KippieAugustus12
From Nema Wiki
Options Trading - Avoid High-Priced Seminars
The stock exchange is down, yet options activity is up. That means that most are finding themselves taking control of their assets and becoming in to the Wall Street bet on leverage. Leverage can offer great opportunities for many seeking to improve their returns and hedge against market risk. Unfortunately, using the wave of options activity, we've seen many firms offering high-priced seminars that do not provide the buyer what they think they're getting.
Often times, people have just enough information to become dangerous...privately as well as their financial future. Once they don't find success, they end up paying the same high price for an alternative service or seminar. In order for individuals to possess a full knowledge of the choices market, they have to speak with a professional you never know the way they think and operate.
This is the one thing missing from many options seminars today. The course material isn't necessarily drafted by a professional, but rather someone who has text book solutions to standard market material and it is in the industry of making money. This could make it very hard for that novice investor or trader who is looking to get their money's worth out of the seminar. Trading options is not something which can be learned in 5-7 days. Individuals who believe it can are either trying to sell you something, or do not have enough experience to advise you regarding how to trade options.
Do yourself a favor and look for as many opinions as you possibly can when selecting an options trading platform. There are lots of small differences beyond commissions that the less educated will not be conscious of. An example is charting options. Most retail investors don't have the most needed skill with regards to getting the best entry prices on options, a chart. Would you buy a stock without looking at the chart? Most likely not! This is the kind of information you need to be educated onto find success in options trading.
