How to ACTUALLY Make Money Trading Options - 3 Profit Mechanisms

💡 Join the Outlier Pro Patreon Community for weekly livestreams, private community, market & trade analysis, direct Q&A, & more.   / outliertrading   ► Free Guide for Beginner Options Traders. https://www.outliertrading.io/guide ► Subscribe to the Outlier Insights Newsletter. https://outliertrading.substack.com/ ► Join the FREE Outlier Community Discord.   / discord   ► Listen to the Outlier Podcast.    • The Outlier Trading Podcast   ► Learn About Erik. https://www.outliertrading.io 📨 Subscribe to the Outlier Insights Newsletter. https://esinvests.substack.com/ 💡 Join the FREE Outlier Community Discord.   / discord   📈 Join the Outlier Patreon for exclusive content: weekly workshops, templates, trade reviews, & more.   / erik_esinvests   📻 Listen to the Outlier Podcast.    • The Outlier Trading Podcast   ℹ️ Free Compound Interest Calculator: https://www.esinvests.com/resources 🔎Learn About Erik. https://www.esinvests.com 00:00 - Introduction Overview of the video Purpose: Understanding how to actually make money in trading 01:00 - Common Misconceptions Discussion about different Notions of making money Difference between activities and functions that make money 03:00 - Directional Trading Explanation of making money through direction Examples of directional trading methods 06:00 - Risk Assumption Explanation of assuming other people's risk Example: Structural Alpha and risk premia in options trading 09:00 - Inefficiencies Explanation of finding and exploiting market inefficiencies Examples: Mispricing, cross-exchange arbitrage, value dissonance 12:00 - Examples and Studies Specific strategies and studies like positive earnings announcement drift Importance of having a clear hypothesis and testing it 14:00 - Building a Strategy Steps to build a trading strategy Importance of testing, tracking, and optimizing 16:00 - Conclusion Recap of the three methods to make money in trading Encouragement to focus on the right functions and optimize them 18:00 - Final Thoughts Emphasis on the competitive nature of trading Invitation for viewer feedback and questions ▬ EVENTS ▬▬▬▬▬▬▬▬▬▬▬▬ ►Weekly Monday Night YouTube Live - 5pm PT ►Weekly Outlier Pro Patreon Workshops - Discord ▬ AFFILIATES ▬▬▬▬▬▬▬▬▬▬ ► 50% off ORATS Options Trading Platform, Backtesting, & More: https://orats.com/esinvests ► 50% off Options Omega Backtesting: https://optionomega.com/register/esin... ► Barchart Premium - Try for FREE: https://www.barchart.com/get-barchart... ▬ VIDEO DETAILS ▬▬▬▬▬▬▬▬▬ #trading #stockmarket #optionstrading ▬ DISCLAIMER ▬▬▬▬▬▬▬▬▬ The content presented is for informational purposes only and should not be considered as financial advice. esInvests, its affiliates, and employees are not responsible for any investment decisions made based on the information presented in these videos. All investment and trading activities involve risk, and viewers should carefully consider their financial situation, investment goals, and risk tolerance before making any investment decisions. Any opinions, news, research, analyses, or other information contained in these videos are provided as general market commentary and do not constitute investment advice. esInvests does not guarantee the accuracy, completeness, or reliability of any information presented in these videos and is not liable for any losses or damages arising from the use of or reliance on this information. Viewers are encouraged to seek professional financial advice from a licensed investment advisor before making any investment decisions. By accessing and watching these videos, viewers acknowledge and agree to these disclosures and terms of use.