Mike And His Whiteboard

Portfolio Strategy | Number Of Occurrences

Mike And His Whiteboard

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

A higher number of occurrences allows us to realize our expected probability of success.

Today on on his whiteboard, Mike draws out how important having a large number of occurrences really is when it comes to winning trades. Staying small is equally important, to help offset the variance of the probability game. He relates this concept to poker, where it's also imperative to stay small and obtain a high number of occurrences of high probability scenarios.

Tune in for a great show!

Mike And His Whiteboard More installments

See All »

Latest tastytrade Videos As of July 20

Most Shared From the last 30 days