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Using Probability in Options Trading

 

On a weekend afternoon, I received a phone call from one of my mentees who was learning to trade options using a high probability options trading system.

He was a diligent trader who always analysed his trades after they closed and made it a point to read up on trading. This time around, he had a few losing options trades in S&P500. After analysing his trades, though, he couldn’t identify what errors he had made which had led to losses. So, he decided to give me a call to seek my...

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