It happens to many new (and seasoned) traders. You convince yourself that you need to participate in a particular trade only to find it doesn’t work. You start adding indicators and making it more complicated. You throw money at it, but still, it’s just not working.

Some instruments just aren’t great to trade and sometimes you need to find a trade that better resonates with your approach to the markets.

Today, I had a chance to speak with Pablo Lucena who is an experienced trader but has found some serious traction with my Apex Program. We cover a lot of information, but here are some of my favorite topics:

Building tools for the trade
How to trade stock options
Relative Value Trading Strategy
The most important information for managing options positions - Scalping Gamma
Changing your approach to trading

1:00 Serious, Active, Trading

3:30 The Rubber Band Example

5:00 The "ah ha" moment

5:55 “Nothing would work” - Trading NQ futures

7:00 An approach to writing code

8:25 The elimination of emotion, A systematic confirmation tool

10:00 A community feel

11:45 A message to retail traders

12:55 Don't Freak out, Build a better position

14:00 How to trade the Yield Curve

14:30 “Stops are detrimental for the type of trading that will make me successful”

16:00 The Fed, Rates and trading Bond Futures

18:20 Sometimes it’s safer to go further in

19:20 Power through education

21:30 Learn how to trade; Don’t hope for the best

24:30 How to build a portfolio bias

28:00 Build on a solid foundation

30:00 Fed Dominator - Historical Data

32:00 The Most Rewarding Part of Trading

33:15 Better returns in 24 days than all of 2017

34:00 ADT: You'll never look at trading the same again

35:20 It's okay to get rid of negative energy

37:20 Be happy when a trade goes against you

40:00 What a butterfly can tell you

44:35 Customize a trade, use identify your strengths

47:00 Trade your personality

48:20 The Market will sniff out a weak hand; believe in your trade

50:30 Scalping Gamma: Options 101

52:00 Position Management and the power of options: A Game Changer

56:00 Keep it simple!

Books Mentioned In this Episode:

Options As a Strategic Investment - Lawrence G. McMillan

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