options knowledge.

Trade liquid options with tight bid-ask spreads.