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#528 - Why I Enter Trades I Hope To Lose Money On?

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Synopsis

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. On today’s call, we’re going to answer the question – “Why I enter trades that I hope to lose money on.” First, many of you guys who might be long-time listeners might’ve recognized this, but I’m actually back in my office finally and able to record on my nice microphone and setup as I’ve been travelling the last couple of weeks and so, a couple of the daily podcast were not necessarily the best audio. I think it still kind of gets the point across, but I don’t know. I just like to kind of be here and get the recordings done in my office with a better microphone, so hopefully it’s a little bit better audio moving forward for you guys. The topic from today actually comes from a question that somebody had emailed in after we made an adjustment the last month or so in our DIA and QQQ positions. And so, what happened was, is that our portfolio was kind of centered a little bit bearish where the market was at the time and w