Options buyers often fall into a cognitive misconception during trading, believing that risk management, hedging, and decay are issues that sellers should worry about and are not related to them. However, this logic is actually flawed.

Why do sellers put effort into studying these? It's simply because they directly affect the survival rate and returns of the trade. If that's the case, as a buyer, you also cannot ignore these issues. Before entering a high-stakes position, if you don't understand the principles of hedging and the mechanisms of decay, you often end up blindly rushing in, only to suffer inexplicable losses.

Why would you still bleed after hedging? This question is not only something sellers need to consider but also something buyers must understand clearly. Once you understand this, you'll be able to find a balance between risk and reward. Options trading has never been a one-sided game; both buyers and sellers need to learn to think using the same set of logic.