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.
Want to Make More and Retire Sooner?
Why grind away at a job when the market can do the heavy lifting for you?
With my Mentor Program Pro course, in just 6 weeks, you’ll systematise your trading to make more money, and reduce risk, so you can choose to retire earlier than you ever thought possible.
Visit www.tradinggame.com.au/mentorto find out how.
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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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