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So where is the ideal starting point when you want to profit from option trading? That’s not an uncommon dilemma. There are a variety of programs available that will assure you of spectacular earnings if you simply follow their ‘secret tried and tested’ system. And you end up finding that, after paying out around a thousand dollars for exclusive membership into the club, the trading signals don’t seem to be so easy to stick to (on an emotional level at least) while the anxiety levels are quite high.
I’ve come across a number of these courses – even paid quite a bit for some of them – but in the end, realized that the decision making process for entering trades continues to be rather subjective more often than not. You ‘pull the trigger’ believing you’ve observed the guidelines, but have overlooked (or haven’t had the patience to wait for) one or two indicators that didn’t come together for it to be the “perfect setup”.
The ideal kind of options trading training is a good investment in your future. The financial markets are here to stay and this means that mastering how to trade them profitably is an evergreen business – one which you can pass onto your children. When it comes to options, there are three certainties – (1) All stocks go up and down in price (2) All options change in value and (3) All options expire at some point. Don’t underestimate the significance of the last point. If you appreciate the implications of these fundamental and unchangeable rules and find some training that shows you you how to use them to your advantage then you will have an edge that will truly allow you to trade with confidence.