Diego Parrilla
👤 SpeakerAppearances Over Time
Podcast Appearances
One thing I would really, really, really...
tell people to watch out for is shorting options.
So pretending confusing income with volatility.
So do not sell options until you're at a high level.
It's very tempting, but it's very dangerous.
And also do not confuse trading with gambling.
It's a glorified way of, I feel like I'm in control.
I know what I'm doing.
I would focus on process.
I would focus on
understanding, expectancy.
This is not a game of probabilities.
You know, if I ask you, Alan, what do you think about Apple?
It's like, bullish or bearish?
what's wrong with you?
You're bullish and you're short?
Well, you asked me whether I'm bullish or bearish.
You're asking me, do I think it's going up or down?
I think it's going up.
But on an expectancy basis, the probability of going up might be greater than 50%.