Ep. 192: Wheel Strategy Tips: Don't Do THIS!

How can you avoid getting into bad trades when trading the Wheel Options Strategy? What happens in a downturn? Will I lose all my money? How do you find trades with a high premium?
As you might know, right now I'm stuck in a bad trade: RIDE

How can you avoid getting into trades like this when trading the Wheel Options Strategy?

What happens in a downturn? Will I lose all my money?

How do you find trades with a high premium?

In today's podcast, I'll answer these questions and give you much more Wheel Strategy Tips

Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all
investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.
You may lose all or more of your initial investment. The lower the day trade margin, the higher the leverage and riskier the trade. Leverage can
work for you as well as against you; it magnifies gains as well as losses. Past performance is not necessarily indicative of future results.

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Markus Heitkoetter