Rule #1: If you were not already making money in options trading or wanted to become a better trader, you must accept that what you are currently doing doesn’t work or is limiting your progress.
Rule #2: Never turn the markets into the world’s biggest casino.Rule #3: Accept responsibility for all your losses. You made all the trading decisions, no one did. So, own up to it! Only then you will be ready to learn and start all over again.
Rule #4: Never, never take revenge on the markets!