31 Mar 2016

Trading with Discipline

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Trading with Discipline - The Bubba Show
Todd "Bubba" Horwitz on Liberty Talk FM - Image Rotator Photo

BY: Todd Horwitz, Host & Senior Contributing Analyst
PUBLISHED: March 31, 2016

Options Trading Concepts

Bubba starts out the show by introducing some options trading concepts and looks at trades from the past week. He shares his Sunday webinar on educating about options and defines the risk/reward model.

Bubba discusses the many different trades that can be created through the option model and talks about the best ways to trade and invest.  He starts the Q&A portion of his training course, answering hundreds of questions from students about all the scenarios that can happen through a probability model.

The questions continue to roll in from the most basic to very complex trades. Bubba maintains that discipline is the most important factor in any trade. Bubba then calls out one of the students who was too lazy to execute a trade properly and questions the student’s dedication to learning.

As part one comes to an end, Bubba ties up all of the loose ends of a beginner option trader. Once again, Bubba lays out the math of the trade and explains that the numbers and not the news are what is important to traders. The rest is all noise.

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Todd Horwitz began his career in the financial industry as an option market maker at the Chicago Board of Options Exchange in 1982 and was one of the founding traders in the SPX pit. He is an active member of the am currently a member of the Chicago Board of Trade.