How To Make Money Trading Options || Hedge Fund Manager Explains
The Matt Kohrs Show
Full Interview: https://www.youtube.com/watch?v=CZF1U_ZldHs
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Foreign for all the people watching this right now, let's get into a conversation about the major things people can do to be a successful Options Trader Obviously there's a whole host of resources out there and for folks, anyone listening right now David does have his own podcast where he gets into like the nitty-gritty Detail I'll make sure it's linked in the description of the video if you want to find all of his work and how to connect with them. But from the high level, where do you think retail should start their journey of being a successful options Trader I Think what's important first of all is kind of the the mindset and the expectations because you just mentioned for instance, if you heard about options from the stores of retail the zero DT Lottos that's going to set you up to like basically fail right because you're gonna be uh, you know, searching for that that big win or you think you're gonna you know 10 extra money. So first of all, education there are you know tasty trade option Alpha those are two kind of resources I Think basically finding something that you can get the basics like option Alpha for instance has literally uh they call it track speaking on tracks intermediate tracks these are videos that are free get the foundational knowledge but after that I would say regardless of kind of the level that you think you're at, fund a small account and just try different things, expect to lose the money. That's the first thing.

Expect to lose the money. Your goal is to learn right? because by doing, you can kind of watch the positions change. Even watching a loser is experience right. You can see what causes options to do what because there's a lot of moving parts.

That's one of the big differences. When you're trading stocks or future shares, these are called Delta one product which means they move linearly where you you make money when it goes up. you lose money when it goes down. but options have a lot of Dimensions time volatility.

Uh, the movement of the underlying which also feeds into the volatility. So they're all kind of interrelated, but just trading, you don't have to get fixated on any one strategy again. I Think if the expectation in the beginning is to learn right and that account that you fund, that's tuition right? that's not money you're gonna make. Um I Think that will set you up, uh, to at least have a chance of succeeding because you'll be on the right path and there are.

This is a tough one. I Think having groups or someone you can talk to and kind of share ideas. Uh, for instance I mentioned, you know you go on Facebook there's there's two. If you're just search tasty trade options, you're probably gonna find a couple larger groups.

These are a good kind of beginning tool to at least get exposed to other people. Eventually, it's a little too noisy. Um, because these groups have like eight to ten thousand people. So it's it's hard to figure out the noise from the signal in there, but eventually there are smaller groups.
Again, this is a little tough because I know there's so many scammers out there and like there's things you'll pay for that. It's just a waste of money. But I think being able to find a group of people kind of. you can relate to like-minded people.

They're trying the same thing, maybe at the same level so you know it's a good accountability thing because you can have people that kind of keep you honest or you can talk about when things are going bad. that's I think I think that's an important factor of kind of helping you stay on the right path.

3 thoughts on “How to make money trading options hedge fund manager explains”
  1. Avataaar/Circle Created with python_avatars Tyrell68 says:

    I lost 2 k on NIO calls last year. I learned some things! 😅

  2. Avataaar/Circle Created with python_avatars Ross Limbach says:

    This is all nice but if I learned anything Friday from Matt it’s risk for the biscuit. 😉

  3. Avataaar/Circle Created with python_avatars Frank says:

    Nice Job, Buddy

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