The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Alright! You know, the other day in episode #5, we talked about stock picking, we looked at that AAL call that we had where we were trading it bullish. I have to tell you, just thinking about this over the last day or so, I think the realization that I've come to, maybe I came to it a while ago, but I've just thought about a metaphor that helps out with this and maybe explain the topic a little bit better, is this concept that you really haven't become a real trader until you've gone through a string of losing trades. I think people get that really, really mixed up. You see this all the time. I think you see this honestly all the time in business or in whatever, you have people or teams or companies that seem to be on the up and up. They really never had taken a punch to the face basically is what it is. They’ve never had to step back. Until you go through a couple of those scenarios or situations where you have trades that go against you or you have even a string of losing trades, I think it’s incredibly har