The Options Course Workbook
Chapter One
Options
Trading:
A Primer
SUMMARY
Starting to trade options can be stressful and unsettling, but it doesn't have
to be. By learning to trade options systematically and by fostering a patient
approach, a new trader can become successful. Options trading requires
an understanding of the characteristics of options and this takes time to
master. Nonetheless, a person who is willing to study and work hard can
achieve success.
To become successful at trading options, you need to focus on three
important features of options: duration, direction, and magnitude. If understood,
the interrelation of these three issues can provide the edge
needed to win at options trading. There are, however, some steppingstones
that need to be put in place before jumping headlong into the options
game. Following the suggestions in this book will enable you to
gain the knowledge and skills necessary to trade profitably. Mainly, a
new trader should start small, not placing too much capital in any one
trade initially. New traders should also paper trade strategies to get a
better feel for how each strategy wo ... read full excerpt from The Options Course Workbook: Step-by-Step Exercises and Tests to Help You Master the Options Course ebook
