Commisions can kill you

Many new traders lost more money paying commissions to brokers compared to losing money on a losing trade.

Usually the odds are in your favor if you do your homework before buying any options.

For example, if you pay 15 to enter a trade and 15 to exit a trade. You lose 30 bucks.

So, what if you diversify your portfolio? Say you have 10 option position in different stocks...?
You lose 300 bucks.

The point I am trying to make is....try to FOCUS on making money in LESS TRADES and you will see your investments perform to its peak.

In short, DIVERSIFICATION is a FOOLS game!