Anyone use Option Trading to make money?
By sdas86
@sdas86 (6076)
Malaysia
May 11, 2008 9:29am CST
Anyone is using option trading to make money? I heard that it is a great way to make money and can really make a lot money. Anyone has any idea and tips?
Please share with me and other newbies. Thanks!!!
3 responses
@killer_s (121)
• Indonesia
11 May 08
i don't know about option trading, but many people go into it and earn much money from it. looks interesting, i also want to learn about this. if you want interesting about trading, like option, forex, stock, maybe you can try forex first, because i think forex more popular than option
@sdas86 (6076)
• Malaysia
11 May 08
I tried Forex before and it is quite fun but too risky. It can help me make money very fast but can lose money very fast.
I'm not sure about Option trading but I heard people said we only buy the index up or down. 50% winning rate. If the index is up by 10 points and it is USD$10.00 per point, than we can earn USD$100.00 per day easily. But if it drops, then we lose.
That's what I know about option trading. Any idea? Or do you know anything about option trading?
@StereoDiva (2143)
• Canada
11 May 08
I tried a forex "online for fun" site and enjoyed it. I would have to spend a bit more time doing it before I became comfortable at it with my real money.
@lphptrader (38)
• Indonesia
12 Oct 09
I think options trading is one opportunity for us to make money, but it is also not easy to learn you need to focus and really need time to master it.
Basically it is the same as trading stocks, the difference is in options you trade trade as a seller or a buyer. If you want to know deeper about options you can go to this site http://theoptionsguide.com/ and then after that read some of the options trading book then start your virtual trading.
Regards
:)
