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Shortcut Your Options Trading Learning Curve By 5 Years And Thousands Of Dollars


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  • Shortcut Your Options Trading Learning Curve By 5 Years And Thousands Of Dollars

    It's a sad fact, but new options traders come into the market full of hope every day, and most of them leave beaten and bruised within just a couple of months. The more determined traders spend a fortune on one options trading system after another, and most still leave the business frustrated without ever knowing what happened.

    New trading systems, robots and tools are launched all the time, always promising traders who've been burned in the past that this time it's different. Unfortunately, it's usually more of the same when these systems are used by real traders in the real world.

    But if you're smart, there is an alternative to getting caught up in the washing machine that is the options trading system roulette wheel. And there are only two steps.

    Step 1 - Learn the basics of trading options

    You should learn the basics of trading options, both on the buyer's side and the seller's side. There's a lot of free training around, but you're better off to spend a few dollars and buy something from a recognised trader who's been around the block a few times.

    Then spend a little time learning the ropes so you know the terminology and the rules of the game. You'll then be prepared for step two, which really is the easy part.

    Step 2 - Subscribe to an options alerts service

    Look for options alert service run by an experienced trader who has been around and is still personally trading a proven options trading system. If the person who manages the service is making the trades live in the market, and you can just ride on his coat tails, you are so far ahead of the game it's like shooting fish in a barrel.

    And because you'll already have an understanding of how the trades the service recommends are made, you'll be able to understand what's happening with each trade recommendation right away. That means you should have no hesitation in pulling the trigger when a trade alert is signaled because you'll know exactly what to expect.

    Oh, and one last thing. It's a good idea to go with a service that offers a free trial so you can test the alerts for yourself before you go all in. Most of the better services will do this for you, and you can paper trade some of the recommendations so your capital isn't at risk just yet. That way you'll know for sure if the service lives up to the claims being made pretty quickly, without risking your cash.

    By learning the basics of options trading, and the finding an options trading system that generates profitable trade alerts for you, you can save a LOT of time and probably thousands of dollars in losses compared to trying to work out how to trade the options market by going it alone.

    Article Source:
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    "Step into the arena and hold on to your hat. Don't get discouraged if you don't make 8 trillion dollars in your first month. Trading is not a get rich quick scheme. Realize that trading is a skill and just like any other skill it takes time to learn. Have convictions in your decisions in life and trading. Ignore the comments and "advice" of those that have never traded a day in their life."

    College is here to read more about the college scam!

    Good KARMA and positive energy abound.

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