1. Thought For The Day

2. Don’t be afraid to go out on a limb… …that’s where the fruit is!

3. 10 Common Trading Mistakes Related to Options OC Traders Group April 28, 2012 Bob Daniels All the usual disclaimers apply to this presentation: Option Trading Has The Risk Of Losing All Of Your Money! Besides, I can safely presume many in the audience knows a lot more, and has a lot more experience, with trading than I do.

4. 10 Common Trading Mistakes Courtesy Of Options University/CBOE Learning Center Morty Kearney Options: Learn from the experts DVD

5. 10 Common Trading Mistakes

15. Drum Roll Please!

16. 10 Common Trading Mistakes

17. MONEY MANGEMENT Small losses Defined risk trade is best Trade % of portfolio

18. 10 Common Trading Mistakes Bob’s Seven “K’s”

19. 10 Common Trading Mistakes Bob’s Seven “K’s” Know – when to get out (take profit or minimize loss) Know – how volatility will hurt or help your trade Know – probability of hitting & expiring ITM

20. 10 Common Trading Mistakes

21. Bob’s Seven “K’s” Know – how long it takes the underlying to make a move Know – which option strategy makes sense for the trade Know – what the risk/reward is Know – there’s liquidity

22. Don’t Quit On A Mistake… …Learn From It!

23. 10 Common Trading Mistakes It’s always a challenge to present meaningful information to those in the room who have way more experience than I do.

24. For those of you who stayed awake – I thank you. For those of you who fell asleep – I don’t blame you. 10 Common Trading Mistakes