>>> I’ll be live with Graham Lindman this Sunday at 7 PM ET for the Upside-Down Options Summit — we’ll reveal the discovery that boosted win rates, and show how you can take your first trade Monday morning, Click Here to join <<<
I get asked all the time why so many option traders blow up their accounts.
The answer isn’t complicated.
It’s not some hidden Wall Street secret or proprietary algorithm you need to crack.
It’s simpler than that — and harder to fix than most people want to admit.
- They don’t have a system.
- They don’t have discipline.
- They put too much on the line with every trade.
- They take too much risk.
- They don’t put probability on their side/take advantage of time decay.
- They take reckless trades.
And then there are three things that actually make traders successful — patience, discipline and accountability. Most traders never develop any of them.
The Guy Who Had It All — Then Lost It
I knew a young guy, early 30s, who traded professionally for about a year. One time, he had a month where he made around $30,000. That’s a damn good month when you’re trading on your own.
So I asked him about his strategy.
Turns out, 100% of his approach was buying high-risk calls. That was it. No hedges. No selling premium. No time decay working in his favor.
Just swinging for the fences every time.
The last time I talked to him in person, he told me he wished he could be on the sell side of options — that he wished he had enough money to do that.
But he was taking such insane risk that he lost it all and had to go get a regular job with a W-2 attached to it.
He’d take all of his money — $25K or whatever — and just take wild risks buying calls with it.
One bad week and it was over.
Meanwhile, you can start with a grand on the sell side and do great — if you actually commit to a system and proper risk management.
The Lambo Lie
Here’s the other thing that kills traders: expectations.
This is so much work. It’s not exciting, like they say on the internet. I don’t have a Lambo in my driveway.
People start trading with visions of quick riches. They see the highlight reels. They hear about the guy who turned $500 into $50,000 on a single trade. They think that’s the norm.
It’s not, and this is the kind of mindset that gets people in trouble…
What am I doing wrong? I started with a grand, and I still don’t have a Lambo.
The real game is boring. It’s disciplined. It’s methodical. It’s about stacking small, high-probability wins and managing risk so the inevitable losses don’t wipe you out.
If you can’t accept that, you’re going to end up like that guy I knew — with a great month or two in your rearview mirror and nothing left in the account.
Stop swinging for the fences. Stop risking everything on one trade. Stop chasing the excitement.
Build a system. Manage your risk. Let time decay work for you. And stay in the game long enough to actually win.
If it’s boring and you’re making money, then you’re doing it right.
Trade well,
Jack Carter
Jack Carter Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
- Telegram: //t.me/jackcartertrading1
- YouTube: //www.youtube.com/@FinancialWars
- Social media:
- Social media:
Important Note: No one from the ProsperityPub team or Jack Carter Trading will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. My Upside-Down Options Summit kicks off on Sunday
What if we showed you a brand new way to target daily income on options?
An unconventional setup that went unbeaten across 14 LIVE trades during one of the market’s most chaotic stretches this year…
This Sunday, I’m going live with Graham Lindman to reveal a never-seen-before setup to target daily cash from the options market.
I’m calling it the Upside-Down Options Summit.
Everyone who tunes in will see exactly how I built the entire setup from scratch… plus how to get in on the first trade as soon as Monday.
