Brian McAboy warns that traders often skip foundational basics and jump straight to complex strategies like options trading, which leads to costly mistakes. Building a solid foundation first matters more than rushing ahead.
And heaven forbid we try to jump straight to discretionary trading, which is really like intermediate trading. A lot of people love jumping straight to options, which is. It is more sophisticated than just basic trading stocks or futures and that kind of stuff. So. But we have a tendency to jump ahead on the learning curve, and we don't start with, again, that good foundation, learn all the basic skills, learn the vocabulary, learn how things work, and build on that foundation and work our way up the progression, up the gradient. It's really easy for us to jump ahead and then wonder why we're kind of struggling. Things are. They're not so easy to get our head around. And we're looking at stuff, and it's like, why isn't that working the way I expect it to? Why do I keep running into this.