When It Comes to Trading Options, FOMO Is Not Your Friend

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Published: July 31, 2021 My No. 1 Stock for the Global Semiconductor Superboom Policy experts have called this tiny chip the “must-win” technology of the future. It’s a technology so small, yet so powerful… It’s gone further than any other in connecting the world. And right now, global superpowers, governments and businesses all around the world are pouring billions of dollars into developing this tiny segment.  All told, these tiny devices are on pace to be worth $730 billion. And one company has uniquely positioned itself right in the center of it all. Get my ‘No. 1 Superboom Stock!’ Lance Ippolito Lance is a professional trader and successful entrepreneur with over 10 years of experience in the financial markets When It Comes to Trading Options, FOMO Is Not Your Friend Options trading is a smart way to take advantage of the stock market’s price action, as it offers a cheaper way to go long or short on companies while limiting downside risk.  But invest in options without a game plan, and a trader may end up losing a significant amount of money before they even have time to blink.  We often get asked what separates successful and unsuccessful options traders. And far too often, it comes down to knowing how to manage profits.  Most people spend a lot of time determining when they should get into their positions. But figuring out when to exit those trades is just as important — regardless of whether or not they’re going in our favor.  This seems obvious when a trade suddenly moves against us, but it becomes more difficult to remember when we’re sitting on a huge gain.  This psychological dilemma is often called FOMO, or the “fear of missing out.” Here’s What You Might Be Missing I Warned You About Nikola’s Massive Fraud. Try These EV Stocks Instead July 29, 2021 Shares of wouldbe Tesla rival Nikola were down as much as 15% on Thursday following the Federal court appearance of its former CEO. I’ve been right here on Future of Wealth, sounding the alarm and shining a light on the company’s shady business for more than a year... Continue Reading Another Live Trade Room, Another MONSTER Earnings Win — 455% on PINS! July 30, 2021 Big order flow hitting one of my favorite targets on Wednesday, and the results on this Pinterest earnings play were nothing short of spectacular... Continue Reading   A New Money Crew Publication   Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.  Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.  Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 7751 Belfort Parkway #120 Jacksonville, FL, 32556, US Update Profile