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Options Made Easy: Your Guide to Profitable Trading, Second Edition by Guy Cohen

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Criteria for Successful Investing

  • patience

  • perseverance

  • knowledge

  • honesty

  • pre-planning

  • discipline

Patience

Learning that you can make a lot of money on the markets is one of the most exciting moments you can experience in your professional life. A whole new world of possibilities opens up before you as you begin to imagine your dream house, car, boat, and vacations with your family. I’ve seen people get so excited after just one little seminar that they actually started trading right there and then. Not smart! Give yourself some time to get used to the idea. And never start trading on an emotional wave of any kind whatsoever. You need to be switched on, alert and calm. Many workshops give you the emotional high but without the substance of real ...

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