DolanMelchor19
From Nema Wiki
Options Trading - Avoid High-Priced Seminars
The stock market is down, yet options activity is up. This means that many are finding themselves taking control of their assets and becoming into the Wall Street game of 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 give the buyer what they think they're getting.
Often times, individuals have sufficient information to become dangerous...to themselves and their financial future. Once they don't find success, they find themselves paying the same high price to have an alternative service or seminar. In order for people to have a full understanding of the options market, they have to speak with a professional who knows how they think and operate.
This is actually the something missing from several choices seminars today. The course material isn't necessarily drafted by a professional, but instead someone who has text book answers to standard market material and it is in the business of making money. This can allow it to be very difficult for that novice investor or trader who is looking to get their money's worth from the seminar. Options trading isn't something which could be learned in 5-7 days. People who believe it can are either selling you something, or don't have enough experience to advise you on how to trade options.
Do yourself a favor and look for as many opinions as possible when selecting an options trading platform. There are lots of small differences outside of commissions that the less educated will not be conscious of. One example is charting options. Most retail investors don't have the most needed skill when it comes to obtaining the best entry prices on options, a chart. Can you purchase a stock without looking at the chart? Most likely not! This is actually the kind of important information to be educated onto find success in options trading.
