Learning an options trading system that works and then sticking to it is a hard thing to do. With the hundreds of new options traders entering the market every day, competition is getting tougher and you really need to be at the top of your game to survive. The good thing is there are 2 things you can do that will take much of the risk out of options trading, and help you build a profitable business. 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 don't want to go into a market dominated by professional traders and get skinned alive, there is another way to get into the options trading business that's a much safer way to go. And the best part is, there are only two steps in the process. Step 1 - Learn about options so you know the rules You should start out by learning the basics of trading options, both on the long side and the short side. Learn about puts and calls, condors, spreads, straddles, volatility, gamma, theta, delta and everything else. Spend a few bucks and invest in a course from a well regarded trader who's been around and knows his stuff. Once you've got the lingo down and decided on an options trading system that's right for you, it's time to take the next step. Step 2 - Subscribe to a service that gives option trade alerts 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. But you also need an understanding of how to trade options yourself, so you'll be able to understand what's happening with each trade recommendation. Then you'll simply have to pull the trigger when a trade alert is signaled, and you'll know exactly what to expect. An alerts service that offers a free trial period is a good idea, so you'll be able to test the alerts before you spend anything on the subscription. Just make sure you paper trade the recommendations first before you dive into the market for real. That way you can prove to yourself that the options trading system they are using is working correctly. 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. To learn how to trade profitably without wasting a fortune on useless options trading systems, visit Options Trading System. And check out this article might be really helpful when you're learning to trade options as well - Read It Here
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