Can you lose money with the options wheel trading strategy?

Understanding how to judge trading strategies for their level of risk and reward is important when seeking the perfect strategy that's right for your needs. The top options wheel trading strategy shapes out to be low risk with a middle ground level of profit.

The top strategies are high risks but yield more return (sometimes quadruple what you invested) than any other type, while the lowest risks may only make up as little as 50% of the amount invested. Again, it all comes down to what suits your personal investment style better.

Hierarchy of Trading Strategies:

1) High Risk = High Reward

2) Medium Risk = Average Return

3) Low Risk = Low Return