One of the fastest ways new options traders lose money has nothing to do with the market. It’s strategy confusion.
Most beginners learn about long calls and puts, and then immediately jump into complex trades — spreads, condors, diagonals — without understanding when and why each strategy should be used. As options strategist Rick Orford explains in his latest video, the problem isn’t that options are too complicated. It’s that traders fail to adequately define their trading goals first, resulting in strategy mismatch.
