Dr. Jim Schultz on the single most important rule for new options traders: every trade must be defined risk for at least some length of time. Whether that is two months or two years, it does not matter. You are going to make mistakes and boneheaded moves. Defined risk means you know the worst case on entry. That safety net does wonders for your peace of mind and keeps you in the game long enough to actually learn. #tastylive #definedrisk #optionsforbeginners #jimschultz #wheredoistart #optionseducation #tastytrade tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for inform...