Our guide to trading options focuses primarily on binary options and simplified standard options strategies for day traders. Once you have the basics covered you should have a good feel for the types and levels of risk involved and what types of strategies to further explore. It is important to make your first trades extremely small – so as to learn all the mechanics of a trade.
You May Find These Other Books Helpful in Learning About Options Trading
Learning to Walk Before You Run – First Steps in Options Trading
Unexpected consequences can cause you a lot of grief – so watch the mechanics of a trade on a small scale and get comfortable with it first. After all, commissions on a standard options trade might run you $10-$50 depending on your broker (one commission to buy, one to sell). That’s a small price to pay to learn how an option trade works… much better than losing $10,000 on a screw up, no?
Topics Covered in the Guide
We cover a fairly broad range of topics in the options trading guide so that you should have a pretty good perspective as to where your strengths lie and what strategies might be best for you to start with. Some of the topics covered in the guide are
- Glossary of options trading terms
- Call options usage
- Put option strategies
- Binary options trading
- Margin requirements
- Implied leverage
- Forex Trading
- Impact of forex markets on equities markets
- Market timing
While this list isn’t necessarily exhaustive, by the end of the email trading series you will have a good understanding of the terms, strategies, and mechanics of trading options. This guide to trading options isn’t going to teach you every last nuance of the stock market, but by the end of it you ought to be able to make your first trades with a reasonable amount of confidence. That’s really all any one can ask these days.
Sign Up for Our Free Binary Options Trading Guide
Sign up below for our free binary options trading guide. You’ll also find resources about standard options in it along the way.
