Ep 75: Trading Options: The Real Way Money is Made from Options

In this episode, I'll give you some more insight, some ideas about how options are traded. Over the last couple of weeks Ive been busy filming an options course, and Im still working on that course, theres a lot of material that Ive been working on but, I do realize that I havent really focused a lot on sharing some insight and wisdom at least on the Thursdays lessons here on the webcast that we do, about options And there are a few different reasons for that really. One of the reasons for that is because options are very different from trading stock. Trading options is different than trading stocks They are a little bit more complicated, in fact, quite a bit more complicated if you dont know or dont understand what youre doing. So the risks can become much greater if you are unknowledgeable and if you are unaware of the consequences and the risks. There are of course great upsides, so options really were invented for risk management and proper risk management with options, can actually give you a lot of advantages if you know and understand what youre doing. The problem with options, with most people, is that they dont know what theyre doing, and when you dont know what youre doing, then thats really when you can burn your account and blow your account up and have a lot of damaging consequences when you dont know and understand what happens when trading options. Dont read this if youre a beginner If you are just joining me, if this is the first time youre listening to these lets talk stocks sessions, or the lessons then I highly recommend you actually dont watch this lesson, dont listen to this lesson, go and get the basics, go to the website tradersfly.com and just go to the training section and get some of the basics and fundamentals. Once youre in this training section, when you get there, theres going to be a lot of different lessons in here that you can just go and browse to, such as the wall street basics and terms. Even the trading basics and fundamentals, technical analysis basics, money and risk management basics. All these things will help get you started on the basics and fundamental level. Once you do get into some core material and youre starting to understand things and you want to trade options, what you could do is go through some of the videos that Ive already created such as these little shorter videos, and go through them and learn some of the basics behind trading options. Just search for trading options, or options and youll see a lot of different videos that Ive already created, so I wont be covering exactly all these basics in the sense of going through the basics of these option videos, Im not going to go in detail about every single one of these things that Ive already covered in these videos. #tradingoptions #optionsmonay #trading #tradingmoney #optionsbasics #tradingprofit Posted at: https://tradersfly.com/blog/ep-75-the-real-way-money-is-made-from-options/ ? GET MY FREEBIES https://tradersfly.com/go/freebies/ ? SUBMIT A VOICE QUESTION https://tradersfly.com/go/ask ? START HERE: FOR NEW TRADERS https://tradersfly.com/go/start/ ? START HERE: OPTION TRADERS https://tradersfly.com/go/start-options/ ? MY CHARTING TOOLS + BROKERS https://tradersfly.com/go/tools/ ? MY COMPUTER EQUIPMENT https://backstageincome.com/go/computergear/ ? GET THE NEWSLETTER https://tradersfly.com/go/tube/ ? SEE OUR MEMBERSHIP PLANS https://tradersfly.com/go/members/ ? STOCK TRADING COURSES https://tradersfly.com/go/courses/ ? STOCK TRADING BOOKS: https://tradersfly.com/go/books/ GET PRIVATE COACHING https://tradersfly.com/go/coaching/ ? WEBSITES: https://tradersfly.com https://rise2learn.com https://backstageincome.com https://mylittlenestegg.com https://sashaevdakov.com ? SOCIAL MEDIA: https://tradersfly.com/go/twitter/ https://tradersfly.com/go/facebook/ SUBSCRIBE TO OUR YOUTUBE CHANNEL https://tradersfly.com/go/sub/ ? MY YOUTUBE CHANNELS: TradersFly: https://backstageincome.com/go/youtube-tradersfly/ BackstageIncome: https://backstageincome.com/go/youtube-bsi/ MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/ ? ABOUT TRADERSFLY TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry, especially if you are new. Watch my free educational training videos to avoid making big mistakes and just to continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us!