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Nearly every new options trader makes the same handful of mistakes in their first ninety days. Not because they're careless, and not because they lack intelligence - but because these specific errors are almost never named clearly until after they've already cost something.
The First 90 Days of Options Trading names them, explains exactly why they happen even to careful beginners, and gives you the concrete fix for each one - before they cost you anything.
Inside, you'll find the seven mistakes that derail new traders most often:
- Trading without a written plan, and why this single habit sets the tone for everything else
- Risking too much on a single trade, and how to size positions so no losing streak can seriously hurt you
- Misunderstanding expiration and time decay - why being "right" about direction still isn't enough
- Chasing trades and trading on emotion, and how to catch yourself before you do
- Ignoring liquidity and bid-ask spreads, and the hidden cost of trading the wrong contract
- Reaching for leverage and complex strategies before you've earned the track record for them
- Not tracking results, and why memory alone will lie to you about your own patterns
Plus a practical pre-trade checklist distilling all seven mistakes into questions you can ask before every trade, and a full week-by-week 90-day roadmap that turns everything in the book into an actual plan you can follow.
Perfect for beginners about to place their first trades, and for anyone in their early months of options trading who wants to understand what's actually going wrong before it happens again.
A note before you begin: this book is for educational purposes only and is not financial advice. Options trading carries real risk of loss and is not suitable for everyone. Nothing here guarantees a profit or any particular outcome - always do your own research and consult a licensed financial advisor before trading with real money.
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