I’ve been able to extract 6 figures per year for the last 3 years in the options market. This year may end up at 7 figures. I’m also well aware that I could los

I’ve been able to extract 6 figures per year for the last 3 years in the options market. This year may end up at 7 figures. I’m also well aware that I could lose it all. We’ll see. The basis of what I do is look for irrational behavior of the masses, patiently wait for the realization of truth to start spreading and buy long dated options into it. The real challenge is knowing and recognizing your own cognitive biases and understanding that almost every human shares the same biases. So in knowing yourself, you can know the irrationalities of the masses and the next realization they will come to. This is an incredibly important tool. Another is patience. Short dated options will kill your account. It’s only a matter of time.