“Failure will be a constant as no trader can sustain a 100% win rate. Learning to control the impact of that failure will be a large sticking point in many traders’ careers. The one thing that can be guaranteed to the trader is that there will be times when they must take a loss. And if that one loss wipes away the gain from ten winners or, perhaps worse, destroys that trader’s confidence, the problem from that single item of failure can have large repercussions. This points to the importance or perhaps even the necessity of risk management.”
Published by Terry
Meet Terry Rogers, a Certified Public Accountant (CPA) with an illustrious career spanning over 40+ years. With a profound expertise in accounting, Terry has been a trusted financial advisor to individuals and businesses alike. Throughout his extensive career, Terry has not only excelled in traditional accounting practices but has also delved into the dynamic world of stock options trading, showcasing a remarkable 18 years of experience in this specialized field. As a seasoned professional, Terry has successfully navigated the complexities of financial markets, leveraging his in-depth knowledge to make informed decisions in the realm of stock options. This dual proficiency in accounting and stock trading sets [him/her] apart, offering clients a comprehensive perspective on financial management and investment strategies. Beyond his contributions to the financial sector, Terry is passionately dedicated to empowering others with financial literacy. Recognizing the importance of education in financial decision-making, he is currently in the process of developing a website aimed at providing valuable insights and resources for option trading. This platform will serve as a hub for individuals seeking to enhance their understanding of the intricacies of stock options trading. Terry envisions a future where everyone can make informed financial decisions, and his commitment to education reflects his desire to share the wealth of knowledge accumulated over four decades. Through this upcoming platform, Terry aspires to demystify financial complexities and empower individuals to take control of their financial destinies. With a legacy of professional excellence, a wealth of experience in both accounting and stock options trading, and a dedication to financial education, Terry continues to leave an indelible mark on the financial landscape, embodying the perfect blend of expertise, insight, and a passion for empowering others. View all posts by Terry