Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
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The Skinny on Options: Abstract Applications - December 8, 2025 - Prepping for the 2026 Trading Year
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Manage episode 523275754 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Dr. Jim shares a strategic framework to evaluate trading progress as 2026 approaches. The self-evaluation centers on three key factors: experience level, account size, and strategy selection. For experience level, beginners should focus on gaining knowledge rather than prioritizing P&L, intermediates should pursue strategic mastery, while advanced traders can concentrate on maximizing risk-return ratios. Account size significantly impacts trading approach. Small accounts ($25K or less) should focus on defined risk strategies with limited flexibility. Medium accounts ($25K-$100K) can mix defined and undefined risk, while large accounts ($100K+) can lead with undefined risk strategies and enjoy greater flexibility. Dr. Jim advocates mastering 3-4 strategies rather than spreading focus too thin, suggesting defined risk options (verticals, diagonals, butterflies) and undefined risk strategies (short puts, strangles, ratio spreads) as core competencies.
…
continue reading
1651 episodes
The Skinny on Options: Abstract Applications - December 8, 2025 - Prepping for the 2026 Trading Year
MP4•Episode home
Manage episode 523275754 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Dr. Jim shares a strategic framework to evaluate trading progress as 2026 approaches. The self-evaluation centers on three key factors: experience level, account size, and strategy selection. For experience level, beginners should focus on gaining knowledge rather than prioritizing P&L, intermediates should pursue strategic mastery, while advanced traders can concentrate on maximizing risk-return ratios. Account size significantly impacts trading approach. Small accounts ($25K or less) should focus on defined risk strategies with limited flexibility. Medium accounts ($25K-$100K) can mix defined and undefined risk, while large accounts ($100K+) can lead with undefined risk strategies and enjoy greater flexibility. Dr. Jim advocates mastering 3-4 strategies rather than spreading focus too thin, suggesting defined risk options (verticals, diagonals, butterflies) and undefined risk strategies (short puts, strangles, ratio spreads) as core competencies.
…
continue reading
1651 episodes
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