Education: Activities
that impart knowledge or skill.
When I work with
investors or write blog posts and books, my objective
is for the reader to learn something he/she does not
already know, thereby adding to his/her knowledge.
So what do I mean - to
teach something you don't already know? Here are
some examples that appear frequently in my writings:
Explaining
something from a different perspective
Including extra
details, just in case they can provide a better
understanding
Including
information to answer questions before they are
asked
Explaining the
rationale behind my opinions. Trade ideas, plus
'why it's true'
Outlining a
philosophy based on common sense, and not on
traditional rules
Being willing to
take a minority stance - but always telling
readers when most others have a different point of
view
Encouraging readers
to think for themselves before making decisions
Emphasizing the risk
of ruin and how to minimize it
Continuously
stressing the importance of risk management
Explaining that
choosing a good trading strategy is just the
beginning
Why trading
near-term (front-month) options is more risky that
it appears
Why it's easier to
make money by selling, and not buying, option
premium
Why selling naked
short options is too risky for most traders
(unless you sell puts with the intention
of owning stock)
When posting at bivio.com, I tried to use material
suitable for the true beginner. If you have a interest
in more advanced content, please let me know by sending
email to know_your_options (at) bivio (dot) com.