a great lesson

(1) Risk Exposure

The need to gauge risk exposure of one’s portfolio is a must, constantly... No matter how much money/returns one has already made, the key is to keep the gains in hand... I paid huge prices before (more than once) to learn this lesson: Learn to control one’s (excessive) greed... With this in mind, one can go a very long way in investing...

(2) Selection of Trading Product(s)

Be careful with the investment vehicle(s) of one’s choice... It could be dangerous and devastating to one’s portfolio if blindingly following others... Everyone has his/her own reason(s) to trade a particular product in a certain style (Day Trade, Swing Trade, Scalping Trade, Buy-and-Hold, Short-Term, Long-Term, Futures, Options, Commodities, Bonds, etc.)... I have mine, and what is yours?

(3) Entry/Exit Point(s)

"Patience, Patience, again, Patience..." I try very hard to enter my positions at the markets extreme points... I STO puts when the markets are very very oversold, and enter calls when they are extremely overbought... That was how I end up with the March 1100 puts and 1400 calls in my portfolio...

(4) “Consistency, Consistency, still, Consistency...” in One’s Investment Returns

This consistency is measured in terms of days, weeks, months, years, ... Once we get there, we all reach a state of having financial freedom...