Publisher's Synopsis
Would you like to start trading in options but you don't know what trading is? Are you looking for an effective guide for options? ...then keep reading...
Options trading is one of the emerging investments. Today's options markets are the most actively traded and liquid in the history of options trading. I regard it as a high-risk investment that needs unique methods and tactics to master the art. As the industry thrives, there is a rise in competition which puts people at the edge of being more creative than before. Fantastic opportunities are being presented daily, which makes it an ideal time to become a trading expert. With the expansion of the industry, one is required to be smarter than before since the old tricks are not good enough for today's advancements. The first step into trading options is acquiring an account with a brokerage that allows trading. The option trading platforms tend to be unique and with varied specifications. Before getting an account, its best that you understand the advantages and disadvantages that come with each for you to settle on an excellent report. Alternatively, you could trade with the help of someone with an account but ensure it is an individual or a company that you can rely on. It is advisable that you first equip yourself with the necessary knowledge before getting to the point of having an account. This book talk about:
BASICS OF OPTIONS
WHAT INFLUENCES OPTIONS PRICES?
THE TRADER MINDSET
BASIC TRADING WITH COVERED CALLS
IN THE MONEY, OUT OF THE MONEY
STEPPING UP IN TRADING WITH CALLS
BUYING AND SELLING PUTS
STRATEGIES FOR NEW TRADERS: LONG VS SHORT
HORIZONTAL SPREADS
STRADDLES AND STRANGLES
RISK AND MONEY MANAGEMENT
ANALYZING MOOD SWINGS IN THE MARKET
BROKERS
TECHNICAL ANALYSIS AND ITS BASICS
THE GREEKS
TOOLS AND RULES OF OPTIONS TRADING
TIPS FOR SUCCESS
TOP TRADER MISTAKES
5 REASONS WHY TRADERS LOSE MONEY
CREDIT AND DEBIT SPREADS
HOW TO TRADE OPTIONS ON ROBINHOOD FOR BEGINNERS IN 2020
EXOTIC OPTIONS
And much more!
The big mistake most investors are making is lacking adequate knowledge on how they can buy and sell their specific security at a future date and on a set price. Having options strategies allows one to navigate and manage the risks experienced in any market condition.You get profits once you can manage risks. Ignorance is a trait that will prevent you from making progress as far as options trading are concerned. Anything worth earning an income requires that you get the necessary skills and knowledge for you to get it right. Do not let the numbers deceive you into making impulsive trade that will result in you incurring losses. You would rather be patient and keep your money than making wrong decisions that you will end up regretting. Whether you decide to be the one making a bet or taking the chance, to ensure you trade carefully. Most beginners tend to buy with the help of brokers who at times end up frustrating them. Before you engage someone to help out in options trading, be sure you can trust them and that they have previously handled successful trades before. The best option, however, would be making the trade yourself but if you feel like you have little knowledge and might need a helping hand, you can contact reputable companies dealing with trading options to make your work easier.
Are you still reading? Buy this book now and let's get started!
