Written by A.J. Brown

Is Trading Stock Options a “Lone Wolf” Activity?

Trading Stock Options - Lone Wolf Activity?I remember one particular email I received a few months ago. Or maybe it was a comment on this blog. I can’t remember exactly where I read it. But the gist of the comment was that trading stock options is an individual activity.

I think the author of the comment even called himself a "lone wolf," and implied that the idea of "group trading" was ridiculous.

Certainly, many traders make a decent living by themselves. They lock themselves away in a corner of the house, watch charts all day, and pick their own trades. And over time they grow their portfolio.

This "isolation method" didn’t work so well for me. But fortunately I disocovered a different way. My big breakthrough came when I decided to join a trading group. I can think of one word that explains why joining a trading group made such an impact on my success…


That’s it. Accountability.

As a "lone wolf" trader, it’s easy to get too relaxed… to make compromises… to let your emotions get the best of you and make a few bad trades.

But a trading group has the potential to shortcut this human tendency.

That’s because the trading group can look over your trades and see things that you don’t. Assuming they’ve been trained properly, they can tell you if you’re making a bad trade or not.

Have you ever looked at something so long you weren’t able to see it clearly any more?

This happens to traders. And a second set of eyes can be cheap insurance.

Trading Groups Are Not for Socializing

Some folks who’ve heard me talk about the importance of trading groups have misunderstood me. They think I’m advocating some kind of social activity. But that’s not what I’m suggesting at all.

A trading group is not to hang around and talk about the latest hot stock tips you heard from a friend. It’s a time to do serious analysis and critique other group members’ trades.

This works on two levels. First, it helps prevent you from making bad trades and reinforces your good trades. Second, reviewing other group members’ trades gives you an opportunity to sharpen your own skills.

And so everybody in the group gradually gets better and better. As they say, "A rising tide lifts all ships."

A Word of Caution

Before you run out and start a trading group of your own, you must make sure that each member of the group has a similar trading philosophy and has been trained in a similar manner.

Otherwise, you may find conflict developing between group members. One person says to trade this way; another says to trade that way. Next thing you know, you’re not getting better at trading, you’re arguing about trading philosophies.

Trust me, better to avoid that situation all together.

Similar training and philosophy are one reason why the Trading Trainer community works so well. Everybody is on the same page. Everybody is trying to help each other become better.

That’s why I call Trading Trainer "A Community of Like-Minded Investors." That "like-minded" part is key. If we all had different beliefs and trading methods, what a mess it would be!

Fortunately, we’re all working together as a team to make better trades and, ultimately, to become better option traders.

==> Click here to learn more about Trading Trainer.

Best regards always,

A.J. Brown

P.S. As you might already know, I announced a trading challenge in my last post. I’ll have more updates soon. Thank you Bob, Tom, "MachoDuck," Mark, Dirk, and Mary for your kind comments and notes of encouragement. I really appreciate it!

Categories: Options / Strategies / Success

9 Responses to “Is Trading Stock Options a “Lone Wolf” Activity?”

  1. San Jose @ 3:53 am:

    Very nice.. Thanks for valuable information..

  2. Online Options Trading @ 2:06 am:


    with a trading group, we can learn from each other experience.

    Online Options Trading

  3. MAURICE @ 4:33 pm:

    AJ, once again you makes logical sense. words of wisdome. i bet “lone wolf” and others like him have second thought.
    thanks, A J, keep it up!!

  4. Henry Andrechyn @ 1:16 pm:

    can I get a quick and dirty rendition of your options program? Do you tutor for th 21 days then if I join do we do trades together. Do you select the options for us?

  5. gerard @ 1:21 pm:

    I am enjoying your messages.Currently I am in the process of moving and will be able to continue around the first of June when my e-mail will change. I have already notified your office of this change and will be able to your subscribe again to your services.
    Gerard Verkaik

  6. A.J. Brown @ 7:17 pm:


    During the 21 days you’ll have access to the entire member site. You will be able to go through my recorded option trading training, join the forum, and join a trading group. You’ll also be able to participate in my Monday night MoneyLink calls.

    I do not select options for you, but we have an option filter tool in the member area that preselects options that are worth closer examination.

    Does that help?

    A.J. Brown

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  9. Binnacle @ 7:20 am:

    I was just thinking about this very subject A.J. I’ve just started my journey learning options and the few (2) option traders I’ve meet in my area are the Lone Wolf types.

    I attend a local (50mile) IBD meetup group but it was really a social event. So still looking for Trading Partner.

    BTW this was one of the reasons for joining your site. I can see where this has such great value. I’ve been really impressed with the content. Just started on your ebook today.


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