A financially independent stock trader shares his biggest mistake that he says resulted in a 30%+ drawdown — and the changes that helped him average a 25% annual return for 5 years

• Erik Smolinski invests in real estate and start-ups, but his bread and butter is options trading.
• He shared the biggest mistake he ever made, which resulted in a massive account drawdown.
• It forced him to reevaluate his strategy and taught him the importance of being an organized trader.

If you go the route of active trading, mistakes are inevitable.