# optionstradingwisdom.com ## Posts - [Trading psychology: fear, greed and how to stick to your plan](http://optionstradingwisdom.com/trading-psychology/): The emotional mistakes that hurt traders most, including FOMO, revenge trading and loss aversion, and practical rules to manage them. - [How to keep a trading journal that actually helps](http://optionstradingwisdom.com/trading-journal/): What to record in a trading journal, how to review it, and how to calculate win rate and expectancy to see whether your strategy works. - [Risk management: the 1% rule and stop losses](http://optionstradingwisdom.com/risk-management/): How to manage risk in trading: position sizing with the 1% rule, placing stop losses, risk-reward ratios and why protecting capital matters most. - [How to read an option chain](http://optionstradingwisdom.com/read-option-chain/): A step-by-step guide to reading an option chain: strikes, expirations, bid and ask, volume, open interest, and how to spot options that are costly to trade. - [Vertical spreads: limiting risk with bull and bear spreads](http://optionstradingwisdom.com/option-spreads/): How vertical spreads work, how to calculate maximum profit, maximum loss and break-even, and why many traders prefer them to single options. - [Implied volatility and IV crush: why options get cheap after earnings](http://optionstradingwisdom.com/implied-volatility/): What implied volatility is, why options get expensive before big events, and how IV crush can cause losses even when you pick the right direction. - [Options basics: calls, puts and premiums explained](http://optionstradingwisdom.com/options-basics/): Learn how stock options work in plain English: call and put options, strike price, expiration, premium, and the risks of buying vs selling options. - [The options Greeks: delta, gamma, theta and vega](http://optionstradingwisdom.com/options-greeks/): What delta, gamma, theta and vega mean, how they change an option's price, and how beginners can use them without heavy math. - [Paper trading: how to practise without losing money](http://optionstradingwisdom.com/paper-trading/): How to use a paper trading account properly, what it can and cannot teach you, and how to know when you are ready for real money. - [Market, limit and stop orders: which one to use](http://optionstradingwisdom.com/stock-order-types/): The difference between market, limit, stop and stop-limit orders, what slippage and gaps are, and which order to use in common situations. - [Cash-secured puts: getting paid to wait for a lower price](http://optionstradingwisdom.com/cash-secured-puts/): How cash-secured puts work, how to work out your break-even, and the risks of being assigned shares in a falling market. - [Trading for beginners: a realistic guide](http://optionstradingwisdom.com/trading-for-beginners/): An honest beginner's guide to trading: day trading vs swing trading vs investing, how much money you need, and the mistakes that cost new traders the most. - [Covered calls explained: earning premium on shares you own](http://optionstradingwisdom.com/covered-calls/): How covered calls work, how much you can make, what you give up, and when assignment happens. A plain-English guide with a worked example. [comment]: # (Generated by Hostinger Tools Plugin)