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One of the many benefits of
interacting with traders on a daily
basis is the opportunity to see which
markets are showing the best results.
Without fail I continue to see the
highest success rate with stock
options traders.
Many traders are intimidated by the
options market. They view options as
advanced products and they don't
want to mess with that.
The fact is that options are not as
difficult as you may think
When you dive into more detail you
will see that options provide all the
great features of markets like Forex
and futures and much more. Stock
options are the most flexible financial
products available hands down.
Let’s walk through a few basic steps that
can get you trading options very quickly.
Step 1: Trading System
Talk to any successful trader and you
will find that they have a detailed
system in place that they follow on
every trade.
Trading options are no different. You have
to have a system in place telling you when
to get in and when to get out.
There are many trading systems
available in the marketplace that claim
to give you an edge. The big key here is
to have a system that prints entry and
exit points right on the charts for you.
You don’t want a system that requires a lot
of discretionary decisions to be made.
You also want to use a system that
works on all stocks and ETF’s. You
don’t want to be limited to a few
products. Markets change and you
want a system that can adjust to those
changes quickly.
This is the only way you can stay
disciplined to your system.
One of my favorite setups is part of the
NetPicks Options Mastery program.
It is our reversal setup which takes
advantage of market extremes. I’m
willing to share this setup with your
free of charge.
This will give you a chance to see what
it looks like to use a system that gives
clear entries and exits in real time.
http://www.premiertraderuniversity.com/freeoptionsreversal
Step 2: Learn the Options Basics
Traders can be intimidated by options
when they start to hear about pricing
models, the greeks and strategies like
Iron Condors and Butterflies.
While these topics can be beneficial, it
is not necessary to master the
advanced topics before you get
involved with options.
Starting out with basic bullish and
bearish strategies is a great starting
point.
With our Options Mastery Reversal
Setup you will see clear long and short
setups.
Sticking with the basics, we talk about
buying calls (or call spreads) to play a
long setup and buying puts (or put
spreads) when playing a short setup.
This will allow you to take trades on
stocks/ETF’s for as little as a few
hundred dollars. This leverage will
open doors for the retail traders to
look at stocks and ETF’s of all prices.
Step 3: Use an Options
Platform/Broker that will help you
select the best options
There are dozens of potential options
brokers out there that will allow you to
place options traders very quickly.
They are not all created equal.
You want to use a broker that will give
you the tools that will help you place
the best trades. My favorite broker
platform to use is Thinkorswim by TD
Ameritrade.
The platform does not charge platform
or data fees and provides tools to help
quickly identify the best options to
trade which is a huge selling point.
When you combine the Options
Mastery Reversal System with the
Thinkorswim platform you will be able
to take trades in a matter of minutes. I
can identify and take my options
trades in 20 minutes a day. This allows
me to move on with my day to get to
other things.
Step 4: Establish a watch list of
Stocks/ETF’s
The biggest mistake traders make is
jumping around between different
stocks and ETF’s on a daily or weekly
basis.
This will lead to chasing performance
and very inconsistent results.
I like to take the opposite approach by
looking at the same small list of
products day in and day out. This
allows me to get to know the products
that I trade.
Stocks/ETF’s each have their own
personality which means getting to
know these personalities allows you to
trade with more confidence.
I like to get a good mix of stocks/ETF’s
on my watch list. My list includes some
of the most liquid options markets
available. I’m not trying to reinvent the
wheel with my trading. I’m trying to
trade the most liquid names with basic
options strategies.
Here is a list of 10 of my
favorite symbols.
As a result I have been able to
grow my account consistently
over the past 10 years.
Step 5: Continue to expand your
Options Knowledge
We talk about sticking with the basics
initially with your options trading by
using basic call and put strategies.
The nice part about options is if this is
as far as you go you can be very
successful with your trading. However,
we mentioned earlier that options are
the most flexible products in the
world.
As you start to master the basics then
you can start to move on to other
options strategies that allow you to
profit in all types of market conditions.
You can use options strategies like Iron
Condors and Butterflies to profit in
sideways markets when most traders
are pulling their hair out.
This is a great point to reach because
you can focus all your attention on
trading the same products regardless
of what the market is doing.
Options markets continue to gain in
popularity which is a huge selling point
given that volumes in many other
markets continue to fall off a cliff.
When polling traders that attend our
educational webinars we see the
highest success rate with options
traders.
If you are someone that wants to focus
on the areas that give you the highest
odds of success then you need to get
involved in the options markets. Start
slow and then ramp it up into the
advanced topics using the steps
outlined above.
Take advantage of the free Options
Mastery Reversal System to start
learning how we trade options at
NetPicks. Do this and you will be well
on your way to becoming a profitable
options trader.
http://www.premiertraderuniversity.com/freeoptionsreversal

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Why Trade Stock Options?

