Listen "Mastering Monthly Income: Fokas on Covered Calls"
Episode Synopsis
In this episode, George Fokas, CEO of Fokas Beyond, shares insights into his Covered Calls strategy, offering a unique approach to earning income regardless of market direction. Discover how writing option contracts allows you to receive upfront income every month.George breaks down the components of stock options, explaining key terms like strike price, premium, and expiry date. Explore the flexibility of tailoring different combinations of options to create various trading strategies and multiple income streams. Learn the art of stock protection to hedge against market uncertainties and safeguard your capital.The episode delves into risk management principles, guiding you on defining your trading capital, determining risk levels, and choosing a suitable position size. George shares practical rules, such as learning to be wrong, adopting a slow and steady approach, and starting small to learn and earn simultaneously.If you’ve been trading for a while but still feel like you’re spinning your wheels — I get it. It’s frustrating watching others move ahead while you’re stuck in the same place. Let's pinpoint what’s holding you back and map out your next steps. Fill out the short survey at survey.tradinggame.com.au and lock in a phone call with Louise. This could be the conversation that changes your trading life. A quick reminder... The special introductory fee for my Mentor Program Pro course is ending soon. This 6-week repeat-for-free course could be the turning point in your trading life. Visit tradinggame.com.au/mentor and secure your place while the offer lasts.Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn