In this episode, George Fokas, CEO of Fokas Beyond, shares insights into his Covered Calls strategy, offering a unique approach to earning income regardless of market direction. Discover how writing option contracts allows you to receive upfront income every month.
George breaks down the components of stock options, explaining key terms like strike price, premium, and expiry date. Explore the flexibility of tailoring different combinations of options to create various trading strategies and multiple income streams. Learn the art of stock protection to hedge against market uncertainties and safeguard your capital.
The episode delves into risk management principles, guiding you on defining your trading capital, determining risk levels, and choosing a suitable position size. George shares practical rules, such as learning to be wrong, adopting a slow and steady approach, and starting small to learn and earn simultaneously.
Are you ready to perform at the top of your Trading Game? Get Louise Bedford's new book - Investing Psychology Secrets - and pick up a bonus pack worth over $500, when you order from www.tradinggame.com.au.
Louise Bedford's free Hot or Not Special Report will tell you the latest hot and cold sectors on the Aussie market.
Get your copy from: www.tradinggame.com.au/hotornot.
It will give you the sectors that are likely to lead the next bull run, as well as the sectors you need to avoid at all costs.
Go to www.tradinggame.com.au/hotornot and download it for free now.
Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.
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