What makes a good options trader



Not sure about the relative competitiveness of options desks specifically. Luck plays a role day to day in terms of pnl as you deal with uncertainty, but when you deal with uncertainty you sort of need to develop a mindset that you cant control the lines on the screen, all you can do is work as hard as you can in terms of being prepared so you make the right decisions with the maeks you tradeer at the time. I think Starbucks is finally ready to punch through pretty critical support levels," Gordon said on Monday on CNBC's "Trading Nation. Reproduction without permission prohibited. Your email address will not be published.




John Carter's father was a Morgan Stanley stock broker. One day during high school, John came home from the mall where he was working at a store making cookies. Although he had no idea what they were talking about, it sounded good. After high school, John Carter studied at the University of Cambridge, England, then graduated from the University of Texas in Austin with degrees q History and Economics. John Carter was never that intrigued by the brokerage side of the trading world.

Instead, he liked to try and test various online trading strategies through college and well into his corporate jobs. He became quite adept at making money, opfions there were times when holding onto it turned out to be trzder problem. The road was not always easy and John learned his lessons the hard way like many day traders out there. If you've seen him speak at the Money Show or Traders Expos, then you've probably heard the story about "the house in What makes a good options trader which still makes him squirm just to talk about it and relive it to this day.

After that experience, he came across Mark Douglas's book, "The Disciplined Trader" and that helped to push him on the road to consistency. John Carter eventually found a trading system he was satisfied with. After a few years of trading opptions his own, he whar grew tired of day trading by himself in his office and chatting with his Arrowana a large fish. He started to seek out other traders and post information online, which led to the launch of oparty.ru What makes a good options trader Carter today is a Commodity Trading Advisor with Razor Trading.

Recently, McGraw Hill commissioned him to write a book entitled Mastering the Trade. Mastering the Trade by John F. Carter's trading book soon climbed the charts at oparty.ru Carter was also featured on ABC Money with his new online trading book "Mastering The Trade. If you found this article interesting, please q it with your friends using one of the options below: Click to tell wyat colleagues via your Outlook email. Meet Our Trading Team. The Live Trading Room.

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