Options Trading (stock market)

[Steven]

I don't work in the exciting world of options. <_<

[cisono]

I don't work in the exciting world of options. <_<

Hmm I see... but we all have lots of options, in a way

[breaker7]

Breaker7 mate, can you provide any insight or major pitfalls or trade secrets???

Always have a strategy and try to stick to it - discipline really is the name of the game. There's no point changing what you do all the time (unless your inital rules were completely flawed) otherwise you can't tell if your strategy works or not.

Before you get going do some dummy trades somewhere - you dont want to jump in and get burnt really quickly doing something stupid.

Only trade small size to start and build up - seems obvious but you might throw some serious cash in if you're bored or want to make it rich quick - to be honest you may as well visit a casino ! Start small - get good - size it up.

If you have anything else you wanna ask feel free

[Dr The Singh]

Always have a strategy and try to stick to it - discipline really is the name of the game. There's no point changing what you do all the time (unless your inital rules were completely flawed) otherwise you can't tell if your strategy works or not.

Before you get going do some dummy trades somewhere - you dont want to jump in and get burnt really quickly doing something stupid.

Only trade small size to start and build up - seems obvious but you might throw some serious cash in if you're bored or want to make it rich quick - to be honest you may as well visit a casino ! Start small - get good - size it up.

If you have anything else you wanna ask feel free

Thanks buddy, i'm gonna do some reading first, then have a go at virtual trading and get burnt virtually first!!!!

[Swedging]

'Be lucky' is probably the best advice.

But know that luck never holds.

And remember that there are plenty of ways to get raped.