Wealth, Freedom & Options With Joshua Belanger

This morning I was looking over positions after this recent market move. Nobody would have predicted this, and if they did, it was a lucky guess. That's how the markets work; they are random. However, I was glad that I managed the winners I had days before because they would have become losers today. I have a saying that goes like this, "When you've earned the right to take profits, you take them." It took me nearly 10 years to learn how to make investing using options a non-zero–sum game by managing winning trades. In the old reckless days, I would hope and pray they expire. Most of the times they did, but then there were times they didn't. I had winners that turned to big losers, which is frustrating going into a weekend. I started to figure out I needed to close out trades before expiration, but I didn't know exactly the optimal number until recently. You can either let the market close you out, or you can do it on your terms. I prefer to be on the offensive and do it on my terms. It