Why Fearless Investing With Options Is Different Than Other Options Trading Books


Manage episode 164268986 series 1063725
על ידי Joshua Belanger התגלה על ידי Player FM והקהילה שלנו - זכויות היוצרים שמורות למפרסם, לא ל-Player FM, והשמע מוזרם ישירות מהשרתים שלכם. הירשמו כדי לעקוב אחר עדכונים ב-Player FM, או הדביקו את כתובת העדכונים באפליקציות פודקאסט אחרות.
When I first learned about options, I was studying to take the financial industry exam to become a financial advisor (Series 7). After I passed and scored high on the part related to options, I quickly realized I didn’t know how to trade options successfully after losing $2,000.00 on my first options trade. Despite being a licensed professional, the financial industry wasn’t interested in teaching me how to become successful trading options, only how to gather assets. After reading a lot of books related to options trading, I noticed that most provide a broad overview of how options work just like I had learned when taking my exam. They leave out the most important aspect of how options work with leaving out implied volatility, which is #1 option component that every person needs to understand if they want to be successful trading options. That is why most lose money starting out with options because they thought a book or some rehashed information on the internet was all they needed to learn. Then like what happened to me, they go out and quickly realize there’s more to this than what that book covered. I’ve found that most options trading books are outdated and will teach you how to use options to play your directional assumptions either using technical or fundamental analysis. Since the markets are random; research and real world experience has proved that long-term success isn’t from trying to pick the right direction. FIWO shows you how to generate consistent returns with putting the odds of profitability in your favor with trading options. It walks you through exact parameters to know when to use certain option strategies and provides an easy process on how to find the best trade opportunities without getting overwhelmed. If you want to remove the fear and greed and approach options trading as a numbers game, then FIWO is your starting point on how to become an options trading machine. It’s the book I wish had been available when I first started trading options over a decade ago. https://sizzle.samcart.com/products/fiwo-book To your wealth, freedom and options! Joshua Belanger

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