Day Option Trading for Beginners
Create a Passive Income and Live a Better Life
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Narrated by:
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James Lee
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By:
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Jim Novak
About this listen
Those looking for options trading advice are usually either reasonably new to the options market or are experienced traders having some difficulty with their current trades and are hoping for an answer. If you are among the first category, you are probably looking for some advice about how to start options trading, what risks are involved and how to avoid them, how to trade safely, and still make consistent profits. If you are among the second category, there are ways to save or at least salvage, losing trades, but this discussion must be left for other pages on this site.
So, what is the best options trading advice for beginners?
The simple answer is to make sure you first understand all there is to know about options trading, particularly the principle of time decay before you risk any of your hard-earned money. Decide what kind of trader you wish to be. Do you want to be a day-trader, a short-term trader, or a longer-term trader who only needs to check your positions to see if you need to adjust them once a day and has at least a monthly or longer strategy in place?
In this book, you'll learn:
- The fundamentals of put and call options
- Valuation and option pricing
- Tips to successful option trading
- Market environment
- Ways to turn your investment into profit
- The best strategies for 2020
End wasting your time trying to predict which way the market moves and instead embrace nondirectional spread trading. Options are the key ingredient your trading has been missing.
©2020 Jim Novak (P)2020 Jim Novak