The 10 Pillars of being a tastytrader
1. Liquidity trumps all.
2. Sell options when IV is high.
3. Trade small, trade often.
4. Probability never lies.
5. Implied Volatility is overstated.
6. Take profits, give losers duration.
7. Passive investing is destructive to wealth.
8. Active investing works.
9. Trading is a skill that can be developed.
10. Be mechanical with positions.