  • 1.
  • 2. One of the many benefits of interacting with traders on a daily basis is the opportunity to see which markets are showing the best results. Without fail I continue to see the highest success rate with stock options traders.
  • 3. Many traders are intimidated by the options market. They view options as advanced products and they don't want to mess with that. The fact is that options are not as difficult as you may think
  • 4. When you dive into more detail you will see that options provide all the great features of markets like Forex and futures and much more. Stock options are the most flexible financial products available hands down.
  • 5. Let’s walk through a few basic steps that can get you trading options very quickly.
  • 6. Step 1: Trading System Talk to any successful trader and you will find that they have a detailed system in place that they follow on every trade.
  • 7. Trading options are no different. You have to have a system in place telling you when to get in and when to get out.
  • 8. There are many trading systems available in the marketplace that claim to give you an edge. The big key here is to have a system that prints entry and exit points right on the charts for you.
  • 9. You don’t want a system that requires a lot of discretionary decisions to be made.
  • 10. You also want to use a system that works on all stocks and ETF’s. You don’t want to be limited to a few products. Markets change and you want a system that can adjust to those changes quickly.
  • 11. This is the only way you can stay disciplined to your system.
  • 12. One of my favorite setups is part of the NetPicks Options Mastery program. It is our reversal setup which takes advantage of market extremes. I’m willing to share this setup with your free of charge.
  • 13. This will give you a chance to see what it looks like to use a system that gives clear entries and exits in real time. http://www.premiertraderuniversity.com/freeoptionsreversal
  • 14. Step 2: Learn the Options Basics Traders can be intimidated by options when they start to hear about pricing models, the greeks and strategies like Iron Condors and Butterflies.
  • 15. While these topics can be beneficial, it is not necessary to master the advanced topics before you get involved with options.
  • 16. Starting out with basic bullish and bearish strategies is a great starting point. With our Options Mastery Reversal Setup you will see clear long and short setups.
  • 17. Sticking with the basics, we talk about buying calls (or call spreads) to play a long setup and buying puts (or put spreads) when playing a short setup.
  • 18. This will allow you to take trades on stocks/ETF’s for as little as a few hundred dollars. This leverage will open doors for the retail traders to look at stocks and ETF’s of all prices.
  • 19. Step 3: Use an Options Platform/Broker that will help you select the best options
  • 20. There are dozens of potential options brokers out there that will allow you to place options traders very quickly. They are not all created equal.
  • 21. You want to use a broker that will give you the tools that will help you place the best trades. My favorite broker platform to use is Thinkorswim by TD Ameritrade.
  • 22. The platform does not charge platform or data fees and provides tools to help quickly identify the best options to trade which is a huge selling point.
  • 23. When you combine the Options Mastery Reversal System with the Thinkorswim platform you will be able to take trades in a matter of minutes. I can identify and take my options trades in 20 minutes a day. This allows me to move on with my day to get to other things.
  • 24. Step 4: Establish a watch list of Stocks/ETF’s The biggest mistake traders make is jumping around between different stocks and ETF’s on a daily or weekly basis.
  • 25. This will lead to chasing performance and very inconsistent results.
  • 26. I like to take the opposite approach by looking at the same small list of products day in and day out. This allows me to get to know the products that I trade.
  • 27. Stocks/ETF’s each have their own personality which means getting to know these personalities allows you to trade with more confidence.
  • 28. I like to get a good mix of stocks/ETF’s on my watch list. My list includes some of the most liquid options markets available. I’m not trying to reinvent the wheel with my trading. I’m trying to trade the most liquid names with basic options strategies.
  • 29. Here is a list of 10 of my favorite symbols. As a result I have been able to grow my account consistently over the past 10 years.
  • 30. Step 5: Continue to expand your Options Knowledge We talk about sticking with the basics initially with your options trading by using basic call and put strategies.
  • 31. The nice part about options is if this is as far as you go you can be very successful with your trading. However, we mentioned earlier that options are the most flexible products in the world.
  • 32. As you start to master the basics then you can start to move on to other options strategies that allow you to profit in all types of market conditions. You can use options strategies like Iron Condors and Butterflies to profit in sideways markets when most traders are pulling their hair out.
  • 33. This is a great point to reach because you can focus all your attention on trading the same products regardless of what the market is doing.
  • 34. Options markets continue to gain in popularity which is a huge selling point given that volumes in many other markets continue to fall off a cliff. When polling traders that attend our educational webinars we see the highest success rate with options traders.
  • 35. If you are someone that wants to focus on the areas that give you the highest odds of success then you need to get involved in the options markets. Start slow and then ramp it up into the advanced topics using the steps outlined above.
  • 36. Take advantage of the free Options Mastery Reversal System to start learning how we trade options at NetPicks. Do this and you will be well on your way to becoming a profitable options trader.